What should i be say trading today

Screening Filters

1. Price: $10–$150

   • Purpose: Focus on reasonably priced, actively traded stocks and avoid ultra-penny names or very high-priced shares that are less practical for many traders.
   • Rationale:
     • Below ~$10, many stocks are more speculative, can have wider spreads and be more easily manipulated.
     • Above ~$150, position sizing becomes trickier for smaller accounts and intraday trading.
     • 10–150 is a “sweet spot” range where there is usually good institutional participation and tighter bid–ask spreads, making trading more efficient.

2. Monthly Average Dollar Volume: ≥ $1,000,000

   • Purpose: Ensure sufficient liquidity so you can enter and exit positions without excessive slippage.
   • Rationale:
     • Dollar volume (price × volume) is a better liquidity measure than share volume alone.
     • A minimum of $1M/day on average over a month means the stock typically has enough trading activity for most retail strategies.
     • This reduces the risk of getting “stuck” in illiquid names or moving the price against yourself.

3. Relative Volume (Today vs. Normal): ≥ 1.5

   • Purpose: Find stocks that are trading with unusually high activity today compared with their own normal levels.
   • Rationale:
     • Relative volume ≥ 1.5 means today’s volume is at least 50% higher than typical, often signaling fresh news, catalysts, or increased institutional interest.
     • Higher-than-normal volume tends to coincide with better intraday liquidity and cleaner price action, which traders often prefer when looking for opportunities “today.”

4. Price Change % (Today): 2%–8%

   • Purpose: Target stocks that are moving meaningfully today but are not in extreme, highly unstable moves.
   • Rationale:
     • Less than ~2% move might indicate a quiet, range-bound day—less interesting for short-term trading.
     • More than ~8% intraday move can sometimes be very news-driven or volatile, increasing risk and whipsaw potential for many traders.
     • The 2–8% range balances opportunity (enough movement to trade) with some degree of control over volatility.

Why Results Match Your Question (“What financial assets should I consider trading today?”)

• The filters narrow the universe to stocks that are:
  • Liquid and tradable today (dollar volume + price filters).
  • Actively “in play” today (high relative volume and decent price move).
• Together, they aim to surface practical trading candidates for today’s session: names that are moving enough to offer opportunity, yet generally not so illiquid or extreme that they become unmanageable for typical traders.