New Feature: Define Your Tradable Universe of Stocks

August 10, 2016

People who are subscribed to one of the Pro plans can now specify the default search criteria for all of the scans on this site.  I think of this as defining your "tradable universe" of stocks.  Until now, by default the scan pages loaded with some settings that I chose -- minimum average volume of 250,000, minimum price of $10/share, stocks only -- no ETFs...  If you wanted something different, you had to adjust the settings every time you ran a scan.  This new feature will allow you to narrow the scan results down to exactly the type of stocks (and/or ETFs) that match what you're comfortable trading.

Well now you can set your own default values once and have them applied whenever you load a scan with no parameters.  You can reach the 'Scan Preferences' page via the main menu.  Go to Account -> Settings -> Scan Filter Settings.  You'll be presented with the form below. 

Just choose the values you want and click save.  From then on the scan result pages will only show stocks which are in you 'tradable universe'. (Unless you click a link which has different parameters embedded into itself.  Some of the links on the site are like that.)  You will still be able to manually adjust the parameters if you so choose, just like before.