Replies to post #21383 on lowtrade

[PlanTrader]

Thanks low, those are wise words. Yes, I meant any media outlet, not just the Fool or Alpha. I know some trading groups or clubs and/or media do feel pressure to identify trade opportunities... hence, they use catalysts, or create catalysts, or look TOO hard for catalysts which might not be valid or are only a matter of opinion. Therefore, sometimes using that approach is just talking oneself into a trade rather than ignoring the noise and just playing the chart.

[phrantic]

Speaking of Cramer harping on a stock, check out TSTY, he was covering that one today. Hope no one chased it with a gap like that.

[PlanTrader]

lowtrade, As a follow up to yesterday... when you're aiming to trade chart patterns and maybe using a pattern screener or even if you're screening yourself manually for patterns, do you most often just find a nice looking pattern and then make a trade plan & play the trade, or do you still always look into the company's financials (or other info) along with it to decide if you want to play the chart pattern? I guess I'm still not too clear on that, as far as what you prefer.

Or maybe I should say, how often do you play purely chart patterns w/out looking into other info? What other info do you look at quickly, most often, if you're aiming to play a chart pattern? % float short? % institution owned? earnings date? Maybe only those 3 pieces of info?