Top 3 Trading Tools

Are you looking for the best stock trading tools? Well, you have come to the right place. In this guide, you are going to learn about our top tools that will enable you to make the most profits from trading in stocks. These are all premium tools, so you can be sure they are well maintained and updated to reflect any changes in the Stock Market.

eSignal

eSignal is an advanced trading software program that has sophisticated charting capabilities that is not only robust in graphics and features but also very reliable. With eSignal you will have the ability to have customizable charts following as many stocks as you want and on a plethora of different time frames.

This is one of the most important tools we use as it helps visualize price action and show us important levels based on this price action. I wouldn’t be able to trade without some kind of charting software and eSignal is the best in the game.

One of my favorite features is having the ability to build my own indicators in their script editor. It does take some coding knowledge but they have a ton of templates you can use and tweak to your specifications.

It isn’t the cheapest option but it is one of the best and tool that I use and rely on everyday. eSignal is one of the tools that is a must have for serous traders.

Trade-Ideas

Sometimes it is hard to determine which is the best stock to pick in order to benefit most from the market. That is because the market keeps changing and its difficult to keep track of the best stocks. That is where Trade-Ideas comes in handy. You can use this tool to scan the market and see the best performing stocks.

You can see which stocks are the best performers, which ones have the biggest movers, those that keep having price spikes, and which ones are performing poorly. It is the best tool if you want to get a quick overview of the stock market within minutes.

Benzinga Pro

There are days that you will observe that some stocks are gaining and performing better against all odds. When that happens, you need to use the Benzinga Pro news feed to find what is causing those changes.

That is because market catalysts are not the same. Some are weak others are strong. A political decision is a strong market catalyst, on the other hand, an expectation of good performance among investors is a weak catalyst. Knowing whether a stock is gaining or losing because of a strong catalyst can help you some of the best trading decisions. You can easily double or lose your investment if you do not keep a keen eye on market catalysts.