The further into your day trading journey you get, the more you’re going to realize that you see many of the same stocks over and over again that you are using to make money. At times this can almost feel like you are doing something wrong from a strategy standpoint. I mean, we’re day traders right? We are supposed to be hopping from one stock to another and taking our quick money, right? WRONG! Whenever you come across a stock that is continuously volatile and giving trading opportunity, take advantage of it! I like to call these kinds of stocks “cash cows”. You are always looking to milk them for profits each and every day. Now of course, none of this implies these kinds of stocks will make you money in a guaranteed kind of way; however, the more you follow a stock, the more you’ll get to know and understand the stock movement’s tendencies. For me lately, it’s been all about AMC. I know many people are holding AMC for the long term, but as a day trader, I plan on simply day trading it each day as long as there is enough action to make it worth my time. When you find a stock such as AMC that “pays the bills”, keep on milking the cash cow!

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