I'll continue to play CPSL, for what I can get out of its great dayrange until it dries up.
3 comments:
Anonymous
said...
Hi Muddy,
I have been following your method for a few days now and already learned a lot. I have one question however: how do you find the sq/vol/br (?) picks? I guess you filter them on SCC? But what are the settings? Thank you for your great help! Alex
Hi Alex, i use Stockfetcher: Simply these for finding sq/vol/br,WHITE candle must be pierced by UBB:
stocks where close gained more than 8 percent over the last one day
stocks where volume is 300 percent above average volume(90)
DON'T use an average volume criteria as that would defeat the purpose.
Stockfetcher does miss a few in it's data base,you can run smallcapcenter also if you wish. Just add "abnormal price up" and "abnormal volume up" to the range of priced stocks you wish to see on SCC.
To make the most of the chat room, please read the blog!
This blog exists so that Muddy doesn't have to repeatedly answer the same questions from new readers and chat room members.
Muddy outlines how he screens, selects, and plays stocks. You won't find daily posts on the market. We don't care if the markets are green or red, nor do we post general market commentary. As Loki said in the chat room, "No matter the shade, cash to be made".
Content on this site is not appropriate for the purpose of making a decision to carry out a transaction or trade. Nor does it provide any form of advice (investment, tax, legal) amounting to investment advice. Under no circumstances should any person at this site make trading decisions based solely on the information discussed herein.
3 comments:
Hi Muddy,
I have been following your method for a few days now and already learned a lot. I have one question however: how do you find the sq/vol/br (?) picks? I guess you filter them on SCC? But what are the settings?
Thank you for your great help!
Alex
Hi Alex,
i use Stockfetcher:
Simply these for finding sq/vol/br,WHITE candle must be pierced by UBB:
stocks where close gained more than 8 percent over the last one day
stocks where volume is 300 percent above average volume(90)
DON'T use an average volume criteria as that would defeat the purpose.
Stockfetcher does miss a few in it's data base,you can run smallcapcenter also if you wish.
Just add "abnormal price up" and "abnormal volume up" to the range of priced stocks you wish to see on SCC.
Muddy
Thank you Muddy!!
I love to trade while participating in your chatroom. Much more fun than trading alone..
All the best
Alex
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