HOW TO: Picking Winning Stocks To Swing Trade Using Finviz Screener (Step by Step) | Dark Money Scan

This is a Step by Step tutorial on how to use Finviz screener to pick winning stocks to swing trade. I call this "The Dark Money Scan".

Picking stocks to swing trade and day trade can be quite simple once you have an idea of what best fits your trading style. If you have been wondering how to pick winning stocks, this scan has been quite successful for me.

Keep in mind, I do understand technical analysis and have been trading stocks for quite sometime now. The stock market has a lot of risk involved so it's always best to think of yourself as a risk manager.

Finviz and Stock Charts are both great free resources to use to pick and develop your winning swing trades for stocks. I use the finviz stock screener in this video and walk you through the 3 filters I use for this setup.

THE DARK MONEY SCAN:
The idea behind "The Dark Money Scan" is that we are looking for stocks that have all of a sudden seen a huge increase in volume but the price has not made a significant move to show for that type of volume increase.

One of the main filters we use is Relative Volume (RVol). RVol is a ratio. It is derived by comparing current volume to average volume for the same time of day. Finviz Screener compares it to a 3 month volume weighted average.

When you run the scan you need to use your technical analysis skills to determine if a stock looks like it is about to break out, or perhaps it already broke out but could be over extended and a pullback might occur.

I go over 2 different charts and walk you through how I would potentially trade them.

There are many ways on how to use finviz stock screener for finding and picking swing trading setups. This is just one of the many ways!

STOCK TRADING PLATFORM I USE.
○ Webull (GET 2 FREE STOCKS): https://bit.ly/3i5U591

MY FAVORITES - https://amz.run/3JLv
○ Book Recommendations
○ My Studio Setup
○ Morning Coffee

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VOLATILE STOCKS FOR DAY TRADING AND SWING TRADING WITH HIGH VOLUME (HOW TO FIND)
https://www.youtube.com/watch?v=VC327ko8DfE&t=18s

ARTICLE REFERENCED:
https://stockbeep.com/the-importance-of-high-relative-volume-rvol-in-stock-trading

DISCLAIMER: I am not a professional investment advisor, nor do I claim to be. All my videos are for entertainment and educational purposes only. This is not trading advice. I am wrong all the time. Everything you watch on my channel is my opinion. Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel :)

#PickingStocks #Finviz #StockScreener