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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?


To: dealmakr who wrote (5440)3/26/1998 8:22:00 AM
From: TATRADER  Respond to of 7396
 
Dave, when you pick your initial stocks to short, what criteria do you use? I would like to build another short data base out of IBD, but am questioning what initial criteria to use in selection...Do I go for the C relative strength ones, or D? I cannot handle high rollers like BFIT, since I am not on my computer all day to watch, should the stock start a downward slide....Plus, I am a trend player, I have to see a confirmed trend before I play long or short, and that means an ascending ADX...Regards, Mark

P.S. A part-time trader is up against great adversity in trying to win one of those contests..To win you need to make split second decisions and be on your monitor all hours of the trading day...