Succesful Traders Have a Stock Screening System
Just 86 stocks (4%) accounted for HALF OF ALL STOCK MARKET GAINS in the last 90 years. 99.9% of all stock market growth can be attributed to the top 1,000 stocks.
The remaining 96% of stocks collectively matched one month of treasury bills.
What's the takeaway? If you don't have a system for screening the top 4% of stocks that account for all the growth, you're going to struggle as a trader.
Quantamental genius Trader Z explains in this short video:
The Most Important Types of Screeners for Swing Traders
There are thousands of stock scanner options and it's easy to get bogged down. To start, keep the total number of scanners you use down to 3-5. We recommend the following:
- CAN SLIM Screener: Bullish stock screen using a combination of fundamental and technical analysis techniques. It prioritizes stocks based on growth.
- GARP Screener: Growth at a Reasonable Price (GARP) prioritizes stocks based on browth growth AND value.
- Growth Stock Screener: Curated list of high-potential stocks based on growth criteria like price performance, relative strength, earnings, liquidity, and more.
- Technical Stock Screener: An advanced stock screener that only looks for technical criteria you put in (like price action), ignoring fundamentals.
- Stock Analysis Screener: An easy-to-use screen that includes some quantamental inputs, but focuses on expert analysis and human judgement to provide stock picks.
Using Your Stock Screens Together
Great, you know the top 5 types of stock screeners you need and the specific scanners we use. Now what?
Now you use them together, and that's where the magic happens! Trader Z explains:
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