How do I find useful indicators to help me on my way to learning how to scan for eligible stocks for swing trading or for options trading.
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I am still getting up to speed on options, and have not taken the dive yet. Currently I am totally out of the market. I did have some safe stocks and ETF's recommended to me from a friend who was a stock broker before he retired. But currently I am look into how to get back into the market and have been looking at Trader Travis who seems to have a conservative strategy to earn money slowly and with minimal risk.Did you check this page? https://usethinkscript.com/p/best-long-term-indicators-for-thinkorswim/
Personally, for swing trading, I use the BTD indicator.
How often are you trading? What's your average holding time?
https://usethinkscript.com/threads/basics-for-developing-a-good-strategy.8058/I am still getting up to speed on options, and have not taken the dive yet. Currently I am totally out of the market. I did have some safe stocks and ETF's recommended to me from a friend who was a stock broker before he retired. But currently I am look into how to get back into the market and have been looking at Trader Travis who seems to have a conservative strategy to earn money slowly and with minimal risk.
I just purchased the 9 dollar a month so I am not eligible for the VIP indicators.
I guess I am looking to find an indicator that can scan for stocks that are trending up or down, and an indicator for entry and exit points.
I guess I am very cautious about entering as I am retired and will be using my retirement funds.
And am still educating myself as to how to get going.
Thanks for your response.
As VIP, you can start w/ narrowing down your potential list to the choicest stocks:Looking for a scan with high win ratio for swing/position trading...any ideas?
@MerryDay thank you so much for the details. I believe i have the 3 time period chart setup.
Looking for some help with stock scanner, which can help me pick right candidates for Swing trading.
Any scanner suggestion?
The climate has changed from a strong bullish market with robust momentum and economic conditions. |
to |
A neutral climate, with equal potential for upward or downward movement. |
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