We use them all the time.
A stock screen is a robot.
So why am I still saying no thank you?
I use stockscreens day in and day out.
I use them for trade selection, and I use them for long-term stock selection.
…(here comes the hammer),…
…the final say is mine.
I’d like the human touch to answer yes or no.
Also, out of say a hundred selections, I can still say no to all.
And, if something catches my eye, I can dig deeper.
I’d like to keep all these things in my hand.
I’d like my market approach to be with open eyes and usage of common-sense.
So where are we exactly?
Somewhere between one-fourth and half robotic.
That suits us.
We save hours of sweat labour.
After sweat labour has done its work, we start applying our minds.
We take over where the robot has left off.