Best Stocks for Scalping

S

stasbz

my greetings.
experienced traders: could you give me advice what stocks best for scalping? (under scalping i mean - take some ticks, keep position from 2c to some miniutes depends of market)
we can divide stocks in four categories: volume, volatility, price, plain chart.
i think that best stocks for scalping - price $10-25, 50-75c range.
What about volume? it is better to trade high volume stocks or 1-3m?
what more difficult? it is better to start from low volume stocks?
 
for me $SPY is the best because it is LIQUID

for the 10-25 range

Us Steel X. (moves fast and range is more like 1 1.50 with the vix here at 30)

Petrobras PBR- Range is small sometimes only 50 cents. It is liquid.

QQQ is liqiud with a range about 50 cents or more



good luck trading
 
SINA is very volatile, liquid enough, and a higher share price means you pay relatively less commission if you have a per-share commission with your broker. But be careful, it moves a lot and you need to be fast. It doesn't follow the market so much, or the news.

Volume (liquidity) is very important. In scalping you probably use market orders, so you will want to get filled at better prices. Don't scalp low volume stocks, you will get very bad fills.

Don't scalp stocks worth less than $1, no no no.
 
Quote from Petrobras:
for me $SPY is the best because it is LIQUID
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What on earth does liquid mean?

I've dealt with all sorts of ETFs & stocks. They all seem to buy & sell just fine.

The only requirement I have is that their market cap needs to be one half million dollars or higher. That keeps the difference between the bid ask prices very small, like 1 penny apart.
 
Look into PCX, it is 10-13 dollar range and it is nothing for it to swing 5-8% in a short time period in the day. I have made profits on it sort of scalping options on it daily... I compare PCX to a wild bull, if you can figure out how to ride it, you've got it made.
 
Yamana suits the criteria.

very tight spreads with a 1-3c spread, high volume with lots of liquidity and a great range. Also works well for margin being in it's teens.
 
Quote from Petsamo:

What on earth does liquid mean?

I've dealt with all sorts of ETFs & stocks. They all seem to buy & sell just fine.

The only requirement I have is that their market cap needs to be one half million dollars or higher. That keeps the difference between the bid ask prices very small, like 1 penny apart.
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Liquid? I mean you can buy or sell 10,000 shares (or more) at anytime and get filled to to the penny. You cannot do that on most regular stocks (on normal circumstances). I am highlighting the word liquid to explain it is extra liquid compared to everything else

ps- not all stocks with a market cap of X have trade with ANY way in regards to spreads and liquidity. It is up to market participants to determine this
 
Quote from Petrobras:

Liquid? I mean you can buy or sell 10,000 shares (or more) at anytime and get filled to to the penny. You cannot do that on most regular stocks (on normal circumstances).
say's who....
filled at market then you will be filled to the penny at all time's
you answer is illogical ..
order exactness no problems any reg equity will insure volume enough to ensure your order if reached .,, assuming it's specified ....
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Quote from ken__0:

Quote from Petrobras:

Liquid? I mean you can buy or sell 10,000 shares (or more) at anytime and get filled to to the penny. You cannot do that on most regular stocks (on normal circumstances).
say's who....
filled at market then you will be filled to the penny at all time's
you answer is illogical ..
order exactness no problems any reg equity will insure volume enough to ensure your order if reached .,, assuming it's specified ....
More...

says me.

I am talking GENERAL about the liquidity and next trade. This is a scapling discussion. If you scalp your trading fast. your not waiting for a exchange to meet your needs on a big order of stock that is thinly traded and wait for someone to fill you. do you know anything about removing liquidity and removing it fast? it sounds like your used to placing limit orders with a broker and waiting to get filled. If SPY stock is trading 120.01 bid 120.02 offer [with 20,000 shares on each side..] Then if you sell 20,000 shares arca market. You will get filled at 120.01. How is this hard to understand? How is this illogical. I am being general about liquidity and getting filled to the penny in this case im talking SPY because it has this amount of depth all day long. Nothing else trading has this amount of depth with that high of a price. Thats why its the s&p500... people use this for day trades swing trades, hedging risk ect. This is why its high volume!


Now if you pull up exxon mobile and press sell 10,000 shares arca market you will NOT get filled at the bid price because the bid price you see will likely only have 500 shares for example. (unless there is someone there with 10k shares which is unlikley)

this is exactly my point about all stocks not trading the same. you can obviously get in and out of JPM chase on 100 shares easily, but at what point do you lose this ability? prob around 3k shares
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Quote from Petrobras:

says me.

I am talking GENERAL about the liquidity and next trade. This is a scapling discussion. If you scalp your trading fast. your not waiting for a exchange to meet your needs on a big order of stock that is thinly traded and wait for someone to fill you. do you know anything about removing liquidity and removing it fast? it sounds like your used to placing limit orders with a broker and waiting to get filled. If SPY stock is trading 120.01 bid 120.02 offer [with 20,000 shares on each side..] Then if you sell 20,000 shares arca market. You will get filled at 120.01. How is this hard to understand? How is this illogical. I am being general about liquidity and getting filled to the penny in this case im talking SPY because it has this amount of depth all day long. Nothing else trading has this amount of depth with that high of a price. Thats why its the s&p500... people use this for day trades swing trades, hedging risk ect. This is why its high volume!


Now if you pull up exxon mobile and press sell 10,000 shares arca market you will NOT get filled at the bid price because the bid price you see will likely only have 500 shares for example. (unless there is someone there with 10k shares which is unlikley)

this is exactly my point about all stocks not trading the same. you can obviously get in and out of JPM chase on 100 shares easily, but at what point do you lose this ability? prob around 3k shares
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Predicting order flow from humans and algo's tricky business ..
I leave that to you smart people
Match point well said :D
 
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