Cool

Thanks

FYI: The present congress has been the least productive since the 1940's.As always they will find a fiscal cliff deal at the very last moment.

Purplehayes

What pre-market indexes do you look at?

I use percentages as a stop loss, usually 3 - 8%, depending on the security and situation. 

I am constantly adjusting resistance and support lines, looking for that "perfect" breakout. I usually only concern myself with the price action and the 2 lines.

I am focusing almost exclusively on the Housing sector and I use ITB as an Index. Since the early stages of 2007 and 2008 of the collapse. it has been brutal.. However, the recovery is under way for almost all of the 30 or so stocks. Most of the charts look great

I also Trade Forex a little bit.(still learning)

I use a breakout strategy for anything I trade

As Traders we all want to have the very best setups every day.  I guess the information I want is: What universe of securities do you or anybody else start with and how do you break that list down into tradable securities?

What is optimal?

Where do you look for these patterns? 

How many securities do you keep in your Favorites list?  

What are you looking for and where do you put the securiyies you like?