9/27/2010

How Dan Zanger Finds his buy ideas

From his recent inteview in TradersWorld

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This is extremely easy to setup in Telechart.

Dan Zanger Dollar Scan
(C - C1) >= 1
Add Liquidity Condition to eliminate low liquidity stocks.
MINV3.1 >= 1000
You can make this setup work in exactly same manner like in Top 25 breakouts method. Just sort the list by momentum rank pcf and look for stock making 1 dollar move after 5 to 20 days sideways moves.
Basically a breakout swing trading setup.

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