By the end of this video, you will have a complete understanding of how to spot winning stocks before they gap up all I ask for in return for this video is that you hit that beautiful like button. And also if you C value subscribe for more short, sweet simplified videos on how to trade the stock market. So my favorite way is to create an Automatic Watch List. This is an automatically updated list that provides you with second by second stocks that fit your trading criteria.

So that's to say that the minute one no longer fits your trading criteria, the list updates. it gives you one that does. so. This is really neat because it makes it easier to watch the overall market while you're actively engaging in another trade or analyzing other charts.

My two automatic watch lists are the Hash Tag Winners and Hash Tag Losers. The Hash Tag Winners searches for stocks that are gapping up over 10 percent and have a few other specifications which are going to be going through. But basically it helps find Momentum Place and the Hash Tag Losers category shows me stocks that are trading below the oversold line on the RSI and have a likelihood of going back up. The Hashtag Losers Watchlist is the single most important watchlist that I have, because even though it's a loser's watchlist, these are the stocks that are likely to provide a great comeback if we start seeing signs of a reversal.

This is because if they are oversold and start gapping, up, there's a more defined amount of upward potential. That being said, the Hash Tag Winners Watchlist helps me find some Momentum plays and see the overall live winners for the day. Okay, so to set these up you just have to go to create scan query. We'll start with the hash tag Losers Watchlist I'll name it Hash Tag Losers - because I already have one set up.

So first we'll set volume. This is where I really think most traders go wrong in terms of finding the best plays. And the reason is because the common philosophy and a lot of communities online is that you should just avoid low volume stocks as if they were like the plague or herpes or something of that sort. And yes, they're right in a sense that you write that you don't want to trade stocks that have low volume due to low liquidity, but it's a horrible idea to leave lower volume stocks out of your scamming, because just because they have a low average volume, doesn't mean that they're always going to be low volume.

This is one of those scenarios where ignorant really is not bliss. If you look at a large amount of the biggest percentage gainers day after day, you'll find that many of these were actually low volume stock. And then as they started to gain momentum drew more people into the market and and the screw in terms of volume. This is also true for news and earnings winners.

A lot of the smaller cap stocks fall into these categories and are generally low. Very low in terms of average volume, but gained volume very quickly when the news or some sort of earnings announcement comes out. Thus, if you are excluding lower volume stocks from your watchlist and scanning, you are unnecessarily handicapping yourself right out of the gate. But anyways, five to ten thousand an average volume should do the trick.

If it was lower than that, you get stocks that are a lot more sporadic, and while we are probably still seeing some that are a little bit sporadic, it's just not worth the extra list pollution for the lowest price. Set this based on the types of focus that you have. I Generally just like to avoid stocks that are priced under fifty cents when scanning. I Do sometimes trade smaller stocks than that, but it's only when they have some sort of big news catalyst or are in the FDA approval process.

That being said, I Can't think of many stocks recently that went through the FDA approval process that were priced that low, but nonetheless set this to D stocks that you were focusing on. The next is the percentage change for my hash tag Losers Watchlist I Said to a minimum of a negative 15 percent and increasing. This is because the hash tag Losers Watchlist should be filled with the losers that aren't too far gone. You don't want them to be too far gone.

This is because ones that aren't too far gone. intraday tend to make faster recovering positions if we do see signs of an uptrend. The analogy that I like to make with this is the fact that every family has sort of that deadbeat cousin or extended family member that sits on the porch and yells at squirrels all day and every time you see him, you're like Billy Stop yelling at the damn squirrels. It's the same thing with these oversold stocks.

The point here is he's gone past the point of no return. And likewise, once she's past the negative fifteen mark intraday. Unless it's a fundamental news or earnings overreaction, it's not going to be worth keeping on your automatic watch list. So the next part is adding an RSI Study filter.

The RSI tells us whether a stock is oversold or overbought. and since I focused on buying oversold stocks, I'll set the Losers Watchlist to show me when a stock is oversold by filtering out the ones that aren't to do this. Go to add Study Filter custom custom Study looked up the filter type in RSI hit crosses below since we wanted to alert us when it crosses below the over sloped line type in your value. this is going to be set to 30 because that's the oversold line and then save and the next thing you'll want to do is set this to the 1 minute time span.

This is the time span that the stock is oversold in. As you know, the RSI has different indications depending on time span and thus you'll need to specify to the platform which time span you're looking for and then save and perfect. Now you have your hashtag Losers Watchlist. If you want to, then switch out of a current watchlist, then just go to the current watchlist and hit personal and then hit the new one.

So for the winners list, I'll just show you the criteria that I've set so that you know the steps to set it up yourself for hashtag winners Set percentage change I Don't really declare a stock a winner until it's over 10% and if I'm looking for a Momentum Plays, this is sort of the threshold where I'm thinking to myself that this stock might be a runner. That being said, if you've watched my videos before or A or are a member of Zip Trader Circle, you know that I generally focus on stocks that are oversold and showing signs of a reversal, but this list is great to figure out what's going on with the market as well as keep up to date with certain hot takers for volume. I Like to set it at around 10,000 Again, that doesn't mean that I'd be willing to trade low volume stocks, but it's important to realize that lower volume Momentum plays tend to bring more players into the market and thus as a result increased volume. Usually that happens before 10 percent, so in effect.

This doesn't really make much of a difference when pairing with percentage change, but we do it anyways and again I Care mostly about stocks that are trading over 50 cents. This is even more important in this category because if you set it too low, you'll get all the 4 cent stocks that are going up like 10 percent a day polluting your list. and those aren't ones that we're really trading. So you'll miss a lot of the other better plays in order to get those on the list.

And this is, you know, list pollution. So I encourage you to play around with these a bit. But I should warn you if you make the criteria too harsh, you're going to filter out more stocks and at a certain point you may not have anything that matches your criteria. Ok, great.

So the automatic watch list is for sure one of the best ways to find intraday position. However, there are other steps that should be taken to avoid missing out on some of the best place. I Always scan for stocks the night before and post it on the Zipp crater. Circle Facebook Group It's completely free.

Most important line here is the oversold and increasing on the year. This is because we want to look for stocks that have a longer period of being oversold as compared to intraday over selling. If we were looking for swing positions, we also want To focus on finding larger amount of upward potential for these as well. But the key here is that it's not only oversold, but it's also actually already actively increasing.

This is the first sign that we might be seeing some upward potential realized in the near future. Anyways, I Hope this video was helpful if you are still lost. I Invite you to use our nightly newsletters and watch list to find stocks to put on your watch list until you get a hang of how to do it yourself. As always, have a great day folks and I'll see you in the next video.

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