What stocks are best to day trade?

I have made some descent money trading penny stocks but of course have lost alot too.. I am 25 and new to this, my brother used to day trade but hasnt in years. I am looking for quality stocks that go up and down throughout the day I can buy on the low side and sell on the high side. I need stock symbols to look at or tips from someone who is successfully day trading. Thanks!

Public Comments

1. JCP
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GM

2. Nearly everyone who day trades loses money. In a bull market you can make money that way, but would make more by buying and holding for a longer period.
Day trading makes more money for brokers than for their customers.

3. there is no specific answer to your question. but day traders profit (or lose) on volatility, the amount of movement in a stock price.

so think about it: a stock that has low volatility has less changes in price than one w/high vol. so jsut for demonstrative purposes, say your stock has zero volatility. you buy the stock at $5, and it never moves. how can you profit?? in fact, you lose b/c of trading costs.

but a stock w/high volaltility, and high volume, moves around a lot. tech stocks, like amazon for example, move alot in any given day. look at some charts and become familiar w/trading ranges (daily, monthly, etc) of some stocks. get to know it. know what's going on in the market and industry. check the morning news, and check overnight performance of other markets. look for pending earnings releases, or economic releases.

day trading is a tough way to scratch out a living though. that i can tell you for sure

try tech stocks for high volatility.

4. SKF may be good for day-trading. It does change a lot every day.