How many equities does your system trade?

Discussion in 'Automated Trading' started by Matt8200, Mar 14, 2006.

  1. For those of you who trade equities with automated systems, how many equities does your system scan/trade?

    I have been working on a system which will probably monitor all the stocks in Russell 3000. I am only looking to make about 10 trades per day. My filter that I run prior to the open will filter it down to a couple hundred stocks that will be scanned during market hours.

  2. Interesting question. I did some backtesting, and it seems that 20 stocks will be ok, diversified enough to protect against bad news.