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    TC Trading

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    hhh
    The document describes various scans and strategies for identifying long and short trading opportunities in stocks and options. It provides lists of stocks filtered by criteria like price momentum, trends, and volatility. It then discusses strategies for analyzing option chains and entering long calls, short puts, or rotational trades based on the market bias and strongest industries and stocks identified by the scans. The overall approach involves using technical scans to identify trending stocks and high volatility shorts, investigating their options liquidity, and aiming for 30-80% profits within 3-10 days through options positions.

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    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd

    TC Trading

    Uploaded by

    hhh
    85 views11 pages
    The document describes various scans and strategies for identifying long and short trading opportunities in stocks and options. It provides lists of stocks filtered by criteria like price momentum, trends, and volatility. It then discusses strategies for analyzing option chains and entering long calls, short puts, or rotational trades based on the market bias and strongest industries and stocks identified by the scans. The overall approach involves using technical scans to identify trending stocks and high volatility shorts, investigating their options liquidity, and aiming for 30-80% profits within 3-10 days through options positions.

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    © © All Rights Reserved

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    The document describes various scans and strategies for identifying long and short trading opportunities in stocks and options. It provides lists of stocks filtered by criteria like price momentum, trends, and volatility. It then discusses strategies for analyzing option chains and entering long calls, short puts, or rotational trades based on the market bias and strongest industries and stocks identified by the scans. The overall approach involves using technical scans to identify trending stocks and high volatility shorts, investigating their options liquidity, and aiming for 30-80% profits within 3-10 days through options positions.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Download as xls, pdf, or txt
    85 views11 pages

    TC Trading

    Uploaded by

    hhh
    The document describes various scans and strategies for identifying long and short trading opportunities in stocks and options. It provides lists of stocks filtered by criteria like price momentum, trends, and volatility. It then discusses strategies for analyzing option chains and entering long calls, short puts, or rotational trades based on the market bias and strongest industries and stocks identified by the scans. The overall approach involves using technical scans to identify trending stocks and high volatility shorts, investigating their options liquidity, and aiming for 30-80% profits within 3-10 days through options positions.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Download as xls, pdf, or txt
    of 11

    INDUSTRY LIST

    easyscan - 30 Sub Industries


    sort - 10 Sub Industries
    watchlist - 10 Sub Industries

    STOCK LIST
    easyscan - 30 Stocks (10 Sub Industries)
    sort - 6 Stocks (each Sub Industry)
    watchlist - 60 Stocks (10 Sub Industries)

    TRADE LIST
    sort - 5 best Sub Industries (from Watchlist)
    sort - 6 best Stocks (from Watchlist)
    tradelist - 15 Stocks (from 5 best Sub Industries)
    LONG:

    All Stocks (Sub Industries)


    Price % Change 26 Weeks - 90 to 99 (Rank)
    Optionable Stocks - True

    I want to focus on stock charts that have a reliable trend in place for at least several months.
    This is momentum, by definition. The trend is your friend, and momentum matters! This scan yields about
    50 to 120 stocks per night, and it is fairly static... that is, the same stocks will continue to show up for many
    nights, while their trends are intact. I have found that trending stocks tend to remain trending. You are
    looking at a list of stocks which have outperformed the market for several months, and have momentum and
    buying power beneath them. If they go down for a few days, they tend to be bought on weakness... they
    bounce back from any selling bouts, at least, in the short term history of the market. These are good longs,
    whether trading stocks or options. The next step is to look at the charts and to select the best long term
    trends, or the ones with extreme strength, with volume, over the past few months. Put these on a separate
    Watchlist. Now look at these to find your favorites, and especially the highest priced stocks, as the options
    trade much better for the pricier stocks. You may now have a list of perhaps 10 stocks.
    SHORT:

    All Stocks (Sub Industries)


    30 Day Price Trend vs Market - 1 to 10 (Rank)
    Optionable Stocks - True
    Price Per Share - 61 to 99 (Rank)

    This scan returns 40 to 90 stocks on a typical night. This is a fairly static list... the usual suspects will show
    up night after night. The best stocks to look for here are ones with steadily declining charts with heavy
    volume in recent weeks. The downtrend is your friend. Try for 30% to 80% profit in a few days or a couple
    of weeks, then exit. If it goes against you, the exit point is a very personal decision. Some of the charts
    presented from this scan are so "far gone" that they scare some people. Personally, I like those, but that is
    totally up to the viewer. A second scan I use is...

    All Stocks (Sub Industries)


    Price Per Share - 81 to 99 (Rank)
    Optionable Stocks - True
    Volume 1 Day - 64 to 99 (Rank) You can tighten this up to reduce the number of charts returned.
    Price as Percent of 30 Day High - 1 to 28 (Rank)

    This scan may return about 200 candidates, and I caution the viewer that a heavy dose of discernment is
    necessary with this scan. The idea here is to identify higher priced stocks that have just begun to fold over...
    they are not all so "far gone" as in the other scan. However, many of these stocks may be just undergoing a
    minor pullback and not a very playable downtrend. So, some of the stocks appearing here may actually
    appear on the long scan! And some of these will also appear on the other short scan. So, it is a mixed bag.
    I prefer the other short scan to this one, but if you want some stocks where the horse has just left the barn
    instead of already out in the meadow, this scan may suit your needs. Flag the best of the best, and
    investigate the options. I have been running the long scan and the first short scan here about 2 nights each
    week. These 2 scans have had me in an interesting and profitable trade during this entire downturn. I have
    been long coal, oil and gas exploration, and certain miners. I have been short regional banks, brokers,
    hotels, some retail, insurers, some defense, and miscellaneous others. Both the puts and the calls in
    separate sectors have helped me make money, even on a Dow -358 day like today, as I write this.
    STOCKS

    Trade only strongly trending stocks!


    LONG

    I want to focus on stock charts that have a reliable trend in place for at
    least several months.
    This is momentum, by definition. The trend is your friend, and momentum
    matters!
    SHORT

    high price, high volume


    OPTIONS

    Investigate the options chains for open interest, liquidity, premium price, etc. You want to
    be in the money because these options will lose money more slowly than
    the out of the money ones, and you may guess wrong on your entry! I learned this
    after burning my first options account to the ground!

    Rollover ITM & OTM Options to next Month once Stock begins to stall.
    CALLS

    1 or 2 Strikes ITM (Out from 25 to 60 Days)

    You want to be in the money because these options will lose money more slowly than the
    out of the money ones, and you may guess wrong on your entry! I learned this after
    burning my first options account to the ground!

    You want to be in the time frame I mentioned because if you allow too little time to
    expiration, you may expire worthless if the stock moves against you, and that means up
    to a 100% loss. If you allow too much time, the option price does not move much even if
    the stock does, in the short term, so that means you paid too much for the time value,
    when you didn't need to.

    Using this simple strategy, I have found it possible to make profits of 30% to 80% within
    3-10 days, while the underlying stock moved up 5% to 10% within that timeframe.
    PUTS

    1 to 3 Strikes ITM (Front Month)


    Closer to ATM (Next Month)
    TRADES

    15 best Stocks from 5 best Sub Industries (Option chain, liquidity)


    Rotate cash out of Laggards (Stocks & Industries) in Leaders for each Sub Industry
    Weight account according to market bias i.e. long or short
    Divide bias cash equally amoung 5 Sub Industries e.g. 75% Long / 5 = 15% per Sub Industry
    Price as Percent of 30 Day High - 1 to 28 (Rank)

    This scan may return about 200 candidates, and I caution the viewer that a heavy dose of discernment is necessary with this scan. The idea here is to iden
    many of these stocks may be just undergoing a minor pullback and not a very playable downtrend. So, some of the stocks appearing here may actually app
    other short scan to this one, but if you want some stocks where the horse has just left the barn instead of already out in the meadow, this scan may suit you

    I have been running the long scan and the first short scan here about 2 nights each week. These 2 scans have had me in an interesting and profitable trade
    regional banks, brokers, hotels, some retail, insurers, some defense, and miscellaneous others. Both the puts and the calls in separate sectors have helpe
    vigilant for the next turn of the sectors.

    STOCKS:
    Trade only strongly trending stocks!

    LONG:
    I want to focus on stock charts that have a reliable trend in place for at least several months.
    This is momentum, by definition. The trend is your friend, and momentum matters!

    SHORT:
    high price, high volume

    OPTIONS:
    Investigate the options chains for open interest, liquidity, premium price, etc
    You want to be in the money because these options will lose money more slowly than
    the out of the money ones, and you may guess wrong on your entry! I learned this
    after burning my first options account to the ground!
    Rollover ITM & OTM Options to next Month once Stock begins to stall.

    CALLS:
    1 or 2 Strikes ITM (Out from 25 to 60 Days)

    You want to be in the money because these options will lose money more slowly than the out of the money ones, and you may guess wrong on your entry!

    You want to be in the time frame I mentioned because if you allow too little time to expiration, you may expire worthless if the stock moves against you, and
    the short term, so that means you paid too much for the time value, when you didn't need to.

    Using this simple strategy, I have found it possible to make profits of 30% to 80% within 3-10 days, while the underlying stock moved up 5% to 10% within t

    PUTS:
    1 to 3 Strikes ITM (Front Month)
    Closer to ATM (Next Month)

    TRADES:
    15 best Stocks from 5 best Sub Industries (Option chain, liquidity)
    Rotate cash out of Laggards (Stocks & Industries) in Leaders for each Sub Industry
    Weight account according to market bias i.e. long or short
    Divide bias cash equally amoung 5 Sub Industries e.g. 75% Long / 5 = 15% per Sub Industry

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