Using Technology to Find Trends | Technically Speaking: Trading the Trend

Using Technology to Find Trends | Technically Speaking: Trading the Trend

Show Video

[Music] hello and welcome to trend thursday where we talk about trading trend weeks to months and i woke up today my wife says why are you waking up so early looked at her and i said it's trend thursday you know what time it is so we welcome everyone actually here today esteban seattle michelle chris uh lewis len george vijay walter radio in texas hey stay warm down there and uh many others hello lisa now just real quick as we're getting started we also have uh our second instructor cameron may here as well he's a fellow instructor he does also post on twitter feel free to follow cameron or any of us instructors on twitter we do post educational content there daily now today uh normally when i teach i'm actually teaching direct i'm actually teaching off the screen that i'm looking at today i'm actually going to be kind of using a bigger screen and i want to kind of see if that actually can help as far as you seeing better and just just a little bit more clear so let's actually try that today so if i'm looking a little bit to the right that's why but i just want to test it out but i think we should be good just real quick as we're getting started want to give us a reminder that the content is intended for educational informational purposes only it's not a recommendation of any security strategy or account type options are not suitable for all investors special risk inherited trading options and also remember that when you use options there is a pamphlet called the characteristics and risk of standardized options have that read that trading futures and forex involves speculation also remember that when we talk about let me kind of bring that down just a little bit there we go okay also remember when we talk about uh spreads and straddles multi-leg option strategies that can entail substantial transaction cost short options can be assigned any time prior to the uh anytime prior or up to the expiration regardless of the in the money amount also remember that when we talk about uh examples we will be demonstrating the function out of the platform we need to use actual symbols td ameritrade does not make any recommendations determine suitability meaning security strategy for individual traders and also last but not least when we talk about uh you know the paper money platform it's for educational purposes and there's the option greeks now today i think we have a really two-prong agenda okay i've had uh this week i've been teaching an option strategy workshop at night starts at 7 goes to 8 30 and we've actually been kind of talking about searching a lot and about 700 people have been watching that and i've also had some questions throughout the weeks on on the topic so today we're gonna actually talk about scripts for about uh and how they're intertwined in the thinkorswim platform what they are where are they how do you use them and why does the investor maybe care and maybe want to actually review what they really are and how do they actually work okay now so the first part 15 minutes is going to be into into the scripts okay the second part is going to be taking the education we get and then as a practitioner how does an investor use the scripts to really evaluate and manage a sample portfolio now we all have the same problem and that problem is the following okay the problem is is how do we track stocks whether it's trends momentum how do we do it okay the other thing is how do we also evaluate those setups from a technical perspective this class is really called trading the trend weeks to months so how do we actually do it now we we could you know uh and i want to kind of also make mention is this is a class where we'll talk about the scripts but also just know that ken rose on friday at 3 pm 3 p.m eastern he does a class on this very topic but we're going to use the topic of scripts intertwine it with trading the trends now this could actually be used when we talk about scripts it can be used on indexes it could be used for example on sectors it could be used on current positions and or it could be also uh done if someone is a shorter term trader intermediate or even long term so james it kind of sounds like almost maybe many investors and i would agree with that but what is really the purpose of a script okay number one is we want to track performance what's the performance of the stock okay now remember this is being recorded okay and also just know that you can go back and watch this number two is track momentum and trend okay third review relative strength against an index or a sector fourth view potential bounces and breakouts sounds like a lot of options here that's true it could also be reviewing let's say uh implied volatility with technicals it could also be reviewing price patterns and since this class is on technically speaking jesus kind of sounds like that that kind of touches a lot of things we actually could look at yes we could actually use scripts on the market watch tab where we can see a watch list we could also use scripts on the monitor page as well but we could also use actually scripts in scans and the scripts could also be used in the charts geez james it sounds like you could almost use it many different places and that's true let's take a look so first off when we actually pull this up i'm gonna actually show you my desktop okay and what i'm gonna do is i'm gonna bring up uh my twitter page and i just want to show you where you can get this i'm going to show how to put one of them on and then what we're going to break down what they really are and the goal of what we talk about is i kind of want to give you an overall view do not feel that you have to uh i have to have all of these no you don't have to have all of them but you might pick one or two or three that you like for you and you might want to customize for you so right at the very top of my twitter page you're gonna see uh if you go to twitter.com type in jamesboyd you're gonna actually see right at the very top there's this picture right here now i want to kind of talk about this picture because there's been some kind of questions on it now the reason why i kind of chose this screen today i think it's a little bit bigger and let me know if it's helpful for you to s that you can see it better if it does we win now if you take a look at this right at the very top of my page you're going to see a picture and it will say column heading the column heading is actually what the script is going to be named we actually see where it says purpose what is the purpose of it i mean why do i care and the third thing is here is it actually says script code so what you're going to notice is we have rows and column number i should say this row number one is weak percentage now remember we said that's kind of one of the goals of scripts is we like to track performance well one of the way you could track performance is looking at weekly percent that might actually help us now what does it do well if we look at weak percent this also helps us track momentum now if we actually said james what is maybe the code or that script code to for example put that on my platform we want to actually take or the investor could take uh those letters which are case sensitive okay and what they could actually do is they could put those on the platform so does everyone actually understand that when we look at the rows the first kind of bracket section is what the column heading is called the second bracket heading bracket area is what the purpose is and the third bracket area is what the code is for that if you're interested in that now let's show how to actually put this on let's kind of start to break this down now what we're going to do is we're going to go right to the thinkorswim platform and what we want to do is we're going to go to the very top right okay now what i'm going to do is i'm going to go to the top right and i'm going to go down to where it says open shared item now if i go to open shared item okay click on open shared item all i'm now going to do is i'm going to type in that code that was right on that sheet of paper and if i did this right it might be something like that okay that's the code that i stole or took right off that twitter page now if you take a look at this if i now type in click on preview it's going to say what do you want to call it what's that column heading and just like we said on that sheet we're just going to call it weak percent okay is everyone good how do we get heat to here we went to the very top right very top right set up open shared item set up open shared item we typed in the code okay and we said let's preview and let's call it what it's going to be shown in the column heading now if we actually now click on import okay what it now does is we want to kind of say okay where did it go so remember i said one of the one of the things that scripts can do think of scripts as a way to scan or search we could actually also go back to that page that tab where it says market watch if we go to where it says market watch and then quotes quotes we want to pull up a list of dow jones stocks first this works the best when there's a list listen a list of less than 50 stocks and i'll show you how could you maybe look at a bigger list i'll show you how you could do that okay market watch quotes and now what i'm going to do is i'm going to hit the drop down and i'm going to go right down to where it says public and i'm going to say pull up the dow jones please okay now if we actually take a look at this okay now bill don't worry i'm coming to you right now in just a moment okay let me get there but i'm going to talk about that got a nice little sheet of paper of the notes where people have asked me questions and i'm going to pull it through all of them okay we're gonna click on dow jones industrial average and then here's the dow stocks now what it does is we have these column headings right at the very top column heading column heading column heading we can right click on any of those column headings any of them and we can now just go to customize so how how do we do that right click on the heading click customize what are we customizing you can interchange any of the headings to what you want to see what we did is we showed the first example i want to be able to really track performance one way to track performance is looking at weak percent now how many of you would actually like to look at stocks maybe on a weekly percent a monthly percent a year to date percent what does that have to do with anything with trend that's funny the answer is a lot now right based on that sheet i wrote that if someone is looking at the one week performance that's really looking at momentum okay that's really looking a momentum if someone said what is the purpose of looking at one month why do i care because a one-month performance is really giving you an indication an idea at that point in time what the potential trend is now the year-to-date percentage right there that's just showing in the year-to-date performance but that is also an indication of potential trend if you had a stock that was up 30 for the year and one stock was down 30 for the year which one do you think really has trend right come on right so that's an easy way to see where's the momentum where's the trend now let's take actually a quick look at this and now let's kind of talk about the uh so when i have the weak percent i'm gonna add the item and it's to put right there okay now what happens is when i put that right there and say click on okay it's now going to give me that weak percent and i can click on that heading right there and say which one of these stocks is really showing stronger to weaker performance now one of the questions that came in right now is well james wonder if i actually want to pull up my own list love to if we actually go to the right hand side click on those three lines right there click on those three lines say yes if you see what i'm clicking on if i click on those three lines and i want to create a watch list or i have a watch list if i said well no i wanted to make a watch list will be will this also be able to kind of take it and i'm just going to call this an example list what i'm going to do is i'm going to type in a couple stocks that maybe some of us are familiar with citibank home depot lowe's well fargo you name it now what's going to happen is whether it's the index list or a personal list even if i actually took this a little bit farther okay let's go let's say 10 stocks here let's go caterpillar let's go for example ooh bet life whatever what now happens is when i say hey let's save that list it's going to take the example list and now what you're going to see is it's going to show the scr the headings right there there's that heading right there and then there's a week there so it can be pull up an index of less than 50 stocks or individual list that example list could be a watch list that example list could even be stocks that are in your portfolio okay now are there any questions with what we talked about i just answered two questions okay but i just want to make sure we good so far now the one thing is i want to kind of come back to is when we look at this okay when we actually take a look at this this is really kind of showing if the investor wanted multiple technical uh studies at the same time so let me verbally speak to this multiple people have asked me this question okay and i want i've already spoke about really these okay these right here are what investors really call they're really measuring price performance positive or negative we already talked about that now if we actually take a look at and i'm going to kind of leave iv i'm going to hold that right there for just a sec but if we were to take a look at let's say the 10 and the 30 this is now how many of you like to see stocks above certain moving averages does anybody like that james i'd like to see a stock above a 50. i like to see a stock above a 200 okay or i'd like to see a stock above a 20-day moving average what this is really showing is here is the stocks that are having that green background don't don't worry about the number in there just look at the green color background those are the stocks potentially that are showing that they're above the 10 period moving average the ones with the red background oh no probably not when we go pull that up if i pull up kmi that stock probably is not above its 10 period moving average so when someone looks at this list it's giving an immediate sentiment of trend and of momentum so in other words if we actually look down the 10-day moving average column and everything was green and it has been before if everything was green in the 10 period moving average column that is saying wow there's a lot of bullish momentum in the market now if we actually said hey james i'm looking at the 30 and uh let's hypothetically say there's no stocks above the 30 period moving average what does it tell us about trends now about two weeks ago we saw that this list when you just pulled this up the column of the 30 period moving average it was like alabama crimson tide red okay and when you see that it's it's telling you a sentiment of the market and you didn't even pull up the market yet so that's kind of nice that you can kind of see an idea the 10 is viewed for momentum and the 30 is trend now james where are you getting that well because if you went back and you looked at that sheet that i had right at the very top you're going to see that it'll say 10 it says momentum the 30 trend ah okay good now let's kind of go back to where we get into the really good stuff okay i've been just salivating until till we can go right here right now now the one of the biggest things that people like is they don't have a ton of time okay i have four children i have a dog jacks i'm married et cetera et cetera i don't have a lot of time i do a lot of service too okay and actually the biggest thing is this is going to kind of show us what type of trends that we're in okay now people would say comments like uh the stock is up a lot the stock is up a little the stock is flat the stock is down a little the stock is actually down a lot i don't know what that means and that that can really be different per the investor what we actually did is we said hey is there a way to kind of gauge is there a way to kind of say hey could we look at where the stock is in relationship to the moving averages and maybe could that tell us something about momentum support and resistance and the answer could be yeah maybe now what i'm going to do is let me kind of bring this up because there's been some questions on this and i want to make sure i address this okay now i'm going to take five more minutes to discuss this topic and then we're going to take the education that i've given and then we're going to kind of use it as more the scripts as far as practitioner okay so here we go when it says one and i'm going to kind of make this a little bit bigger so we can all see this this that if the number is one it's really saying that the stock is below both moving averages okay so stock below both moving averages now again that tells us something about trend and momentum so if in that column if the number said one it's saying the stock currently right now is highly likely below both moving averages so again that tells us something maybe there's negative momentum and negative trend if the stock and i'll kind of space this if the stock if it says number two it means price above 10 day ema but not above 30 day estimate yet okay so that's kind of maybe showing maybe a bullish short now the third is if we actually said hey i see a number three that means the stock or i should say the price these can't type price is above 10 and 30. now that would actually be interesting because now there's momentum plus trend okay and number four is the same as number three number three but up near potential resistance now best might want to check that okay now number five is in this case gonna be same it's gonna be i should say like this opposite opposite of number two okay price fault price below ten but above but above 30. okay so this is where it may be the price is losing momentum the number two was really there was more bullish momentum okay now does this help to kind of write this out and talk about it now if you look at my sheet and this is why i'm going over this if you look at my sheet when i say 10 day does it say sma or ema it doesn't say sma doesn't it says 10 day ema so when i say 10 i'm talking about ema okay when i say 30 which moving average are we talking about well what does it say it says estimate there you go i don't think people are reading the sheet okay i i think sometimes you just scroll through it you know yeah i just go no don't just don't just assume go look okay now if we actually take a look at this so when i look at this there's a plethora of stocks that are in that number three category now scripts aren't guaranteed for accuracy but if we actually see a lot of stocks in the number three there could be a lot of stocks that have momentum and trend but there are some stocks that are showing really number one and number what is number one again go back to that sheet well number one would be stocks below both moving averages so when you look at that column really what you're going to notice is that it's telling us something about trends in general without even looking at a list now the one thing i'm just going to mention here is if someone is a fan of let's say relative strength historically we had a tool before and you could see relative strength over time compared to other sectors and or industry groups that's really what this is the stocks that really have let's say green maybe across the board are showing relative strength compared to the s p over time not just a point in time but over multiple different time periods which is leading the investor to think this is not just short-term momentum but this might be more of a sustained potential trend the last thing i'm just going to make mention on this is that right there is go hold that's a bullish bounce the 20 in the 55 day those are used as potential breakouts and if we've talked about the 10 30 and if you ask me hey james is it the 10 sm or ema never said that the 10 day sma in my life okay i've always talked about the ema okay and i talked about the reasons of that it's attract the momentum so what you're going to notice is on this sheet we could actually see which stocks are also showing moving average crossovers the x would mean is trying to cross over today x plus one really means it crossed over potentially a day ago okay so this is actually really on one sheet of paper here now i want to kind of turn this now and kind of go to a question that bill had remember i said one of the points of these scripts is a way to track and evaluate so this is a way on one sheet of paper to evaluate but how do you really track well and and how do you manage well let's bring it up okay so one thing we could actually do is remember i said one of the ways someone could actually use scripts is you could go to the market watch quote page that's what we've been doing but if someone said james i'm on the monitor page monitor and how does someone use maybe that i think we might be good let me know if you can actually hear me or see me okay good all right good we're back you know all right so i i haven't moved forward i'm just gonna held it right there and uh so we're back sorry for the delay we just had actually a uh commercial break okay all right the question from bill was how do we actually see these scripts whether we're actually on the mark excuse me on the monitor page well if we actually go on the monitor page okay this is where we're going to kind of take it more uh uh really kind of in terms of really being more practitioner oriented the investor has positions okay the one thing that the investor needs to do is they've got to go over here to the right-hand side and if we click on the right-hand side where there's actually three lines there's now going to be where it says all layout new layout do you see where it says new layout do you see that the scripts are not going to work unless you go to the new layout you need to go to the new layout if we go to the new layout what you're now going to see is you can actually cut you can categorize your uh your investments by what type of strategy they are so example given if i actually went down and i said hey there's cf there's a hundred shares of stock bill this is for you okay if the investor says i have 100 stock and this is a stock example they can right click on that line they can go to move to group and they can add a group okay so if you said james this is a stock position i want to make a group called stocks then click on ad group and type in stocks when you do that what you're now going to see in this case is it will show cf and you're now going to see that you can have column headings now i've said that we're column headings a couple times here today and if you go over to the right you're going to see on the you're going to see the gear now when you click on the gear dad gum it that's like the eternal symbol for like setup okay well you could actually change the column headings and if you actually go to let's say that gear you can actually on the left hand side since you if the investor said james i already put in trend already you could actually go down and say ah there's that trend now the first thing we actually did here today is we showed how to put a script on if you put on the transcript it's already on your platform all you need to do is is literally we back this up you could actually go back to this is probably how yours looks it's an old layout new layout once you actually go to this you're actually going to now see there's the gear all you want to do now is click on the gear and say what are some of the column headings that you really want to actually have now example given okay how many of you have ever ran let's say a search before or a scam you go to the scan tab right there you go to scan and let's say the investor says hey james i ran a scan where i'm looking for a stock to be greater than 35 bucks hypothetically i'm looking for a stock example given to be over 2 million shares but i want to see for example not just in the list of let's say 30 stocks i really want to see it maybe in a bigger list okay i'm not going to argue with you if you just don't if you just for example chose two criteria that's it stock price and volume and you said scan what you're now going to notice is here's a list of stocks well remember all the way over to the right what you're now going to see is we can click on the gear i know you're going to go well you should know where i'm going to go if we click on that gear we can actually say customize and if someone said hey james could i actually see the stocks that were maybe in different types of trends where it could help me see where's the stock in relationship to the moving averages if we did that i can now click on add item click on ok and now what it's going to do is it's going to i could actually put in whatever see whatever stocks and what type of trends they're in or what type of for example implied volatility is they are etc so that's how if you on market watch quotes it could take your personal watch list or an index list less than 50 stocks the investor could also use those scripts on the monitor page which i just showed you how to put those on or if the investor is let's say hey i'm running let's say example given a scan and i want to scan maybe example given in the let's say s p 100 i want to look at the whole thing and they want to put in the criteria and and scan it and you could actually add one two three whatever you want to actually see and those scripts are also going to really try to come in there as well now i want to kind of go back to this okay one thing just real quick before we do some fast fire on some stocks a question that's asked is what do each one of the columns mean someone asked me that question the reason why i did this class in this way is because i think people aren't really seeing that when you go to the very top to my page there's the top of the page scroll down if someone said i don't really know what they mean i'm not sure if you're really reading what i wrote and it hurts it kind of hurts my feelings if you don't read what i wrote there that's kind of important so now what you're going to notice is we can see what the column heading is what's the purpose and what's the code so someone said james when it says cohold what is it what is it and what's the purpose well it's called a bullish bounce setup okay now let's talk so first off is this helpful to have this on a recording and i'll see if they can't take that uh commercial breakout in this recording but is it kind of helpful to kind of see where are the scripts what are the scripts how could they actually be used whether it's on the market watch or how can they be used let's say in a scan or whether it's on actually uh the monitor page and i also want to kind of make just kind of touch upon this point they can also be used even on the charts as well okay now well so so bill says my problem is there's no trend available items so here's uh that i would actually need to check about you might want to talk to tech support about that but it will show up in the market watch items available yeah i would actually talk to the tech support and say why is that because if it's showing if that's showing on the market watch it should be able to pull up on the monitor okay good now let's kind of talk about kind of how to look at these scripts from the really the point of trend now remember i think sometimes we can make it complicated okay if we actually take a look at this we can actually see that when we actually let's say look at trends in general we could actually also see these and i'm going to scroll down to this one right now i can actually scroll back up top if i actually take a look at this we can actually look at this and we could actually see we can rank by a year to date percentage now why would an investor do that well they might really look at year to date percentage because they really want to see what stocks are really trending if someone actually put year-to-date percentage on that market watch tab it's going to show the stocks what their year-to-date performance is so far now here's the deal if they're positive for the year that does not imply that they're going to be positive going forward it's just showing a year-to-date return so far if we looked at the stock let's say lily that's down 10 then what do you think is what what do you think the charts going to look like okay so the investor might say i'm going to look for maybe stocks maybe kind of let's say at least some positive returns higher and or more positive now what i'd like to really do is let's kind of talk about some stocks and let's look and see if we can't get two examples here now if we were to take a look at this one of the stocks that actually kind of came up here and i'm gonna if you don't mind i'm gonna kind of bring it up right in this sample watch list that we just made and i'll even isolate this but if we look at pgr this is called progressive now if you take a look at progressive this is a stock right there where if we look at the relative strength it's the green color green color is actually saying it's just been in the last 21 trading days it's really been outperforming the s p over the last 21 days could it continue if we actually take a look at this it's actually showing a potential bullish bounce setup i would know that if i read that first note on my twitter page cohold stands for close about the high the low day and it's viewed as a potential bullish bounce setup now this class is really talking about taking a look at taking looking at the trends weeks to months if we look at this is this something that's really showing a trend yes or no and as i'm kind of kind of getting an answer i kind of see the here here whoop okay here there there i'm kind of seeing on the way up there's been higher highs and actually higher lows and now what you're going to notice is if we take a look at this we're kind of saying is this maybe starting to scoop up and on the bottom which many technicians like to use maybe something like a macd are we starting to see a rotation up on the macd now i'm going to talk about stocks here okay if the investor said james i want to buy the stock and i want to set the stop below that horizontal support level okay let's say it's 106.97

and where are you getting that number i'm just taking this recent area of support less two to three percent well if we actually took 106.97 less two to three percent the investor might set a stop at 103 76 day gtc this is really kind of more like a classic really uh bullish trade on it stock trending up in the shorter term trending up on an intermediate longer term basis now the daily chart is really going to give us a sense of intermediate but short term and intermediate but if we were to let's say look at that three year weekly chart this is what it looks like as well okay we look at that chart three year weekly chart it's actually near a brand new high recently got above 105 maybe making a higher low really on that longer term chart now that's trade number actually one here today now i'm just going to verbally speak to the facebook example okay this paper money account is going to confirm and send this remember how the stocks work it's saying if it gets to that price or less sell the stock a stop is a market order if the investor's okay with that i'm gonna send the order now how many of you last night really and i'm just gonna verbally speak to it tell you where it's at how many of you actually saw facebook get absolutely smashed yesterday okay now some of you remember in the paid money account we talked about doing a bearish trade on facebook okay now give you a quick update i'm just verbally going to speak to it it was a short call spread over the earnings 96 it's pretty much done okay and then if we actually take and that was on two contracts in the margin account and and i know some of you asked about this so i'm just bringing it up as far as where it's at if we actually take a look at this the ira which is the bigger dollar account of six contracts it's pretty much burnt toast okay so those are those are pretty much if the investor said hey you know i got near 100 there you go okay now let's take a look at another one another one of the stocks that's kind of let's say creeping up a little bit and this one's shocking is a stock like ibm now this stock was like left for dead okay but if we look at this stock as of lately it's kind of back up near this area of resistance where do you see resistance on this chart you see any resistance on this chart now if i were to draw resistance i might say maybe right about right here but james where do you find the examples that you pull up in the classes all the time pop the scripts pulling up the scripts on the market watch the scans etc same thing every time and that's what's nice by the way there's not just one script a script is a search and each one of those columns is a search okay now if you take a look at this ibm also kind of really has and maybe this is the eye of the beholder maybe it is okay can i have on this hand side like maybe like here and then it comes down like this and then it pulls back am i stretching this too much okay what the pattern actually has something like that where you actually see maybe in this case where you have kind of where it goes down slightly then bigger then not as much wouldn't this maybe be like a potential head like an inverse head and shoulder perhaps yeah that that might be kind of like that example now the idea is could it really break resistance now if we were going to look at this now by the way it also does have an upcoming dividend right there as well so note that now by the way this if we kind of look at this some investors who are maybe trading the trend weeks to months they might look for longer term type of patterns that it's not just going to be that it goes to the price target in two or three days from now then it really might take more time 115 being the low really 137 really being the high this is really about 22 width from support to resistance that actually might give for example let's say 159 now i know what you're thinking you're like ibm okay i know but sometimes the stocks that have lower correlations to the market they actually might potentially do better if the market overall was to fall down the stocks that have been correlated to the market many of them got pushed down the stocks that haven't been as correlated to the market they might kind of be more potentially immune to what's happening in the index itself now if the paid money account said look it's going to buy the shares of stock okay it's going to right click on this go go right here to where it says buy custom with stop now remember what we actually said earlier this year with a paypal account you know it it's going to show examples of setting stocks but it could also show examples of maybe using options as protection if we were going to go down and say where's maybe an area of support i wonder if the investor said in this case 131 28 and let's say went less two to three percent that would actually give let's say a stop at 127 34. okay now let me stop right there so those are those are two paper trade examples okay so if we take a look at this the first trade we actually did was pgr the second trade we actually did was uh uh ibm what's surprising is when you look at let's say in the in the healthcare sector you look at staple sector there's many stocks like hershey's mckesson mkc schmucker's sjm cme which is not uh that's more tech ish and johnson johnson healthcare it seems like we're seeing a continued theme of some investors being willing to rotate as far as what they're really interested in the last thing i really want to bring up is some of you have really asked what is in the wooden box behind me now uh as i show you this okay so what's in the wooden box okay let me actually see what it really is okay let me pull it up and what it really is it's an ipad and some of you for example are wondering do i have to be sitting down in my chair to really actually have these actually tools available the answer is no so right on my twitter page i took a really a screenshot okay uh really if the investor said hey james i want to actually use these tools but maybe on a mobile device as well what you will notice is this was just looking at let's say unh and s p 100 and what you're going to notice is on the column headings weak percent month percent year to date 10 30 etc the investor could also have this whether it's a mobile device whether it's actually a phone and so i'm just going to kind of tell you that wherever you are if you have data scripts is another way to say search and it's really technology and so i wanted to kind of really show this on a session i'll cut the middle out where we had that station identification okay commercial break but i want to kind of put this on one section to kind of show you the capabilities of the platform no there's no candy bars in there no not allowed now i'm out of my time here today what i want you to do as a takeaway i want you to really take let's say one or two scripts only that stand out to you if you say james i like that year-to-date performance if you said james i like for example the moving average crossover that's all i want to do just take one or two practice putting it on and i want you to practice identifying the trends and evaluating those for potential setups maybe on a dow list or a personal list and practice using the technology whether it's on a platform or a good old mobile device okay wherever you go there it is with that said i'm out of my time here today thank you so much for your comments and your participation and your patience as we have that commercial break with that said i wish you a great day stay tuned for our next webcast coming up right at the top of the hour take care bye

2022-02-04 22:21

Show Video

Other news