For day traders

[maximillion]

To be a day trader.
Do you have to have multiple monitors(screens) to follow the market and the stock?
thanks

 

[hoodooman]

Its nice to have your broker's trading platform on another computer but its not something that you have to have.

Before the pdf rule was initiated, I could make a living with a 2k account and a laptop.

 

[maximillion]

I do have my broker's platform. however sometimes I dont have enough room to open new windows or have enough chart windows open.
I also use laptop.
Thanks hoodooman

 

[dealmaker]

You need three monitors. One for broker's platform, one for charts and one for news/research. Day trading is purely technical if you do not have a chart open at all times you are at a disadvantage.
Any more than 3 monitors is overkill.

 

[l2tradr]

Quote from hoodooman:



Before the pdf rule was initiated, I could make a living with a 2k account and a laptop.

Trading options I'd imagine?

 

[hoodooman]

trading stock. Sometimes as much as 200 times a day before noon.

 

[l2tradr]

Quote from hoodooman:

trading stock. Sometimes as much as 200 times a day before noon.

That's impressive. With such little capital that is.

 

[tomahawk]

One trick you can use is to have 4 or 5 'slightly-less-than-full-screen' charts staggered on top of each other so that any one is accessible at all times with 1 mouse click. I do this on each of 4 monitors.

 

[hoodooman]

You are good and I mean that. My limit is
2.

 

[maximillion]

I use "StreetSmartPro" CyberTrader. For me personally hard to follow the news cause every time I have to minimize the window. and price changes in seconds...