Keep It Simple as You Scan for Stocks

	Alan Farley The Street.com
Top Market Analysis and Investing and Trading Ideas from over 35 of Wall Street's Best Minds including portfolio managers, traders and journalists - Try it for 30 Days FREE

It's easy to uncover great trades using well-constructed market scans. In Tuesday's column, I examined scanning basics and showed how to build filtered watch lists to hold the most promising output. Today I'll look at scanning hierarchies and deconstruct one of my favorite formulas.

Some traders think scanning is a one-step process that should highlight a few stocks they can play immediately. Unfortunately...

Click here to continue reading this article (ask questions) and receive 30 days FREE to all of TheStreet.com RealMoney, which features top market analysis and investing and trading ideas from over 40 of Wall Street's Best Minds including portfolio managers, traders and journalists.

"Alan Farley will be available for questions until Monday, November 8. Don't miss this chance to ask your questions using the below form.