Hi all,
Yes that did help in a way however I forgot to add one more trick to my strategy and that is...

I researched all the companies (Operating income, Total debt to equity, free cash flow, interest expense and interest cover) that are listed on the JSE penny's, AltX and mainboard companies. All the companies that have an operating income(OI) of over R1000 Million I would consider in trading and companies with an OI of more than R500 Million I may consider in trading but I am a bit more skeptical with those.

All the companies that have made a loss I totally disregard them from investing.

I am trying to include my reasearch with regards to the fundamentals and the technicals.

In a nutshell what do you think of the strategy of only considering stocks that have over 100 000 trades a day, PE below 100, Operating income of over R500 Million.

Note: I am a short-term trader

Best regards
The Contrarian