I do use Stockopedia as a very good source of locating potential HYP shares but note that the screen to which you refer has nothing to do with HYPs as featured in TDL but is based on my “pyad” value share trading strategy that I used to write extensively about elsewhere but have not done so for a long time now. That’s why the filter criteria and the sort of shares selected are completely different.
I should point out also that the Stockopedia screen, though based on my value trading approach, in fact differs in several important respects from the actual strategy I used to follow. Some time ago Stockopedia decided to feature the “pyad” strategy because they found it to be an effective trading style worth displaying on their site.
Value share trading and HYPs are completely distinct strategies which should not be confused with each other but, because I have been associated with both methods over the years, people sometimes, and quite understandably, don’t always appreciate the difference. In practice HYPs are designed for income whereas value is for trading to make capital profits and the two approaches have entirely different rules and types of share within them.
Thanks for the endorsement of TDL.
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