Do this once a week to find a handful of volatile stocks you can day trade throughout the week. The whole process takes about 20 minutes! No more researching for volatile day trading stocks every day, such as flipping through new highs and lows or a delayed biggest movers list. By watching a handful of these stocks you always have big moves to day trade (especially in the mornings, which is when day traders should be most active anyway).
In the video I show you how to find volatile day trading stocks which are likely see big percentage movements each day over the course of the next week, and it only takes about 20 minutes…a week! Or, if you just want to let me do the work….before the market opens each Tuesday I will publish a list of “Day Trading Stock Picks for the Week” under the Stock Trading category.
Watch, learn, enjoy. Resources discussed in the video are below.
Resources discussed in the day trading video:
Volatile day trading stock picks are based on the method(s) described in the video, screened for on http://stockfetcher.com.
Reasons I like this screening method is covered in Increase Profits and Cut Your Day Trading Work Load with This High Volatility Stock Screen. Here is the screen/filter, from that article, which you can copy and paste into StockFetcher.com:
show stocks where the average day range(100) is above 5%
and Price is between $10 and $100
and Average volume(30) is greater than 2000000
and exchange is not amex
add column Average Volume(30)
add column Average Day Range (30)
Strategies you may opt to use for these volatile day trading stocks:
How to Day Trade Forex in 2 Hours or Less (applies to stocks as well)
Volatile stocks for day trading aren’t everyone. Have a plan for how you will trade them, and test out your strategy before live trading. Slippage is very likely in these stocks. This isn’t an endorsement of these stocks, as the stocks on the list will change weekly. This method is just one option for finding volatile stocks for day trading, if you don’t want to be constantly researching.
Cory Mitchell, CMT