Another group I was part of a few years ago, had about 20 or 25 members in a sub group, who each looked at 10 stocks.
so they could cover 200-250 stocks in all.....they were based in the USA.
They were just looking for any interesting bars or breakouts, or breakdowns to discuss in the group. And when they liked a setup - would just take short trades for no longer than a week or two, but mostly just 2-3 days. They would identify stocks, take an entry, with a target already in mind, and sell at the target (and always have a trailing stop to lock in small profits).