[mage lang="" source="flickr"]penny stock traders[/mage]
What are the best stocks to day trade?
I typically trade stocks that are $15 to $30. Average 10 day volume of 5 million shares or more. Also have pretty good intra day price swings. I really just want to know what are some good stocks to day trade, or what other criteria day traders use to pick stocks. I am NOT interested in penny stocks.
One of the criteria I use if wanting to have a quick trade is to calculate the range. If a stock has a range (high – low) of greater than 1.5 per day, over several days, it may be of interest as a quick trade.
When you find a stock that behaves like this it’s possible to have multiple, successful trades for quite a few days.
Why I Like Tim Sykes Penny Stock Trader