There are many tools I use for research before making ANY trade, but I still like to keep things fairly simple and not use loads of technical indicators or over complicate things like many traders do. I believe too much information can give out cross readings and confuse your initial trade thesis. Some of the free tools also have a premium version.
These are the Resources I learn from:
Here are the FREE tools you can use:
The simplest and easiest free tool to use to check on daily % Gainers. Sometimes figures are a little off on the float though.
A Great free tool to use for looking at simple charts and a few other bits of information. The paid version is good if you like to know about all the financial credentials of a certain given stock. I however found it unnecessary to have all that information in front of me and found it overwhelming with them giving trading ideas, which makes you doubt your own strategy. Never the less, it’s still a useful website to go to from time to time.
This website is run by worden brothers who are the backbone of tc2000 software. Very useful for technical analysis and the paid version is cheaper than tc2000.
Another great charting tool for technical analysis, and the premium version has even more detail to it.
A good website for getting ideas, but also very useful for looking at charts too.
By far the BEST website to checkout SEC filings and various other important filings for stocks.
You can even keep an eye out and search for the latest sec filings when you know what your looking for with this authority site!
I use this website to get ideas on trading certain stocks, but be careful with who you believe and don’t ever trade someone else’s trading idea unless you understand their strategy and conclude the same thesis yourself.
A cool little tool that is useful for quick access to other websites for stock information and data.
A great free website for getting to know your candle stick patterns.
Here are the Premium tools that I use:
The MOST abundantly sourced website on the entire internet for learning how to trade stocks as a whole, in my opinion any how. With several transparent professional traders showing you how to trade successfully, you would be really hard done by to not find someone you like and can’t learn from. This is where I started to learn.
Investors Hub is a fantastic tool for the price you pay. It’s not the best software on the market I know. I like it though as it’s only around $50 a month to get Level 2 quotes, which you need in order to see what the market is doing in real time.
This is also one of my favourite tools that I like to use as it gives you the information you need right in a nutshell. I think for $300 a year this tool is a must. You can also choose a monthly subscription for $40 a month if that suits better though.