đGet my FREE Trading Journal + Weekly Watchlist: https://www.humbledtrader.com/free
Trade with me: https://humbledtrader.com/discord-room
đ˝Time stamps:
1:30 Trade Ideas stock scanner- Premarket gappers, momentum, and volatility scans
2:48 Benzinga Pro news scanner
5:58 Briefing Fundamental news research
8:08 DAS Trader Pro trading platform
Here are the best trading tools I love using. However, I would only recommend these premium tools for experienced traders. Beginner traders should focus on using free trading tools first.
1. Trade Ideas stock scanner
Trade Ideas Scanner (use code "HUMBLED15" to get 15% Off)
https://lddy.no/m523
My Trade Ideas Scanner set up: https://youtu.be/3DgER54VLFc
This is my go to premarket scanner. I use it to scan for low float stock gappers, large cap movers, intraday momentum & volume scanner, as well as halt scanner. You can also customize your scanner for technical and in
dicator alerts as well.
2. Benzinga Pro
Free 14 Day Trial (use code "HUMBLEDTRADER" to get 25% Off ): https://benzinga.grsm.io/humbledtrader
My Benzinga Pro Tutorial & Walkthrough: https://youtu.be/7iCDSZMv3Uc
News scanner that provides instant live alerts for trading. Great tool for trading earnings and doing quick research, analyst calls, and other fundamental research such as SEC filings. Additional features include block trades, options flow, and movers scanner,
3. Briefing
https://www.briefing.com/
Large cap stock fundamental research and market wide analysis. Great tool for swing traders and long term investors.
4. DAS Trader Pro
Direct access trading platform for trading. You can connect trading broker accounts such as Cobra Trading, Interactive Brokers, Centerpoint, Lightspeed, CMEG to this trading platform.
DAS Trader FREE 14 Day Trial: https://bit.ly/2Z4CdW0
My DAS Trader platform set up: https://youtu.be/IAvo-gE0XwA
Top 5 FREE Trading Tools for Day Trading Beginners 2020
https://youtu.be/7YM0KUYL-Xc
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/3hqecOG
đ¨đŚQuestrade Canada (get $50 FREE commission trades)
http://bit.ly/2GoeUMY
Webull Free Trading app (Get free stocks with $100 deposit)
http://bit.ly/2Lhtd9X
Get My Trading Station Set Up & Favorite Trading Books
https://www.amazon.com/shop/humbledtrader
â My REAL Social Accounts:
IG: https://www.instagram.com/humbledtrader/
FB: https://www.facebook.com/HumbledTrader
Twitter: https://twitter.com/HumbledTrader18
#daytrading #pennystocks #stocks
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.
Humbled Trader FAM count: 313,400
Trade with me: https://humbledtrader.com/discord-room
đ˝Time stamps:
1:30 Trade Ideas stock scanner- Premarket gappers, momentum, and volatility scans
2:48 Benzinga Pro news scanner
5:58 Briefing Fundamental news research
8:08 DAS Trader Pro trading platform
Here are the best trading tools I love using. However, I would only recommend these premium tools for experienced traders. Beginner traders should focus on using free trading tools first.
1. Trade Ideas stock scanner
Trade Ideas Scanner (use code "HUMBLED15" to get 15% Off)
https://lddy.no/m523
My Trade Ideas Scanner set up: https://youtu.be/3DgER54VLFc
This is my go to premarket scanner. I use it to scan for low float stock gappers, large cap movers, intraday momentum & volume scanner, as well as halt scanner. You can also customize your scanner for technical and in
dicator alerts as well.
2. Benzinga Pro
Free 14 Day Trial (use code "HUMBLEDTRADER" to get 25% Off ): https://benzinga.grsm.io/humbledtrader
My Benzinga Pro Tutorial & Walkthrough: https://youtu.be/7iCDSZMv3Uc
News scanner that provides instant live alerts for trading. Great tool for trading earnings and doing quick research, analyst calls, and other fundamental research such as SEC filings. Additional features include block trades, options flow, and movers scanner,
3. Briefing
https://www.briefing.com/
Large cap stock fundamental research and market wide analysis. Great tool for swing traders and long term investors.
4. DAS Trader Pro
Direct access trading platform for trading. You can connect trading broker accounts such as Cobra Trading, Interactive Brokers, Centerpoint, Lightspeed, CMEG to this trading platform.
DAS Trader FREE 14 Day Trial: https://bit.ly/2Z4CdW0
My DAS Trader platform set up: https://youtu.be/IAvo-gE0XwA
Top 5 FREE Trading Tools for Day Trading Beginners 2020
https://youtu.be/7YM0KUYL-Xc
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/3hqecOG
đ¨đŚQuestrade Canada (get $50 FREE commission trades)
http://bit.ly/2GoeUMY
Webull Free Trading app (Get free stocks with $100 deposit)
http://bit.ly/2Lhtd9X
Get My Trading Station Set Up & Favorite Trading Books
https://www.amazon.com/shop/humbledtrader
â My REAL Social Accounts:
IG: https://www.instagram.com/humbledtrader/
FB: https://www.facebook.com/HumbledTrader
Twitter: https://twitter.com/HumbledTrader18
#daytrading #pennystocks #stocks
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.
Humbled Trader FAM count: 313,400
Here are the top 4 premium day trading tools that has allowed me to take my trading to the next level and they are ... Day trading is a business, not a hobby. And just like any business. It takes a lot of capital investment in order to make more profits.
Iâve made a video on the top 5 Free trading tools to use. And those would be the ones I still recommend beginner traders to get started with.. But I do believe that once you start picking up pace and found your focus, there will come a certain point where it's time to upgrade and take your trading to the next level.. You have to look at day trading as a business..
If youâre running a business and trying to scale you canât be cheaping out and trying to cut, corners. And trading is the same way. Once youâve figured out a few set ups and strategies that work well. Its time to invest more money to make more profits..
In this, video Iâll be going over the top four premium day trading tools, I use. How much they cost per month., How I use them to scan for gappers to trade, analyze, stock structure, research fundamentals and execute those ideas, the fastest way possible and smashing the like Button to double your trading account every single day., The first trading tool that I use is Trade Ideas, stock scanner.. This is literally the first thing I open when I get to my turn on my trading computer every single morning at 4am, pacific time., Trade ideas has a very extensive premarket gap scanner and there are so many different ways to customize the scanners. According to your own trading style., Do you trade more small cap, low float gappers? Do you trade, large cap stock gap up or gap downs.? There are settings for you to pick there.
And those are just for the premarket scanning. Intraday. I use trade ideas to pick up all the momentum stocks with a momo scanner.. This way I can find the most volatile stocks with the most range..
You can also customize various technical strategies on trade ideas., For example. If you want to receive alerts and pick up stocks that has indicator crosses such as vwap and 9EMA cross with volume, trade ideas would be the perfect tool to provide you with those technical alerts.. I also use the stock detail window to really quickly analyze. The stockâs float market cap and short interest..
This is an extremely useful tool for me to do some quick analysis on the fly when the scanner picks up a low float runner in play.. I have a video tutorial on how I set up trade ideas and my scanner setting for you to download there as well.. The next tool I want to talk about is Benzinga Pro.. I know I talk about this tool a lot in my videos, but that's because I literally use this tool.
Every day⌠and im in love. Itâll make sense in a minute.. These are all the premium trading tools that have helped me so much in terms of speeding up my research and making more profits in trading. Benzinga pro is essentially a newsfeed service, but it also has some scanner components to it., So the movers section here you can Customize it to pick up premarket gappers, like trade ideas.. Usually once I have the gappers from trade ideas, I go to Benzinga to do my fundamental research.. I want to know why the stock is up in the first place. Is it because they had FDA approval? Was it phase 1 or phase 2 trial? Did the stock find a cure for cancer.? All of these are important headlines that we, as traders need to know before buying a stock.. Another most common way to use Benzinga is with keyword, search functions in the news feeds..
So if you focus on just trading earnings or FDA approval, you can search those keywords and find all the corresponding headlines and stocks associated with them. So its with that feature that I have my small cap, reverse split keyword, search, set up. Each time. I see a potential low float, runner show up, Iâll, save them in the watchlist section.
And turn on email, notifications., So Iâll get alerted if any of these potential runners file any SEC, filings or publish any news headlines.. I go over this strategy in detail in this video.. Another extremely useful feature on Benzinga is the squawk box. In which you will hear Benzinga charlie aka.
My one true love announce out loud the real time news alerts.and most times he will announce the breaking news before the articles are written and published on any other news sites like CNBC.. But if you just want Benzinga Charlie., But if you just want the squawk alert feature, you can get that for free in the thinkorswim platform. Real, quick side. Note here in case a lot of people didn't know about this.
In thinkorswim click top right hand, support chat, button. Click on the chat room and that's where you will see benzinga squawk.. Once in this chat room, you can turn on the listen feature.. Then youâll hear all the audio alerts for free., sometimes on squawk, when Benzinga charlie goes on break youâll, hear this other guy., I dont know his name, letâs call him bagholder mike..
I think I like charlie, more though, but i might be biased.. I have a full video on my Benzinga pro set up and even more in depth walk through of all the settings. If you want to check that out., The third premium tool I use is Briefing.. This is also a premium subscription service for news and fundamental research., But i would say the research on here goes a lot more in depth for the large cap stocks..
I don't trade, just small caps guys., Especially as we approach the summer trading season. Small cap market tends to be extremely slow from my past experience. And that's where Briefing comes in handy. Each morning premarket.
They provide a very detailed premarket gap up and gap down summary with key stocks in play and their headlines., As well as the overall sentiment for S & P futures. The various markets around the world in China, Japan, india, hk. And the website will continue feeding you developing stories and headlines throughout the day. According to your own custom preferences., I mostly use briefing for reading large cap stock earnings reports and the details of the conference calls.. Whether the company made any comments on guidance and future outlooks or any major fundamental changes that would move the price of the stock short term for day trading.. The website is also a very reliable source of analyst upgrades and downgrades. If you know how to play those., A few other features that's worth noting on Briefing. On the top menu.
Here you can look at economic calendars., Stock, splits, IPO reports and various ideas for swing trading as well as long term investing.. So briefing is a very well rounded research site for all types of traders.. Now the fourth premium trading tool will perhaps answer one of the most commonly asked questions on this youtube channel., And that is what is your day trading platform, and how do you get the fastest execution and fills possible. And its very simple to do so? You just need to hit the like button at the bottom of this video.
And check out the trading platform. Das trader pro., A very common misconception. People have is thinking DAS trader pro is a broker. And itâs not.
Das Trader is a direct access market provider and offers traders to execute trades on their mobile web and desktop platform. By itself. Das trader pro is a real time trading simulator.. So you can essentially paper trade with live market data and execute your trades.
This way., Or you can also connect your broker to DAS trader pro. If your broker offers that option., For example, I have an account on Interactive brokers, but I donât like to use their own platform TWS.. So i can connect my broker account from IB with DAS trader platform and purchase market data subscription from Das Trader instead. And the reason many professional traders choose to execute their trades on DAS platform instead of the default from their brokers is, of course, the low latency Order fills and reliability of their platform.
In trading, every millisecond and every tick on the candle counts and they have real life financial consequences.. I have tried many broker platforms throughout the years. And there are some that take a few seconds even to fill 500 shares and the price I get executed at is clearly subpar. And I felt ripped off when I miss my fills by 5 cents.
Or the platform. Would literally freeze up. So thats, why i use DAS trader pro and have it connected with various brokers and pay for multiple subscriptions per month.? Yes, the speedy executions are worth it.. There are various brokers that offer Das trader connections like Interactive brokers that we talked about.
Centerpoint Cobra Trading, Lightspeed and CMEG.. So if you are at a point in your trading where you want to start sizing up and take it seriously, I would highly recommend trying out DAS trader. Platform. Das trader platform also has a very useful feature, called Stream Replay Mode, which essentially allows you to go back in time and execute historical price action of any given stock on their platform.. So if you want to backtest your strategies and set ups, this feature would be very useful for you.. Now, let's talk about the cost of all these tools. Trade Ideas. Standard is the plan I have is about $ 120 a month.
Benzinga pro essential is $ 147. A month Briefing in play is $ 89, but I have all these tools on an annual plan at a discount.. As for DAS Trader Pro, I have the Elite data subscription package and that's $ 170 a month per platform., So that adds up to be about 500-600. A month in premium trading, tools., Like I said it takes money to make money.
You have to look at it, as do these tools, make me more than 500 or 600 a month., And my answer is absolutely yes.. So then theyâre very worth it. And they are also tax write-offs.. If youâre interested in trying out any of these tools, I have some free trial links and discount codes below.
The Benzinga Charlie âwell you canât, heâs mineâ was hilarious đ
Are there any podcasts with the realistic approach Humbled Trader takes to education and trading? It's hard to sort through all the junk.
your awesome, lots of love! thanks for the video
@humbled trader
Are you set up as an LLC?
I didn't expect to laugh so much through this video – "Bagholder Mike!!" – just awesome!
Can you make a video on FINVIZ and share a screener setup đ
Hey ! Thanks great content, one quick question, why using trade ideas screener for premarket gappers when benziga pro has screener for the same thing.
Any particular reason ?
What the hell you use all if them? Lol I wanted to get some training from you humbled trader since imlive watching your videos since you are not fake lol
lol totally dig this channel but Iâm genuinely concerned for a lot of the people in the comments. Not the sharpest crowd and probably shouldnât be let near a brokerage account with their money.
What are your thoughts about Lightspeed for Canadians?
Extremely helpful video … THANK YOU!!! Only 1 question, is DAS with IBK a good combination for trading Options ??
New fan here! I did not know about the small-cap company is being slow in the summer that is good to know. YouTube video idea – if you could talk about the difference of day trading in different times of the year that would be great. Thank you!
the more useful the more lovely; following you from Cali, Colombia; let´s help each other , I share your videos with friends
Finally someone who actually states what platform they use for day trading. It is a question I have been asking and seems is taboo to answer. THANK you queen. Love your content
Hello Humbled Trader.
I'm still enjoying the bad jokes.
How would you compare DasTraderPro (with TD) to LightSpeed and to SpeedTrader?
she sounds kinda fake, i dont really know why but still have that feeling
Trading on das would have different fills than using IBKR directly? It sounds like das just forwards to ibkr so I would have assumed more latency
I'm unable to get the Day Trader Journal, pls, help?
You are incredibly funny ! Also, I have made money from many of your principles. Even if I did'nt trade, I would still watch the videos for the entertainment. Keep up the good work.
spectacular video! will look in to benzinga pro
With so many tools and notifications/alerts, etc…, do you get overwhelm? Do you look at every notifications/alerts, etc…?
Any Canadians using IB? What commissions structure do you use (tiered/fixed)?
Thank you so much for the quality content. I'm planning to use the trade ideas scanner. But I have a quick question. Which plan are you using? The premium or the standard and which one do you recommend? Thanks!
Hi I just have a question about benzinga pro. Is it the fastest page to show earnings ?? Or do you recommend something else that provide earnings result faster ?
I have watched few videos and they are great. But one criticism is most of the youtube influencers only promote products that have a good affiliate commission:) Ofcourse experienced traders dont need these AI tools, Benzinga pro etc , there should be a more cost effective way of trading but for a beginner yes these high cost tools come in handy. Any thoughts?
Just found your channel! You have a very friendly approach, like my older sis looking out ⨠donât worry, Iâll keep out for a good man for you sis đŻ
esignal works for me. worth the money. pay by the year, its cheaper.
Good video. What problems did you have with Thinkorswim?
Best screener for option and how to use it??????
Many of the tools you mention in your video are most definitely not free, in fact the cost is substantial. I like your videos but please be hones with people and not mislead them, saying these tools are free when clearly theyâre not.
Draw my 5 scar stygmata on your body and put on a garter below your left knee. Then form yourself into a Star of Israel