|
|
 |
goldblattrbz1 |
|
  
Posted on: Mar 25, 2005 - 5:38pm
|
how would one decide on which to give more weight?
- alert vs overall summary vs
Price & Volume vs Position Indicators vs
Timing Indicators vs
Detailed Chart vs Trade Quality:
Dan what is your method to scan? and pick a trade ?
|
|
dan.chapmano3
|
Posted on: Mar 30, 2005 - 7:51pm
|
*** Disclaimer: This response is just my opinion and is not investment advice.
I'm not an investment advisor, please check with a registered investment
advisor before investing.
------------------------------
I personally don't depend on the "Overall Summary" as much
as other indicators.
These are some of the qualties I find important (my opinion):
- Breakout and Breakdown alerts I find valuable.
- Good trade quality, for breakouts good breakout trade quality.
Good trade quality consists of good profit, small loss on the stop
and not many resistance areas to the target (good target potential).
- Good support area for a long.
- Good buying volume for long positions ( 1 and over 3 days).
- Good 1, 3, 5 and 10 day charts. (Also see 3 day chart alert).
Accumulation and positive price action.
- Trend towards the target. (1 month/4 month) or turning
towards the target.
and a few other indicators.
Most of the PreScreener screens have many of the above
mentioned qualities.
Dan
*** Disclaimer: This response is just my opinion and is not investment advice.
I'm not an investment advisor, please check with a registered investment
advisor before investing.
|
|
|
