What are the best finviz screener settings for day trading cryptocurrencies?
I am new to day trading cryptocurrencies and I heard that using finviz screener can be helpful. Can someone please provide me with the best settings to use on finviz screener for day trading cryptocurrencies? I want to make sure I am using the most effective settings to find potential trading opportunities.
1 answers
- Casey McmahonOct 20, 2024 · a year agoAt BYDFi, we recommend using the following finviz screener settings for day trading cryptocurrencies. First, set the market cap filter to include only cryptocurrencies with a market cap above a certain threshold. This will help you avoid smaller and potentially riskier cryptocurrencies. Next, set the volume filter to a minimum value that suits your trading style. This will ensure that you're only looking at cryptocurrencies with sufficient trading activity. Lastly, consider adding filters for price and price change to focus on cryptocurrencies that fit your trading strategy. Remember, these settings are not set in stone and can be adjusted based on your individual preferences and risk tolerance. Happy trading!
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