Daytraders, what are your favorite stocks to trade?

[Richard Tyler]

What are your favorite stocks to day-trade with the following criteria:

1) stock price is above $30 a share

2) average daily volume is above 2 million shares

3) market cap for the stock is above $3 billion dollars

4) the total dollars traded for the stock on the average day is over $100 million

For example: volume (3,000,000 shares) x stock price ($50 per share) = $150 million dollars traded per day

5) average daily fluctuation is higher than 5%


Thanks.

[IIC]

What are your favorite stocks to day-trade with the following criteria:

1) stock price is above $30 a share

2) average daily volume is above 2 million shares

3) market cap for the stock is above $3 billion dollars

4) the total dollars traded for the stock on the average day is over $100 million

For example: volume (3,000,000 shares) x stock price ($50 per share) = $150 million dollars traded per day

5) average daily fluctuation is higher than 5%


Thanks.

Unfortunately I don't have any...But if you set up a list of high volatility stocks...say 20 of them...that meet your other criteria and constantly study their intraday patterns you could probably do well.

The easiest ones to day trade IMO if you are willing to be patient are the QID and QLD ETF's. So far this year I have dt'd them 39 times and I at least made something 37 of those times.