What are best day trading stock picks ?
This day trading stock pick tip is for every trader who is interested in day trading – very active trading of stocks during one trading day. One of the most important issue is find your great stock picks for current trading day. Every day trader should choose its own stock market daily picks based on these parameters: Liquidity The most important issue is enough liquidity in stock. It means that you need stock with very good average daily trading volume . Best volumes are above 1000000 shares per trading day Liquidity is very important because it allows you to enter and exit trade without any problem with price movements against your position. Slippage will be minimal. Volatility Stock for daytrading must be stock which is able to make strong movements. Strong movements generate profits for day traders. Volatility is often measured with beta coefficient. So choose stocks with high volatility. “Hot” sector It is always good to choose stock from sector which is popular . Such popular sec
