you can also increase stock number and trade efficiency by finding a 'winning' buy signal.
for instance I used to trade SMA crossings and the software I had would give me signal to buy, it would execute automatically and place a stop. I worked out that 13 and 18 day SMA crossings were good for short-term buy signals when I was trading that way.
Basically you need to find a signal which SP goes up about 7-8 times out of 10 and use a tight stop-loss and tight win strategy.
Pros of this: multiple trades with steady income while minimising daily risk.
Cons: never make big money. Need to continually watch winners vs losers ratio. If you fall below 5/10 wins on a specific signal you will generally start losing money. So need to keep a hold of winners vs losers.
Also need to consider signal strength before starting to implement such a method. Such as follwoing for a month the winners total gain %, minimum gain %, to get an automatic sell point also.
Much like any tech endeavour, this set up is highly capital and time intensive at the start which then converts into steady money for little time after.. just a thought of a different approach.
