How do traders choose what to trade on a given day?

Many traders trade the same Asset or small group of assets every day. The added familiarity and experience with a single Asset can make for easier less stressful trading.

Other traders may utilize scanners or other methods to find “Stocks in Play” for the day. And they will repeat this same process day after day. The word Stocks could be substituted with any asset, be it futures, forex or crypto.

The term “stocks in play” refers to stocks (or other asset) that are experiencing higher-than-average volatility and trading volume during a specific trading session. These stocks are often the focus of traders because they offer opportunities for quick profits due to their rapid price movements. Stocks in play are usually driven by specific catalysts that attract a lot of attention and trading activity.

It is the personal preference of traders to decide whether they will trade the same asset or search for different assets on a day to day basis.

Each has it advantages.

I have done both and found that trading the same asset everyday has made for a less stressful trading experience for me personally.