%% DONT know, so many times more prep is better than 7 screens live . But with 10 screens she says mostly one screen LOL+ true. SO many USa cars are so full of luxury; TX banker said the purpose of auto is get from point a to point b =LOL I enjoy staring @ a fireplace, same principle, staring @ smoking chimney or chimney swift; not 7 sardines or 7 autos for me .Fine + more if one is a dealer
Sometimes when a market is dependant on another market it helps to look at both markets at the same time since 1 market will be a few seconds faster than the other and you could use it to your advantage. If you do this, you better be running on all 8 cylinders with 3 cups of coffee already drank, this is where trading becomes adventurous
The really best traders also have a braille reader under their butt. The actually good traders I know max out at three screens, two being used actively, switching between windows. They all had more screens at one stage. People trading OPM tend to have more...
If you use multiple time frame analysis it's no trouble populating your screen estate. For Mark Minervini which as I understand it is a swing trader, I'm sure he's monitoring many stocks, so I don't imagine he'd have any trouble utilizing six screens. Personally, I day trade ES / NQ and use a single Dell 49 " ultrawide. I recently divided it into three equal screens. Left and center screen is ES / NQ RTH charts through different time frames (30, 5 and 1) and some for proprietary stuff. Right screen is for ETH charts through different time frames (5, 60 and 240) + volume charts + daily / weekly / monthly / yearly charts of the indices (cash + futures). Additionally, I use Excel and some browsing for trolling ET. I could easily do with another screen, but I'm trying to not get too heavy. It's very pleasurable to have everything you want to see available without switching screens too often. I have another smaller ultrawide at my parents house which is rarely used, so I'm considering adopting that as well.
lol. that's pretty cool. "Windows are for cheaters Chimneys for the poor Closets are for hangars Winners.... use the door." queued:
%% Good points +screen hints. LBR, maybe playing off the CAN SLIM pattern, Dont knowLOL; she says NO Sugar+ No Seconds....... LOL. Maybe a personal note 'cause she had a sugar trade on charts And any kind of fruit , fruit juice has natural sugar in it + no sugar spikes LOL
The more screens, the more you can monitor. Daytraders that like to stay on top of the show need at least 4, unless they like to click like crazy and endorse RSI. Especially when you like to trade many asset classes. Investors dont need more than 1 or 2; its a different world..
Dont agree, indicators are extremely helpfull but indeed dont exaggerate. Maybe traders that have long game dont need much but when you like fast short game you miss the edge and cant live without them. Price action is not important that much when you have long goals at all. I.e. you likley follow some big macro catalist going for big targets. Price action is very important when you trade intraday for fast profits. In that case you are trading blind for 50% not seeing volume, pivots, leading indicators to spot turnarounds and divergence for exits/entree and other reasons. Lagging big MA's to initiate trades or TP etc