When I look at the markets for trade ideas I try to look with a fresh, objective mind. I try my best to tune out any bias from the trading which occurred that day or the last week, month etc. My number one objective is simply to identify what look like low-risk trades. I don t look for longs and I don t look for shorts, I look for opportunities. This method of identifying trade opportunities has surprised me more often than not because I often find ideas that are against the small biases my brain will not let me get rid of are the best ones. Meaning, I may have bearish leanings on the market but I then find three great looking longs and then the next day the market goes up! It happens the other way too, I may be leaning long but the stocks are telling me there is weakness, as I only find good looking short candidates. There is nothing wrong with having automated scans to assist you in finding trade setups, but as we know, ONLY PRICE PAYS and our job is to listen as objectively as poss
http://alphatrends.net/archives/2015/08/25/stock-trading-ideas-for-82615/
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