Day trade stock screener
If you already have a stock screener you use regularly, look for stocks with an average daily range over 4.5%(intraday high minus intraday low). The average should be taken over at least 50 days. This tells us that the stock has been averaging 4.5% moves over the last 50 days, A stock screener. Over 18,000 stocks are traded in the U.S. every day. That’s way too many for one trader to watch. That’s why you need a stock screener, software that can locate the stocks that fit your trading criteria. Day traders often focus on high-volume stocks that are seeing significant price movements, because those stocks offer the best opportunities for making money quickly. You can use an online stock screener, or stock filter, to find stocks that meet those and other criteria.