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11/04/2016 No stock picks, scan only found 104 candidates

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Cobra
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11/04/2016 No stock picks, scan only found 104 candidates

Post by Cobra »

The strategy is first to scan strong stocks, then I hand pick those with base and breakout patterns.

In a strong market, the scan for strong stocks should yield around 400+ stocks.

So 104 candidates today is an alarming sign.

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daytradingES
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Joined: Thu Sep 13, 2012 10:46 am

Re: 11/04/2016 No stock picks, scan only found 104 candidate

Post by daytradingES »

When (what conditions) would you switch and scan for weak stock and handpick shot patterns?
Educational only and not trading advice (EO&NTA) :)
Good trading to all
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Cobra
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Re: 11/04/2016 No stock picks, scan only found 104 candidate

Post by Cobra »

A clear downtrend.

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