CharlieSheen99 wrote: ↑Wed Mar 13, 2024 11:22 amOne question here, Arbusers;
There are thousands of stocks.
How do you do to select them?
Because we are all thinking about doing, TA, Elliot Waves, and read the fundamentals correctly, but, you need to spend hours making this job, and you cannot analyze all the stocks, so at first you need to aim the shot.
I mean..., to say something, just 1 out of 100 will have a big movement upwards. (i don't know..., just speculating).
So, the question here is; how do you do to find the correct stock, without investing tons of work finding it.
Why did you decide to analyze Solana, Pfizer, Shell, instead of others?
Because here, you don't have an alert service telling you where do you have to look.
I hope that there should be some indicators, easy to look, that tell you: "man, here there are some weird things", before to dive in the pool.
Thank you.
What a question!
I m spending thousands of hours per year in front of a PC annualising manually stocks. I have a set of technical criteria, as we speak these are currently 8, and I am testing every stock with these criteria. Twice per year I scan all SP500 stocks manually and a very big number of Greek and European stocks. I am losing at least 10 days for this analysis. Out of all stocks I m left with some 100 who are satisfying my criteria, or, they are very close to satisfy them. When I have adequate confluence, I buy the stock. When any of these 100 stocks is getting away from my criteria, I delete it from the list. As you understand there is no easy way. I spent tons of work.
Also, I am blessed to physically meet some brilliant people. When brilliant minds come together, they use to keep contact and share opinions when they seek for their own confluence. I physically met 100s of our members, some of which are very knowledgeable in various sectors. Some of our members are very wealthy, and I mean very wealthy. There is a reason why they are wealthy. In general, when I see a superior quality in someone, I keep contact with him/her.
It would be a great idea to build a software that would scan all stocks according to my criteria and flash automatically the name of the stocks. I am not able to share my criteria with anyone, and therefore no developer will ever build that software for me. This knowledge will always stay in my head and will not be shared with others.
Out of all the garbage that you see on line, (remember the Veles buys?) there are 5-6 people who I have respect for and I always hear their opinion. I take their opinion into account in my decision making process. In addition, I now have the experience to understand who the cheerleaders are, and I also use them in my decision making process as anti-indexes.
Look. I think you made a question some days ago and then you deleted it. I didn't have the time to answer it last week, so let me answer now. I do not have the mood and it is not according to my lifestyle in order to start a fund or manage other people's money. This will request a lot of time from me, that I currently don't have.
