Stock Market Simulator Reddit – Top 5 FREE Trading Tools for Day Trading Beginners 2021
Stock Market Simulator Reddit – Best Deal Right Now?
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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:
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.
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
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
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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.
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