Which ASX stocks are most actively day traded?

Commonwealth Bank of Australia (ASX:CBA) is among the most actively day traded stocks on the ASX due to its high liquidity and consistent intraday volatility. As one of the "Big Four" banks, it frequently reacts to economic indicators, interest rate announcements, and financial sector developments. Its large market capitalization ensures strong institutional participation and tight bid-ask spreads, which are important for intraday strategies. CBA often sees notable price movements during earnings seasons and policy updates from the Reserve Bank of Australia (RBA). These characteristics make it a popular choice for day traders seeking short-term price action in the Australian market.

Is Kalkine a valuable resource for gaining insights into the mining sector?

Yes, Kalkine can be a valuable resource for gaining insights into the mining sector. It offers detailed research reports, sector-specific updates, and performance analyses that help in understanding market trends and operational dynamics within the mining industry. By covering both large-cap and emerging mining companies, Kalkine provides a broad perspective on developments related to commodities, exploration activities, and regulatory changes. This focused coverage can support informed decision-making for those interested in the mining space.

What are the best strategies for day trading on the ASX?

One of the best strategies for day trading on the ASX is momentum trading. This approach focuses on stocks that are moving significantly in price with high trading volume, often triggered by news, earnings announcements, or sector-wide movements. Traders identify these stocks early in the session, use technical indicators like moving averages and volume spikes, and aim to enter trades in the direction of the momentum, exiting quickly as the trend shows signs of slowing.