Thanks for the information
I would like to learn more about this aspect of investing as well.
I am dablling in swing and day trading and I have found the information
at
www.marketocracy.comI would like to learn more about how Stockman got into trading and/or any good
books are references he might have about swing/day trading. :-)
I am hungry for knowlege.
I started day trading (sort of) after the Jan 22 -23 crash and so far
things have been going better the I might have expected. But I am
constantly learning, and every day I wish I knew more "tricks of the trade"
:-)
thanks
tom w
I would like to add this to keep all the info in one thread handy:
Quote:
"
I am Stockman and Finviz has become my main site for day trading. It took me several weeks to learn all the features and almost every day, I think of new variations to find stocks that have the best price appreciation. My returns on my money have increased tremendously and I am willing to share my best ideas. I would also like to hear other success stories on using this site to make money so that I can add to my returns as well as increase yours.
My first suggestion after you have registered on the main page, is to go to "screener", go to industry and pull down "Agricultural Chemicals" which includes fertilizers, go to "save as portfolio" and reply yes to the $100,000 portfolio, name the portfolio on the top right and save on the bottom left. After saving, you will see the portfolio, Go to "open in screener", go to performance and sort by month by hitting the month tab until they are all green. You should see seven stocks that are up an average of 15% for the month as I write this. This site has allowed me to invest in only double digit return stocks like these.
I don't work for Finvin and I only can speak highly of this site because of the money I am making. I am not here to brag, but to give you investment tips and the only thing I want is similar ideas from you. My motto is "more money, faster". I will give you many more if there is interest and I get the feedback on other stocks or categories to buy. I wish all of you, more money faster."
End Quote
Thanks that sounds like GREAT advice.
stockman wrote:barbiescornerpub
Posted: Monday, June 23, 2008 9:52:01 AM
oinRank: Newbie
Joined: 6/23/2008
Posts: 1
Location: nashville, tn
Good Morning Stockman, Can you please explain a little more explicitely the stock screener, going to industry and so forth. I am a little lost and like your strategy. Thanks
When you open the screener, you have 7000 stocks all over the world that you could use any variable you can think of to measure a sector or company. In becoming familiar with the site, it would be good to look at the drop down menus to see what is available. I use sector and industry extensively to zero in on fast appreciating stock prices by using the sort function in performance. The best overall view for me is the "custom" button where the default only has a few measurements when you first open it. To make custom more valuable, open custom and hit settings. A new selection appears where you can pick the measurements that you think are important in evaluating a company. After adding more measurements, they stay in your custom section and that becomes my main sorting and evaluating button. To me,custom eliminates a lot of buttons in that row because you are already looking at the measurements you think are important and don't need to switch views repeatedly. My evaluation period was greatly shortened after looking at custom repeatedly and not fully understanding what it could do.
Remember that if you want to watch a sector or industry, you can save as a portfolio after sorting the top performing stock price increases for the month since the system has a 50 stock limit function for that. These are all my opinion as far as using month for sorting because week can be unduly influenced by news. The reason to sort first is to make sure you are getting the top performers into the portfolio. I went through the procedure to do that in an earlier comment. I hope this answers your question. If not, let me know.
