Welcome to the subchapter on finding hot stocks, specifically focusing on scanning for volatile and highpotential stocks. As Degen Stock Traders in the niches of stock trading and day trading, it is crucial to identify stocks with the potential for fast profits. This subchapter will equip you with the knowledge and strategies to effectively scan the market for such stocks.

Volatile stocks offer significant price movements within a short period, presenting opportunities for quick gains. By scanning for volatility, you can identify stocks that are likely to experience rapid price changes.

One effective way to scan for volatility is by analyzing historical price data using technical analysis tools such as Bollinger Bands, Average True Range (ATR), or volatility indicators like the VIX. These tools help identify stocks with higher volatility levels, indicating potential trading opportunities.