Stocks offer a range of great trading opportunities.

  • Stocks require $25,000 account balance to comply with day trading rules.
  • Stocks can be cyclical meaning groups of investors target accumulating a given stock and then distributing. This cyclical nature impacts day trading.
  • Stock and options profits are taxed higher than futures.

The best day trading stock is one that provides volatility and volume. Each stock has a different volatility “personality”: some stocks on average move 0.5% per day, some move about 1% per day, and other stocks move more than 5% a day. Different people or institutions often trade the same stocks, so learning the tempo and personality of the stocks you want to trade is an important action.

Trading stock and trading options are two very, very different strategies. The leverage that options provide can be your best friend or your worst enemy. So, having a good system like JIN trading System (JTS), to identify the high probability trades and help you exit at the right time is critical.

One weekly option trade for 5 contracts on NFLX that moves $2.50 could net you over a $500. There many great resources for option trading on the web, there are many different ways to trade options and there are many, many people that make a living trading options.

Plethora of Profitable Day Trades Every Day

Chart Setup

  • 5M Genie trend line up top – trade in direction of Genie for everything but reversals
  • 5M JIN change histogram
  • 5M JIN slope histogram
  • 5X  FLOW MTF slope

JIN Trading System Eval Methodology

  1. Evaluate Price action – Price in downtrend from previous day, reversal failed.
  2. Evaluate Genie – Opens blue, just waiting for a black dot at 10:00.
  3. Evaluate EARL lines – Price below EARL lines so use target of previous day low.
  4. Evaluate JIN and FLOW MTF:
    • JIN change histogram turned blue at 9:55  and supports short entry.
    • JIN Slope histogram turned blue at 10:05 and supports short entry.
    • FLOW MTF 5x slope histogram blue at open and supports short entry.
    • All histograms agree, have momentum and support short entry at 10:05.

JIN Trade Components

The numbers below are highlighted in the image displaying the BABA trade.

  1. Price in downtrend, gaps down at open and then fails to reverse.
  2. Genie down from open and black dot appears at 10:00 to support short.
  3. The JIN Slope and 5X FLOW MTF histograms agree on short at 10:05.
  4. The target exit is slightly above yesterday’s low.
  5. The  exit – Genie line black dot disappears and JIN Change turns green at 10:35. 

Chart Setup

  • 5M Genie trend line up top – trade in direction of Genie for everything but reversals
  • 5M JIN change histogram
  • 5M JIN slope histogram
  • 5X  FLOW MTF slope

JIN Trading System Eval Methodology

  1. Evaluate Price action – Price in downtrend from previous day, open bar down.
  2. Evaluate Genie – Opens blue with black dot, so supportive of short.
  3. Evaluate EARL lines – Price at bottom of EARL range which supports entry, exit 368.77 EARL line.
  4. Evaluate JIN and FLOW MTF:
    • JIN change histogram opened blue and supports short entry.
    • JIN Slope histogram opened blue and supports short entry.
    • FLOW MTF 5x slope histogram opened blue and supports short entry.
    • All histograms agree, have momentum and support short entry at 9:35.

JIN Trading Components

The numbers below are highlighted in the image displaying the NFLX trade.

  1. Price in downtrend, big bear bar and JIN Change is negative.
  2. Genie down from open with black dot appears at 10:00 to support short.
  3. The JIN Slope and 5X FLOW MTF histograms are blue and agree.
  4. The target exit is EARL range line.
  5. The  exit – Genie line black dot disappears, target EARL range line reached, JIN Slope turning green and price reversing. 

Chart Setup

  • 3M Genie trend line up top – trade in direction of Genie for everything but reversals
  • 3M JIN change histogram
  • 3M JIN slope histogram
  • 3X  FLOW MTF slope

Evaluation Methodology

  1. Evaluate Price action – Price in downtrend from previous day, open bar down.
  2. Evaluate Genie – Opens blue with black dot, so supportive of short.
  3. Evaluate EARL lines – Opening bar close below 94.30 EARL range line which supports entry, exit bottom EARL range line at 92.67.
  4. Evaluate JIN and FLOW MTF:
    • JIN change histogram opened blue and supports short entry.
    • JIN Slope histogram opened blue and supports short entry.
    • FLOW MTF 5x slope histogram opened blue and supports short entry.
    • All histograms agree, have momentum and support short entry at 9:33.

Setup and Results

The numbers below are highlighted in the image displaying the XBI trade.

  1. Price in downtrend, big bear bar and JIN Change is negative.
  2. Genie down from open with black dot and supports short.
  3. The JIN Slope and 5X FLOW MTF histograms are blue and agree.
  4. The target exit is EARL range line at bottom, but reversal back to 93.68 line likely.
  5. The  exit – Genie line black dot disappears at 9:42, JIN Change is green so possible exit or hold through reversal to target EARL range line.

BABA Trade Stats

  • Instrument – BABA
  • Trade type – Day trade – Short
  • Entry – 2018/10/4 – 10:05 -158.39
  • Exit – 2018/10/4- 10:35 – 156.45
  • Results  – $1.94 profit/ Share – great option profit with 5 contracts.

BABA Day Trade

NFLX Day Trade

  • Instrument – NFLX
  • Trade type – Day trade – Short
  • Entry – 2018/10/4 – 9:35 -373.04
  • Exit – 2018/10/4 – 9:45 – 369.60
  • Results  – $3.44/Share profit – great option profit with 5 contracts.

NFLX Day Trade

NFLX

XBI Day Trade

  • Instrument – XBI – S&P Biotech ETF
  • Trade type – Day trade – Long
  • Entry – 2018/10/4 – 9:33 – 94.18
  • Exit – 2018/10/4 – 9:42 – 93.27
  • Results  – $0.91/Share profit – great option profit with 5 contracts.

XBI Day Trade