Where do you get your daily trade ideas?

I know one can spend countless hours just looking around for stocks to swing or day trade and then do their investigation. Just to find them, where do you get your ideas or stock buying recommendations? Newsletters, Cramer, most active traded, CNBC, etc. I would love to have a recommend to same several hours a week.

idea can come from fundamental or technical analysis.. ?

Most people who scalp generally have their favorites. (QQQQ, AAPL, RIMM, etc...) but I generally like to stick to storied premarket stocks. Premarket moves because of earnings misses or surprises and the biggest sectors that are moving have been doing well for me recently.

I agree with lucky. I'd take a premarket mover over trading the Qs though

InvestEgate - Analyst Recommendations

There are stacks around, Times and Telegraph online, etc.

I don't take as much notice of them as I should, just taking notice of the more important dates. I'm a bit suspicious of analyists!

Split

Yeah, I get all my ideas and stock buying recommendations from Cramer. He's spot on everytime. Also, I like to just jump on board when CNBC are talking up a stock. I love analyst newsletters too as they never seem to be wrong. Plus I get a lot of free tips off people on bulletin boards. There are a few odd people that get it wrong but almost everyone else is right. I think it's a fairly easy way to make money and beats doing your own due diligence. Who wants to spend hours researching a market both fundamentally and technically? You might as well get someone else to do it for you. That way it cuts down on the work. Also I like the way that you have someone else to blame if it doesn't work because I am not keen on taking responsibility for this kind of thing myself as I don't know that much about it.

Hi 10usdad -

Let the market tell you. Work out what instrruments you would not trade and never look at them again: e.g. I never trade commodities or tech penny shares, you might never trade currency etc.

Research what set-ups in TA (or newsflow) suit your trading style and strategies. Follow 1 major target until you are expert at seeing these and working your system with real money, and being consistently successful. Then add a second, then a third: try to ensure they are diverse, so you're not going to be going long on all 3 because of the same news item. Then add more. The charts will talk to you. Apply a dab of zen here.... optional.

If you're a serious trader, forget the TV news commentators etc., except for confirmation that the crowd is catching up with what you have already done, and indicating its time for you to pack your bags and clear out with the profits. If you're not long in gold before the 10pm news says you should be long in gold, its probably too late.

You are very naughty - stand at the back with hands on head and think about what you have done.