Hi Eric,
2009 is not looking a good trading year for me, I am struggling. I usually run a custom made scan one night earlier to find out the best candidates for short and long for the next day and trade those ones, but it's giving me dismal results. Basically my scan looks at the volume, close, open high, and low prices for the last three days, to single out the best short and long candidates for the next day. If the trend continues the next day I trade them, but lately it's not working, in fact if I do the opposite of what it tells me works better.
My question is what is a good way in this market to find out the best trading opportunities for the next day, does anybody use a scanner for this purpose, and if so what indicators they look into?
Any information is appreciated.
Thanks,
Greg |
