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Registered User
Joined: 3/1/2005
Posts: 7
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I've been searching, without success, the training videos and strategy videos for a personal criteria for selling short. Could you send me a criteria that would find stocks that are candidates for shorting?
Thank you,
Don Pittman
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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You will need to define for us what you consider a short candidate. What do you look for in a stock for you to consider shorting? Give us that and we can help.
- Craig
Here to Help!
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Registered User
Joined: 3/1/2005
Posts: 7
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Craig –
I would consider a stock with the following characteristics a candidate for selling short:
1. It needs to be liquid, i.e., (50 day MA >= 100000) or (V50 >= 100000)?
2. Stock EPS <= 0
3. Growth rate <= 0
4. Price > 5
5. Pays no dividends
6. Analysts rating = Sell
I’ve tried to create an EasyScan, but come up with zilich. Ditto on building a personalized formula, too.
Please help,
Don
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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We can do everything by #6
Create an EasyScan with the following conditions.
1) Volume 90-day
2) EPS Percent Change (you can use Latest Quarter or 1-Year, your choice)
3) Price Growth Rate (you can use any of them from 1-year to 5-year)
4) Price Per Share
5) Dividend Yield
Once you put each of these in your EasyScan, limit them as follows:
1) 1000 to MAX (volume is in hundreds in TeleChart)
2) MIN to 0
3) MIN to 0
4) 5 to MAX
5) MIN to 0
Here is a short video on making an EasyScan. Check it out before you make this one. It should make all of this very clear.
Using EasyScan to find stocks that meet your own criteria
- Craig
Here to Help!
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Registered User
Joined: 3/1/2005
Posts: 7
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Thank you,Craig.
Don
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
|
My pleasure!
- Craig
Here to Help!
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