FBS, a leading global trading platform, shares insights
into the appealing strategies for stock day trading in 2023. FBS outlines the
criteria for fruitful stock selection and lists favored stocks for day
CFD-trading.
Day trading, characterized by rapid buying and selling
decisions within a single trading day, has surged in popularity, with over 20
percent of traders having experimented with this risky yet promising strategy
at least once. As a global broker with over a decade of experience in financial
markets, FBS is
committed to providing traders with the knowledge they need to make informed
decisions in the fast-paced trading environment.
FBS identifies a successful day trading strategy as the one
based on a careful selection of stocks according to five criteria: volume,
liquidity, volatility, price segment, and the news. According to FBS, the
golden rule lies behind prioritizing higher volume stocks for efficient trade
execution, favoring stocks with higher liquidity for swift entries and exits,
assessing the speed and magnitude of price movements to make profit vs. risk
estimations, choosing stocks with suitable prices for effective position
sizing, and keeping up with the market news.
Based on these criteria, FBS analysts point out seven
global companies with high volatility and impressive trading volume stocks that
demonstrate promising opportunities for day traders this year:
- Tesla
Inc. (TSLA), a leading electric vehicle company, is well-known for its
volatility and high trading volume stocks. - Meta
Platforms Inc. (META), with Facebook, WhatsApp, Instagram,
and other online assets behind, offers profitable price changes for intraday
traders. - Nvidia
Corp. (NVDA): stocks of this multinational technology company
experience significant intraday fluctuations. - Advanced
Micro Devices Inc. (AMD): with its solid reputation and high
trading volume, this semiconductor company is a good choice for day traders. - Airbnb
Inc. (ABNB), a booking and traveling platform, offers high liquidity
and volatility stocks. - Microsoft
Corp. (MSFT) can also be characterized by high liquidity stocks. - Apple
Inc. (AAPL) has solid financial performance and consistent growth,
ideal for day trading.
This list serves as a starting point, highlighting stock
CFDs with good trading potential in 2023. FBS urges traders to conduct
preliminary research, evaluate trends, and employ appropriate risk management
strategies to optimize their trading experience.
For more information about trading and risk management,
please visit www.fbs.com.
About FBS
FBS is a licensed worldwide broker with over 14 years of
experience and more than 75 international awards. FBS is steadily developing as
one of the market’s most trusted brokers, with its traders numbering more than
27,000,000 and its partners exceeding 500,000 around the globe. The annual
trading volume of FBS clients is over $8.9 trillion. FBS is also the Official
Partner of Leicester City Football Club.