Relative Strength trading
Also known as Real Day Trading. Day and swing trades with the market. Liquid mid and large caps with options.
Hari and the Real Day Trading community teach traders to read the market first, then compare a stock with SPY. A stock holding up while SPY falls may be worth a closer look. They look for daily and intraday charts that agree, often in liquid mid and large caps with options.
Scans to try
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RS is on every grid.
RS 1H,RS 2HandRS 2W: strength vs SPY over the last hour, two hours and two weeks. Compare those readings before opening the chart. -
Ready-made lists:
Strongest,Rising Strength,Top Longs, and their mirrorsWeakestandFalling Strengthfor the short side. -
All Clearchecks the same condition on 15m, 1h, 4h and daily at once. The Green All Around starter does the same as a template. -
Call %/Put %flow columns plus a Has Weekly Options filter: keep any scan to names with a tradeable chain. - Market direction and sector strength stay on screen. You know what the tape is doing before you pick a name.