The Ibrox boss added four players to his squad earlier this summer.
McCoist has been granted permission by chief executive Graham Wallace to sign former keeper Lee Robinson as back-up to the injured Cammy Bell.
The manager said: "I am very, very hopeful there will be a bit of activity in the next nine days or so, and it will probably be both ways.
"In an ideal world I'd like to get some of the youngsters out on loan.
"The club has a good history of doing it. The likes of Allan McGregor and Charlie Adam did themselves no harm in going to St Johnstone, Dunfermline, Ross County and St Mirren before they made their breakthroughs here.
"I'm a fan of loan deals. We did it last year with Barrie McKay and Calum Gallagher.
"So if that opportunity arises and it suits all the parties then we would do that again."
McCoist will go into today's Championship clash with Dumbarton at Ibrox without Richard Foster and Fraser Aird, who are carrying knocks.
But the Rangers gaffer has had some positive news on Bell's shoulder injury. He said: "The scan was encouraging. The specialist was as happy as a specialist could be.
"He's told Cammy he will need to build up the shoulder for the next couple of weeks or so.
"Fingers crossed, he could and should be all right after that."