Are you a trader looking to expand your investment portfolio by scanning US common stocks? TC2000, a powerful trading platform, offers a range of tools to help you identify promising stocks. In this article, we will guide you through the process of scanning US common stocks using TC2000, so you can make informed investment decisions.
Understanding TC2000
TC2000 is a comprehensive trading platform that provides real-time data, technical analysis, and scanning capabilities. It is widely used by both novice and experienced traders to identify potential trading opportunities. One of the key features of TC2000 is its stock scanner, which allows you to filter and analyze stocks based on various criteria.
How to Scan US Common Stocks Using TC2000
Open TC2000: Launch the TC2000 platform on your computer or mobile device.
Access the Scanner: Click on the "Scanner" tab at the top of the screen. This will open the scanner interface.
Select the Scanner Type: TC2000 offers various scanner types, such as "Stock Scanner," "Option Scanner," and "ETF Scanner." For scanning US common stocks, select the "Stock Scanner."
Set Your Criteria: The stock scanner allows you to set specific criteria for the stocks you want to scan. Here are some common criteria you can use:
- Market Capitalization: Filter stocks based on their market capitalization, such as small-cap, mid-cap, or large-cap.
- Price: Set a price range for the stocks you are interested in.
- Industry: Filter stocks by industry to focus on specific sectors.
- Technical Indicators: Use technical indicators like moving averages, RSI, and MACD to identify stocks with strong technical patterns.
- Fundamental Analysis: Filter stocks based on fundamental factors like price-to-earnings ratio (P/E), price-to-book ratio (P/B), and earnings growth rate.
Run the Scanner: Once you have set your criteria, click the "Run" button to start the scanning process. TC2000 will analyze the market and display a list of stocks that meet your criteria.
Review the Results: Go through the list of scanned stocks and identify those that align with your investment strategy. You can further refine your search by applying additional filters or sorting the results based on specific criteria.
Case Study: Identifying a Promising Stock
Let's say you are looking for a small-cap stock with a strong technical pattern and a positive earnings growth rate. Here's how you can use TC2000 to find such a stock:
- Set Criteria: Set the market capitalization to "Small Cap," select a price range of
5 to 20, choose the "Technology" industry, and set the RSI indicator to be above 70. - Run the Scanner: Click "Run" to start the scanning process.
- Review the Results: From the list of scanned stocks, identify a stock that meets your criteria, such as a small-cap technology stock with a strong RSI reading and positive earnings growth.
By using TC2000 to scan US common stocks, you can identify promising investment opportunities that align with your investment strategy. Remember to conduct thorough research and consider other factors before making any investment decisions.
