A watchlist is a customizable list of instruments a trader monitors on their platform — showing live price, spread, and often daily change — without necessarily holding a position in any of them. It's a basic organizational tool for tracking a curated set of pairs or assets a trader is actively following for potential setups.
Many platforms let a watchlist trigger price alerts directly, so a trader can be notified the moment an instrument reaches a level worth acting on, without needing to watch the chart continuously.
Watchlist
A customizable list of tracked instruments showing live price and spread, used to monitor potential setups without an open position.
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