Many traders use many different scanning techniques/paramaters/criteria
e.g. scan for stocks with price above 13ema
scan for stocks that have a volume and price increase from the previous day
scan for stocks with a positive MACD
scan for stocks with %K above %D
Some other traders look at the most discussed stocks on HotCopper...follow the crowd...follow the volume
Good Luck...keep reading, make a trading plan suitable to you, follow that plan, paper trade, start trading with a small outlay, use stop losses, take profits
You'll work it out...when you do let me know :)
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Many traders use many different scanning...
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Shanthar Pathmanathan, MD
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