Hello everyone! I've been working on this trading strategy for quite a while and reached the point where I don't know what to look for. For a long time I've been observing stocks which make some specific moves and noticed some common patterns among them. Also some of them are slightly correlated with news, but I haven't found strong correlations of any kind for the most of them. My thought is that there has to be a catalyst of some kind which triggers such moves. Parameters of those stocks are too similar to be a coincidence. Below are the results from a prebuilt scanner which I usually run 15 minutes before the market is closed and after that. These are the results of 5 days of scanning. As you can see the tickers are marked by different colours. I need to get rid of the red ones somehow. However it's not an issue if some of the other "colours" will be missed after the application of new filters. The main goal is to find any difference in data as for the date of scanning. It is possible to make it profitable if will be achived 40-50% winrate. All these stocks have pretty bad financial situation or no real value at all and some of them are completely bullshit. If you have any ideas on how to do that or in case you have a complete or partial solution I'll be happy to share with you all I have related to this and to work together if you'd like to. I appreciate any help or advice on this issue. Even if you can put away a teeny tiny part of unnecessary stocks, please hit me up. Also, if you have some similar results in your scanners on same dates, please write me of you don't mind to share it and compare our filters. If you have ideas on how to pick the green ones out of the whole mass without adding any other filters quickly, please let me know as well. P.S. Any kind of reasoned criticism are welcome. If you want more data to look, write to me, will send on private message.
Not going to touch an xls file from a first time poster. Uploading an png image would be better. Anyway WTF are you bothering with ...... "All these stocks have pretty bad financial situation or no real value at all and some of them are completely bullshit." Strong stocks get stronger, weak POS stocks the opposite. So do the opposite scan.
No one dares to click that xls file. there might be a poisonous virus in there. ' ....All these stocks have pretty bad financial situation or no real value at all and some of them are completely bullshit....' You are using reasoning / logic to trade. Traders don't bother about good/bad financial reports, valuable or non-valuable stocks, BS or no BS things Just focus on the charts. And don't focus on reports written by professional writers.
"Fortune favors the brave" -- it's a simple xls file without any malware. The file has 5 sheets with a date and list of symbols in different colors. He wants to know how to screen out the red ones.
I am not focusing on reports written by professional writers. I was analyzing their financial data, everything what each company have (EPS,EBIT,EARNINGS,Float,Splits etc) I am trying to look at every corner possible, check their FTD lists, look at how many shares was shorted, when, when exactly big short possitions was closed, any kind of possible info. Traders are bother about good/bad financial reports/results and thats why some stocks have much more value than others.
Guess they never heard of umm Google. When I have an Excel question that is my go to (filter by color) - well and for anything else. Certainly not here. As for "Fortune favors ..." in this case I'll stick with reward versus risk.