How I Pick Stocks
For those of you who are just reading this blog for the first time, Here’s What You’ve Missed.
For starters, I am a discretionary trader. But this is not to say that I don’t think you can make money with a well defined and tested mechanical system. It is just that in creating my trading plan, I identified one of my largest strengths as my intuition and ability to pull bits of information from different sources to arrive at a logical conclusion. Were I solely to trade mechanically, I feel as if this strength would be wasted.
I currently trade 3 different timeframes, Swing (hours/days/weeks); Daytrade (minutes/hours); Scalping (Ticks/Minutes).
As building this page will be an ongoing project (for I have much to cover), I will start with my Scalping Technique for it is something that traders of all levels and capital-limits can do successfully. Plus, it will provide the structure from which a better understanding of my day & swing trading techniques can take root.
But before I begin, it is necessary to go over the trade setup and indicators I use and how I use them.
It will likely take me many days to get through this part alone, but it is crucial for understanding my methodology. So first, I will list all the tools that I use and in subsequent posts I will further eloborate on how I use each one.
I use TradeStation for my charts and have all of this set up on 3 monitors
Here is a Screenshot of each of my monitors:

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I’ll start the process of going over how I use all of these indictors in my next post so stay tuned….
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