What are the best stocks for Day Trading?
Day Traders MUST ask this question and find the answer before they venture into the high risk area of day trading. Day Traders are fighting against TIME. They do not have the luxury of holding on to positions that may profit after many days. Day Traders have to make money within the trading hours. Since they close all positions before the market closes, their money making period is restricted to the five and a half hours of the trading day. DAY TRADING should be done only in highly volatile stocks that will give enough of a move within the day to make some money. Day Trading stocks should also be in liquid stocks. Traders should be able to get in and get out without facing large spreads. Small spreads are available only in high volume, liquid stocks. With these two principles in mind, we have prepared a list of stocks suitable for day trading. This is NOT a recommendation to day trade. The list is simple to read. The most volatile stocks that are also liquid are given here. A descripti