tag:blogger.com,1999:blog-22581636.post3201689000454119955..comments2007-05-03T19:45:35.317-04:00J.C.http://www.blogger.com/profile/01474265252355624828noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-22581636.post-84215189434414216802007-05-03T19:45:00.000-04:002007-05-03T19:45:00.000-04:00RudeDog,<BR/>Thanks for your comments and thanks for the suggestions....yea you're right...it'll take me a while to configure the scanner to my liking as I'm still trying to learn all it's features. I'll definitely call upon you if I need help!<BR/><BR/>DT_Trader,<BR/>Thanks for your comments. Yea, there are a whole host of other things you can adjust and I'm still trying to learn them all. For now, I've been using their pre-set ones and seeing how well they work...it'll take some time, but I'll get there!<BR/><BR/>Good luck to all and good trading!J.C.http://www.blogger.com/profile/01474265252355624828noreply@blogger.comtag:blogger.com,1999:blog-22581636.post-69018911372122874202007-05-02T07:57:00.000-04:002007-05-02T07:57:00.000-04:00JC,<BR/><BR/>I don't know anything about the Trade-Ideas product other than what you write here. Is it the only "filter" that you have? I always assumed it was different than a regular filter.<BR/><BR/>Anyway, it's great to have, but don't become preoccupied with it or anything. You made good money before you had trade-ideas...<BR/><BR/>-DTDinosaur Traderhttp://www.blogger.com/profile/05675466667593721085noreply@blogger.comtag:blogger.com,1999:blog-22581636.post-88240236697670378652007-05-01T23:14:00.000-04:002007-05-01T23:14:00.000-04:00I have been using Trade Ideas for > 1 year. It's fantastic. But the bad thing about it is that there are a million different ways to configure it. If you're like me, you will, in fact, configure it a million times and waste an awful lot of time doing so all the while hoping to configure it in just the right way to find perfect trades all the time. At some point you will realize that that won't happen. Then you will finally realize that the beauty of Trade Ideas is that it allows you to configure it so that multiple opportunities are provided to you according to the type of patterns or set ups you like. Some will work and some will not. For instance, I like looking for stocks that gap up or down >1%. I set the price parameters btw 15 and 100; average daily vol at 300K; current vol ratio at 3; min. volatility of .05; max spread of .07; and max # of alerts at 1. These are put in the "window specific" window. In the "select alerts" tab I check new high and new low. I have two alerts, one for gap ups and one for gap downs. Each will plop stocks into its respective portfolio window in my Quotetracker. Each portfolio is then automatically prioritized according to current volume ratio (a quotetracker feature). I'll then concentrate on only about the top 12 to 15 stocks.<BR/><BR/>Each portfolio can have quite a few stocks in it, so then you have to decide if you're going to trade only gap downs or gap ups. For me I prefer to trade gap downs, although I have again wasted time trying to look at both lists fearing that I would miss good trades and ending up not trading at all due to too many stocks. If I do get focused on solely one list, like the gap down port., I will short the stock initially or I may wait and scalp the retracement (which is frequently very reliable). <BR/><BR/>Anyway, these are just a few things that I have found out while using Trade Ideas. If you have any questions about it, feel free to contact me. Also, Trade Ideas is putting on a presentation at the Traders Expo in San Diego this June. Have no idea if it would be worth while, but I thought I would mention it. It will probably be filled with traders looking for the holy grail, which of course, does not exist...even with a real time scanner.<BR/><BR/>Take care.Rudedognoreply@blogger.com