Page 433 - THE MARKET WHISPERER

THE MARKET WHISPERER 42 9

coming day’s trading and their trigger points (entry, stop loss, targets), a
technical and fundamental market review for the previous day, predictions
for the coming day, charts and analysis referencing the main sectors and
indicators, a list of specific stocks due to announce quarterly reports or
important statements, lines of support and resistance closest to the main
indices, a review of important upcoming market announcements and their
publication times, and an updated follow-up table with targets and stop
loss points of stocks in swing.

Sample of Stocks Table for Intraday Trading as Publicized in the Report

Managing a Watch List

Many traders prepare a list of stocks for follow up. Generally, the list runs

from dozens to hundreds of stocks, sometimes up to two hundred. Later I

will explain how to prepare your own list. What characterizes these stocks

as desirable is their high volume and volatility. The symbols are entered
into the trading platform under the Watch List field. At one click on any

symbol, that stock’s chart opens.

Every day before trading begins, traders manually check the charts

for those stocks they are following as they look for technical entry points.

Stocks identified as having potential for trading will be divided into three
sub-groups:
1. Hot shares – which are close to their trigger point (planned entry point)

and seem likely to be traded that day
2. Rising shares – showing an uptrend and which could enter the “hot” list

over the coming days
3. Falling shares – showing a downtrend and which might enter the “hot”

list over the coming days for shorts