Daytraders: how many stocks do you monitor at a time?

Discussion in 'Trading' started by Kovacs, Jul 18, 2007.

  1. Kovacs

    Kovacs

    Thanks guys.
     
    #11     Jul 18, 2007

  2. If you are missing the breakouts because you are watching too
    many stocks, why don't you try setting alerts near the
    breakout points in all the stocks.
     
    #12     Jul 18, 2007
  3. Kovacs

    Kovacs

    'Cause nothing fucking works at Swifttrade (my prop firm). There are no alert systems whatsoever. They want everyone to be scalping 10,000-50,000 shares at a time for two cents on stocks like GE, PFE, AMD, MOT, TWX, et al.

    I tried using their so-called conditional order system a week ago (where an order is entered if a certain price is reached), and the system kept entering the orders prematurely, resulting in some fairly hair-raising trades.
     
    #13     Jul 18, 2007
  4. About 800, as everything is automated :)

    Here are some events being monitored: morning gap, price range break out, volume surge, etc.

    There are websites that will send you stocks that fit your profile in real time.
     
    #14     Jul 18, 2007
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    #15     Jul 18, 2007
  6. Kovacs

    Kovacs

     
    #16     Jul 18, 2007
  7. NY_HOOD

    NY_HOOD

    easy=see whats moving pre=mkt. always check for news/upgrades ectt.i play momentum;stocks that have interest. CTXS and IBM will be movers tomorrow.
     
    #17     Jul 18, 2007
  8. Sign up for a month of www.trade-ideas.com or ask them about a free trial.

    (btw I have no affilation other than being a user of their product)
     
    #18     Jul 18, 2007
  9. Some people have a monitor for each stock
     
    #19     Jul 18, 2007
  10. piezoe

    piezoe

    I only trade one thing at a time, so that is all i monitor other than related stuff like market internals the indices, etc. I am currently trading only the Russell 2000 futures. As with Grail, i trade off pivot points, or at least i try too. Today was a daytraders dream come true.
     
    #20     Jul 18, 2007