9/08/2010

How to find opportunities using news

10 comments:

Cool Cal said...

Good post on the how to find....but what about entry method? You say "move next day" but if your method is to hop in at 10:00 AM and the move happens on the open, you're sunk. Can you share entry/exit methods based on this?

Pradeep Bonde said...

If from news I think GMCR is likely to make 2 dollar move I would buy it after hours itself. Same way on earnings if I think the stock is likely to make 20% on earnings news I don't wait for open. The exits are function of price targets. If I decide that this stock is likely to make 20% move then my exits will be based on that. Besides that I have number of exit guidelines like exit on a big 10% plus move in a day if that was not anticipated move. and other things like exit if stock does not make certain % move within certain time period post entry.

Banenga said...

Pradeep,

I have no idea how to read the financial news, but I am very keen on learning. Does your premium service offers any help on how to analyze news?

D said...

thanks for the video updates, helps give us more of a "glimpse" into your system for finding stocks in play, keep the setup posts coming, i think finding stocks in play and the specific method behind that is the foundation to great success as a trader

Pradeep Bonde said...

Banenga
Yes. EP strategy is based on news analysis. You can read all the posts on this public blog for Episodic Pivots, that should give you all the information needed to analyze news. The members site has more details on it.

genkumag said...

Pradeep, am having difficulty setting up a Paypal account (hassle of linking a credit card for first time users). Are there other modes of payment (i.e. direct credit card) I can use to join your membership website?

Pradeep Bonde said...

Send me an email at easyguru@gmail.com. People pay by many methods including checks, Money order, Amazon Gift cards and so on.

Unknown said...

Hi Pradeep newbee question here planning to buy between benzinga and briefing. What are you thoughts on Benzinga pro? as I think most of briefing covers are only mid cap and large cap stocks.

Pradeep Bonde said...

I have only used Briefing so no experience of other service.

Unknown said...

Thank you Pradeep, you are my hero when I become a millionaire 5 years from now ill buy a boat and give you a vacation here in Australia as well.