Friends keep asking about setting parameters for Scanners.
For me the 2 most important settings.
1) % Daily Price increase.
2) % Daily Volume increase.
Then check News, Float, Fundamentals and Charts.
What do you guys suggest?
Conversation
Do you set yourself a min/max vol or % of float before considering a trade?
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I try to stay open minded. But you do want to find big moves before they happen. So you want to scan for stocks that haven't made big moves yet.
Less risk more upside.
These days float is less important.
Is there any one particular thing that catches your eye with a stock’s behaviour that anticipates a big move?