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Strategies & Market Trends : Ted Warren's Investolator -- Ignore unavailable to you. Want to Upgrade?

To: KTSinvest who wrote (1468)	2/24/2024 9:08:58 PM
From: WEagle	Read Replies (1) \| Respond to of 1795

Welcome to the forum, KTSinvest. My experience with stock trading using the TW methods is very similiar to yours. I started using the method back in about 2004 or 2005 and while I had some success, I got a new job and I really got busy. I didn't pay much attention to the stocks I still had. Then about 2020 I got interested again. I had a lot of success in 2020 to 2022. Since then my win rate has slowed down but I am not working at it as much. I have gotten interested in learning some market timing methods from Don Wolanchuk who may be the greatest market timer ever. Don is in his mid-80s and his health is not good so I want to learn all I can from him while he is with us. I really think that my future trading will be a combination of TW stock picks and technical analysis for improved timing. As for your questions, Investorlator2000 and I perform screenings of stocks using one of the free screening tools that are available on the web. We generally look at only American and Canadian stock and there are several types of listing that show up in these screening that we ignore such as funds as Ted mention, but there are more. The main thing we get out of the screenings is to find the stocks in a particular price range. That has mostly led us to look at what most traders call penny stocks, that is, in the 0 to $5 range but mostly $1 to $5 dollars. Then we tediously look at the chart of each stock, pick out the ones that seem to fit a Ted pattern and put them into a list which we will got through again and again to pick out our favorites. We will sometimes consider some fundamentals but the primary concern is the chart pattern. Then we watch them to see if they recently had breakout as Ted described or we keep watching on at least a weekly basis for the breakout. I2000 and I have shared our first and second round screening with each other and we discuss the patterns on this forum. Look back at the precious posting here and especially in the 2021 - 2022 time period. I'll leave it at that for now. Our choice of that 0 to $5 dollar range is that there are a lot of Ted type stock down in that bottom range since Ted was looking for stocks that have really found there true bottom. Of course, there are a lot of stock down there that just need to be avoided as well. Looking for a breakout helps to eliminate some of the duds. Concerning AI screening, I have not used any AI tool. I have not been aware that there are any that can screen based on Ted type chart patterns and until there is such, I will continue to screen the same way we have been doing it. WEagle

To: KTSinvest who wrote (1468)	2/26/2024 6:22:58 PM
From: investolator2000	Read Replies (1) \| Respond to of 1795

Welcome to the group KTSinvest. You will find a lot of information from WEagle, and a wee bit from me, about stocks that we post here for comments from others. What I might see in a chart, someone else may notice something else. We all learn from one another. I had to smile when I read this, as that is what I did when I lived in a small farming community in western Oklahoma. "He tracked commodities (beef, pork, corn, wheat, soybeans - items that were grown locally) all on big charts he had on the walls of his office (graph paper, pens, and a ruler......)" I do not remember if it was 1986 or 87, when wheat had a major spike. I went across the street and told my neighbor if he was holding wheat to take to the marker, to do so right away. The next day he told me he did and that it was at the high for the day before it began to decline, which continued for the rest of the year. I do not trade in commodities, but I do still follow what they are doing to get an idea how our economy is really doing. Good to have you with us. I2000