What is Watchlist?

A watchlist is the list of stocks you're tracking. The key distinction: it is not a "buy now" list. It holds candidates waiting for an entry condition — for example a pullback to support or a breakout above resistance.

How to build one

1. Wide search with a screener: filters such as sector, market cap, volume and trend narrow hundreds of stocks to a few dozen.
2. Selection by chart and fundamental review: keep only those with a clear level and a clear scenario.
3. A note for each stock: what you're waiting for, at what price, and where the idea is invalidated.

Around 15–30 stocks is usually enough to watch properly. Nobody can follow 100 stocks closely — the list turns into noise.

Why it matters

A watchlist turns trading from impulsive decisions into planned ones. Because the entry condition is written in advance, chasing a stock that's "running away" out of FOMO becomes less likely. With a price alert on each level, you don't need to stare at charts all day.

Upkeep

Clean the list once a week: remove stocks whose condition was cancelled, whose trend broke or that no longer interest you. A stale watchlist is a useless watchlist. On limitup, the watchlist and price alerts work in one place.