One of the skills I've been working on while at work (I can only do a few things when it is appropriate) is trying to find stocks that would be watch list worthy. After I select a few, I'll then resort to Profit.ly/twitter and read the blogs/watch lists posted by other traders to see if I'm choosing the right ones to follow. I'm struggling with this.
My question: What do you use when looking for these companies? I use Yahoo.Finance and OTC Markets. It might be that I'm using good ones, but it's my inexperience that's causing me to miss the ball. Any tips?
I have already watched quite a few videos by Tim, but I would appreciate any reminders so I can better solidify this skill.
Thanks everyone!
What i have of an idea is to watch what sector craze is going then see which pattern is coming up from those stocks in that sector. You almost just want to watch them as a garden by tending to the ones that are about to bloom. You know they are about to because of signals like price action, volume, level 2, and past performance. stocks that you pick are in the watchlist are there because you think they are the ones that will have a move due to those indicators. Not to mention any catalyst seen t
It looks like the rest of your post was cut off?
my finishing thought was that a catalyst on top of that would just move the odds even more in your favor depending on the reaction. But who know what it will do these are just to give a better idea of what it might do. If it does not go in your favor well any tim video ever says cut losses quickly.
Those are great points to remember. Still trying to wrap my head around level 2. Is OTC markets the best site to use for technical analysis?
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