New Screening Strategies

I need to revise my strategy. What I’d like to do is come up with some competing strategies and then test them out in real world situations with less money invested. With SogoTrade I still have some free trade time left so I can trade with small amounts without worrying about the commissions eating up any profits.

I’ve come up with three basic strategies, “A” being the one I have been using and then “B” and “C” being two new ones.  These are their current screen results (as of about 2:30 PM.)

Strategy A
(based on 10 day SMA)

SRS $22.50
DUG $19.65
FXP $16.15
CBI $11.51
GRM $3.10
GU $2.69
GBM $1.43

Strategy B
(based on 25 day SMA)

WAL $6.46
GU $2.69
GM $1.64
EMKR $1.27

Strategy C
(based on 5 day SMA)

SRS $22.50
DUG $19.65
FXP $16.15
CBI $11.51
WAL $6.44
GRM $3.10
NGD $2.38
DNN $1.92

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Some of these stocks are showing up on more than one which means they are crossing multiple moving averages at once. I don’t know. Maybe it’s a good idea to look at all three and see if any stock jumps out at me?

Maybe the real key is being more selective (based on chart patterns) of which stocks I buy into rather than what screener I’m using? In other words perhaps the real key is screening my screener?

Maybe I should try something entirely different? Instead of looking for stocks bouncing off lows (like I have been doing) maybe I should take a more traditional approach of looking at stocks making new highs?