Ryan Tonking | Black Room Lessons

I often get asked how to find stock patterns. With over 1000 stocks in my day trading universe of possible patterns, it’s impossible to catch every pattern as a discretionary trader, but missing out on a bunch of nice patterns doesn’t work either. Having a scanning routine at certain times of the day helps me narrow down my universe list to a basket of stocks that will most likely give me a pattern. This is more manageable to work with and frees me up to focus on the best stuff of the day. This will be a 4-part series that covers gaps, relative strength/relative weakness, 15min patterns, and more!

(Click for Part 2 of the series)