Day trading stocks for a living is possible even in today’s environment. Most people think that making $10,000 in a week using day trading strategies is something that probably hasn’t happened for most people since 1999 and the dot com days. Most people are wrong. In the video below, you’ll see a trader that made $10,000 in a single week! Even better, you are going to learn exactly how this trader did it.
Day Trading Strategies
Day Trading Stock Picks
The best day trading stock picks are going to be stocks with lots of volatility and where lots of traders are trading in and out of them. These day trading stocks are found by taking the 100 day moving average and dividing it by the shares outstanding. Barchart has an excellent web page that they update with stocks that have high trading liquidity here.
Once you have a list of day trading stocks with good trading liquidity, the next thing you watch for is if the broader market is in a pattern where it sells off at the end of the day. The stock market goes through periods of rallying late in the day, and selling off late in the day. These periods can last for 3 days and more. When the broader market goes into a pattern where it has been selling off at the end of the day, that’s the time to use a strategy like the late day fade.
Best Day Trading Stocks
- Stock must have sufficient liquidity
- Stock must have sufficient volatility (check the Average True Range (ATR) indicator daily for volatility analysis)
- Avoid low priced stocks (higher priced stocks are more volatile and have a bigger trading range)
- Avoid stocks with large spreads between the “Bid” and “Ask” (stocks with narrow spreads are easier to trade in and out of quickly)
Frequently Asked Questions about Day Trading
What’s day trading?
Day trading is the rapid buying and selling of stocks. A day trader may hold a position for a few minutes to a few hours but by the end of trading that day, all positions are closed out.
What is the best day trading app?
The best day trading app is Etrade Mobile. The Etrade Mobile app gets live streaming quotes and even level 2 quotes right to your smartphone or tablet.
You can even trade in the After Hours market.
If you want to deposit money, just take a picture of your check to electronically deposit a check directly to your Etrade account.
You can learn more about the Etrade Mobile app by going here.
Can I count on your stock trading alerts and stock market wisdom to teach me?
Yes but the first thing you need to do is to subscribe to my blog to get the once a day email lessons. It’s free. By the end of 50 days, you will know enough about stock trading and stock screening to start building your own trading account. Sign up for the once a day lessons now:
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If you want to learn even more about stock trading and you want personal coaching from one of the best traders on Wall Street, click here to check out Jason Bond’s services
In the video lesson below, you’ll see how to survive and thrive in the type of market we had going into the Presidential election back in 2012. This is a great learning experience for how to trade when the ranges become compressed and we move into a sidelines or trend-less market.
Jason Bond made $10,000 in one week by day trading stocks using one of many day trading strategies called “shorting the late day fade”. Jason Bond, or just JB, has “Jedi” Luke, a full-time day trader, in his live day trading chat room. In fact, there are over 400 traders in the live day trading chat room every day who are experts at day trading stocks for a living.
The video below is packed with information from one of the top stock traders on Wall Street. Enjoy and make sure to send me an email about all the money you made using this day trading strategy!