Simonb
There is really no real answer to your question. It all depends on the type of trading you want to do.
It sounds as if you want to trade EOD (end of day) but over what time frame, long term short term? Also as regards to using technical analysis or fundamental data, I happen to use both but my main stock picking is to visually scan the charts (I trade the FTSE 100) and look for charts that I like the look of and then whittle them down from there.
TA is my main tool but I usually look at the company fundamentals as well. one of the other thing I look for is how the sector is performing against the FTSE, finally I wait for an entry signal check for any news on the company that might effect my decision (x div dates. bad press, etc) work out my stop loss and pull the trigger. there is a lot more than I have mentioned above but in general that is how I find trades.
I also suggest you read the thread on beginning to trade.
Hope that Helps
Regards Dave
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