Hi.
I’m CANSLIM trader.
I’d like to know your daily and weekly routine.
My daily routine is to check the market, review my watchlist and buy list that I screened over the weekend, and go through charts and news for the stocks in my portfolio.
On weekends, I run screenings to find new candidates. Since I just started and I’m using free tools, I use Finviz to screen for stocks with over 20% year-over-year revenue growth, over 20% EPS growth, and over 17% ROE.
If I tighten the criteria further, the number of stocks drops below 100, so I keep it a bit broader. After that, I look at weekly charts to see if they are forming a base after an uptrend.
If they are, I add them to my watchlist. Then I narrow them down further using CANSLIM criteria. Stocks that look like they might break out go into my buy list, and I use daily and 30-minute charts to time my entries.
So far, it hasn’t been working well. I often enter too early, or the stock fails to break out and drops.
I’m using Finviz and TradingView, but if there are better ways to screen stocks or apply the CANSLIM strategy using these tools, I’d appreciate your advice.