I had a friend ask me a question today, that I am sure has a good general answer but I did not know the answer. Maybe a few on this list we have an idea.
My friend wants to swing trade some stocks. Time frame of maybe 3 days to 3 weeks. Depending on the charts and what is happening.
But, with thousands of stocks, he wants a small list of say 10 to 30 stocks that on average generally have been good stocks to swing trade.
He wants a list of good moving swing trading stocks and only follow and trade that list. Stocks that over time have shown to work good with this type of trading.
I know he uses charts and technicals for his trading signals, but not sure exactly what he willl be using.
I guess the main things he is trying to do is:
Not have to scan all stocks for setups,
When he gets a signal to trade, he will be hopefully trading in a stock that in the past has shown to be a good swing trading stock.
He will have only one list of stocks to study.
Anyone have any ideas or a list of stocks like this?
One other thing. They would have to be optionable, because he wants to trade options.
Thanks,
