How to make 160.00 per day on U.S. stocks

Screening Filters

1. Price between $10 and $50

   • Purpose: Focus on stocks that are liquid enough to trade actively, but still capable of meaningful intraday moves.
   • Rationale: Very low-priced stocks can be risky and erratic, while very high-priced stocks often require more capital to generate meaningful dollar gains. A $10–$50 range is a practical middle ground for trying to capture short-term price moves toward a daily profit goal like $160.

2. Monthly average dollar volume of at least $2,000,000

   • Purpose: Ensure the stocks trade enough value each month to be reasonably liquid.
   • Rationale: Liquidity matters if you want to enter and exit efficiently. Stocks with higher dollar volume generally have tighter spreads and less slippage, which is important when trying to make consistent daily gains.

3. Relative volume of at least 2.0

   • Purpose: Find stocks currently trading with at least double their normal activity.
   • Rationale: A stock moving with unusually high volume often has stronger momentum and more tradable intraday opportunities. For a daily income target, you want names that are “alive” today, not just historically liquid.

4. Moving average relationship: Price above MA20, below MA200, cross above MA5, cross above MA20

   • Purpose: Identify stocks that are recovering or starting a short-term bullish move, but are not yet in a full long-term uptrend.
   • Rationale:
     • Price above MA20 suggests short-term strength.
     • Price below MA200 can indicate the stock is still in a broader downtrend or has room to keep repricing, which may create tradeable moves.
     • Price cross above MA5 / MA20 signals fresh momentum and a possible breakout or trend reversal.
   • Together, these filters help find stocks with a recent upward shift, which is useful for short-term trading.

5. One-day rise probability at least 70%

   • Purpose: Prioritize stocks with a higher historical/model-estimated chance of rising over the next day.
   • Rationale: Since the user is asking about making money on a daily basis, this filter aims to tilt the screen toward stocks with a stronger short-term bullish setup.

6. One-day predicted return greater than 0

   • Purpose: Only keep stocks with a positive expected one-day return.
   • Rationale: This removes setups where the model expects no gain or a negative outcome, which is aligned with the goal of finding stocks that may help generate daily profits.

Why Results Match:

• The user is asking about making $160 per day on U.S. stocks, which implies a need for short-term, tradable opportunities rather than long-term investing ideas.
• The filters collectively search for stocks that are:
  • Liquid enough to trade efficiently,
  • Actively moving right now,
  • Showing fresh bullish momentum,
  • And have a modeled edge for a positive next-day move.
• This does not guarantee $160/day, but it helps identify stocks that are more suitable for pursuing that kind of daily trading objective.
• In practice, whether $160/day is achievable depends on account size, position sizing, strategy, fees, and risk management.