Best Day Trading Software, Top 5 FREE Trading Tools for Day Trading Beginners 2020 – Best Day Trading Software.

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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

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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

🖥️Recommended Trading Tools:
Benzinga Pro FREE 14 day trial (use code “HUMBLEDTRADER” to get 25% Off )
http://bit.ly/2KXeAqH
Trade Ideas Scanner (use code “HUMBLED15” to get 15% Off)
https://lddy.no/m523

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

DAS Trader FREE 14 Day Trial (Trading Simulator & Broker Platform)
https://bit.ly/2Z4CdW0
Interactive Brokers: https://bit.ly/2xNpQ5o
Interactive Brokers Canada: https://bit.ly/2SOIcu6

🇨🇦Questrade Canada (get $50 FREE commission trades)
http://bit.ly/2GoeUMY

Get My Trading Station Set Up & Favorite Trading Books
https://www.amazon.com/shop/humbledtrader

For business inquiries ONLY, you can reach me at HumbledTraderBusiness(at)gmail.com

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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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Top 5 FREE Trading Tools for Day Trading Beginners 2020, Best Day Trading Software

Best Day Trading Software Top 5 FREE Trading Tools for Day Trading Beginners 2020.

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Thinking you function 9 to five in the UNITED STATE, you might trade before or after job. The very best trading technique in those time blocks is to choose one of the most active currency pairs (those with one of the most value activity). Understanding what times the major currency markets are open will certainly assist in choosing major pairs.

  • New York opens at 8:00 a.m. to 5:00 p.m. EST
  • Tokyo opens at 7:00 p.m. to 4:00 a.m. EST
  • Sydney opens at 5:00 p.m. to 2:00 a.m. EST
  • London opens at 3:00 a.m. to 12:00 twelve noon EST

The markets in Japan as well as Europe (open 2:00 a.m.– 11:00 a.m.) are in full swing so part-time investors can pick major currency pairs. These consist of the EUR/JPY set or the EUR/ CHF set for major currencies or pairs that entail the Hong Kong buck (HKD) or Singapore buck (SGD). The AUD/JPY set might also function well for part-time investors available throughout the 5 p.m. to twelve o’clock at night duration. While it is essential to recognize the best currency pairs that fit your routine, before putting any wagers the investor requires to carry out additional analysis on these pairs as well as the principles of each currency.

Day Trading and Swing Trading the Currency Market - Book by Kathy LienForex for Beginners Book by Anna Coulling Currency Trading for Dummies Book by Brian Dolan 50 Pips a Day Forex Strategy Book by Laurentiu Damir