What stock should i day trade today

Screening Filters & Rationale

1. market_cap (min: 500,000,000):

   • Purpose: Focus on mid- to large-cap stocks to avoid highly illiquid, easily manipulated small caps.
   • Rationale: Companies above this size are typically more stable and have tighter spreads, making entries and exits more reliable for day trading.

2. price (min: 5, max: 100):

   • Purpose: Target tradable price ranges that balance volatility with affordability for position sizing.
   • Rationale: Stocks under $5 can be highly speculative, and those over $100 can be capital-intensive and less flexible for intraday scaling in and out.

3. volume (min: 2,000,000):

   • Purpose: Ensure high daily trading activity so orders can be filled quickly.
   • Rationale: High volume generally means tighter bid-ask spreads and lower slippage, both critical for short-term trades.

4. weekly_average_turnover (min: 5,000,000):

   • Purpose: Confirm that strong liquidity is consistent over the recent week, not just a one-day spike.
   • Rationale: Sustained turnover reduces the risk of getting trapped in positions when volatility or interest suddenly dries up.

5. list_exchange (XNYS, XNAS, XASE):

   • Purpose: Limit candidates to major U.S. exchanges with robust regulation and reliable market data.
   • Rationale: These exchanges tend to have better liquidity, tighter spreads, and fewer trading anomalies, which suits systematic day trading.

6. is_trending (True):

   • Purpose: Focus on stocks already showing clear directional movement or momentum.
   • Rationale: Trending names are more likely to produce meaningful intraday swings, offering better risk/reward for day trades.