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Essentially, how is it that you determine where a stock is going (or where you think it's going) and what you want to do with that information (buy, sell, short, put/call options, etc.)? Also, what resources do you use to get the information?
Personally, I mostly do T/A, using stockcharts.com. I like the MACD indicator, as it is pretty good. In fact, for those who don't know how it works, I saw some youtube videos that actually showed me how, here:
[ame="http://www.youtube.com/watch?v=OR8vwFv-5iU"]YouTube - technical analysis indicator MACD[/ame]
[ame="http://www.youtube.com/watch?v=Hz4tuWGQqfo"]YouTube - Technical Analysis Indicator MACD part two[/ame]
[ame="http://www.youtube.com/watch?v=4ybk72R9_90"]YouTube - Chart Analysis MACD part three[/ame]
Other than that, for the little fundamental analysis I do (because I'm usually in for a quick profit) I just use nasdaq.com. And look at the company's financials.
To find stocks, I just throw random large companies into stockcharts, and see how the MACD is looking, if it looks bullish or bearish, and will usually buy if it looks bullish. I'm trying to come up with a good plan for buying puts/calls regarding the MACD, because I think it could be a lot more profitable than just the couple of % I usually would get in a week by buying. But, we'll see how that goes.
Personally, I mostly do T/A, using stockcharts.com. I like the MACD indicator, as it is pretty good. In fact, for those who don't know how it works, I saw some youtube videos that actually showed me how, here:
[ame="http://www.youtube.com/watch?v=OR8vwFv-5iU"]YouTube - technical analysis indicator MACD[/ame]
[ame="http://www.youtube.com/watch?v=Hz4tuWGQqfo"]YouTube - Technical Analysis Indicator MACD part two[/ame]
[ame="http://www.youtube.com/watch?v=4ybk72R9_90"]YouTube - Chart Analysis MACD part three[/ame]
Other than that, for the little fundamental analysis I do (because I'm usually in for a quick profit) I just use nasdaq.com. And look at the company's financials.
To find stocks, I just throw random large companies into stockcharts, and see how the MACD is looking, if it looks bullish or bearish, and will usually buy if it looks bullish. I'm trying to come up with a good plan for buying puts/calls regarding the MACD, because I think it could be a lot more profitable than just the couple of % I usually would get in a week by buying. But, we'll see how that goes.
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