There are various ways that you can find stocks to trade. The easiest and the most efficient way is of course to use a stock screener.
1. Stock Screener – You can use Dojispace’s technical analysis scanner to screen for stocks by patterns. There are various technical indicators that you can scan with it such as candlestick patterns, moving average, macd crossover, stochastic crossover and so on. You define it and get a list of stocks that match your screening criteria in less than a minute
2. Forums & Blogs – You can participate in a forum or blog to see what others are trading and get trading ideas for yourself. However, you shouldn’t trade blindly on the stocks that others have posted.
3. Financial News Site – You can visit financial news site such as cnbc, bloomberg and cnn to check out the headlines. You will get stock ideas from the journalist and wall street analysts. Again, you shouldn’t blindly buy any stock on the news without doing your own research or chart reading.
4. Wall Street Journal – You can get a lot of information and learn what’s going on the market reading Wall Street Journal. It is simply the best financial newspaper out there. Click here to visit Wall Street Journal for more information.
