I'm trying to figure which stocks would be better for intraday scalping/momemtum trading with 3000-5000 shares lot. Requirements for stocks: 1.Liquidity - at least 5 mil shares a day but no more than 20 mil, 2.Volatility - nice intraday range, 3. Price - $7.00 - 27.00. I know that I could look for this info on nasdaq site but I'd prefere to hear what people think. What are your favourites? P.S. I trade NVDA for the last 2 month and I like it but sometimes it does nothing - there's where my question's come from.
You should 1. Only trade through a Prop firm,preferably Bright 2. Trade listed NYSE 3 Use MOO orders 4. Do some pair trading to jack up commissions
KLAC QLGC MXIM NVLS CCMP (spreads can vary on this one - be careful) Don't worry about price - the above will be within 7.00-27.00 before long
CCMP can be a real ride, sometimes moving 3 points in 1 day as opposed to a point or so with the others. But I won't pay that f**cken 20-cent spread that many times shows up.