If you trade using some form of technical analysis then at any given time, on any given time-frame, there will be a stock that is exhibiting the exact behavior that satisfies your criteria.
Given the above, why the fascination with forex/commodities/index futures and crypto?
Hi Chad,
I’ve thought about your question over a few days and some thoughts come to mind:
Individual stocks are more difficult to trade on the short side than are stock index futures.
Individual stocks are at much greater risk of adverse gaps. I’ve seen stocks gap down on the open by more than 50% and the reverse can also be true. If you are short a stock and the company is the target of a takeover or a really good earnings report comes out on a stock that is heavily shorted and your trade could be taken to the cleaners.
Day trading individual stocks is much harder than day trading stock index futures.
The margin requirements by regulation-T (in the United States) requires you to put 50% of the stock’s value down in your margin account. The only way around that is to become a member of a stock exchange or some other type of professional where you can borrow money from a bank to put into a margin account. The only legal way I know of for a non-professional private trader to get around regulation-T is to buy stock options.
Just some food for thought.