You sometimes see the brokerage trading desks where the traders are glued to their 5 monitors all day. Is this really necessary? I don't know what time frame they're trading but to me if you're going to hold from near the open to near close it may even be counterproductive. I used to follow every tick every day and repeatedly got driven out of my position by smaller trends going against me when the larger trend was still in my favor. I had numerous small losses balanced by a few big gains ending up even in the end. Many of the small losses would've become big gains if I would've stayed in my position. I've decided to check in on my position about once every 10 minutes from now on instead of watching tick. This way the "fluke" moves won't drive me out but I'll still be able to get out in the case of a real trend reversal. As a relatively inexperienced trader I think it's especially useful for me as I already have more than enough info to look at. I keep track of the charts of the major solar stocks (the sector I trade) along with the broad market indexes. I've also seen numerous occasions where the entire sector would rally and a few stocks would lag behind. Watching each tick you might think something was wrong with these stocks. In the absence of any news and on normal volume give it an hour or two and the laggers would nearly always rally back.