Several ways how to find best stock picks
Every trader wants to find best stock picks for trading. There are several ways how to find your preferred stock pick. It is looking like very hard job to find good stock picks in several thousands of all available stocks in US markets. But solution is very simple. Just use one of method described below. I personally use them for my trading and result of my personal stock picking I also publish in my
free newsletter
and
blog
.
Use your predefined stock list
You can trade only specific stocks . You can have list of all Nasdaq-100 stocks (100 possible stock trading picks) and trade only them. Or trade only Biotechnlogy stocks. You should have rules for your research and for selecting of your best trading candidates. It could be based on
relative strength
or
breakout and pullback
type of strategy. Note: If you are day trader and looking for good day trading stock pick tip, check this day trading
service newsletter
. Very good source of day trading stock picks for your watch list
Use stock screener to find technical stock pick
You can use stock screener for selecting your stock . Such
screener
can be used for scanning though whole US Stock market to find possible candidates. You can use stock screener available on Web or some
stock analysis software
.
Use relative strength of sectors
This type looks for great stocks in strong sectors or weak stocks in weak sectors to find good stock picks. Each sector is represented by list of stocks. You can prepare in your stock analysis software several watch lists, for each sector one. And select 10-15 stocks for each sector. To compare
relative strength
you can use stock sector indexes or stock
sector ETFs
.
Return from best stock picks back to stock screeners

|