w/e 1-4post mortem, page-18

I admit I completely overlooked CXY. Had them in the hazard bin and didn't really cotton onto the significance of the China announcement. That is an area I have to work on I think. Always late to the party when an announcement has been made.

How do you guys find what might make a good trade? I go through all my charts (140 and growing)that I have drawn up, mainly from requests from the chart thread and the stocks I hold and then check them for uptrend, stochs, MACD level and see if any are there that might run for a few days.

Then I check out libarts latest list as well as the stocks picked out by various Prorealtime trend detector tests and whittle them down to 2 or 3 that might be tradeable for me.

What I really need to do is to run a scanner on the charts I have to save some time but haven't found out how to write my own scanner yet for PRT. Anyone got any advice?

My biggest frustration is picking an entry point. When I have bought in on a breakout, the stock often retraces test that breakout and that can take a few days or a few weeks. I make a mental note to then wait and buy the test of the breakout. However when i do that, the test never happens and the stock goes higher and higher.

I guess that is the problem with small caps that are thinly traded. They don't often conform to the classic rules of more liquid stocks.

I am also noticing a lot of stocks have run a fair bit until they get to the breakout point and then there is not much left in the tank. Not yet confident to try and pick bottoms (mainly because of the smell. LOL) as I don't need a falling knife at this early stage of attempting targeted trading.