Day trade most profitable right now

Quick Note on “Most Profitable”

No screen can guarantee which stocks will be “most profitable” for day trading right now. What we can do is filter for stocks that have characteristics day traders typically look for: high liquidity, strong intraday moves, and unusual trading activity. That’s what these filters are designed to capture.

Screening Filters

1. Market Cap ≥ $500M ('market_cap': {'min': '500000000'})

   • Purpose: Focus on mid- and larger-cap stocks.
   • Rationale:
     • These companies are generally more established and less prone to extreme manipulation than tiny micro-caps.
     • Larger caps usually have tighter spreads and more stable order books, which is critical for entering and exiting intraday trades efficiently.

2. Price Between $5 and $150 ('price': {'min': '5', 'max': '150'})

   • Purpose: Avoid ultra-low-priced penny stocks and very high-priced shares.
   • Rationale:
     • Stocks under $5 often have higher risk, wider spreads, and are more easily manipulated—common traps for day traders.
     • Extremely expensive stocks (e.g., $500+) may be less accessible for active trading with a smaller account and can have wider spreads.
     • The $5–$150 range balances decent volatility with better liquidity and manageability for intraday position sizing.

3. Minimum Daily Volume 2,000,000 Shares ('volume': {'min': '2000000'})

   • Purpose: Ensure strong liquidity today.
   • Rationale:
     • High volume makes it easier to get in and out without moving the price too much.
     • Tightens bid-ask spreads, reducing trading costs—crucial for day trading where many trades are made with small profit targets.

4. Relative Volume ≥ 2 ('relative_vol': {'min': '2'})

   • Purpose: Identify stocks trading at least 2x their normal volume.
   • Rationale:
     • Unusually high relative volume signals something special is happening—news, earnings, upgrades/downgrades, or sector catalysts.
     • This often correlates with bigger intraday moves and more trading opportunities, which is exactly what day traders want.

5. Price Change Today ≥ +4% ('price_change_pct': {'min': '4'})

   • Purpose: Focus on strong movers.
   • Rationale:
     • Day traders need volatility to make meaningful intraday profits. A ≥4% move indicates the stock is actively trending or reacting to a catalyst.
     • This filter cuts out “flat” names that may be safe for investors but offer little opportunity for day trading.

6. Major US Exchanges Only ('list_exchange': ['XNYS', 'XNAS', 'XASE'])

   • Purpose: Restrict results to NYSE, NASDAQ, and NYSE American.
   • Rationale:
     • These exchanges have stricter listing standards and generally better liquidity and transparency than OTC or pink sheets.
     • This aligns with typical day-trading practice of sticking to major exchanges for reliability and execution quality.

7. Region: US ('region': ['US'])

   • Purpose: Match your request for the US market.
   • Rationale:
     • Ensures all results are US-listed companies, so they follow US market hours, rules, and reporting standards, fitting your “US market right now” requirement.

Why the Results Match Your Day-Trading Goal

• The screen targets liquid, mid+ cap US stocks with:
  • Strong intraday price movement (≥4% move),
  • Unusually high trading activity (relative volume ≥ 2),
  • High absolute volume (≥2M shares),
  • And manageable price levels for active trading.

Together, these filters are designed to surface stocks that are actively in play today and more likely to offer good day-trading setups, while avoiding the riskiest, least liquid corners of the market. Profitability will still depend on your entries, exits, risk management, and strategy.