Free stock market tips for best stock screeners
How to use them in stock market strategies
Stock screeners are important tools for a technical trader. There are some screeners available on the Internet like Yahoo stock screener, but I prefer to use my own stock market screener list to find the best stock chart for my trading. Most of these stock screening procedures are used in
Amibroker
technical analysis software, which I use for my personal trading. But as you can see, they can be easily modified to any other screening tool.My best stock screeners are based on simple rules formulated on a technical analysis. You can use also parameters of fundamental analysis for parameters of your stock screeners. But also in such case it is good to combine them with parameters based on technical analysis of stock charts. Stock screener ideas described here can be used for scanning every stock market. You can use in on US stock markets or on
International stock markets.
Free stock market tips for stock screening
I have written different strategies and ideas for stock selection process and ideas in several articles that are listed below:
What analysis of stock market is better for screeners parameters
Stock screener ideas are typically based on two sets of parameters. Fundamentals and technicals.I am not big fan of huge fundamental screening but I think that it is good to have global macro economic overview about actual situation in global economy. It helps you to concentrate to best trading ideas in specific sector or region. Such fundamental research can produce additional screening rules for your stock screening software. I personally read several
best stock trading sites
that produce reliable information for my needs. It can tell you that it is good to look for technology stocks these days. Or to prefer US stock markets instead of European stock market. It could also tell you when to prefer growths stocks and when to prefer some
best dividend stocks.
I do not like fundamental research of individual stocks but I like to have such Global macro overview. So I write notes about
Global macro ideas
for my personal needs. Technical screening is then used to specify more concrete results of such wide selection defined by fundamental research. Are you looking for up-trending stocks to long trade ? Or is current
stock market situation
better for short sell trades ? Then we have to find down-trending stocks.
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