Thread: Where do the stock traders look to find good trade possibilities?
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Old 08-04-2008, 07:47 PM
Shaun Overton Shaun Overton is offline
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Location: Panama
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Tigerman,

Many stock traders use screeners to look for the market conditions that match their strategy. I like trend trading, so the way I scan for candidates is to run a screen searching for:

Price is at a 52 week high
Price >= 5% above the SMA50
Average shares traded >= 500k
Marketcap >= 250 million

What type of conditions are you searching for? Range, trend or something else?
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Shaun Overton
OneStepRemoved.com
Strategy and Automated Trading Development
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