Hi, guys, my name is Alberto, I am Mexican, currently studying many things about trading, I take it as a hobby, however I’ve been more interested in trading everytime I found something or I read something about patterns technical analysis and so on. Hence i took a step into crypto and stock market, then I started to apply the concepts and I felt that is something I would like to continue deeper. Then, I am looking for information. One of my main issues currently have been the screener, because I don’t know which parameters are the chosen ones in order to track the most profitable stock or crypto. Well, due to that I am in this community. Looking for help, and of course advices which are also really important. Thank you very much in advance and sorry for my English.
Hi Alberto, welcome to the community. My name is Chelsea, I have been trading for quite some time now.
If you’re planning to check out courses, The School of Pipsology is the best one out there. You can also join various communities and learn from the experience and journals of other traders.
For stocks, you may want to filter out based on volume, price, and market cap (for liquidity and stability) and if you’re into technicals, you can include RSI, moving averages, or MACD to spot oversold/overbought conditions or trends.
For crypto, adding metrics like 24-hour trading volume, volatility, and circulating supply may help.
Good luck!
Hi Chelsea.
thank you very much for the advises, then ill consider those parameters into the screneer, however, before i considered just, volume, price, and market cap, and of course i got some results, then i went check the chart and everything seemed nice and neat ready to enter, because, BEFORE IT HAD SEVERAL GREEN CANDLES with NICE VOLUME, then i bought the crypto and suddenly everything falls. Hence, i tired to see what am i doing wrong? because it seems i am entering to late, almost when the momentum is gone, is the time frame? i am using 1 hour chart, also my support and resistance are quite ok. The patterns that i can see are reasonable fine and respected. You know how i feel, that the market is just “against me”, and i am sure many of you, felt that way too when you started, you think the market is fine, then you enter and BOOM everything falls. So, coming back to the later enter. Is the screener? is the time frame? why the momentum is gone? how to solve this?. i know many of you can say. COME ON!, educate yourself. However, i am doing that, i am accepting my losses, i am not being emotional, i enter when when i see the indicators, but the momentum again, is gone. This is why i am saying probably i am entering too late. Thanks in advance