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how many monitors should a swing trader have?

Discussion in 'The Cocktail Lounge' started by emmett kelly, Apr 4, 2019.

  1. emmett kelly

    emmett kelly Well-Known Member

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    Morning all. I'm writing a script about a swing trader and for my opening shot I'd like to show the trader sitting at his trading station at home. The specific shot will be of the screens that show charts, etc. The background sound might be actual traders on the stock market floor. This is the establishing shot. All input is welcomed, but I have two questions.

    1) How many monitors does a hard core swing trader use?
    2) What app would show a lot of frenzied stock activity?

    Thank you all.
     
  2. StockJock-e

    StockJock-e Brew Master
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    Minimum two, but it really all depends on what the trader needs on his screens.

    If you can fit everything onto one screen, its still doable. 4 screens, even better!

    You can register and download a real trading app from thinkorswim, its one that actual traders use. If you dont want to bother downloading that app, then going to a site like tradingview.com and opening up a bunch of charts can give you the same effect.
     
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  3. emmett kelly

    emmett kelly Well-Known Member

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    Excellent! @StockJock-e , appreciate it. Just need to shoot it without seeing any tradingview trademarks and that looks very doable. Thanks again.
     
  4. emmett kelly

    emmett kelly Well-Known Member

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    This question is for fictional film making purposes only: Would it be realistic for a swing trader to call his broker and request that the limit on his margin account be raised? Thank you.
     
  5. StockJock-e

    StockJock-e Brew Master
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    Hmm, typically that kind of call will only be made if the brokers office is one that caters specifically to daytraders and swingtraders.

    A normal broker would have to speak to the branch manager, who would might need to call some higher ups and that will take a while.

    If the client that is trading is making the firm enough revenues through commissions, they will be open to flexing the rules a bit to ensure that the client is happy and will remain with them.

    So if you are an active trader that is making your broker $2M/yr in commissions, he will do almost anything he can to make sure you remain his client.
     
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  6. OldFart

    OldFart Well-Known Member

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    day trading or swing trading?....seems swing trading is a little longer term hold, so only one should be required.
     
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  7. emmett kelly

    emmett kelly Well-Known Member

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    Appreciate that, @OldFart . My character is somewhat obsessed with trading so from the point of view of trying to show that obsession to the audience, the more screens the better.
     
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  8. StockJock-e

    StockJock-e Brew Master
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    Swing trading can mean anything up to holding for a few months.
     
  9. emmett kelly

    emmett kelly Well-Known Member

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    I might have to give you a writing credit, @StockJock-e . This is valuable information. In desperation, my character could try to persuade the broker to stick his neck out for him.
     
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