(2019-03-23, 06:00 PM)davep Wrote: Platform or method to screen nyse stocks for  companies that are less than 10 yes old,thank you

(2013-04-07, 01:13 PM)isatrader Wrote:

(2013-04-07, 09:06 AM)Sapphire Wrote: Is there a software where one can automatically pull picks based on a predefined range. I see a lot of sites  where you can do this on specific crossover events. Is that possible with the Weinstein method?

There isn't any software capable of identifying the Stages accurately as it requires a number of discretionary elements, as you will find as you learn more about identifying the Stages. You can however, set up scans in various software programs to filter out a lot of the stocks that aren't suitable and then manually look though the remaining stocks to pick out the candidates that are making the right moves.

I like to use point and figure double top and double bottom breakouts on Stockcharts.com scanner, as this gives all of the breakouts and breakdowns each day, and then I scan through for anything suitable. Another site, Chartmill.com, has it's own method of defining ranges, which can also be used effectively, as you can look for stocks close to the top or bottom of their ranges using their scanner and then manually search the scan results for the Weinstein method candidates.

Another simple, but easy to find option is 52 week highs and lows. Barchart.com has these and you can again scan through these manually to find the best picks.

Because identifying the Stages can't be automated, that's one of the reasons for this site, as through collaboration of the members, I hope in time that we can highlight the majority of the Weinstein method candidates ahead of time in the Trader and Investor method watchlist threads.

(2019-04-06, 04:20 PM)daddybyday Wrote: How much do you compromise on the signals?

I've been looking at tons of charts, and I've found quite a few that show a breakouts where the everything looks good, but the volume is not at the 2x level, or the relative strength is climbing but not above the zero line.  Looking back at these charts, I see similar "imperfect" breakouts that lead to huge stage 2 moves.  Do you tend to hold out for the "perfect" breakout, or do you tend to compromise a bit?  If you do compromise, which of the criteria are more solid, and on which do you hold back a bit (i.e., will you allow volume to slip a bit, but hold inviolately to the relative strength requirement).

(2019-04-06, 04:20 PM)daddybyday Wrote: The second question has to do with stops, and trader versus investor stop strategy.  In looking at charts, I generally will pull back to a 5-year chart.  Say I have a stock that has a pretty choppy history, with really nice, strong stage 2 moves, but then dropping just as sharply, and giving back about half of the move before crossing the MA.  With a position with that sort of history, do you ever say, "although I'm primarily an investor, on this positions I'm going to use a trader strategy with a trend line, to lock in the most gains based on a history of more (for lack of a better word) violent moves?"  Or do you decide at a macro level that you are only going with setups appropriate for either trading or investing, and leave the others behind.

(2019-04-06, 04:20 PM)daddybyday Wrote: OK, one more NOOBISH question.  As one who is just beginning to look at the charts on a weekly basis, I'm finding lots of charts that have broken out in the last 1-2 months.  How far into a move will you generally buy (say that the move back to the MA has already happened).  Do you tend to say, "Missed opportunity, I'll jump on the next one" or are you more likely to say, "Better late than never, this one seems to be moving will, I'm on it!"

(2019-04-07, 05:52 AM)daddybyday Wrote: Can I ask one more NOOBISH question.  What do y'all to to keep track of your trading history, and success/challenges.  Do you just use a Spreadsheet, or one of the trading diary packages (there are a few that I've found in doing a search).  I'm just thinking of getting that set up.