Smartscan Formula- How To Find Huge Stock Moves Before They Happen
Finally…. after many delays and general laziness. Here is the first two modules of SmartSCAN Formula. This was going to be a paid product addon to my book Trading Master Plan and based on the time and effort I put into it I was going to charge $97 for it. But because it took so long to get it done and released I decided to just give it away… that’s how I roll.
Module 1 gives you an introduction to SmartSCAN Formula and shows you how to use free tools and scanning methods. I made this module over three years ago (my video skillz have improved since then) and there is over 2 hours of video in this module.
In Module 2 I show you how to use Stockcharts.com Extra membership to build and filter your watch list. I also show you how to run and build scans and discuss the nightly scanning routine. I made this module last year and it is nearly 2 hours long also.
In a couple days I will be releasing Module 3. Which will show you how to use the Swingtracker scanning software.
Enjoy the videos and please leave a comment.
Tags: find stocks, stockcharts.com, watch lists, stock market <BR/>
Hello David,
I’m not certain what happened, but I didn’t receive the new version when I downloaded – rather I got a link to a purchase page.
Must be the way I hold my mouth when i’m typing!
Regards,
Mike
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Dave Reply:
March 30th, 2010 at 10:24 pm
Hi Michael,
I just emailed you the link you need.
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Wow, thanks for sharing. Great videos!
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Hi Dave,
It’s just fantastic to see you back on line.
Of all the products I ever bought or saw I regarded yours as the very best I
found. Heartfelt thanks….
Looking forward to more…
Regards
Mark
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Dear Dave
Thank you for persevering with the project, and for offering such great value to your customers with these updates. It is, in my experience, a rare thing for such great after-sales service to continue over a year down the line. So thank you.
Regards
Glenn
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Have you ever looked at StockFetch for your scanning needs? I’ve got a 3-mo trial version running right now and it’s about $9.00/month.
Just wondering what you thought about it.
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Dave Reply:
March 30th, 2010 at 11:44 pm
Hi Barry,
I mention stockfetcher.com in Module 1 but that was the free version which is quite similar to stockcharts.com. I haven’t used their paid version. It looks like they have made some changes over the years. Again it looks similar to stockcharts and I’m sure it’s a great tool when you start to play around with it.
I’ll have to take another look one of these days.
Dave
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Dave, How refreshing to find that you have provided such meaningful information and practical demonstrations of scanning and watch-list building. I have watched only the first recording and will certainly watch the second soon. My wife needs to get on the net for a little while. Meanwhile i will be typing up my notes for reference.
Please excuse me, what i really want to say is that having been trawling through many websites, newsletters and trials of this and that it is so uplifting to meet an honest broker so to speak who has delivered real material and not simply sales jargon wrapped up to look like something worthwhile. So congratulations and thank you sincerely. Alex
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Dave Reply:
March 31st, 2010 at 1:19 pm
No problemo Alex, I will be posting Module 3 on Thursday so you can catch up on the long weekend if you want.
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Has anyone tried with the optionsXpress:
The Screener – to find the opportunities
Strategy Scan – to analyze
and the Xtend platform to manage?
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Dave Reply:
March 31st, 2010 at 1:17 pm
Hi Thomas,
I used Options Xpress I looonng time ago I don’t think they had the advanced screener at that time. I will have to take another look.
Right now I’m using Think or Swim.
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Hi Dave,
Good to see you back, I really enjoyed your excellent book and look forward to working with the scans, similar to you I have devoted much of the last few years caring for my mother who has now sadly passed away, so we are both up and running again. Good luck,
David
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Dave Reply:
March 31st, 2010 at 1:15 pm
Hi David,
Thanks for the support and I’m sorry to hear of your loss.
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Hello Dave,
Thank you !
This is an overwhelmingly generous gesture – can’t wait to devour it.
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Thanks, Dave!!
I needed the “sanity check”!
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Thank you very much Mr. Dave Gagne. Will go through the video and try to extract any and every thing useful for investment and trading.
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Thanks, Dave!
I have gone through first set when I bought the book. I will go through the second one and to be put third one also.
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Hi Dave
Many thanks for the updated info. I must admit that I bought your course a long while ago (2 1/2 years ago) and read through everything several times and watched the videos. It sort of got put on the back burner since there, what with work and trying to follow forex. By sending me the latest versions it is the kickstart I needed as whilst although I have been doing a bit of share stuff it hasnt been enough and the retirement draws ever closer.
Thanks again Dave as I really didnt expect such a big update so long after my initial purchase and some other people might have tried to charge for it
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Dave Reply:
April 3rd, 2010 at 6:14 pm
Glad you’re enjoying it Dave. I was planning on charging for these videos… three years ago when I supposed to finish them.
But I figured it was long overdue and I wanted to show my appreciation to all my subscribers and clients.
Plus I can get enough of the kudos… it makes me feel warm and fuzzy
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Hi Dave,
Do you know a free site where the Spring Up/Down scanning codes can be built?
Thanks,
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Dave Reply:
April 6th, 2010 at 12:06 am
Hi Reese,
Sorry I can’t think of any that are free. Perhaps the Yahoo screener from module one could make something close. I’m afraid it does take a little bit of dough to get more tools that do the job.
If I come across anything or if someone else shares something I’ll let you know
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Hello Dave,
Like your course material very much!
I have a question about a setting in stockcharts; I noticed that you leave the box next to “log scale” checked and I was wondering why you do that.
I would think that if the shape of candles is important, that you would want a candle showing, say, a $1.00 price difference in the higher price range be of the same size as a candle in the lower price range. With the “log scale” on, are you in danger of creation an “optical illusion”?
Thanks,
Peter
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Hello Dave,
Thanks for all the good stuff!
I have 2 questions for you:
1. You are pretty open about the (software) tools you use; can you recommend a broker to buy the shares from and to open an account with?
2. I’ve pretty much seen all the videos but as far as I can tell, you have not mentioned software such as MetaStock. What is you opinion about software like that?
Thanks for sharing this knowledge with us.
Peter
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Dave Reply:
June 5th, 2010 at 9:51 pm
Hi Peter,
I’m currently using Think or Swim, I love their platform. I have used Ameritrade (TD Ameritrade) and Questrade in Canada. Interactive Brokers may be another one to take a look at.
I have looked into Metastock but I have not used it yet. It looks like a very robust program with allot of flexibility. I’ll probably take a look at it some day because it does look really good, but right now I’m doing fine without it (if it aint broke).
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Hello Dave,
A follow up on my previous question, if I may.
I just looked at module 3 (Swingtracker).
I would like to start paper trading and I am considering purchasing either Stockcharts or Swingtracker.
To me, Stockcharts seems good enough to start with but I can see that after some experience I would like to “upgrade” to Swingtracker.
Would I loose all the portfolio, and history, I built up in Stockcharts? Would it be smarter to start using Swingtracker from the start?
Thanks for your insight.
Peter
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Dave Reply:
June 5th, 2010 at 9:55 pm
Hey Peter,
It really boils down to personal preference. I really like the Stockcharts.com charts and some of their features are really good. However I really like some the features and scans offered by Swingtracker.
They are two separate services from two companies so yes any portfolio info would be lost or have to be set up again in Swingtracker if you wanted to move from Stockcharts.com.
Either one will do the job.
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Hey Dave great vids, I have written several scans using
Scott trades software. The only thing is that it is cumbersome to use and only works during the cash market. I had one going that worked on a day trade basis that was averaging 90% success. But when I did it I didn’t know anything about ratios and a trading plan. And I have lost the scan since then. I have traded forex, futures and equities and now calls and puts. I am happy that you added the scanning info as that was the missing part. But were is part three? And is there a way to get your scans to back test. That is the one thing that Scott Trade offers that I like.
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Dave Reply:
February 8th, 2011 at 7:04 pm
Hi Chelsea,
Module 3 of Smartscan Formula can be found here: http://www.smartscanformula.com/watch/mod3/mod3-pr3.html
Try Google searching for back testing software. that should give you a good head start. Keep in mind the tactics are not completely mechanical so any back testing result will not be completely accurate.
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