I'm looking to make a list of blue chip stocks that move consistently and significantly enough to day trade to put my focus on, rather than jumping around to whatever low float stock is making moves that day. My plan is to trade options- calls and puts, rather than buying shares, but my capital is limited, so stocks like Tesla with very expensive options might not be ideal for me. I would appreciate any suggestions of either stocks that you recommend, or resources where I can find what I'm looking for. Thanks!
Day trading blue chip stocks on a budget
- Thread starter VinceField
- Start date
Seems contradictory. Blue chip stocks either don’t move much, or grow to the point when they’re expensive. If they’re not expensive then they don’t move, or move both ways and are risky or not much different than any random stock you may pick.
Though this year everything was moving pretty crazily. If you want to trade both ways then any hospitality/entertainment/travel industry stocks are moving a lot. Also healthcare.
If you want something safer than any large tech companies, also BA.
While you can trade option spreads to make it less expensive on any stock, including TSLA, SHOP, etc.
Though this year everything was moving pretty crazily. If you want to trade both ways then any hospitality/entertainment/travel industry stocks are moving a lot. Also healthcare.
If you want something safer than any large tech companies, also BA.
While you can trade option spreads to make it less expensive on any stock, including TSLA, SHOP, etc.
One, two and five minute charts. Yes I have entry methods.
Good amount of daily volume and atr high enough to capture worthwhile moves on a daily basis.
I have an active cash account with $3k and a margin account with $2k. I expect you've collected all the preliminary data necessary to answer my question.