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A Simple, Winning Stock Picking Strategy Part 2

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Uploaded by on May 10, 2008

Unlike most stock picking strategies or courses, everything you need to use this strategy is available on a free website.

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Howto & Style

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  • also, you can search for yahoo industry browser in google

  • sadly, etrade has shutdown clearstation. I'm currently researching the best alternatives at this time. You can use the nasdaq website and click on analyst research to see the current PE versus industry.

  • i dont really understand because dont u want a higher p/e

  • @ryanasi not really if you're looking to buy undervalued stocks. price / earnings that is high means the stock is "expensive"

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  • @maxbusinesscredit I am so upset regarding clearstation, I loved that website, it really helped out alot with everything and its all thanks to you! Have you found any alternatives as of yet, I dont really like nasdaq or yahoo. Clearstation was so simple everything about it, and I liked finding undervalued stocks, Im very interested in sites that display percentage losers,and all time lows, and the volume % increase, rlly points out everything followed by the PE vs Industry

  • @clipmaster30001 scottrade seems to me is the cheapest, with around 8 dollars per trade. I am using TD Ametrade/ThinkOrSwim, I think they all offer first several hundred trades for free.

  • @shubhamiitbombay sounds good to me.

    I would look at chandelier stops, profit stops, and percentage stops.

  • @Mtwn24 the key is to buy with recognizable patterns. It makes setting your profit targets possible.

  • @TeamGlobalDrive could be a good trade, but not for this strategy.

  • I looked up this stock's history and he was absolutely right. Scary.

  • @maxbusinesscredit

    What if the stock is not at a record price, but there is volume and the p/e is below industry?

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