Whether you are new to trading or a seasoned day trading professional, you are, or should be, always looking for that next free trading tool that will help you save time and money. Here are three types of free trading tools that you need to get started day trading. Give these a try and tell what you think in the comment section below. And don’t forget to check out WarriorTrading.com to see what their online classes can offer an aspiring day trader.
A Breaking News App
A day trader is only as good as the information he or she has. Making sure that you’re finding out about the news that’s going to affect the market is one of the best ways to keep racking in those profits. One of our favorites is, Bezinga Pro. Their streaming radio service allows you to listen throughout the day while you’re day trading. They have a free trial followed by a nominal fee. Another decent free service to try is the CNBC business news and finance app. You can download it to your phone, laptop, or tablet, so you can take your breaking news anywhere you go.
A Stock Charting Tool
At some point in your stock trading career you’ll probably want something more advanced than what you can get for free but when you first start out day trading a free stock charting tool might be just what you’re looking for. Stockcharts.com is a great free option when you’re first getting started. Once you’re ready to move on to a system with a couple more bells and whistles check out eSignal.
The Right Chat Room
We might have saved the best for last here. As an aspiring day trader you need to surround yourself with a community of likeminded day traders and the best place to do that is in a good chat room. The best that we have found is Warrior Trading’s day trading chat room. It’s the perfect place to learn all the tricks of the trade you don’t know. With a great mix of novice and experienced day traders you’ll feel welcomed and inspired. Here’s the direct link for the chat room: https://www.warriortrading.com/free-day-trading-chat-room/. This is also a fabulous source for other free trading tools!
With these best trading tools you’re bound to see an increase in your bottom line. Best of luck out there! We’d love to hear about your favorite free trading tools. Please share your day trader tools in the comment section below and best of luck out there!