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Day trading stocks essential tools/info

Discussion in 'Stock Market Nuts and Bolts' started by TradeLikeTheWind, Jun 8, 2019.

  1. TradeLikeTheWind

    TradeLikeTheWind

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    what do you consider vital info for daytrading stocks? Picking a stock to trade? Tools like stock scanners, indicators, market info. All the factors you consider before trading.
     
  2. tech/a

    tech/a No Ordinary Duck

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    Real-time data
    Pattern recognition
    Ability to read volume and Price.
    Understanding of risk mitigation
    Liquidity So futures e minis
    Low cost brokerage.

    A known methodology.
    Test.
     
  3. Cruzer

    Cruzer

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    Hi tech/a, I value a lot of the info you have posted over many years now so thanks for your engagement. I have had an account with IBKR for about 10 years now and also have two Aust based trading accounts with Bell Direct and Commsec. I have navigated the myriad of regulatory and technical issues which occur from time to time with IBKR. I am happy enough with the trade executions and fees (aside from being categorized as professional for our SMSF?). As a periodic trader of index futures and equities/ETFs can you recommend any alternative brokers/platforms? I'm naturally wary of many offerings out there?? Grateful for any input you may have? Thanks
     
  4. tech/a

    tech/a No Ordinary Duck

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    No sorry only use IB. Has everything.
     
  5. Cruzer

    Cruzer

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    Ok great. Thanks very much. Enjoy your weekend.
     
  6. tech/a

    tech/a No Ordinary Duck

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    I do use Macquarie for my super trading/investing.
     
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  7. jjbinks

    jjbinks

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    Why Macquarie if I may ask?

    I use IB for trading/investing stocks. Don't manage super.
    Did use AMP futures for futures trading a while ago
     
  8. tech/a

    tech/a No Ordinary Duck

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    Chess
    More than I want to place with IB
    Spreading it around
     
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