Advanced Techniques in Day Trading: A Practical Guide to High Probability Day Trading Strategies and Methods

Andrew Aziz

Chapter 3:
Building Your Trading Watchlist

Your next challenge as a new trader is knowing how to find stocks for day trading. Every trader, before the market opens, must have a number of stocks on their radar that they will monitor for trading opportunities. This is called the watchlist. In this chapter, I will explain how to find Stocks in Play in the pre-market, and how to use real time scanners to find stocks during the market Open. There are too many new traders who do not know what a good stock to day trade is, nor how to find one, and they waste too many trading days getting chopped up by computers and high frequency trading, mistakenly believing that the market is impossible to day trade in.

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