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Are you ready to trade on the same playing field as the
professionals? Let our Stock screen machine present with with only the
best stocks & ETFs according to our constantly update & improve
market-tested formula for explosive growth.
Try it today!
Daily Trading Ideas:
Every evening after the market close, our Stock screen machine sorts
through a list of 6000 plus US listed stocks & ETFs uses our in-house
trading algorithm, which we've update/improve constantly based on market
condition, to identify the ideal stocks & ETFs that are well position
for an explosive move. Out of the entire batch of 6000, only a couple
flawlessly pass are certified as the Daily Trading Ideas.
Specific Guidelines:
The Stock screen machine doesn't merely identify these candidates for
explosive growth. Each Trading Idea includes specific trading guidelines
calibrated from their technical readout. These included:
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User Guideline:
This is the user guide for Daily Trading Ideas
Generated by Stock screen machine:
This is a post in progress and we
plan to update/improve it constantly over time to serve prospective and
new subscribers.
Daily Trading Ideas Terms Explanation:
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Ticker:
the stock symbol.
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Date:
setup date.
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Price:
Closing price.
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Volume:
average daily trading volume is the last 30-day.
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Trend:
each stock is rated base on our in-house algorithm and proprietary trend
indicator - say if the stock is in an up-trend, it's listed in the
"Bullish" category. And if the stock is in a down-trend, it's listed in
the "Bearish" category. If there is no trend, then it's in the "Range
Bounce" category. Trade in the direction of the trend. That’s said, if
the trend is “Bearish”, trade on the short side. If the trend is
“Bullish”, trade on the buy side. If the trend is “Range Bounce”, it’s
best to buy when it's oversold and sell when it's overbought or simply
stay on the sideline.
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Cycle:
a proprietary momentum indicator. Range from "Overbought" to
"Oversold".
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Signal:
latest short-term trading signal, which we've determined using our
in-house algorithm and proprietary trend indicator. “Buy” = it's a good
time to initiate a short-term long position or add on to the existing
long position, “Sell” = it's a good time to initiate a short-term
short-sell position or add on to the existing short position, “-” = no
new signal.
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Trigger:
entry Above (long) / Below (short). This is the price level above which
you should set your buy limit order or below which you should place your
sell (short) limit order. We usually put our stop limit order one to
five cents beyond the entry level. You should also read the “Dealing
with Gap Openings” section on the “Trading/Investing
Guideline - Trigger” for other thoughts on entry.
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Target:
if the trade is long this is the upside target. If the trade is short,
this is the downside target. When the stock had achieved its first
target, a portion (usually about 75%) is recommended for sale - profit
taking in other words. The stop-loss point will also raise on regularly
basis as the stock shows strength against the overall market.
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Stop:
capital preservation is the first step towards prolonged profitability.
An exit strategy (or stop-loss point) is assigned to each and every
trade to reduce risk and hence preserve capital.
Sample Screenshot:
Here’s a sample screenshot of a portion of the Stock screen machine. Let’s walk through each
of the columns to figure out all this information:
Table 1.1 – Daily
Trading Ideas - Sample Buy list.
Example:
Netflix Inc (NFLX)
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Ticker:
NLFX is the ticker symbol of Netflix Inc.
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Date:
the setup is March 27, 2009.
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Price:
NFLX's closed @ $39.68 on March 27, 2009.
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Volume:
the 30-day average trading volume is 2,098,103.
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Trend:
bullish. So we should trade on the buy side.
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Cycle:
neutral.
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Signal:
Buy.
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Trigger:
entry Above $41.24.
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Target:
take profits around $45.48.
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Stop:
cut lost if there is a close below $39.34.

Chart 1.1 – Netflix Inc @
March 27, 2009.
After an explosive rally, NFLX
pullback to key support level, which we've determined using our
proprietary trend indicator, that should trigger strong bounce.
The overall pattern supports higher prices and continuation of the
uptrend that began last December.

Chart 1.2 – Netflix Inc @
March 30, 2009.
As anticipated, the buy setup
triggered the next day as NFLX moved above $41.24. Note: the stock
jumped more than +6% for the day.

Chart 1.3 – Netflix Inc @
March 31, 2009.
It did not stop there, the stock
matching higher the day after that, up more than 2%. Note: NFLX
traded as high as $43.97 and it is entering the profit taking zone.
So traders should be taking profit right now.
As you can see, the setup here is so
simple but the result is very impressive, NFLX had gained nearly +10% in
just 2 days right after profiled in our Daily Trading Ideas - Buy list.
Anyway, we hope this short
introduction is useful. We plan to update and improve this post over
time.
Thanks and good trading! |