How to Find Killer Setups With One Stock Scanner

🔴 Want to learn more from Tim Bohen, check out StocksToTrade Pro: https://bit.ly/2PA5Ucl 🔴 Try StocksToTrade for $7: https://bit.ly/2rWu0Vx There are thousands and thousands of stocks to trade ... So how do you find those really awesome setups? If you don’t use a stock screener, it’s time to start. Need a little coaching? You’re in the right place! Today Tim Bohen shows you how to screen for setups that work for you. 🔴 Subscribe for more free Stock Trading tips: YouTube.com/StocksToTrade Share this video with a fellow Trader: /watch/MFK3cw0fc63f3 ✅ Links we mention and recommend: Try StocksToTrade for $7: https://stockstotrade.com/14daytrial/ Get our FREE weekly watchlist here: https://stockstotrade.com/watchlist Check out the SteadyTrade podcast: https://steadytrade.com ✅ Recommended video: /watch/simm2W3Jpp6Jm ✅ Recommended playlists: Stock Trading 101: A Day Trader's Guide: /watch/ievwWCLjTVnnC-Jfho46Gb3mbaSB2zWWLP=tsil&kjCKkMG3v_G3w Advanced Stock Trading Tips: /watch/bYUFXXVLaJGXBrco7kdZCY3mbaSB2zWWLP=tsil&kUMgP-_sLXOsF StocksToTrade Software Tips and Tricks: /watch/ag7Ib87Bin1_NJ9CQvl_ya3mbaSB2zWWLP=tsil&oyNHhc-iTijiI Weekly Trading Recap Videos: /watch/SE6qcKALPNzT89xEcD4-3b3mbaSB2zWWLP=tsil&YFX1tDaX0n_Xq ✅ Follow StocksToTrade on social media: Instagram: https://www.instagram.com/stockstotrade/ Facebook: https://www.facebook.com/StocksToTrade/ Twitter: https://twitter.com/StocksToTrade It doesn’t matter if you're a new, intermediate, or advanced trader — you can't watch or trade hundreds of stocks a day. You have to minimize. Let’s start with the most basic stock scan. Every day trading mentor, book, or YouTube video talks about the same indicators: price, volume, and percentage gains. These are the biggest things you want to look for. Let’s start with what we call a ‘basic gainers scan.’ You want to expand the price criteria and add a code block. Change the criteria on the stock to get all stocks greater than $1. That will return every stock that's higher than $1. Don’t run it yet — you’ll get way too many matches. Next, refine that criteria for stocks less than $10. This is classic penny stock land, so only stocks from $1 to $10. That's a solid price range to focus on if you trade with a small account. Next, add in your percentage change criteria. If you're a new trader, you should probably avoid stocks that aren’t up at least 10%. Maybe even go higher, like 20%. If you're under the pattern day trade rule (PDT), you've got three round trips a week and overnight trades. That’s it. Your options are limited. You've got a limited supply of trades, so focus on the biggest movers. Now, you wanna add liquidity. This will tell you that the stock is actually active on the day. If there's a $1 stock that's up 50%, don’t get excited just yet ... If it’s only trading a thousand shares a day, that stock’s not liquid enough to trade. You can't trade a stock that's up on a thousand shares a day. It's impossible. Even if you're trying to trade 10 shares of that stock, the slippage will eat you up because the stock is illiquid. So look for a stock that's trading one million shares a day or more. That’s your basic criteria. Set it up and run it. You can take a sea of information and narrow it down to a handful of matches of the most volatile stocks. That’s how you find biggest low-priced movers of the day. #StocksToTrade #StockScanner #BestSetups ---------------------------------------------------------------------------------------------------------------- *Tim Bohen teaches skills others have used to make money. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable. You can lose money trading stocks. Do not invest money you cannot afford to lose. You understand and agree you will consider the important risk factors in deciding to purchase any of our products or services.

Category