This is an excellent day trading chat room that provides education and strategies for day trading funded by Andrew Azis. In this review, we will look at the top 9 stock chat rooms savvy day traders should watch out for in 2021. The above platforms contain very learned groups of swing traders who don’t shy away from teaching their successful strategies. Again, everyone has a different preference so go through the free trials first and choose your swing trading mentor wisely. One can use this platform for chatting or bouncing off several trade ideas, or just learn through paper trade. Additionally, it can also be the one-stop destination for those traders who want to learn about advanced-level strategies.

We do a daily training / recap webinar at 330pm each day which typically lasts 45 minutes and gives a chance for our students to ask questions if they need clarification on any trade setups. Turbo Trading has a total of six trader chat rooms ideal also for swing traders. Moderated by three trading experts with expertise across trades, this chat room provides continuous live commentary and trade alerts and comes with a screen-sharing facility. It shares fresh trading ideas frequently and starts one hour before the bell rings on NYSE trading days only.

How Can Beginners Make Use of Stock Trading Forums?

Meme stocks have proven their capacity to cripple hedge funds and take Wall Street by storm. Here are four trading chat rooms to keep an eye on as meme stocks make headlines. Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Options trading subject to TD Ameritrade review and approval. Please read Characteristics and Risks of Standardized Options before investing in options. If we are buying stock/futures to open we say we are “long ABC.” If we are buying to close we say “bought ABC for gain” (or loss).

Andrew and our other moderators provide a live feed of their DAS Trader Pro screens. You can observe their indicators and price charts, their entries and exits, the Nasdaq Level 2 data feed, plus DAS’ Time stock chat rooms and Sales window. The Benzinga Squawk Box is also available – live audio alerts of breaking financial news. Our real-time scanners are live throughout the day for members to use to find trading setups.

Is Your Risk/Reward Enough?

When a stock fails to hold a certain level and later breaks above it. For example, a stock may break below VWAP only to “reclaim” it later. Short-term price spikes (generally referred to during a down trend). Whereas, you may buy on dips for a breakout, you may short on pops for a breakdown. A stock is considered to be “on radar” if it is setting up for a trade but not yet ready.

Perhaps you’ll want to mute certain alerts because they don’t play into your strategies. For example, if you want to find statistics on a particular stock, many rooms have short codes pulling everything from float data, market cap, and even charts. This can be helpful when you are seeing a stock being mentioned in the room, but don’t know much about it.

Support from community

None of them worked consistently nor made any sense to me..not a single one. While browsing through Reddit I found the Real Day Trading sub which led me to the OneOption YouTube channel and finally OneOption. It is logical, rational, and most of all very simple to learn.

He is a passionate and experienced penny stock trader who has earned millions of dollars. He established his own platform to teach others how to follow strategies that won millions for him. While there are so many day trading chat rooms out there, there’s no one-size-fits-all package. However, with any of the above-listed chat rooms, you can acquire https://www.bigshotrading.info/blog/8-steps-to-creating-your-first-trading-strategy/ the right trading experience and become a better trader. Inside the chat room, stock alerts range from cheap small caps to expensive large caps so long as there are price action and momentum. But probably the best part about the service is the fact that anyone who is a member of the chat room can post their trades and interact with Desai directly.

This is more than just a chat room as you can also run a stock screener, check market movers, news feed, and charts. You can also separate a chat and interact with it on a different monitor. Its analytical plugins are institutional grade and they help users get untold trends in the market which potentially have huge price swings. The daily watch lists set me up with a list of active stocks every morning. I made over $1,000 on the first two spotlight stocks that I played and I am looking forward to the next one.

You must have an account to reply to a topic or create a post, but registering is free and only takes a few minutes. You can gain access to the live chat room through any of Bear Bull Traders’ plans. Discussions in chat rooms usually involve shorter messages and typically aren’t archived. No two chat rooms will be the same, nor will their strategies. And, ultimately, no chat room is the “best.” It will be up to you to try them out and find the one that fits you the best.

Learn How to Trade Stocks, Options, and Futures

Membership also includes daily watch lists of top stocks that Investors Underground is focusing on for the day. Because the watch list also includes game plans, including stock charts and rationales. Besides the chat room, members also gain access to live and recorded classes, proprietary trading tools (scanners, Options Flow, Advanced Analytics, etc.), and trade alerts. You can watch live trading for free on YouTube, as well as see what others are saying in the chat. The Warrior Trading chat room boasts more than 4,000 traders.

Even if you are not an option trader, Options Trading Club can still be highly valuable as members often share typical short-term trade ideas. In order to get chat room access members must apply to join, this qualification system ensures that the community continues to grow while keeping its culture and quality at the highest possible level. The Warrior Trading day trading chat room is the best stock chat room for day traders of small-cap stocks. Ross Cameron shares his trading screen daily, and members can interact within the chat room.

Because you know your probable outcomes and are less emotional knowing this. To that end, take care that you don’t fall prey to every news release or alert unless it fits your pre-designed trade plans. We live in a time where online gaming has become prolific. Much like competitive sports, the gaming mentality has found its way into trading now. These days, you’ve likely been bombarded with someone flashing their profit and loss statements in a 30 second YouTube commercial. Their goal is to attract you with the hope of making the same money by following their paid service.