There are a lot of questions in comments about how I come up with my daily watchlist. My trading platform is RealTick (since the late 90s!), and I use their standard "gap lists" to build my daily watchlist. I don't carry candidates over day-to-day...every day starts a new watchlist based on the daily "gap lists" from RealTick.
In comments, Ken talks about how he builds his watchlist. I do almost the exact same thing, so I will re-publish his comment:
"I use RealTick like X, or at least he used to. X, do you still use RT?
Anyway, I get my watchlist from the gap lists they provide. I dump them into Excel, delete stocks prices above $100, and often delete stocks below $20 though I sometimes leave them. Then I cut and paste back into the RT program and it actively sorts by today's volume. Sounds like a lot of work, but I can literally do the entire process in less than 60 seconds. Since the earliest I take my first trade would be 10 minutes after the open, I have plenty of time to spare.
Hope this helps some of you if you have the ability to cut and paste into Excel, and then back to your trading program."
If you click WELCOME AND LINKS TO KEY POSTS at the top of the page, you will find other posts that cover watchlists, how to find gap candidates, and numerous other subjects. Here is a good post to read. And there are so many more dating back half a decade!
Trading 27-April-2016 (+ $66)
22 hours ago