Stock Watchlist

[abjc1983]

I have been studying investing for a couple of years already and the more I learn, I realize there is even more to learn. I am trying to build a stock watchlist using Microsoft Access. There are so many stocks out there and so much information, I am trying to build a database in Access so that I can sort/save all the information. Also, I would like to be able to draw up the information when I need it. Does anyone have any suggestions or tools they use related to this?

[mrmarket]

Start with some simple screens, like the ones discussed on this forum.

[IIC]

I have been studying investing for a couple of years already and the more I learn, I realize there is even more to learn. I am trying to build a stock watchlist using Microsoft Access. There are so many stocks out there and so much information, I am trying to build a database in Access so that I can sort/save all the information. Also, I would like to be able to draw up the information when I need it. Does anyone have any suggestions or tools they use related to this?

I was wondering what type of parameters or criteria you are interested in tracking?...Best, Doug(IIC)

[dmk112]

You can use excel to track all the information and if you have a broker you can use Medved Quotetracker to keep all your watchlist together... the program is really good - providing news, charts, etc... good luck

[abjc1983]

Basically, I'm trying to keep track of price history and formations such as bases, cup/handles. I use IBD and I can find some stocks with bases forming, but I also want to keep track of their progress as long as I can. I understand that my database of stocks will keep getting bigger and harder to manage, but I'm trying to find an "easy" way of doing it. Does this answer your question?

[abjc1983]

DOUG see above... thanks, aaron

[IIC]

Basically, I'm trying to keep track of price history and formations such as bases, cup/handles. I use IBD and I can find some stocks with bases forming, but I also want to keep track of their progress as long as I can. I understand that my database of stocks will keep getting bigger and harder to manage, but I'm trying to find an "easy" way of doing it. Does this answer your question?

Hmm...2 good patterns to follow...have you thought about placing alerts with your broker? For example on a flat base you could set a 2% alert...the alert won't tell you the volume but it can direct you to check it out.

I know what you mean about too many stocks...Basically I day trade...I have 80-120 stocks set up each night to watch the next morn...but then I also add more in the morn based on news or whatever...Obviously I miss most of the best one's because I only have 2 eyes...But I look for the early volume movers that pullback on lower vol after 20-30 mins...I also look for a few other things...That's why I generally do better on my day trades when the mkt is flat or even down a little...not so many to watch.

My deal probably doesn't help you much...But I do have a suggestion...Look for a few people who are interested in basically the same things you are...you probably won't find anyone identical...but close is good enough...share the duties and trade info by email or IM...takes some time...but at this forum and others...you are bound to find some people.

One final thing...Try to keep it simple...you can learn a million things about technicals...but I think it is important to be able to eyeball a chart in about 3 seconds...You can scan hundreds of charts in a short time...then go back and study the 2-3% that looked interesting. I used to look at 500-700 charts every weekend...I've cut that down to about 150-200 by running scans...On my nightly list it is simply scans...Well, I'm rambling I guess...Best, Doug(IIC)

[New-born baby]

Thank You

Thank you, Doug. You do a LOT for us all.

[B.J]

Basically, I'm trying to keep track of price history and formations such as bases, cup/handles. I use IBD and I can find some stocks with bases forming, but I also want to keep track of their progress as long as I can. I understand that my database of stocks will keep getting bigger and harder to manage, but I'm trying to find an "easy" way of doing it. Does this answer your question?

Doug may be "rambling", but he's forgetting to tell you one thing: His excellent website "mrbreakout.com", has a weekly report which highlights cup and handles as well as flat bases. He also posts his nightly watch list. Not all stocks on there may be suitable for your style of trading because as he mentions, he's strictly a day trader.

[IIC]

Thanks...that is the nice thing about this forum...a lot of people helping each other...Best, Doug(IIC)

[abjc1983]

Hi Doug,

Thanks for the information. I am a college student and working off a limited income. As a matter of fact, I just came off an internship with GM and have a couple grand to play. I'm not sure when i'm gonna jump in just yet, but I've been playing off the simulations and doing pretty good. I think I just need to build some more confidence or something.

On a side note, what do you think of TOL? (Through simulation, I bought a call and I'm up about 100% profit).

Thanks,

Aaron

[IIC]

Hi Doug,

Thanks for the information. I am a college student and working off a limited income. As a matter of fact, I just came off an internship with GM and have a couple grand to play. I'm not sure when i'm gonna jump in just yet, but I've been playing off the simulations and doing pretty good. I think I just need to build some more confidence or something.

On a side note, what do you think of TOL? (Through simulation, I bought a call and I'm up about 100% profit).

Thanks,

Aaron

For the builders TOL is a good one...but I'm just waiting for that group to fall apart...may be a while though before it happens...but one interesting thing on a related note is that most of the Mortgage stocks have already fallen apart...There are exceptions but the DJ Mortgage Group is # 95 out of 100 YTD...Doug(IIC)