Actually I don't. I have a watchlist of over 200 companies, mostly based on volume/liquidity characteristics and from that list I'm trading entirely based on price action.
Adding some refinement to that list is on my "road map" to improve my hit ratio above 40%. Theoretically a better understanding of potential catalysts can help me remove companies from my list that are likely to put up a lot of noise and burn through a lot of stops.
Actually I don't. I have a watchlist of over 200 companies, mostly based on volume/liquidity characteristics and from that list I'm trading entirely based on price action.
Adding some refinement to that list is on my "road map" to improve my hit ratio above 40%. Theoretically a better understanding of potential catalysts can help me remove companies from my list that are likely to put up a lot of noise and burn through a lot of stops.