DAILY ROUTINE:

EARNING SYSTEM
1.Run Scan three weeks before earnings come out
2.Short list candidates for each system.

Selection Criteria:
I need stable stocks, no big rising/falling ticker. Refer to ADX is around 10. This indicates that the stock is about to break out.

Ensure current stock position is at low price level. The reason is that Institues have stock up enough for selling. And they will use earning report as an excuse to lift the stock price for public buyer.

Define price band for a week and setup entering option position base on a possible small daily spike. ONLY buy options at a "special price". (Recently I broke my own rules and got pulishment, MCK PUT, I should have got a nicer price $.40 not $.55 and the current potion should have been closed with 100% profit).

To be continue..