1. I have extensive stock watchlists based on tickers I have either played in the past or have been watching with the intent of playing in the future. Especially with options, it is hard to jump into a stock not knowing how it acts.
ЁЯУЪThread: How I Make WatchlistsЁЯУЭ
There are countless ways to make watchlists. Each trader looks for particular things in a setup that fits their style. There is no science here. My goal is to share a simplistic strategy on how to become SELF-SUFFICIENT with watchlists. ЁЯдЭ
1. I have extensive stock watchlists based on tickers I have either played in the past or have been watching with the intent of playing in the future. Especially with options, it is hard to jump into a stock not knowing how it acts.
Start with sector watchlists. In addition, have one "general" watchlist with assortments of familiar & trending stocks
I look for charts with significant breakout or breakdown potential. If it is easy to identify both
Knowing when to enter and exit trades independently is the key to being self-sufficient. I try to keep it very simple when it comes to entries and exits.
Wait for confirmation over your trigger level - I use 5min candle. If you enter after confirmation and it falls back below resistance, cut and reassess. Wait for the break, do not try to call the break.
More from Watchlist
Everyone knows Apple, Amazon, Microsoft...
But how do you find the next $AFRM, $PLTR, or $USPT early?
Here are 9 GREAT resources for finding stock ideas (8 of them are FREE):
1: ETFs
Look through the holdings of high-growth ETFs
Google the ETF symbol and тАЬholdingsтАЭ
These are worth cracking open:
тЦкя╕П $ARKF / $ARKG / $ARKK / $ARKW
тЦкя╕П $FFTY
тЦкя╕П $HACK
тЦкя╕П $IZRL
тЦкя╕П $TMFC
2: Fund Managers
Type a fund you respect into @Whalewisdom
You can see all their holding and get emails of any changes
These funds are worth tracking:
тЦкя╕ПAKre Capital
тЦкя╕ПAKO Capital
тЦкя╕ПDorsey Asset
тЦкя╕ПFundsmith
тЦкя╕ПPolen Capital
More
3: Newly Public Companies
тЦкя╕ПDirect Listings
тЦкя╕ПIPOs
тЦкя╕ПSPACs
Are a great idea source
Helpful resources:
тЦкя╕П https://t.co/jJW01WpJQh
тЦкя╕П
4. Screeners
@Finviz is great for screening by sector/industry
@Stockcard is great for screening by themes (like the mega-trends listed below)
But how do you find the next $AFRM, $PLTR, or $USPT early?
Here are 9 GREAT resources for finding stock ideas (8 of them are FREE):
1: ETFs
Look through the holdings of high-growth ETFs
Google the ETF symbol and тАЬholdingsтАЭ
These are worth cracking open:
тЦкя╕П $ARKF / $ARKG / $ARKK / $ARKW
тЦкя╕П $FFTY
тЦкя╕П $HACK
тЦкя╕П $IZRL
тЦкя╕П $TMFC
2: Fund Managers
Type a fund you respect into @Whalewisdom
You can see all their holding and get emails of any changes
These funds are worth tracking:
тЦкя╕ПAKre Capital
тЦкя╕ПAKO Capital
тЦкя╕ПDorsey Asset
тЦкя╕ПFundsmith
тЦкя╕ПPolen Capital
More
Here are some of the big investors that track:
— Brian Feroldi (@BrianFeroldi) February 17, 2021
Altarock Partners
AKO Capital
Appaloosa
Akre Capital
Broad Run
Dorsey Asset
Duquense
Ensemble
Fundsmith
Polen Capital
Third Point
Here are their current top 10 holdings (in order) and links to their latest buys/sells \u2b07\ufe0f
3: Newly Public Companies
тЦкя╕ПDirect Listings
тЦкя╕ПIPOs
тЦкя╕ПSPACs
Are a great idea source
Helpful resources:
тЦкя╕П https://t.co/jJW01WpJQh
тЦкя╕П
4. Screeners
@Finviz is great for screening by sector/industry
@Stockcard is great for screening by themes (like the mega-trends listed below)