Best Industries to day trade

Discussion in 'Trading' started by overbay21, Mar 25, 2009.

  1. Fairly new trader here so pardon the ignorance if this is a stupid question but I am curious...what are the best industries to focus on when day trading? Obviously financials at the moment are extremely volatile and have had huge volumes so I'm sure everybody's trading them but how about more traditionally? Tech, healthcare, energy, materials? Or does it really vary depending on current conditions?
    Thanks guys.
     
  2. noddyboy

    noddyboy

    Either trade a big liquid industry with leverage eg Financials and use TA as you can't learn everything, or a small volatile industry without leverage eg Fertilizers but learn everything about the companies. Depends on your style.