Pre-Market Preparation: Gain an Advantage
Pre-market timing (before 9:30am EST) can yield significant profits in day trading. Experienced traders use scanners to spot volume spikes, gaps and early morning news catalysts.
Look for stocks with unusual pre-market volumes – at least 3-5 times the average. Check daily news, such as earnings momentum or FDA approvals, as these often inspire early momentum trades.
Create a pre-market watchlist
Set up your watch list between 07.00 and 08.30 and focus on:
- volume over 100k
- Price change >3%
- The strong catalyst behind this move is
Use tools like TradingView, FinViz or ThinkOrSwim Scanner to save time. Pair this with solid risk management to start your trading day with confidence and a clear plan.