5 Prominent Day Trading Stocks You Can Confidently Invest In

Day trading can be a risky endeavor and even the slightest slip can lead to bad repercussions. The biggest point to be kept in mind is the time limit – a day; within which you have to make sure the calls made are right and you exploit each possible opening. The terms “volume” and “volatility” play a huge role in online trading, even more so in day trading. 

There are individuals who prefer volume over volatility, so even a minor hike in the charts will make them go all in. Then, there are those who have enormous patience and wait till the numbers are mighty huge before investing, however, this is time-consuming. If you’re new to the day trading game, then you will need the awareness of some basic know-how’s before you take a dip into the mighty ocean that trading is.

Here are the chart-toppers in day trading:

1) SPDR S&P 500 trust: This is an ETF (exchange-traded fund) which is traded on NYSE Arca. SPDR stands for Standard and Poor’s Depository Receipts, which was ETF’s name prior to the change. SPDR is currently the largest ETF stock in the world. With a volume of over 125 million, it’s no surprise that SPDR tops the list.

2) Bank of America: Bank of America or BAC is an American financial service institution. Not only is it second on day trading charts, but is also the second biggest bank in the United States of America. With assets worth over $2 trillion and equity well over $260 billion, BAC serves as a steady ground to day trade.

Online Share Trading

3) MSCI Emerging Markets: Known as EEM, this is one of the best trade stocks on the charts. Placed at top 5 and having a relatively consistent equity, emerging market ETF is amazing exposure for people who are deep into the trading business and are active.

4) Apple: When you own an Apple watch, phone, and tab, why not peeks into AAPL. As of June, Apple stocks have hit a record high and are showing healthy signs of continuing. For beginners or even for the regulars, AAPL is an amazing ground to day trade on. 

Online trading is always a hassle without the right means. Without a proper initial boost, you can never have a cushioned drop. Having to land hard into losses in a fluctuating market can be very sour. We at WesternFX exist to solve your trading troubles. 

Stock markets in Sri Lanka call for dedicated tending and we offer you the best solutions to your online share trading queries! From creating a trading account to guiding you through the lows and highs – we do it all. 

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