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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: TheKelster who wrote (1965)7/18/1999 9:17:00 PM
From: Richard Estes  Read Replies (1) | Respond to of 18137
 
I wouldn't have asked them if I didn't think I had the answer for me.

Should a daytrader focus mainly on intraday charts?
Yes, they should be looking at a chart that shows the last 8 hours with 1 and 5 min charts the best

What is a good daily range on a stock for daytrading?
You should be looking for at least an average range over 1-1.5

What is acceptable volume?
Min volume is 85,000 avg. What you are really looking for is a stock and the volume that can accept your shares without affecting price. I tend to trade stocks with about 300,000 average.

What filters can be scanned to build a stable of stocks to daytrade?
You are seeking Volatility, volume and range.

What Price range produces best returns?
$10-40

But I did want to hear others address them.