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Strategies & Market Trends : Trading For A Living

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To: David R. Parker who wrote (381)6/9/1998 2:26:00 PM
From: Ken Adams  Read Replies (1) of 1729
 
David...

Agree this isn't the board to discuss individual stocks, and that wasn't my intent. I understand you're focused on taking a point or two in a quick trade. That isn't far from what I am doing. With the lower priced stocks I concentrate on ($10 -$25, give or take), using a percentage profit target is realistic.

I was more interested in your selection criteria, or methodology. I've recently been testing some thoughts with OmniTrader. OT scans my universe of stocks and presents me with candidates which I then look much closer at with more conventional TA and in a different charting program.

What do you use to narrow down your focus? Again, if you don't mind discussing this. I think that is more appropriate for the intent of this board, don't you?

Sounds like you're doing quite well and I say "Good for you!"

Ken
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