Is Trade Ideas The Best Stock Charting App?

Jeremy BiberdorfBy: Jeremy Biberdorf

October 17, 2023October 17, 2023

 Trade Ideas Logo

Stock screeners, in essence, are invaluable trading tools that filter and showcase specific stocks based on user-defined parameters. These parameters can range from price per share to earnings and other fundamental indicators.
Learn More About Trade Ideas

How do they work?

Consider you’re searching for shares trading between $10 and $20. Simply adjust the price per share filter in your stock screener, and voila! Only those fitting your criteria appear.

Active traders, casual traders, and even buy-and-hold investors use these tools to identify potential gems, often guided by a technical indicator or two. Such tangible factors provide the rationale behind a stock’s price movement.

Why are they Essential?

Stock screeners facilitate trading by narrowing down choices. For traders, especially those engaged in penny stocks or crypto trading, these tools expedite the decision-making process, stripping out emotional or behavioral biases.

They offer insights, visual representations, and advanced charts that make stock selection a more calculated affair. Top-tier stock screeners are recognized by:

  • Ease of Use: A streamlined experience is vital, especially for those using mobile apps or web-based platforms.
  • Depth of Analysis: This delves into the nitty-gritty details, allowing for tailored trading strategies based on custom indicators and more.
  • The breadth of Coverage: From international trading to options trades and even penny stock trades, the scope is crucial.

In today’s age, with an abundance of online brokerages, having an edge is imperative. And it’s not just about trading tools. Brokerage service quality, educational content, and partnering with customer experience specialists are all pivotal.

Platforms like TradeStation are gaining traction due to their robust desktop platform offerings and customizable watch lists for a comprehensive look at different stock charting apps. With the vast array of tools and options available, enhancing your trading skills and experience has never been more accessible.

Trade Ideas Review:

The world of investing and trading can often feel like navigating a vast sea. With a continuous barrage of data, it becomes an almost Herculean task to maintain an edge in the dynamic trading environment. This is where Trade Ideas takes the stage.

Specially tailored for professional traders, active trading enthusiasts, and hedge funds, Trade Ideas employs technology to master what seems an insurmountable amount of data. The prowess of this technology? It achieves what no human can:

  • Monitoring every trade across all stocks in the market.
  • Ensuring you’re promptly notified about lucrative opportunities.
  • Thus becoming your bridge between trading success and failure.

A Deep Dive into Trade Ideas’ Functionality:

  • The software harnesses computational power, simulating thousands of trading scenarios daily to pinpoint market relationships with predictive outcomes.
  • It seamlessly identifies market dynamics in both bullish and bearish conditions, guiding users on what to buy, when to short, and the optimal exit points.
  • Instead of getting lost in a maze of figures, you can focus on being the decision-maker, efficiently allocating your capital.

Having built its reputation over a decade, top online brokerages now integrate Trade Ideas’ technology into their premium trading platforms.

Additionally, esteemed educators such as TodayTrader, Bulls on Wall St, and TradeCrushers also employ this sophisticated tool. To put it bluntly, if your goal is to amplify your earnings in the market, Trade Ideas is your compass.

External Trade Ideas Reviews & Ratings

SiteRating
StockScreenerTips5
Capterra4.7 from 24 reviews
Day Trade Review4.4
Liberated Stock Trader4.5
Benzinga4.5
DayTradingz4.5

Key Components of Trade Ideas

A standout feature is the A.I.-powered robo-advisor. Comprising several distinct investment algorithms, it scrutinizes over a staggering 1 MILLION trading scenarios nightly. The outcome? A select group of scenarios with the utmost potential for alpha in the forthcoming market session.

A.I. Holly: The Next Generation of Trading Algorithms

In the world of trading, efficiency and precision are crucial. After the market shuts its doors for the day, most traders retreat, but not A.I. Holly. As the night begins, she starts her thorough analysis, diving deep into the vast ocean of trading data from the day.

The magic behind Holly is her division into at least 35 unique strategic concepts. Each one is meticulously crafted to provide Holly with the tools she needs to outperform the market.

From understanding long and short positions, gauging cheap versus expensive assets, and analyzing fundamental and social data to examining technical data and volume-driven trends—Holly has it covered.

Post-analysis,

Holly undergoes an optimization process. Using the vast array of Trade Ideas filters, she tweaks her strategies, aiming to enhance the forthcoming results. Then, in a remarkable process likened to “teleporting to Monte Carlo,” Holly begins afresh the next day, ensuring only the strategies boasting a success rate above 60% and a 2:1 Profit Factor reach the trader’s eyes. But Holly isn’t just one entity. Here’s a closer look at the Trinity of Hollys:

● Holly (“Holly Grail”)

The pioneer is often referred to as the “Holy Grail” of speculative financial technology. Holly Grail’s performance was so stellar over her initial two years that it became evident—she needed to evolve.

● Holly 2.0

While equipped with the same foundational A.I. engine as the original, Holly 2.0 introduces strategies with a sharper edge, aiming for a more aggressive speculative approach. Where the original might tread cautiously, Holly 2.0 dives in, capturing potential opportunities the former might overlook.

● Holly Neo

Representing a paradigm shift, Holly Neo brings an entirely new perspective to investment selections. Using innovative techniques, she offers real-time investment solutions, showcasing Trade Ideas’ commitment to advancing its tech prowess.

In essence, A.I. Holly is a symbol of the future of trading—a blend of technology and strategy that promises traders not just insights but the potential to stay a step ahead in the ever-evolving world of the stock market.

Trade Ideas: A Comprehensive Suite of Trading Tools

1. OddsMaker Window

A pivotal tool in the Trade Ideas arsenal, the OddsMaker Window lets you evaluate the efficacy of scans, entry signals, and trading plans. By analyzing recent History, it provides valuable insights into the performance. Moreover, Trade Ideas takes it a step further by tweaking certain parameters to enhance your trading strategy outcomes.

2. Alert Windows

Get real-time streaming of events based on your customized alerts and filters. With the added bonus of visually rich columns, you can quickly gauge data across various timeframes.

3. Chart Windows

This is where visual confirmation comes into play. Spot an alert? Instantly verify it using Chart Windows, ensuring you remain within the Trade Ideas Pro ecosystem.

4. Compare Count Windows

Have you ever wanted to juxtapose two trading strategies? This window facilitates just that. View in real-time which strategy outperforms the other and gauge frequency rates.

5. Full Quote Windows

For those who cherish in-depth analysis, these windows display all the fundamental data influencing a stock’s price. Plus, with visual cues, it’s easy to determine the stock’s standing in its hourly, weekly, and yearly range.

6. Top List Windows

Harness the power of Trade Idea’s unique Multi-Variant, Color-Assisted Sorting. This feature enables ranking of market data, presenting a structured overview.

7. Channel Bar

Organize and customize your layouts using channels. Whether it’s focusing on the premarket scene, tracking social buzz, delving into the cryptocurrency realm, or monitoring volume, the Channel Bar has got you covered.

Trade Ideas’ Dedication to Learning:

Trade Ideas isn’t just about offering state-of-the-art trading tools. It’s about ensuring its users leverage these tools efficiently. With a robust emphasis on education, Trade Ideas offers:

  • A comprehensive training program packed with informative videos and meticulous documentation. Their goal? Your trading success.
  • Their commitment shines through their FREE educational initiative, aimed at acquainting users with optimal techniques for harnessing the AI trading software.
  • Incorporate the knowledge garnered from their courses into your day-to-day trading and investment strategies.
  • With FOUR distinct levels of “T.I. University,” Trade Ideas ensures that every user, regardless of their proficiency level, learns how to tailor the software to their needs.

Whether you’re a novice trader or a seasoned investor, Trade Ideas provides an unparalleled suite of tools, ensuring that you’re well-equipped to navigate the complex world of trading. Dive into their resources and start optimizing your trading journey today.

Trade Ideas Educational Suite: From Basics to Mastery

Trade Ideas is not just a trading platform; it’s an educational hub designed to guide traders from their initial steps to mastering advanced strategies.

Their systematic educational approach, segmented into multiple levels, ensures traders grow with the platform, grasping every nuance of its capabilities.

1. Beginners 101

Kickstarting Your Journey Dedicated to new subscribers, this weekly webinar introduces the foundational aspects of Trade Ideas. Topics covered are:

  • Launching Trade Ideas
  • Deciphering Events and Filters
  • Getting familiar with Basic Chart functionality
  • Understanding layouts and channels
  • Browsing for scans using the Cloud in the channel bar

2. Beginners 201

Diving Deeper Building on the initial foundation, this segment delves into more specific features:

  • Exploring the Symbol list
  • Crafting a Top-list
  • Introduction to A.I. Holly
  • Web version’s navigational capacities and their constraints
  • Recounting the History features of every window
  • Harnessing the Heart feature
  • Setting up price alerts

3. Intermediate 301

Sharpening Your Skills Aimed at those looking to refine their usage of Trade Ideas, this class includes:

  • Saving layouts to Cloud
  • Setting up External Linking
  • Grasping Backtesting fundamentals
  • Collaborative features
  • Delving into Advanced Charting capabilities
  • Troubleshooting: “Why didn’t my symbol show up in the scan?”

4. Advanced 401

The Finer Details For traders ready to explore the pinnacle of Trade Ideas’ capabilities:

  • In-depth Backtesting and Optimization
  • Colorizing the Top-list
  • Understanding Compare Count windows
  • Single Stock Lookup and its History
  • Leveraging the Advanced show-me button (Histogram)

Additional Resources for Comprehensive Learning Trade Ideas continue beyond webinars. They offer a plethora of resources like:

  • Comprehensive eBooks that cover trading strategies in depth.
  • A vast video library that caters to visual learners, explaining features and strategies.
  • Personalized 1-on-1 training sessions.
  • The invaluable User Guide, a step-by-step manual for the Trade Ideas platform, ensures users harness the platform to its full potential.

In essence, Trade Ideas prioritizes user education as much as its trading tools, ensuring that traders are well-equipped to make the most out of their trading journey.

Whether you’re a beginner or a seasoned trader, Trade Ideas provides an educational path tailored just for you. Dive in, learn, and excel with Trade Ideas.

Trade Ideas Plans & Pricing Breakdown

The plethora of tools and features offered by Trade Ideas comes with different pricing tiers to cater to the varied needs of traders. Here’s a comprehensive breakdown:

1. Standard Plan

  • Yearly:
    • Price: $999/year or effectively $84/month
    • Features:
      • Streaming Trade Ideas
      • 10 Simultaneous Charts
      • Chart Based Visual Trade Assistant
      • Up to 500 Price Alerts
      • Channel Bar (Curated Workspaces by T.I.)
      • Live Trading Room (Hosted by Barrie Einarson)
  • Monthly:
    • Price: $118/month
    • Features are the same as the yearly plan.

2. Premium Plan

  • Yearly:
    • Price: $1999/year or effectively $167/month
    • Features:
      • Everything from the Standard Plan
      • 20 Simultaneous Charts
      • I. Virtual Trading Analyst (Holly)
      • Entry and Exit Signals
      • Risk Assessment
      • Chart Based A.I. Trade Assistance
      • Build and Backtest any Trade Idea
    • Monthly:
      • Price: $228/month
      • Features are the same as the yearly plan.

3. Brokerage Plus License

  • Price: $1,100 (Limited to 1,000 total licenses)
  • Features:
    • Autotrade any strategy
    • Fully automatic, semi-automatic, and manual portfolio management
    • I. Autotrading (Limited to 1,000 licenses in Q1 2019)
    • Specifically designed for traders wanting hands-off execution.

Conclusion: Is Trade Ideas The Best Stock Charting App

Trade Ideas offers a range of plans tailored to fit the needs of different traders, from the novice to the expert. Whether you’re just dipping your toes into the trading world or are a seasoned professional seeking advanced tools and A.I. insights, Trade Ideas has a plan suited for you.

Whether you’re into options contracts, crypto trading, or merely seeking trading ideas, the importance of a stock screener in your arsenal is undeniable.

The question of whether Trade Ideas is worth it depends on your trading needs, but with such a robust feature set and the possibility to integrate auto trading, many traders find significant value in their offerings. Click here to sign up and make your first purchase using our Trade Idea Coupon.

Get 25% off your first purchase (code MODEST25)!

Get Started With Trade Ideas

Related Links

Jeremy Biberdorf
Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. He's a father of 2 beautiful girls, a dog owner, a long-time online entrepreneur and an investing enthusiast.

Leave a Comment

Your email address will not be published. Required fields are marked *