With over 12,000 stocks to look at every day, I use a state of the art technical scanning tool to quickly and effectively find stocks to trade. The Oz Scanner applies technical screening formulas to a large population of stocks. It then returns a list of stocks that meet a pre-determined filter criteria associated with those formulas throughout the trading day. Once I receive the list of stocks generated by the scanner, I then proceed to evaluate potential risk and potential reward prior to establishing a position in the stock.

Depending on your trading experience level, alerts from the different scans can be traded different ways.  I am including a table which may give you some guidance as to the type of trades that can be made and the experience level required for such trading philosophy. 

GREEN = Beginner  BLUE = Intermediate  BLACK = Advanced

L = Long            S = Short 

The reason I developed these scans was that I was constantly trying to find better-than-average stock trading opportunities. The dilemma of which stock I should trade next was the reality I faced every time I closed a trade. If I wanted to find fast-moving or slow-moving stocks with better than average upside or downside potential, I was simply out of luck. Consequently, I had to develop a product that would put these stocks in front of my eyes.

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