How to improve your stock selection
If you want to make money trading stocks you must have clear understanding of nature of stock moves.
If you want to improve your stock selection you must study past winners to understand what makes them move big. If you understand the characteristics of big winners then you can scan for them and find them ahead of their big moves.
The Stockbee 50 is a list of 50 best performing stocks in the markets currently. These are the stocks that had best momentum in recent times.
Study them to understand when and how they started their move. How did the move progress. What kind of swing moves the stock made during its move. What kind of scans can find these kind of stocks at beginning of the move. What kind of scans can find them during their orderly pullbacks or consolidation. How can you trade them. Where will be logical stops on them.
This kind of weekly study will give you more insight in to nature of stock moves than any book on trading or blog. As you understand the moves better, you will become better at finding some of these moves.
If you want to make money trading stocks you must have clear understanding of nature of stock moves.
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