16 Tools For Your Trading Screen
Setting up a multi-monitor trading screen will give you the most functionality and efficiency for your trading and is almost a necessity when trading more than one market. I use a three monitor setup and trade two markets, the E-mini S&P and Euro Futures.
Below you will find pictures of my three trading screens and a description of the 16 tools that I utilize to trade. In reality I have 17, market internals, but am saving that discussion for a separate post.
I’ve been using this screen setup for over a year and before that it was only varied slightly (I used to use a 5-min chart instead of a 15-min chart and didn’t incorporate the Euro as much into my trading screen).
A Walk Around My Trading Screen
You’ll notice my charts don’t have any of the standard “indicators” on them. I like to keep things as simple as possible and just look at price and volume. In all reality I could trade with a 15-min chart of the ES and my order entry platform, excluding all of the other tools. With so many indicators and tools out there it is my advice to keep things as simple as possible. This goes for all things, not just trading. Less is more.
1. Core Sector List
2. 10-Year Treasury Notes
3. BANK Index
4. Indices Quotes
5. Futures Quotes
6. SPDR Sector ETFs
7. 15-min ES Candlestick Chart with Volume
8. Infinity Futures DOM (depth of market) for ES
10. 512 tick chart of ES
11. Time and Sales for ES (Excluding contracts less than 10)
12. Infinity Futures DOM for 6E
13. 15-min 6E Chart
14. Daily 6E Chart
15. 512 tick chart of 6E
16. Time and Sales for 6E (Excluding contracts less than 2)
Even though I use a three monitor trading screen setup, I know other successful traders who use a single 16″ laptop screen and trade extremely profitable.
The most important thing to take away would be the simplicity of each chart on my trading screen. Price and volume are king and remember “Keep it Simple!”
If you have other questions please leave them below!