Apple (AAPL) is a great stock to trade on a daily basis. It has the perfect confluence of characteristics. First of all, the stock and the company is hot. You can find news on Apple virtually any day, any hour of the day 24x7. Secondly, there's incredible liquidity, with an average of nearly 35 million shares traded daily, 50-60 million on special days. It had volatility, and depth. Many days the stock ranges 2 percent between its daily lows and highs, sometimes as much as 5 percent.
What you need is a strategy that determines when to get in, and when to get out. When to short and when to go long. Whether to day trade or swing trade. Using a formulaic approach, you can find as many as 5 or 6 quality trading opportunities in a single day, netting as much as 5 percent. And that's on a relatively normal day of activity.
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