When there is a requirement of tradeable opportunities in various stocks
listed on a stock exchange the difficult question which arises in the mind
of the trader is that what should be the criteria to find stocks which could
be potential winners for them.
Entry into a stock can really become a headache if it is not executed at the
right time & the right price. Sometimes it may happen that a stock is ready for
a breakdown but you may after listening a good news about that particular stock
go long in that stock just to find in few days that the stock has crashed 15 -20 %
from your entry price. The reason is simple that your timing of entry was not based
on a technical aspect and it went wrong drastically.
There are certain types of scans which may help a lot an investor or a trader to time
good entries in a stock. Many seasoned traders are good at making out these scans with
the help of their stock tracking skills based on certain parameters which they know are
going to help in decion making about which stock to choose to make an entry into.
Some Stock scans are meant for positional or swing trading and some scans are meant for
scanning stocks on an intraday basis. For both kind of scans we need to have access to
stock data.
For stock scans done on EOD [End Of Day] data helps in making decisions
for positional or swing trading.
Similarly scans done on Real Time Data of 1 min. , 5 min., 15 min., 30 min., hourly
time frames help in making entries in stocks for intraday trading and a shorter time frame.
There are certain softwares which aid in scanning stocks after giving input of parameters
for scanning stocks . Some famous softwares being Amibroker , Metastock etc. In these
softwares we can get both EOD & Real Time data and thus able to do both type of scans.
There are also some websites which help in scanning stocks both on daily time frames
and Intraday Time frames.
I am going to discuss some popular scans which are used by traders of all levels for
exploring good opportunities in making profitable entries into stocks. These are the
set of parameters on which the stocks are scanned and eliminated for making decisions
to make profitable entries.
Here we go with the most popular among investors.
Related Posts:
52 Week New High & 52 Week New Low
Price Crossing Above and Below 200 Day Moving Average
listed on a stock exchange the difficult question which arises in the mind
of the trader is that what should be the criteria to find stocks which could
be potential winners for them.
Entry into a stock can really become a headache if it is not executed at the
right time & the right price. Sometimes it may happen that a stock is ready for
a breakdown but you may after listening a good news about that particular stock
go long in that stock just to find in few days that the stock has crashed 15 -20 %
from your entry price. The reason is simple that your timing of entry was not based
on a technical aspect and it went wrong drastically.
There are certain types of scans which may help a lot an investor or a trader to time
good entries in a stock. Many seasoned traders are good at making out these scans with
the help of their stock tracking skills based on certain parameters which they know are
going to help in decion making about which stock to choose to make an entry into.
Some Stock scans are meant for positional or swing trading and some scans are meant for
scanning stocks on an intraday basis. For both kind of scans we need to have access to
stock data.
For stock scans done on EOD [End Of Day] data helps in making decisions
for positional or swing trading.
Similarly scans done on Real Time Data of 1 min. , 5 min., 15 min., 30 min., hourly
time frames help in making entries in stocks for intraday trading and a shorter time frame.
There are certain softwares which aid in scanning stocks after giving input of parameters
for scanning stocks . Some famous softwares being Amibroker , Metastock etc. In these
softwares we can get both EOD & Real Time data and thus able to do both type of scans.
There are also some websites which help in scanning stocks both on daily time frames
and Intraday Time frames.
I am going to discuss some popular scans which are used by traders of all levels for
exploring good opportunities in making profitable entries into stocks. These are the
set of parameters on which the stocks are scanned and eliminated for making decisions
to make profitable entries.
Here we go with the most popular among investors.
Related Posts:
52 Week New High & 52 Week New Low
Price Crossing Above and Below 200 Day Moving Average
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