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How to find stock for day trading ?

chitra mehta's picture
Submitted by chitra mehta on July 23, 2009 - 03:33

I here that some people make money day trading from home computer. My question is how to find good stocks for day trading ?


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Submitted by anilmehta on July 24, 2009 - 05:50. #

Few simple rules to follow before you go into too much technical

1. Trade only liquid stocks. Let's say only those stocks that have at least 1,00,000 stocks per day volume.

2. Keep an eye on news and be quick to act . Stocks in news have more volatility , price swings are good for investors.

3. Look at technical charts . Don't get into overextended stocks .

Look at Bharati airtel for example. It's good fundamental , technically stocks looks good for short term trading. Trading above EMA and RSI coming up.

 

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