Finding the right stocks - futures io
futures io futures trading



Finding the right stocks


Discussion in Stocks and ETFs

Updated
      Top Posters
    1. looks_one sterling729 with 2 posts (0 thanks)
    2. looks_two deaddog with 2 posts (0 thanks)
    3. looks_3 Quick Summary with 1 posts (0 thanks)
    4. looks_4 sophielily730 with 1 posts (0 thanks)
    1. trending_up 567 views
    2. thumb_up 0 thanks given
    3. group 3 followers
    1. forum 4 posts
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Finding the right stocks

(login for full post details)
  #1 (permalink)
Canada
 
Experience: Intermediate
Platform: Metatrader, ToS
Trading: Forex, equities, ETFs
 
Posts: 16 since Oct 2014
Thanks: 0 given, 4 received

After studying fundamentals (i.e. Fresh news) and only using it for a brief time to be in the right stocks to go short or long, I'm very convinced it's VERY important. Just wondering, does anyone else do this? Almost every successful prop equity trader I've talked to preps at least 1-2 hours before the opening bell. I've asked something similar, but it seems everyone is so focused on technicals.

To me, without an underlying story, the big boys (banks, hedge funds, mutual funds, etc.), won't come in have have the Real order flow coming in so that you can catch a relatively big move.

Started this thread Reply With Quote

Can you help answer these questions
from other members on futures io?
Which kind of Blockvolume is visible? - order processing
Emini and Emicro Index
Can the Magnet Tool Affect Chart Orders In Overcharts Ha …
Platforms and Indicators
Cannot Execute Automated Strategy
EasyLanguage Programming
Work with historical tcks data on MUltichart NET PowerLa …
MultiCharts
NT8 indicator to simulate a Funding Evaluation where to …
NinjaTrader
 
 
(login for full post details)
  #3 (permalink)
Market Wizard
Prince George BC Canada
 
Experience: Advanced
Platform: IBs TWS
Broker: IB
Trading: Stocks
 
deaddog's Avatar
 
Posts: 852 since May 2013
Thanks: 131 given, 2,313 received



sterling729 View Post
After studying fundamentals (i.e. Fresh news) and only using it for a brief time to be in the right stocks to go short or long, I'm very convinced it's VERY important. Just wondering, does anyone else do this? Almost every successful prop equity trader I've talked to preps at least 1-2 hours before the opening bell. I've asked something similar, but it seems everyone is so focused on technicals.

To me, without an underlying story, the big boys (banks, hedge funds, mutual funds, etc.), won't come in have have the Real order flow coming in so that you can catch a relatively big move.

Take a look at what Tyler Bullhorn of Stockscores has to say:

https://www.stockscores.com/stockscores-analysis?subpage=viewnewsletter&id=23065


Quoting 
Understanding Information
In theory, information should make the stock market's world go round. Information about companies and their ability to make money in the future is what should determine share price. As the market learns of new information, price is adjusted up and down to reflect the value of that information.

This implies that investors should focus their analysis on information so they can predict where share prices should go in the future.

While this makes good sense, I have found it to be extremely rare that investors who use information are able to consistently beat the stock market. With smaller retail investors (you and I) in particular, the use of information for making investing decisions is more destructive than it is beneficial. Here are ten reasons why:


"The days when I keep my gratitude higher than my expectations, I have really good days" RW Hubbard
Reply With Quote
 
(login for full post details)
  #4 (permalink)
Canada
 
Experience: Intermediate
Platform: Metatrader, ToS
Trading: Forex, equities, ETFs
 
Posts: 16 since Oct 2014
Thanks: 0 given, 4 received


deaddog View Post
Take a look at what Tyler Bullhorn of Stockscores has to say:

https://www.stockscores.com/stockscores-analysis?subpage=viewnewsletter&id=23065

Cheers for the article. Though I do understand the premise of it, I think it's beneficial if you consider fundamentals as only part of the picture. I.e. Fresh news can create a technical setup where big buyers can come in. Although it may seem that the fundamentals are already priced into the stock, fresh news can create a disagreement between traders where the risk reward setup can be very good.

I've spoken to people who work or have worked in some major hedge funds. In terms of analysis (fundamentals and technicals), 99% of their work is mostly what we do. They may look in more detail, have more experience in putting the pieces of the puzzle together, and have other experienced analysts to discuss it with. Contrary to what many under-performing retail trader thinks, no, they do not have a crystal ball in which they generate billions of dollars a year.

Started this thread Reply With Quote
 
(login for full post details)
  #5 (permalink)
Market Wizard
Prince George BC Canada
 
Experience: Advanced
Platform: IBs TWS
Broker: IB
Trading: Stocks
 
deaddog's Avatar
 
Posts: 852 since May 2013
Thanks: 131 given, 2,313 received


sterling729 View Post
I.e. Fresh news can create a technical setup where big buyers can come in. Although it may seem that the fundamentals are already priced into the stock, fresh news can create a disagreement between traders where the risk reward setup can be very good.

The technical set up is created by the price action. You don't need know why, you only need to be able to react to what the price action is telling you.

Risk reward has nothing to do with the news. It has to do with how traders perceive the news will affect the stock price.

"The days when I keep my gratitude higher than my expectations, I have really good days" RW Hubbard
Reply With Quote


futures io Trading Community Traders Hideout Stocks and ETFs > Finding the right stocks


Last Updated on November 10, 2014


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
 

Battlestations! Show us your trading desk - $1,500 in prizes!

March
 

Importance of Finding Your Own Way w/Adam Grimes

Elite only
 

Journal Challenge w/Jigsaw

April
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts