Secrets Of Automated Stock Ideas

Most people who get started in robot stock picks and investing all have the same problem. Where do I find ideas to watch? Here are some basic ideas to help you make a list of ideas that might be good as robot stock picks

First off, before the market opens, review the major news that is affecting some stocks. Look at what they are doing pre-market. Only concentrate on stocks that have moved up or down at least 1% and have decent volume of trading already before the open. This shows interest from both traders and investors. Next, take these robot stock picks and write them down. Then let the market trade for the first 30 minutes. Pull out this list and see what the stocks have done. Usually the best ones to try to trade as robot stock picks will have already moved a decent amount, either up or down.

Next, wait for an entry opportunity on this list of stocks. Also, after the first 30 minutes, pull up a list of the largest gainers and losers on the day outside your main list. Make note of anything that is on the list that did not gap up or down to get there and actually traded to the current price from the open on the day. Anything good here will have moved at least 1-2% from the opening price already. These stocks can then be watched for ideal entry points to get in. Stuff that is really strong, wait for a 1/2% to 1% quick pullback in price, OR when about to break above a key resistance point. Its just the opposite for stocks that are weak.

Using this logic when concentrating on finding good robot stock picks will help you achieve success when day trading and investing. This will also keep most people who are still trying to learn out of trouble (bigger losses than should be taken).