Based on numerous requests, we are now
offering, as an EXAMPLE/TEMPLATE, a copy of Pascal MONMOINEs personal "DAILY NEWS LOG" file.
you decide to use Pascal
it might be very helpful to your Trading that you use some kind of "News
Log" to track and organize all the major
NEWS being released for the stocks
IF YOU ARE
TRADING WITHOUT any kind of NEWS tracking system
and without consulting it BEFORE ENTERING ANY TRADE,
you might be missing the help of this very efficient tool
and you might not be doing real "P
So PLEASE do yourself a great favor and use one system
(ours or any other) if you realize that it is indeed helping you to
improve the quality of your entries on your Trades (you might end up,
after a few weeks or months, deciding that you prefer not to use such
news tracking system but at your beginnings, you should still make it
an active part of your Trade selection process).
Every time that you are
not using ALL of the tools which are available to you to make your Trading decisions, you
are definitely NOT trading at your best, you are not
"optimizing" the quality of your trades, your entries etc... so please
give at least a try to that news tracking system to find out if it will become
an efficient tool for you or not...
You can look at an EXTRACT
from Pascal MONMOINE's personal log at the bottom of this page.
MONMOINE's own words...
"My "DAILY NEWS LOG" is a Microsoft Word®
file where I paste DAILY *
, for the stocks which I
the MOST IMPORTANT NEWS which have recently been published
This way, I progressively create a very
extensive "NEWS LOG" for each of my "married" stocks. This log is always
"up to date" and it allows
me to INSTANTLY look up, in a CHRONOLOGICAL order, the most important news on any of my
For the reasons that
you already know after reading my written COURSE, I do not read the Wall Street
Journal®, Investors Business Daily® or any similar publication and I do not
listen to CNBC® etc...
Basically, I do not spend a DIME on getting any kind of
I only use the news which I find (for free) on Yahoo!'s financial website.
I usually always check out
entering any trade. This will give me a "general feeling" (especially
with the cool concept of the COLOR CODING of the NEWS) of the most recent news
"climate" on any of my "married stocks".
also allow me to find out very quickly the date of the most recent earnings,
the date of any major news and other potentially important
(by the way, for your OVERNIGHT/SWING
using this log will also allow you to apply very efficiently our very
powerful "6W rule").
This system will also allow me, for example, to check very quickly how
well or how poorly a stock did on its past 4 earnings etc.
to chose between several possible candidates(stocks) to "carry"
money for that day, you certainly do not want to trade
LONG a stock whose news for the past days or weeks have been HIGHLY NEGATIVE (downgrades, missed
earnings, lay offs etc...)... Just use your common sense and trade another
NEVER EVER FIGHT THE
ALWAYS GO ALONG WITH
Of course, in order to be able to do that
efficiently, you need to KNOW WHICH WAY the tide is going... and
knowing and having access to all those pieces of NEWS will definitely
help you with that reasonning.
I believe that you REALLY need some kind of "NEWS Log" ? ...
Let's say for example that you have
on AMAT at
also DO NOT KNOW that, for example, it was DOWNGRADED three times in
or that they just
announced some really bad news in the previous days (or anything
Almost as soon as you do, that stock reverses on you
as its down momentum is still too
strong and you can congratulate yourself as ... you've just "BOUGHT A TOP",
A few hours later, your SSL™ is hit and
you just lost a few hundreds $ or more.
The night of that "tragic loss" (your words ... not
mine!), still very
upset, you FINALLY check out the NEWS, on Yahoo! for example, only to find out about those previous day's DOWNGRADES and OBVIOUSLY NEGATIVE
NEWS! NOW YOU ARE REALLY MAD because YOU VERY WELL KNOW
that YOU COULD HAVE
this loss by doing your homework and checking those news BEFORE entering
Doing that will certainly not avoid ALL of your
bad entries but even if it only improves a few of them, it will be well
We all know very well how avoiding "a few"
extra losses in our Trading World can translate into savings of HUNDREDS or THOUSANDS
of $ per
PLEASE USE ANY SYSTEM (mine or any other one of your
but USE ONE!!!
If you don't, you will certainly NOT be doing any "P
TRADES™"... and you know what that can mean and cost to you !
We used to use the services of a Website called “Infobeat” to
obtain our News and receive free daily e-mails with the NEWS being published on
our favorite stocks which we would then post in our “Daily News Log” as
explained in the Course (for more information please click on the “DAILY NEWS LOG” link on the “MEMBERS
ONLY” page of our Website) …
INFOBEAT got acquired by another company and … they suddenly stopped providing
this great service.
This is why I am now detailing and sharing with you this new way to obtain the
most important “News” and PRESS
RELEASES on the stocks which we decided to “marry” and how to track them
in an efficient manner…
Here are the steps to take…
You will only need to go through the first steps of that list the
FIRST TIME that you will want to set everything up to check your “most
recent news” on your “married” stocks…
Please note that we already
added for your convenience on the “Members
Only” page or our Website a link to such a page (as Pascal MONMOINE
personally use it all the time) and it is called “Recent News”.
Your next step is now to simply
click on the “News”
button for each of your “married” stocks in order to check out the headlines
of the “most recent” NEWS and
PRESS RELEASES published on these stocks (since the last time that you
checked them and depending on how often you trade…).
Your final step is to now Double-Click
on any HEADLINE which will seem worth reading in details to you (your experience
of going through the process will allow you to decided ON YOUR OWN and based on
YOUR OWN CRITERIA which of these headlines are worth reading or not…
will of course learn to omit all those which YOU will consider as “not
that important” (for example if COCA COLA is announcing that it is opening a
new factory in a remote country and that they already have 2369 factories
worldwide … that “news” is not really that “important” and is of no or
little interest in terms of its possible impact on the stock…
As always, please simply
use your common sense to judge what is worthy of being read and ARCHIVED in
your DAILY NEWS LOG and what is not…
HOW TO EFFICIENTLY USE this Log ...
To go directly to the BEGINNING of the news
listing for stock XYZ, simply do a "FIND" (hit the keys "CTRL" and
"F" on your keyboard) of " XYZ "(please note the APOSTROPHE
BEFORE XYZ and which need to be typed right before the ticker of the stock, this is VERY
IMPORTANT) and it will take you right there... at the OLDEST NEWS available for that stock
and you can scroll down from there to see all the news up to the most recent
So, for example, to go DIRECTLY to the OLDEST
NEWS on AMZN, simply PRESS the CTRL key and the F key
and then TYPE:AMZN
To go directly to the END of the news listing
for stock XYZ, simply do a "FIND" of " 1XYZ "(please note the 1 BEFORE
XYZ and which need to be typed right before the ticker of the stock, this is VERY
IMPORTANT) and it will take you right there... at the MOST RECENT NEWS available for that
stock and you can scroll up from there to see all the news up to the oldest one.
So, for example, to go DIRECTLY to the MOST
RECENT NEWS on AMZN, simply PRESS the CTRL key and the F
key and then TYPE: 1AMZN
You can then of course keep updating it daily on your own with
the FREE e-mails that you can receive from Infobeat, this is your opportunity to do so...
YOU CAN ALSO ADD ANY STOCK of your choice to
it and use our format to keep organizing the NEWS for it.
Simply position your
cursor at the right ALPHABETICAL position (example, if you want to
add MSFT, position it for example between LU and NKE), based on the
INITIAL of your TICKER and start your log there for that new
You can of course COPY one of the headers of an existing stock and
paste it to replace its name with YOUR NEW TICKER and start a new
log for that stock..
It mainly covers the following STOCKS which I trade in DAY
TRADING, OVERNIGHT TRADING/SWING TRADING as well as TRADESTING (for some of these, the news are as
old as AUGUST 1997):
The file will also include News about a
few other stocks but which I do not consistently track anymore so they are listed here
will be ALIGNED to the RIGHT side of the page for easy identification
Pascal only started this color coding system recently so it will not be on the oldest
news Also you will find a few (and old) personal comments in frames with a blue
background Pascal does not type them anymore for personal reasons but it might be a
good idea for you to do it at the beginning so that you can learn and remember how stocks
react to specific news ... and possibly use that for future trading.
EXTRACTS of the DAILY NEWS LOG ...
are 3 snapshots of extracts of that log to show you how the NEWS are
listed and color coded in it...
: You must realize and remember that
your goal, if you decide to order this log is NOT to use it as your own.The main goal of Pascal Monmoine in sharing his own file with you (which
he uses almost daily when he trades) is to allow you to “take a peek” at his own
log, test how it works and then use it as a TEMPLATE to make and develop YOUR
There are many “gaps” of
several days, weeks or months in this log, because of many different reasons.
These reasons can be longggggg vacations taken by Pascal and during which he
would not be as thorough in recording news to his log as he usually is, there
can also be times at which YAHOO! FINANCE had technical difficulties as well as other various reasons. So please be aware that this file is not meant to be “complete” or
exhaustive at all…
being said, enjoy this great tool !!!!
HOW TO ORDER the latest version of Pascal's DAILY NEWS LOG ...
file is already about
! (as of
It is just as "big" ... as it is
useful! And with our "Find" system, you will never know
or "feel" than it is that big as you will INSTANTLY and DIRECTLY be able to go
to ANY stock.
price is only $15. If you wish to order it right away, you can
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