When you start day trading stocks, one of the most logical questions to be asking is this: “is this stock a good buy?” Nothing fancy. Nothing complicated. As a day trader the goal is to make money online, so common sense would suggest that you need to buy good stocks so that you make money. The challenge in regards to the stock market however is that the “simple approach” is often… well… too simple! If you want to learn how to start day trading stocks wisely, you need to understand how a day trader actually approaches a trade. Once you understand how to look at a stock, you will learn there are several questions that need to be considered before ever pressing the buy button. Figuring out if a stock is a good buy depends on several factors, so let’s look at each one of these factors in a step-by-step method.

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