InvestorsHub Logo
icon url

cintrix

08/09/13 3:33 PM

#3159 RE: FollowNoOne #3158

You need to use Strategy Scanner. It is located in Etrade Pro. Open up Pro and under Tools chose Strat Scanner. Once you open it you will see predefined tools such as: 52 Week Highs on Relative Vol, 52 Week Lows, Bearish Trades, Stocks on the Move, etc to name a very few. Or you can define your own criteria (this is what I do). Go to the Strategy pull down menu and choice Create New Strategy - all you have to do is name it and pick whatever criteria you want - you can make it very simple or very intense. Once you save it, that scanner will be there for you to use everyday.

Choosing which criteria depends solely on what type of trades you do. My criteria is based on stocks that are down a certain percentage. Another person would never do that and would only buy stocks in an uptrend. Every trader has their own system. You need to find what you like and what works for you.