I just streamlined my portfolio down to 50 stocks. Now I've got a decent amount of cash for day trading. = ) I'm looking for movement and volume. The faster the stock is moving the more buy/sell points there will be. I also like trading on stocks with high volume for some reason it seems more secure. I will be placing 90% of my free cash in my portfolio into each buy/sell. This may sound crazy and it is nerve racking but I have done well in the past using this method. My feeling is you need to commit 100% to each buy and sell. You don't necessarily need to trade at a high frequency you are looking for solid entry/exit points.
I'm gonna be day trading again...lol...who knows what I end up buyin into. My game plan is like this... find a big n quick mover and ride it like I stole it.