More importantly, you have to gain enough knowledge or piggyback enough winning plays to make the upfront costs a worthwhile investment. The subscription to Trade Ideas Standard costs $118 per month (or best stock chat rooms $999 for one year), and Trade Ideas Premium costs $228 per month (or $1,999 for one year). Motley Fool and Seeking Alpha land in the middle in terms of price, and both offer several useful features.
So when you jump into a stock chat room, you’re automatically plugged into an audience that’s engaged with the stock market. In general, these people are enthusiastic, and often knowledgeable, about the topics you want to discuss. Still, even investors who https://www.bigshotrading.info/ aren’t fans of the group’s humor stick around for the ample trade ideas. Members aren’t afraid to share their success, failures, and future plans. The types of posts vary widely, but it’s against the rules to post any type of scam or self-promotional post.
#1 Trading Community
Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment. Becoming an experienced trader takes hard work, dedication and a significant amount of time. As a provider of educational courses, we do not have access to the personal trading accounts or brokerage statements of our customers. Our penny stocks trade room focuses on stocks ranging from sub $1 to $10. We also look at stocks up to the $20 range, depending on what’s running.
- The range of results in these three studies exemplify the challenge of determining a definitive success rate for day traders.
- It’s free to create an account, and once signed up, you can browse message threads by numerous categories that include charts, equities, forex, futures and more.
- The platform also includes moderators such as Michael Spinosa and highly experienced traders.
- While compensation arrangements may affect the order, position or placement of product information, it doesn’t influence our assessment of those products.
Believe it or not, an online broker is a financial institution designed to help customers purchase different securities such as stocks from one of the best trading platforms. Warrior Trading chat room members get a watch list of at least 3 to 5 stocks that have potential winnings daily before the market open. A step by step guide to help beginner and profitable traders have a full overview of all the important skills (and what to learn next 😉) to reach profitable trading ASAP. But if you are brand new, you might also need a platform to do your trading. After all, your401probably wasn’t cut out for this sort of thing. As with most of the services mentioned here, you also gain access to educational materials as a member. Even as a free member, you’ll have access to everything you need to start trading successfully.
Warrior Trading Review: My Experience With Ross Cameron
Black Box Stocks is a community of traders and offers a trading chat room on their website, along with a discord chat room, two private Twitter groups, and free education. As any trader knows, it can take time to come up with new trade ideas.
By senior year, Phil was starting to understand chart patterns better and started learning how to short stocks. By the end of senior year, Phil grew his small account exponentially by focusing on shorting parabolic moves. Now, Phil continues to profit while using his strategy successfully in the Investors Underground chat room. I have never been as profitable as I have been since I joined the Spartan team. The information is straight forward, it makes sense and at the end of every trading day, it makes me money. Listening to spartan live as I trade is just another level of professionalism. It feels like I am part of a real professional trading desk.
Lets you test your strategy with instant feedback
Shannon Terrell is an editor for Finder who has written over 400 personal finance guides. With a focus on investments and personal finance, she breaks down jargon-laden topics to help others make informed financial decisions.
What is the best stock advice website?
- Motley Fool's Everlasting Stocks.
- Zacks Investment Research (Best for Daily Trade Recommendations)
- Morningstar – Best for Fundamentals-Driven Investors.
- Mindful Trader – Best for Swing Trading Advice.
- The Maley Report – Best for Comprehensive Investment Advice.