Trade Ideas : Stock Scanner/Watchlist

I have a new (affiliate) link for a 7 day free trial to Trade-Ideas.Be sure to sign up by way of the link.For the readers who have never seen or heard of Trade-Ideas let me explain. Trade-Ideas offers a stock scanner that sifts the entire market for opportunities throughout the trading day,in real time.There are two versions available for the scanner,either through a browser window that continuously refreshes or via Trade-Ideas Pro which is a downloadable version. I personally prefer the downloadable version because of the ease of use,extra screen space,and the price remains the same, unlike many other vendor upgrades.There is also a sharing function in the Pro version that is very cool if your involved in swapping scans with other traders.

To find stocks to trade in real time throughout the day,you can either use the preset scans,and still make any changes that apply to your own trading criteria, or you can make your own scan definations choosing from the scans they have available,and change a variety of criteria,ie: Min/Max Volume,Min/Max Price,Min/Max Gap Up/Gap Down etc...

One of my scans for shorts on the NYSE.
You can go to the link and choose configure in the menu to view all the different settings.This scan is set for minimal criteria, and I have also added a list of the NYSE Pilot stocks(shortable on downticks).You probably won't be able to see the list,but if you need it go here.

I started with the free trial,and got hooked immediately.I am still in the process of playing around with the settings,but for the price it has been totally worth it,and it's payed for itself 10 times over.I will try and write about some of the settings in a later post. Do keep in mind that no scanner will make you money unless you still apply your own rules of trading.It simply offers a greater chance of opportunity so the trader can focus on the task at hand.

I originally found this scanner through TraderMike,he had been using the sample scan through his daily Watchlist section.He is offering a two week free trial, so if your interested by all means hop over there and give yourself an extra week of tweaking the scanner.If you've already decided sign up here and get started.