Charlie goes over How to Build the Best Stock Watchlists that automatically populate themselves throughout the trading session.
He discusses different ideas for how to set up watchlists, how to scan for stocks on thinkorswim, and how to find stocks to trade. This method can be used to set up scanners that search for Penny Stocks, Marijuana Stocks, Biotech Stocks, Pharmaceutical Stocks, or anything else that you would like to set as custom criteria for stock searching. These watchlists are super helpful in helping you figure out how to make money trading stocks.
❗Stock trading does not need to be the overly complicated mess that many people make it out to be. Ziptrader works to provide the most informative quick clips and videos about the trendiest stocks, how to trade the market, and most importantly how to make a consistent profit.
We teach how to trade stocks on Robinhood, ThinkorSwim, and various other platforms. We have specific videos catered towards how to trade stocks for beginners and how to find the best stocks to day trade.
📌Got a stock, trading strategy, or stock specific question that you want us to cover? Comment Below!
❗ZipTrader is completely free of charge. The first step to a trading adventure is always the hardest and ZipTrader will be with you every step of the journey. Feel free to message us with any questions using the link on our main channel page.
📌 We use TD Amertrade's ThinkorSwim stock trading platform for this video get it here ~https://www.tdameritrade.com/tools-an...
Trimmed Transcript:
Now I don’t have time to spend hours sifting through stocks or creating custom watch lists so I like to set up automatic lists where the platform does this for me in realtime.
And of course, we have a short sweet and simplified video on how you can set this up.
So we are using the ThinkorSwim platform but for those of you on a different platform a lot of these tips are still relevant with a few adjustments.
So to start, I have a daily gainers list set up over here on the left which automatically adds stocks that fit my criteria for intraday gainers. To do this you just have to drag over to the drop down menu and hit “create scan query”.
Once you’ve done this, a pop up comes out that allows you to set criteria for the watchlist. I recommend setting three criteria, the percentage change, volume, and last sale price. Now you can adjust this if you find that there are more important criteria that you are looking for but for me personally these are the three things I look for to get the ball rolling.
So for percentage change I like to set it to be is higher than 10% because if its less than that the price movement is less likely to be enough to trade off of and I don’t like scrapping for profits. For maximum I set some sort arbitrary number that allows me to see the biggest gainers.
Next, for volume I focus on hitting stocks that have at least 500k in volume because the lower the volume the harder it is to get out of a stock and the less reliable our strategies are. Ideally, the stock would have over a million in volume but 500k is lowest I’m willing to accept. For volume, same thing where I set an arbitrary number that doesn’t limit stocks with a maximum volume.
For last sales price, I like to trade stocks that are between 30 cents a share and all the way up to $30 share because I find that these have the most volatility and there is relatively low principal required to make a profit with these stocks.
Our Favorite Youtube Traders: Ricky Gutierrez, Timothy Sykes, Warrior Trading, and Patrick Wieland
Our Favorite Investment Channel: Jeremy's Financial Education
DISCLAIMER: All of ZipTrader, our trades, strategies, and news coverage are based on our opinions alone and are only for entertainment purposes. You should not take any of this information as guidance for buying or selling any type of investment or security. I am not a financial advisor and anything that I say on this YouTube channel should not be seen as financial advice. I am only sharing my biased opinion based off of speculation and personal experience. An individual trader's results may not be typical and may vary from person to person. It is important to keep in mind that there are risks associated with investing in the stock market and that one can lose all of their investment. Thus, trades should not be based on the opinions of others but by your own research and due diligence.
Extended Keywords: "ZipTrader" "Zip Trader" "How To Trade" "ZipTrade" "ZipTrading" "Who is ZipTrader" "Zip Trading" "Charlie Trading" "How To Start Trading" "November Stocks" "How to Set-Up Watchlist" "Penny Stocks" "How to find stocks" "How To Make A Stock Watchlist" "Finding Stocks To Daytrade" "day trading" "swing trading" "Charlie Plattus"
He discusses different ideas for how to set up watchlists, how to scan for stocks on thinkorswim, and how to find stocks to trade. This method can be used to set up scanners that search for Penny Stocks, Marijuana Stocks, Biotech Stocks, Pharmaceutical Stocks, or anything else that you would like to set as custom criteria for stock searching. These watchlists are super helpful in helping you figure out how to make money trading stocks.
❗Stock trading does not need to be the overly complicated mess that many people make it out to be. Ziptrader works to provide the most informative quick clips and videos about the trendiest stocks, how to trade the market, and most importantly how to make a consistent profit.
We teach how to trade stocks on Robinhood, ThinkorSwim, and various other platforms. We have specific videos catered towards how to trade stocks for beginners and how to find the best stocks to day trade.
📌Got a stock, trading strategy, or stock specific question that you want us to cover? Comment Below!
❗ZipTrader is completely free of charge. The first step to a trading adventure is always the hardest and ZipTrader will be with you every step of the journey. Feel free to message us with any questions using the link on our main channel page.
📌 We use TD Amertrade's ThinkorSwim stock trading platform for this video get it here ~https://www.tdameritrade.com/tools-an...
Trimmed Transcript:
Now I don’t have time to spend hours sifting through stocks or creating custom watch lists so I like to set up automatic lists where the platform does this for me in realtime.
And of course, we have a short sweet and simplified video on how you can set this up.
So we are using the ThinkorSwim platform but for those of you on a different platform a lot of these tips are still relevant with a few adjustments.
So to start, I have a daily gainers list set up over here on the left which automatically adds stocks that fit my criteria for intraday gainers. To do this you just have to drag over to the drop down menu and hit “create scan query”.
Once you’ve done this, a pop up comes out that allows you to set criteria for the watchlist. I recommend setting three criteria, the percentage change, volume, and last sale price. Now you can adjust this if you find that there are more important criteria that you are looking for but for me personally these are the three things I look for to get the ball rolling.
So for percentage change I like to set it to be is higher than 10% because if its less than that the price movement is less likely to be enough to trade off of and I don’t like scrapping for profits. For maximum I set some sort arbitrary number that allows me to see the biggest gainers.
Next, for volume I focus on hitting stocks that have at least 500k in volume because the lower the volume the harder it is to get out of a stock and the less reliable our strategies are. Ideally, the stock would have over a million in volume but 500k is lowest I’m willing to accept. For volume, same thing where I set an arbitrary number that doesn’t limit stocks with a maximum volume.
For last sales price, I like to trade stocks that are between 30 cents a share and all the way up to $30 share because I find that these have the most volatility and there is relatively low principal required to make a profit with these stocks.
Our Favorite Youtube Traders: Ricky Gutierrez, Timothy Sykes, Warrior Trading, and Patrick Wieland
Our Favorite Investment Channel: Jeremy's Financial Education
DISCLAIMER: All of ZipTrader, our trades, strategies, and news coverage are based on our opinions alone and are only for entertainment purposes. You should not take any of this information as guidance for buying or selling any type of investment or security. I am not a financial advisor and anything that I say on this YouTube channel should not be seen as financial advice. I am only sharing my biased opinion based off of speculation and personal experience. An individual trader's results may not be typical and may vary from person to person. It is important to keep in mind that there are risks associated with investing in the stock market and that one can lose all of their investment. Thus, trades should not be based on the opinions of others but by your own research and due diligence.
Extended Keywords: "ZipTrader" "Zip Trader" "How To Trade" "ZipTrade" "ZipTrading" "Who is ZipTrader" "Zip Trading" "Charlie Trading" "How To Start Trading" "November Stocks" "How to Set-Up Watchlist" "Penny Stocks" "How to find stocks" "How To Make A Stock Watchlist" "Finding Stocks To Daytrade" "day trading" "swing trading" "Charlie Plattus"