Skip to main content
Connecting to market data...

Pre-Market Mover Scanner Strategy — Trading the First 30 Minutes

r/DaytradingstocksIntraday (first 30 minutes)by reddit_community

Pre-market scanner: 4%+ gaps with news + volume. Trade top 3 picks. Enter on first 5-min new high. Most edge in first 30 min. 4-5 trades/week.

ENTRY RULES

Pre-market scan at 9:00 AM for stocks up 4%+ | Must have specific news catalyst (earnings, FDA, upgrade) | Pre-market volume 5x+ daily average | Narrow to top 3 by volume | Enter on break above first 5-min candle high if above VWAP

EXIT RULES

Stop loss at low of first 5-min candle or VWAP (whichever is tighter) | First target at pre-market high | Second target at nearest whole dollar resistance | Close all positions by 10:00 AM | Never average down on a morning trade

INDICATORS

Pre-Market ScannerVolumeVWAPNews Catalyst

ORIGINAL POST

278
r/Daytradingposted by reddit_community

Pre-Market Mover Scanner Strategy — Trading the First 30 Minutes

Every morning at 9:00 AM, scan for stocks up 4%+ in pre-market with above-average volume and a specific news catalyst. Narrow to top 3 tickers. Watch for the first 5-minute candle after open. If the stock holds above pre-market levels and makes a new high, enter. If it drops below VWAP in the first 5 minutes, skip. Most edge is captured in the first 30 minutes. 4-5 trades per week.

198 commentsView on Reddit

BACKTEST THIS STRATEGY

Sign up free to customize & re-run backtests

Sign Up Free

Open in Strategy Builder

Import this strategy into the visual builder to customize, backtest, and paper trade

Customize in Builder

Add to My Strategies

Save this strategy to your dashboard for quick access

Sign In to Save

Want more strategies? Browse our full collection.

Browse All Strategies