The Must Have Tools for Day Traders

Discover the ultimate toolkit for traders of all levels, from day traders to seasoned pros. Our expert recommendation covers the must-have tools for every type of trader, from charting software and Stock Screeners to trading platforms and news sources to supercharge your trading strategy and seize success in the markets.

Trade Ideas: Best Stock Screener for Active Traders​


Trade Ideas is the ultimate trading platform for active traders. It gives you access to real-time market data, AI-driven trade signals, advanced charting tools, and more. Whether you trade stocks, options, futures, or forex, Trade Ideas can help you find the best opportunities and execute them with ease. Trade Ideas is trusted by thousands of professional traders and investors who want to stay ahead of the market and maximize their profits.

Main Benefits of Trade Ideas​:

  • Access real-time market scanning and AI-powered trading tools to help you discover and execute profitable trades.
  • Customize your scans, alerts, and strategies, or leverage those provided by Trade Ideas experts and the supportive community.
  • Test and optimize your trading concepts with the OddMaker backtesting tool and the Trade Ideas simulator, allowing you to trade risk-free within real market conditions.
  • Trade directly from the Trade Ideas platform, utilizing Brokerage+ integration with Interactive Brokers or TradeZero, or establish links with your preferred broker for seamless trading.
  • Enhance your knowledge by learning from the Trade Ideas team and fellow traders in the free and moderated live trading room, informative blog, active social media channels, and free tutorials and training videos.

Top Features of Trade Ideas​:

  • MarketScope 360°: A comprehensive market analysis tool that scans over 6,000 stocks and ETFs every day and provides you with actionable insights and trading opportunities.
  • Artificial Intelligence (Holly AI): An innovative feature that uses artificial intelligence to create a dynamic portfolio of stocks based on proven strategies and algorithms. You can use Holly AI to follow the best trades in the market and beat the benchmarks.
  • Backtest with the OddMaker: A robust backtesting tool that lets you test your trading strategies and ideas against historical data and see how they would have performed. You can also use the OddMaker to optimize your strategies and find the best settings.
  • Simulated Trading: A risk-free feature that lets you practice your trading skills and strategies without risking any real money. You can use simulated trading to learn from your mistakes and improve your performance.
  • Brokerage Plus: An advanced feature that lets you connect your trade ideas account to your brokerage account and automate your trading based on your own rules and criteria. You can also use Brokerage Plus to monitor your positions and manage your risk.
  • Market Explorer: An interactive feature that lets you visually explore the market and discover new stocks and sectors. You can use Market Explorer to find hidden gems and diversify your portfolio.
  • AI Trading Signals: A smart trading assistant that uses artificial intelligence to generate buy and sell signals based on your trading style and risk tolerance.
  • Identify Momentum: A powerful momentum indicator that helps you find stocks that are moving fast and breaking out of their ranges.
  • Streaming Alerts: A customizable alert system that notifies you of any changes in the market or your portfolio. You can set alerts based on price, volume, news, earnings, and more.
  • Set Price Alerts: A simple feature that lets you set price alerts for any stock or ETF and receive notifications when they are triggered. You can also use price alerts to create watchlists and track your favorite stocks.
  • Dynamic Top 10: A real-time ranking of the top 10 stocks in various categories such as volume, volatility, performance, and more.
  • Single Stock Deep Dive: A detailed report on any stock that includes fundamental data, technical analysis, news, earnings, and more.
  • Picture-in-Picture (PIP) Charting: A unique charting feature that allows you to view multiple charts in one window and compare different timeframes, indicators, and symbols. You can also customize your charts with various drawing tools and annotations.
  • Compare Count: A handy feature that lets you compare the number of stocks that meet your criteria across different filters and categories. You can use compare count to find the most popular or unpopular stocks in the market.
  • Surf Channels: A fun feature that lets you surf through different channels of stocks based on themes such as cannabis, biotech, energy, and more. You can also create your own channels and share them with other traders.

Trade Ideas offers two subscription plans: Standard and Premium

  • Trade-Ideas Standard plan costs $84 per month if you pay annually, or $118 per month if you pay monthly. It gives you full access to TI Web, which is a web-based version of Trade Ideas that lets you create and customize your own scans, alerts, charts, and more. You also get access to price alerts, real-time stock races, simulated trading, chart-based trading, market explorers, and more.
  • Trade-Ideas Premium plan costs $167 per month if you pay annually, or $228 per month if you pay monthly. It includes all the features of the Standard plan, plus some additional ones that are exclusive to the Premium plan. These include AI trade signals, backtesting with the OddMaker, risk assessment, auto trade strategies with Brokerage Plus, suggested entry/exit signals, and more. The Premium plan is designed for traders who want to take advantage of the artificial intelligence and automation capabilities of Trade Ideas.

You can find a detailed comparison of the two plans in this article: Trade Ideas Subscription Comparison

Trade Ideas is best for:

  • Active traders: Those who trade frequently and need fast and reliable tools to scan the market, generate trade signals, and execute orders.
  • Day traders: Those who open and close positions within the same trading day and need tools to capture short-term price movements, avoid slippage, and optimize entry and exit points.
  • Swing traders: Those who hold positions for several days or weeks and need tools to monitor market trends, momentum, and volatility.
  • Technical traders: Those who use technical analysis, indicators, patterns, and charts to identify trading opportunities and manage risk.
  • Options traders: Those who trade options contracts and need tools to analyze implied volatility, delta, theta, gamma, and other Greeks.
  • Algorithmic traders: Those who use automated trading systems and strategies and need tools to backtest, optimize, and execute their algorithms.

Trade Ideas Discount & Promo Codes:

Discount: 25% Off Any Trade-Ideas subscription or upgrade
Status: Limited Time
Discount Code: NANO25

Want to save more? Trade Ideas offers up to 30% discounts on all subscriptions during their limited-time sales. Check for ongoing sales here: Trade-Ideas Coupons, Discounts, and Promo Codes 2023

Scanz: Complete Scanning, Data, and News Platform


Scanz is the ultimate stock market scanner and trading platform for active traders who want to find the best trade opportunities in real time. Scanz provides you with 100% real-time market data, powerful scanners, an advanced news feed, seamless trading, and a user-friendly interface. Whether you are a day trader, a swing trader, or a news trader, Scanz has something for you. Scanz lets you scan the market, find opportunities, and profit from them. Scanz is the complete scanning, data, and news platform for only $169 per month. Try it free for 14 days and see for yourself why thousands of traders trust Scanz to succeed.

Main Benefits of Scanz

  • Real-time market data: Scanz provides you with 100% real-time market data for all U.S. equity markets, including Nasdaq, NYSE, AMEX, BATS, and OTC. You can access level 1 and level 2 quotes, news and SEC filings, time and sales data, and more. Scanz also covers pre-market and after-hours sessions from 4:00 am to 8:00 pm EST, giving you an edge over other traders who only trade during regular hours.
  • Powerful scanners: Scanz allows you to create custom scans using over 100 variables, such as price, volume, technical indicators, fundamentals, and more. You can also use pre-built scans designed by professional traders or choose from over 50 scans in the scan library. Scanz lets you run scans in real-time and save unlimited scans for future use.
  • Advanced news feed: Scanz delivers the fastest and most relevant news feed in the market, with over 100 sources, including press releases, news outlets, financial blogs, and SEC filings. You can filter and sort the news by price, liquidity, technical variables, and keywords. You can also get alerts for breaking news and market-moving events that affect your stocks.
  • Seamless trading: Scanz integrates with over 10 brokers, such as TD Ameritrade, E*TRADE, Interactive Brokers, and more. You can place orders directly from Scanz without switching platforms. You can also use the Montage window to combine all the tools you need for trading in one window, such as charts, level 2, time & sales, fundamentals, news, and more.
  • User-friendly interface: Scanz has a beautiful and intuitive interface that is easy to use and customize. You can create multiple watchlists of stocks that you are interested in, with customizable columns to show the data that matters to you. You can also use different chart types and time frames, over 50 technical indicators and drawing tools, and customizable layouts to visualize the price action of any stock.

Top Features of Scanz

  • Stock Scanner Software: Scanz is the ultimate stock scanner software that allows you to create custom scans using over 100 variables, scan the market in real-time from pre-market to after-hours, and save unlimited scans for future use.
  • Pre-Market Scanner: Scanz is the best pre-market scanner that shows you the most active stocks making moves before the market opens, with auto-sorting and ranking features to help you find the best pre-market opportunities.
  • Stock News Scanner: Scanz is the fastest stock news scanner that delivers the most relevant news from over 100 sources, with filtering and sorting options to help you stay on top of breaking news and market-moving events.
  • Stock Breakout Alerts: Scanz is the most reliable stock breakout alert service that notifies you of stocks making new highs or lows, breaking out of price or volume ranges, and showing block trade activity, with fully customizable settings to suit your trading style.
  • Stock Trading Platform: Scanz is the most comprehensive stock trading platform that combines all the tools you need for trading, such as charts, level 2, time & sales, fundamentals, news, and more, with proprietary features such as MM Activity Log and Smart Volume.
  • Level 2 Stock Quotes: Scanz is the most advanced level 2 stock quotes display that shows you the depth of the market, the bid and ask prices, the market makers, and the order sizes, with color-coded indicators and historical data.
  • Stock Charting Software: Scanz is the most intuitive stock charting software that lets you visualize the price action of any stock, with over 50 technical indicators and drawing tools, multiple chart types and time frames, and customizable layouts.
  • Time & Sales Data: Scanz is the most detailed time & sales data window that shows you the trade executions of any stock, with filtering options to exclude unwanted trades, color-coded indicators to show trade direction and size, and historical data.
  • Stock Fundamental Analysis: Scanz is the most up-to-date stock fundamental analysis window that shows you the financials, share structure, float, market capitalization, short data, and more of any stock, with easy-to-read charts and tables.
  • Stock Watchlist: Scanz is the most handy and versatile stock watchlist tool that lets you create and manage multiple watchlists of stocks that you are interested in, with customizable columns to show the data that matters to you.
  • Stock Alerts: Scanz is the most customizable and reliable stock alert system that notifies you of any changes in the market conditions, such as price, volume, news, breakouts, and more, with sound, email, and SMS options.
  • Stock Trading Software: Scanz is the most seamless and secure stock trading software that lets you place orders directly from Scanz, with integration with over 10 brokers, such as TD Ameritrade, E*TRADE, Interactive Brokers, and more.
  • Stock Screener: Scanz is the most sophisticated and flexible stock screener that lets you filter stocks based on over 200 criteria, such as sector, industry, market cap, earnings, dividends, and more, with export and import functions.
  • Stock Backtesting Software: Scanz is the most powerful and user-friendly stock backtesting software that lets you test your trading strategies on historical data, with over 50 performance metrics, optimization features, and detailed reports.
  • Options Data: Scanz is the most comprehensive and interactive options data window that shows you the option chain, the implied volatility, the Greeks, the open interest, and more of any stock, with filtering and sorting options.

Scanz: One Platform, One Price, 14 Days Free Trial

Scanz offers a simple and affordable pricing plan for its complete scanning, data, and news platform for active traders. You can try Scanz free for 14 days and cancel anytime. If you decide to continue, you will pay $169 per month, which includes level 1 and level 2 quotes for all U.S. equity markets, such as Nasdaq, NYSE, AMEX, BATS, and OTC. You will also get access to all the powerful features of Scanz, such as Pro Scanner, Easy Scanner, News Scanner, Breakouts, Montage, Level 2, Charts, Time & Sales, Fundamentals, Watchlists, Alerts, Trade, Screener, Backtester, and Options.

Scanz is best for:

  • Day traders: Scanz helps day traders find the best trade opportunities in real-time, with powerful scanners, alerts, newsfeeds, charts, level 2, time & sales, and more. Scanz also covers pre-market and after-hours sessions, giving day traders an edge over other traders who only trade during regular hours.
  • Swing traders: Scanz helps swing traders identify the best stocks to trade, with custom scans using over 100 variables, such as technical indicators, fundamentals, and more. Scanz also lets swing traders backtest their trading strategies on historical data, with over 50 performance metrics, optimization features, and detailed reports.
  • News traders: Scanz helps news traders stay on top of breaking news and market-moving events, with the fastest and most advanced news feed in the market, with over 100 sources, filtering and sorting options, and alerts. Scanz also integrates with over 10 brokers, allowing news traders to place orders directly from Scanz without switching platforms.

Scanz Promo Codes:

Unfortunately, there is no Scanz coupon code, promo code, or discount code available at the moment. However, if you want to be the first to know when there is a Scanz coupon code, promo code, or discount code available, or when there is a Scanz sale or special offer going on, you should subscribe to our newsletter. By subscribing to our newsletter, you will get instant notifications when there is a chance to save money on Scanz.

TradingView: Best Global Stock Screener


TradingView is a powerful platform for traders and investors who want to track, analyze and trade the markets. Whether you are interested in stocks, forex, crypto, futures or options, TradingView has the tools and features you need to succeed. You can access thousands of charts, indicators, strategies, screeners, and signals from any device. You can also join a community of over 50 million users who share their ideas, insights, and opinions on the markets. TradingView is also compatible with multiple devices and browsers, so you can stay connected wherever you are. TradingView is the ultimate destination for anyone who loves markets.Main BenefitsFeaturesPricingBest forDiscounts

Main Benefits of TradingView:

  • TradingView provides various chart types, time frames, themes, indicators, and drawing tools to help you analyze price movements and identify patterns. You can also compare different assets or time frames in one layout, and set custom alerts based on your criteria.
  • TradingView offers real-time data for stocks, forex, commodities, cryptocurrencies, indices, futures, and more. You can access historical data for up to 20 years, as well as extended trading hours and dividend-adjusted charts.
  • TradingView is the largest trader and investor social network on the web, with over 50 million users. You can share your trading ideas, strategies, and feedback with other traders, as well as learn from experts and mentors.
  • TradingView allows you to create your own custom indicators and trading strategies using Pine Script™, a simple and flexible programming language. You can also backtest your strategies using historical data and export the results for further analysis. You can also publish your indicators or strategies to the public library or keep them private
  • TradingView offers a free plan that gives you access to most of the features and capabilities of the platform, such as charts, indicators, alerts, social networks, and more. You can also upgrade to a paid plan that suits your needs and budget, and try it for free for 30 days. You can cancel your subscription at any time before the trial ends and you won’t be charged anything.

Top Features of TradingView:

  • Supercharged charts: TradingView provides you with 15+ customizable chart types, including Renko, Kagi, Line Break, Point & Figure, and custom range bars. You can also create your own custom formulas using math and apply them on the charts. You can display up to 8 charts per tab and synchronize symbols, intervals, and even drawings across them. You can also use the command search to complete any action in seconds.
  • Technical analysis tools: TradingView comes with 100+ pre-built most popular indicators, such as moving averages, RSI, MACD, Bollinger Bands, and more. You can also access 100,000+ community-powered indicators or create your own using Pine Script™, the traders’ programming language. You can apply up to 25 indicators per chart and even use indicators on indicators for more advanced analysis.
  • Pine Script™: This is a simple yet powerful scripting language that allows you to write and share your own indicators and strategies. You can use Pine Script™ to create custom alerts, backtest your trading ideas, export strategy data, and more. Pine Script™ is elegantly minimal — two lines of its code will do the work of hundreds in other languages.
  • Backtesting and paper trading: TradingView allows you to test your trading strategies on historical data and see how they would have performed in real time. You can also simulate real trading right on your chart using paper money and practice your skills without risking any capital. You can track your executed orders, change your strategy parameters, and get detailed reports on your performance.
  • Trading from charts: TradingView supports trading through various brokers and platforms, such as OANDA, FXCM, CQG, TradeStation, and more. You can trade directly from the charts using simple or advanced order types, such as market, limit, stop, OCO, and bracket orders. You can also monitor your positions, account balance, and margin level in real time.
  • Alerts: TradingView lets you set up alerts for any condition you want, such as price movements, technical indicators, drawings, strategies, or even custom formulas. You can receive alerts on any device, such as desktop, mobile, email, or webhooks. You can also create alerts that don’t expire and get notified whenever they are triggered.
  • Social network for traders: TradingView has a vibrant community of millions of traders who share their ideas, insights, and opinions on the markets. You can follow your favorite traders, comment on their posts, like their ideas, and even chat with them in real time. You can also publish your own ideas and get feedback from other users.
  • Financial analysis: TradingView provides you with an extensive volume of fundamental data for all major stock exchanges. You can access over 100 fundamental fields and ratios, such as earnings per share, revenue growth, dividend yield, P/E ratio, and more. You can also view financial statements, valuation analysis, and historical data on the charts.
  • Bar Replay: This is a unique feature that allows you to watch how pricing data unfolded historically. You can rewind markets and review them at a speed and resolution you desire. You can also apply drawing objects and indicators to see how they would have reacted to the price action. Bar Replay is useful for learning from history, testing your analysis skills, and improving your trading strategies.
  • Multi-monitor support: TradingView offers a desktop app that allows you to use multiple monitors for your trading activities. You can arrange your charts, watchlists, news feeds, and other widgets across different screens and customize your layout according to your preferences.
  • Watchlists: TradingView lets you create multiple watchlists to keep track of your favorite symbols across different markets. You can add or remove symbols, sort them by various criteria, and filter them by categories, such as sectors, industries, or countries.
  • News feeds: TradingView provides you with real-time news from various sources, such as Reuters, Bloomberg, CNBC, and more. You can also access curated news feeds for specific topics, such as cryptocurrencies, stocks, indices, and more.
  • Heatmaps: TradingView offers interactive heatmaps that show you the performance of different instruments in a visual way. You can see which instruments are gaining or losing value, how much they are changing in percentage or absolute terms, and how they compare to each other.
  • Screener: TradingView has a powerful screener that allows you to scan the markets for trading opportunities based on various criteria. You can filter instruments by price, volume, technical indicators, fundamental data, and more. You can also create your own custom filters using Pine Script™.
  • Trading ideas: TradingView features thousands of trading ideas from its users that cover various markets and timeframes. You can browse through the most popular, recent, or trending ideas, or search for specific ones using keywords or tags. You can also view the performance of the ideas and see how they played out over time.

TradingView Pricing Plans:

TradingView offers a variety of plans tailored to meet the needs and budgets of both beginners and experts alike. You can also try any of the paid plans for free for 30 days.

Non-Professional Plans

These plans are designed for individual traders and investors who want to get the most out of TradingView. You can choose from three options:

Essential: This plan costs $14.95 per month if you pay monthly, or $155.40 per year if you pay annually. By paying annually, you save $24 and get two months free.

Plus: This plan costs $29.95 per month if you pay monthly, or $299.40 per year if you pay annually. By paying annually, you save $60 and get two months free.

Premium: This plan costs $59.95 per month if you pay monthly, or $599.40 per year if you pay annually. By paying annually, you save $120 and get two months free.

Professional Plans

These plans are designed for professional traders and institutions who need more advanced features and capabilities. You can choose from three options:

Expert: This plan costs $239.95 per month if you pay monthly, or $2,399.40 per year if you pay annually. By paying annually, you save $480 and get two months free.

Elite: This plan costs $419.95 per month if you pay monthly, or $4,199.40 per year if you pay annually. By paying annually, you save $840 and get two months free.

Ultimate: This plan costs $599.95 per month if you pay monthly, or $5,999.40 per year if you pay annually. By paying annually, you save $1,200 and get two months free.

Free Plan

You can also use TradingView for free with limited features and capabilities. You can still access most of the basic functions of the platform, such as charts, indicators, alerts, social networks, and more.

TradingView is best for:

  • Day traders: TradingView offers fast and reliable charting, real-time data, custom indicators, alerts, and paper-trading for day traders.
  • Swing traders: TradingView provides swing traders with comprehensive technical analysis tools, such as trend lines, Fibonacci retracements, harmonic patterns, and more.
  • Cryptocurrency traders: TradingView has extensive coverage of cryptocurrencies, with data from over 100 exchanges and thousands of coins. TradingView also offers advanced features for crypto traders, such as volume profile, market depth, and order book.
  • Technical analysts: TradingView is a powerful tool for technical analysts, as it offers over 100 pre-built indicators, as well as the ability to create custom ones using Pine Script. TradingView also has a backtesting and automation feature for Pro+ and Premium users, which allows them to test and optimize their trading strategies.

TradingView $15 Reward

If you register now using my referral link, we will both receive $15 when you purchase your first monthly or annual subscription. Trading View $15 reward

Benzinga Pro: Best Financial Research Tool


Benzinga Pro is a fast and reliable trading platform for stock market traders and investors. It provides news, alerts, signals, and chatrooms to help you find and execute the best trades. Benzinga Pro covers stocks, options, futures, and forex markets. You can customize your news feed, filter by sources and categories, and use sentiment indicators. You can also access exclusive stories from Benzinga’s newsdesk, daily trade picks from professional traders, audio squawk for real-time updates, and stock scanners for finding the best trades. You can even link your brokerage portfolio and get alerts on your holdings.

Main Benefits of Benzinga Pro:

  • Benzinga Pro delivers fast and reliable stock market news and alerts, with filters and chat features to help you stay informed and connected.
  • Benzinga Pro provides powerful tools for finding trading opportunities and insights, such as the scanner, squawk, signals, and options activity. You can also learn from professional traders and experts who share their trade picks daily.
  • Benzinga Pro allows you to customize your workspace, watchlists, alerts, and filters according to your needs and preferences. You can also save time and screen space with the stock audio feature that reads key headlines and news out loud to you.
  • Benzinga Pro gives you access to the full calendar suite that covers earnings, guidance, economic data, ratings, and more. You can also read premium articles on Benzinga.com that offer in-depth analysis and commentary on various topics.
  • Benzinga Pro offers different pricing plans and packages that suit your budget and goals. You can also get free or discounted subscriptions to other Benzinga products, such as the options trading newsletter, the options mentorship program, and more.

Top Features of Benzinga Pro:

  • Customizable Real-Time Market News Alerts: Get breaking news and analysis on the stocks you follow, delivered to your inbox or mobile device instantly.
  • Stock Calendars: Stay on top of the market events and earnings reports that matter to your trading strategy, with customizable filters and alerts.
  • Chat Room Community: Join the conversation with thousands of other traders and investors, sharing ideas, insights, and opinions on the latest market trends.
  • Benzinga Pro’s Movers: Find out which stocks are moving the most in real-time, with detailed data on volume, price, and percentage change.
  • Stock Market Newsfeed: Access the most comprehensive and up-to-date newsfeed on the stock market, covering everything from earnings, mergers, acquisitions, IPOs, and more.
  • Unusual Options Activity Signals: Discover hidden opportunities in the options market, with alerts on unusual volume, price action, and implied volatility.
  • Stock Scanner: Scan the market for stocks that meet your criteria, using hundreds of filters and indicators, such as technical analysis, fundamental data, analyst ratings, and more.
  • Stock Screener: Screen the market for stocks that match your trading style, using predefined or custom criteria, such as sector, industry, market cap, dividend yield, and more.
  • Signals: Get actionable signals on the stocks you follow, such as price spikes, block trades, halts, and more.
  • Audio Squawk: Listen to live audio commentary from professional traders and analysts, covering the latest market news and events in real-time.
  • Trading Mentorship: Learn from the best in the business, with exclusive access to webinars, podcasts, courses, and coaching sessions from experienced traders and experts.
  • Watchlists: Create and manage your own watchlists of stocks you want to track, with customizable columns and alerts.

Benzinga Pro Subscription Plans:

Basic Plan:
Monthly: $27 per month

Essential Plan:
Monthly: $197 per month
Annual: $166.42 per month (16% off the monthly plan when paid annually)

Options Mentorship Plan:
Monthly: $457 per month
Annual: $381 per month (17% off the monthly plan when paid annually)

Benzinga Pro also offers a Risk-FREE 14-Day Trial! *No credit card required

Benzinga Pro is best for:

  • News traders: Those who trade based on breaking news and market events and need tools to get real-time and exclusive stories, alerts, and audio squawk.
  • Fundamental traders: Those who trade based on company performance, earnings, dividends, and valuations and need tools to access financial data, analyst ratings, SEC filings, and calendars.
  • Catalyst traders: Those who trade based on specific events or factors that can move the stock price and need tools to identify and monitor potential catalysts such as earnings, IPOs, splits, buyouts, etc.
  • Momentum traders: Those who trade based on price trends and market sentiment and need tools to gauge the strength, direction, and volatility of the stock movement.

Benzinga Pro Discounts:

PROMO CODE: 2423

Old Price: $197

New Price: $68.95/month! (or $59/month if you go with the annual plan!)