Well for me right now, it’s very easy for me to easily look at 100 to 200 charts on a daily basis, because after I have drawn all the lines and stuff like that, the only time it takes me is to actually scroll through and flip through the chart. And once you become more experienced, as you flip through the chart, any trading setups it will actually jump out at you, if it’s really a good trading set up.
And so if that’s the case, then it actually doesn’t take me a lot of time to actually flip through the charts very quickly. So generally I will suggest, if possible, try to have about 100 to 200 stocks in your watchlist. And ideally they should be across as many different sectors as possible. And even, if possible try it across different markets as well.
Interested to receive mentorship opportunities like this with Philip?
Find out more at traderwave.com/innercircle
Latest posts by Philip Teo (see all)
- How to use trading volume to support your trading idea - December 10, 2019
- How you should deal with false breakouts - December 7, 2019
- The kind of traders who will get trapped in manipulated stocks - December 5, 2019