Top 5 FREE Trading Tools for Day Trading Beginners 2022

Fri, 20 May 2022 07:42:57 +0000

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🔽Time stamps:
1:19 Reading daily charts & technicals
2:45 Finviz stock screener
7:50 Investopedia and Bam SEC for reading SEC filings
9:00 Webull free premarket scanner & paper trading
10:40 TD Thinkorswim scanner and on demand

Here are the Top 5 day trading tools that all beginner traders need:
1. Stockcharts.com
Offers clean and easy way to analyze stocks on the daily chart. This is where I start when I look to buy penny stocks overnight.

2. Finviz.com
This is where I scan for stocks to trade. Also basic fundamental research on the penny stocks shares float and short percentage

3. Investopedia and BAM SEC
https://www.investopedia.com/
https://www.bamsec.com/
This site has all the answers to your SEC filings terminology questions. You can search for key terms such as "offerings", "shelf registration", "Form 424B" etc.
How to Read SEC Filings When Buying Penny Stocks: https://youtu.be/d55SAYjBHd0

4. Webull Free Premarket Scanner & Simulated trading
Get 2 free stocks on Webull when you deposit $100: http://bit.ly/2Lhtd9X

5. On Demand feature on Thinkorswim platform
I honestly can't believe this amazing feature is FREE. You get to go back in time and replay the price action of any US stocks. This is a great way to backtest your day trading strategies and work on your entries and exits!

TD Thinkorswim Canada: Canadians need to open a US margin account with $5,000 USD minimum in order to use this platform. Thinkorswim platform offers paper trading as well.
Thinkorswim Tutorial: https://youtu.be/Hjn40uLaewQ

🖥️My Stock Scanners & News feed:
Benzinga Pro FREE 14 day trial (use code "HUMBLEDTRADER" to get 25% Off )
https://bit.ly/2KXeAqH
Trade Ideas Scanner (use code "HUMBLED15" to get 15% Off)
https://bit.ly/3rLAfp2

📉My Trading Broker Platforms:
Cobra Trading (Best broker for shorting stocks, $30K min)
Get 25% off commissions, mention "Humbled Trader" at the time of account opening
https://bit.ly/3iNLqJq

Interactive Brokers: https://bit.ly/3bE82u4
Interactive Brokers Canada: https://bit.ly/2FBwdMo
Webull Free Trading app (Get free stocks with $100 deposit)
http://bit.ly/2Lhtd9X

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https://www.amazon.com/shop/humbledtrader

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#daytrading #pennystocks #stocks
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DISCLAIMER: I am not a financial adviser nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.

AFFILIATE DISCLOSURE: I only recommend products and services I truly believe in and use myself. Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Commissions earned will be used towards growing this channel.

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