As a beginner trader one of the most difficult concepts to grasp is how in the world profitable traders find stocks to trade. There are thousands of stocks, mutual funds, and ETFs that you could trade. Somehow, a professional trader has to find 5-10 stocks worth trading each day AND maintain a 65-75% accuracy of […]
Good news! You aren’t alone. In fact almost all beginner and even intermediate traders will struggle with trading consistency. As you already know more than 90% of beginner traders will give up before ever finding success in the market. Despite those statistics, you must be reading this article because you think you have […]
TAS Market Profile is a renowned leader in market intelligence, proprietary technical analysis as well as the training of day traders. The company was founded with the following objectives in mind – to develop industry leading charting and financial tools that allow market professionals to gather market intelligence and perform in-depth analysis. According to TAS […]
TD Ameritrade’s Thinkorswim trading platform is widely considered one of the best trading platforms available. It is a desktop application that offers access to real-time data streaming, charting, technical studies, stock scanners, research reports, and more. It has solid educational resources, including a learning center with instructional videos, online courses and trading demonstrations. One of […]
OptionsHouse Update OptionsHouse has been bought out by E*Trade and is now part of their company. You can read more about E*Trade in our broker review. OptionsHouse Review Summary OptionsHouse is a high tech, user friendly brokerage that takes the difficulty out of options trading for newbs. While the software is heavily leverage […]
Finviz is very easy to use and ideal for beginning traders. You won’t need to know any in depth scanning language or Wall Street insider language to be able to get started using it. The menu is easy to use and a lot of the options you will look to use are set up in […]
E*Trade is best known for its funny commercials. But the broker has some serious trading tools that day and swing traders should be aware of. Moreover, E*Trade is a financial conglomerate, so there are many more resources available. Brief Overview E*Trade got its start in 1982 in Silicon Valley as a brokerage startup. Since then, […]
TradeKing: Broker Review TradeKing is a relatively new broker that emerged in 2006 after it acquired Zecco Trading which catered predominantly to the penny stock investor. Since the acquisition, TradeKing has focused specifically on individuals who seek a low cost, self-directed brokerage account with special attention to personalized client support. TradeKing Offerings TradeKing is […]
Brief Overview Lightspeed is a U.S.-based brokerage firm with low commissions and several trading platforms to choose from. The company also offers a lot of educational materials; so beginners should definitely sit up and take notice. Insurance and Regulation Lightspeed is headquartered in New York. It is a member of FINRA, the SEC, and SIPC. […]
When I first looked at Trade Ideas‘ pricing, I thought it was high for a piece of software that only provides scanning. What I didn’t realize was how fundamental scanning is for every trader. In our trading courses and in our chat room I primarily teach a Momentum Trading Strategy. This strategy requires finding fast […]
