how do you find a trade?, page-2

  1. 1,568 Posts.
    what do you look for when you are searching for a trade? you obviously have an idea of what a trade setup you like to trade looks like or you would have nothing to serach for!

    therefore you screen for whatever conditions satisfy your trade setup

    do you trade breakouts? if so, you might screen for stocks that are making 52 week highs, or stocks that are making weekly highs, or hourly highs....depending on your trade timeframe.....or you could scan for stocks that have risen more than 5%, 10%, 25% in the past day/week/month....or dropped by that much

    do you trade anomalous volume? if so you might screen for stocks that have their highest volume on record, or a volume that is 50% above the average....or 50% below the average

    what size stocks do you trade? you could scan for only ASX20 stocks, or ASX200 stocks

    or a combination of these things

    if you can define your trade setup well, then you can make a scan to help you find one

 
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