Best day trade stock

Screening Filters

1. Price: 5–100 USD

   • Purpose: Focus on reasonably priced, actively traded stocks.
   • Rationale:
     • Below ~$5, many stocks are low-priced/penny stocks with wide spreads, low liquidity, and higher manipulation risk—often unsuitable for most day traders.
     • Above ~$100, price swings can require larger capital per trade and can limit position sizing flexibility for smaller accounts.
     • The $5–$100 range typically offers good liquidity, tighter spreads, and enough volatility for intraday moves, which is what a day trader needs.

2. Volume: ≥ 3,000,000 shares (average daily)

   • Purpose: Ensure high liquidity for fast entries and exits.
   • Rationale:
     • Day traders need to get in and out quickly without moving the price too much.
     • High volume usually means tighter bid–ask spreads, less slippage, and more reliable price action.
     • A 3M+ share threshold is a solid bar for “actively traded,” helping ensure that the stock has strong interest during the session.

3. Relative Volume (relative_vol): ≥ 2

   • Purpose: Highlight stocks trading at unusually high volume today compared to their normal activity.
   • Rationale:
     • A relative volume ≥ 2 means the stock is trading at least twice its average volume—often driven by news, earnings, or catalysts.
     • These catalysts frequently produce strong intraday trends and volatility, which is exactly what day traders look for.
     • This helps separate “today’s in-play stocks” from those that are normally active but quiet on the day.

4. Beta: HighRisk (high beta)

   • Purpose: Target more volatile stocks that move more than the overall market.
   • Rationale:
     • High beta stocks tend to have larger intraday price swings, offering more profit potential per share.
     • While this also increases risk, controlled with position sizing and risk management, it aligns with typical day-trading goals: capitalize on short-term volatility rather than slow, steady moves.

5. Price Change % (price_change_pct): ≥ 3% (on the day)

   • Purpose: Focus on stocks already showing meaningful movement today.
   • Rationale:
     • A move of 3%+ intraday indicates the stock is “in play,” with active participation from traders.
     • Strong price movement is essential for day trading; flat stocks offer little opportunity.
     • This filter ensures you’re scanning for names that are already trending or experiencing significant intraday swings.

Why These Results Match a “Best for Day Trading” Search

• They prioritize liquidity (high absolute volume) so you can enter/exit quickly.
• They emphasize current-day activity (high relative volume and ≥3% price move), surfacing stocks that are “in play” right now.
• They filter for tradable volatility (high beta and meaningful price change) needed to make intraday gains worth the risk and effort.
• They keep you in a practical price zone ($5–$100) that balances accessibility, tight spreads, and sufficient movement.

There’s no single “best” stock for day trading on any given day, but these filters are designed to consistently surface high-probability day-trading candidates that fit common professional criteria.