How to Use Stock Scans
- What a Stock Scan is and how to use it.
- How to create your own custom scans.
- Which Personal Criteria to use in your scans.
- How to use Sorts and other screening tools to improve your scan.
- How scans make finding Stock Picks fast and easy.
- When to use scans versus watchlists.
Scans are called different things by various charting software. Explorers, Screeners, Filters and Searches are just a few of the terms used by charting companies, but all are scans. A scan is a set of criteria or parameters that screens down the thousands of stocks available to trade to a much smaller, more manageable list. Criteria for a scan are determined by what the scan is expected to bring up for you to trade.
Scans are an excellent way to simplify and focus your everyday workload for trading.
- Streamline Finding Stocks to trade for day trading, swing trading, or position trading.
- Sort and Scan after the market closes for the day. This allows you time to analyze potential stocks.
- Learn to incorporate the best criteria but also how may criteria are ideal for a scan.
- Discover how to set parameters that will screen down stocks to a list that is manageable.
- Use scans for building watchlists for future entries.
- Find stocks for options trading.
- Set candlestick criteria for better entries and exits.
- Customize scans for your trading parameters.