Day trading systems


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Are you looking for something new ?

What about a:

- Full trading software (multi-database, true portfolio back-testing, advanced charting, advanced money management, composite, neural network prediction and a lot of other plug-ins)

- Sharing server where users can share trading systems, download items, rules, scripts, composite items ...

- Social network website where users can rate, comment, download others users shared items, discuss and learn from others traders, track others traders downloads, uploads...

The software is currently in a beta-testing phase, get your FREE copy now, visit QuantShare website.


January 12, 2005
What make a stock suitable for day trading?

Every stock must have some basic characteristics or factors that make it suitable for day trading; the following characteristics are the most important:

•  Liquidity

•  Spread

•  Volatility

First, liquidity is necessary because you want to enter and exit a trade quickly. Liquidity also makes some pattern to be stronger, imagine a channel breakout that occurs; if the stock is not liquid then nobody will make the stock moving higher.
Also liquidity reduce the spread (difference between ask and bid), and this will help you reducing your slippage (difference between current price and executed price) when entering and exiting trades at market price.
If you want to trade 1 000$ for a particular stock then it is better that the stock' volume is higher than 100 000$ daily to make sure that you will get the best execution (Small slippage).
Volatility (actual or expected price movement of a stock) is another important factor for day traders and probably more important for scalpers. When day trading, you want big but quick profits and you probably know that the more volatile the stock, the more it can move quickly.
All theses factors are available as filters in Trade-Ideas and they are necessary to catch only stocks that are suitable for day trading.

I use theses filters in my own Trade-Ideas settings:
Daily volume > 10 000 000$
Spread < 20 cents
Volatility > 0.4%



20 Last Articles & News :

CHBO Outperform Russell2000 Index during bull and bear market
2 TD (Trading System) added and 2 TD updated
Filters and strategy performance
New trading strategies for next week
Yesterday, Trading System 4 picks

Day trading tool
Example of yesterday GBBOT alert
Broker Commission
New profitable Trade-Ideas Alert screens
Trade-Ideas best used with Medved QuoteTracker
Some information about trade-ideas 2006 new features
New profitable strategies
Market Order or Limit Order
Mininum Bid and Ask size filters
Other use of Trade-Ideas screens
Exit Strategies
Day trading Introduction
Sorting performance by filters values
Two trades i made yesterday using CHBO alert.
Improvements in my software


Best stock execution in day trading @