Day trading stocks essential tools/info

[TradeLikeTheWind]

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.

 

[tech/a]

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.

 

[Cruzer]

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.

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

 

[tech/a]

No sorry only use IB. Has everything.

 

[Cruzer]

No sorry only use IB. Has everything.

Ok great. Thanks very much. Enjoy your weekend.

 

[tech/a]

No sorry only use IB. Has everything.

I do use Macquarie for my super trading/investing.

 

[jjbinks]

I do use Macquarie for my super trading/investing.

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

 

[tech/a]

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