What websites should traders use?
Stock traders need to have the best of information in order to perform well. The right information is the best input for the best decision. This applies to any field you are dealing with. However, in this regard, we focus on trading- forex trading, crypto trading and commodities trading.
The order in which the writer presents these websites has no significance on their importance. And the details included are not conclusive. They are just an eye-opener. Therefore, additional research is vital.
Also, important for writers: Are you a writer who is struggling to get content to write about? These websites will keep you updated with the latest news and information, giving you the inspiration to write.
Trading view: TradingView.com
This site provides information on trading of stocks, electronically traded funds (ETF), and foreign exchange (forex) pairs. In fact, you get real-time data on these tradable units. Apart from the above mentioned ones, you also get trading information on contract for difference (CFD). It also provides high quality charts with popular indicators and comparison tools. You can also participate in the community chat rooms, where you share views of trading and other related issues.
Babybips: - www.babypips.com
This site provides essential information to beginners. Its focus is to groom trading newbies to become polished traders. The good news is that it presents the information in a simplified manner, which allows people with very little trading knowledge to understand the material. If you are a beginner in trading, this is the best site for you. Trust me, you will celebrate afterwards.
ForexLive: - www.forexlive.com
This is an important website for traders despite your experience and knowledge. Because you will find an array of tools you need in your journey, as a trader. For example, you find information on technical analysis, cryptocurrency, forex brokers and related areas. In addition, you will find information which include live market quotes, live charts and forex orders
Finviz: Finviz.com
Day traders find some important stocks which enhance their profitability. The site also provides information of day trader losers and gainers relating to trading break outs.
More significantly, you get detailed information on stocks, futures and forex pairs, helping you to make informed decisions. People also get detailed analysis of activities of new vendors. There is also a map options where you find the performance of different stocks. Many people are also interested in real-time quotes, pre-market data, alerts and much more.
Daily Forex: - www.dailyforex.com
This site gives detailed reviews of various aspects relating to trading, which are useful for traders. People can learn a lot about trading tools, forex and topical market updates. Trading beginners can also open paper money or trading demo accounts.
ForexFactory: forexfactory.com
This site is filled with valuable information for traders, ranging from downloadable books, advice from experts and trading strategies. The participants also benefit from trading feeds and updates as well as showcasing of live trades.
StockTwits
This is a social platform that gives traders live updates of what is happening. For instance, you get information of the stocks that are performing well and those that break out. You can as well search for different traders on the platform and follow them to find timely updates. It is important to note that StockTwits simply generates ideas and you use your discretion on what you adopt or reject.
CoinMarketCap
We cannot talk of important websites for traders without mentioning CoinMarketCap. This is because, it is a hub of very important information for traders to use on a day to day basis. It shows trading charts, trading volumes, capitalization, price dynamics for different time periods, filtering by category, block explorer and currency converter, among much more.
Cointelegraph
This is a renowned website that covers information relating to cryptocurrency, stocks and trading. It also publishes new trends in FinTech and the DeFi ecosystems.
Other important websites
We cannot discuss all the websites that provide us with vital information. Some of these include, Coindesk, Bitcointalk, DappRadar, Reddit and Crypto Research Report.