Google AI
The Times Australia

FBS Unveils Best Day Trading Strategies for 2023

KULAL LUMPUR, MALAYSIA - Media OutReach - 27 September 2023 - 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:
  1. Tesla Inc. (TSLA), a leading electric vehicle company, is well-known for its volatility and high trading volume stocks.
  2. Meta Platforms Inc. (META), with Facebook, WhatsApp, Instagram, and other online assets behind, offers profitable price changes for intraday traders.
  3. Nvidia Corp. (NVDA): stocks of this multinational technology company experience significant intraday fluctuations.
  4. Advanced Micro Devices Inc. (AMD): with its solid reputation and high trading volume, this semiconductor company is a good choice for day traders.
  5. Airbnb Inc. (ABNB), a booking and traveling platform, offers high liquidity and volatility stocks.
  6. Microsoft Corp. (MSFT) can also be characterized by high liquidity stocks.
  7. 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.ms-brokerfbs.com.
Hashtag: #FBS #stocks




The issuer is solely responsible for the content of this announcement.

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.

Times Magazine

Apple Duo The $5,899 phone: How did we get here?

A folding screen is an engineering achievement. The willingness to spend several thousand dollars ...

What I wish I had known before buying an electric car

Electric vehicles can offer quiet driving, convenient home charging and relief from petrol prices...

Australia leads APAC in AI ROI, despite widest confidence gap

Notion appoints Tom Karemacher as ANZ General Manager to close the AI confidence gap as 61% of decis...

Technology

Apple Duo The $5,899 phone: How did…

A folding screen is an engineering achievement. The willingness to spend several thousand dollars ...

Local News

Brisbane Launches Zero Dollar Store…

A Brisbane-based online marketplace is taking a different approach to buying and selling: everything...

Culture

How much do we really spend on food?

The supermarket receipt tells only part of the story. Coffee, lunches, takeaway and dining out can...

Travel

Broome and Byron Bay: protecting the environm…

On opposite sides of Australia, two celebrated coastal destinations face a shared challenge: maint...

The Times Features

How much do we really spend on food?

The supermarket receipt tells only part of the story. Coffee, lunches, takeaway and dining out can...

Broome and Byron Bay: protecting the environment that m…

On opposite sides of Australia, two celebrated coastal destinations face a shared challenge: maint...

Camden Valley Inn Brings Oktoberfest to Life with Three…

Get ready to raise a stein, don your lederhosen and embrace the spirit of Bavaria, with Camden Val...