What should i trade in today to day trade

Screening Filters

1. Price: min $1, max $150

   • Purpose: Focus on reasonably priced, actively tradable stocks and avoid extreme price outliers.
   • Rationale:
     • Min $1: Excludes ultra-low-priced “penny stocks,” which often have poor liquidity, wide spreads, and are more prone to manipulation—undesirable characteristics for a day trader seeking quick entries/exits.
     • Max $150: Keeps you in a range where:
       • Position sizing is flexible (you can buy enough shares to scale in/out easily).
       • Bid–ask spreads tend to be tighter than very high-priced stocks, reducing trading costs.
         Overall, this range is typical for many day-tradable names balancing volatility and liquidity.

2. Volume: min 300,000 shares (daily)

   • Purpose: Ensure sufficient liquidity for intraday trading.
   • Rationale:
     • Higher volume generally means:
       • Tighter bid–ask spreads (lower slippage).
       • Easier order execution, even with larger position sizes.
       • More intraday price movement and cleaner technical patterns (important for day trading setups).
     • A 300k minimum filters out very thinly traded stocks where you could get “stuck” in a position or move the price against yourself.

3. List Exchange: XNYS, XNAS, XASE (NYSE, NASDAQ, AMEX)

   • Purpose: Limit results to major U.S. stock exchanges.
   • Rationale:
     • NYSE, NASDAQ, and AMEX generally have:
       • Better regulation and transparency.
       • Higher average liquidity and more institutional participation.
       • More reliable data for charts and intraday signals.
     • This avoids OTC and pink-sheet names, which are riskier and less suitable for professional-style day trading.

4. Region: United States

   • Purpose: Focus on U.S.-listed stocks.
   • Rationale:
     • U.S. markets are among the most liquid and are well-suited to intraday strategies.
     • Consistent trading hours, well-known news flows, and abundant technical/market data.
     • Avoids complications with foreign market hours, currency risk, and different regulatory environments—important for someone just asking what to consider “today.”

Why Results Match Your Day-Trading Request

• The filters prioritize liquidity (via volume and major exchanges), which is critical for entering and exiting positions quickly.
• The price range is tailored to instruments that are active and tradable intraday, while avoiding many of the most problematic penny stocks or extremely high-priced shares.
• Focusing on U.S. major exchanges delivers a universe of stocks where day trading strategies are most commonly and practically implemented.

Note: You asked about “financial instruments” broadly, but these filters specifically target U.S. stocks suitable for day trading. Other instruments (options, futures, ETFs on other regions, etc.) would require different or additional filters.