An Insight to the Trading Tools Available Online


I posted a survey this morning, asking fellow traders what trading tools and websites are they using as a guide. Here's a glimpse of the answers I received.

 
 
  

Seems to me that the trading tools preferred by the people I've talked with are all helpful and they have their own strength and weaknesses. Being a newbie trader I am looking for a trading tool that offers a way for me to interact with traders online. It would be easier to understand the stock market if I could ask questions directly from fellow traders especially the ones who have advanced information. I subscribe with Bookaka 5 days ago and here's what I've observed about it.



The thing that sets Bookaka apart is the fact that the content is driven by users. It offers more value for your time since they are providing organic interaction with analysis.

Bookaka is an open source; I can immediately access real-time market news as well as market tweets and there is an ecosystem of interaction with the users allowing the sharing of information to become easier. Top traders like Newtoys, Spyfrat, Jiego Mojica also known as betting on Harmonics, Nikki Yu along with 5 other experienced traders are openly giving their ideas and sentiments. This will definitely help me understand more, I could just ask resident contributors on how to best interpret the information and it does not solely focus on details that are being provided by the tools.

It is like sitting together over coffee while sharing charts and analysis and it has also curated market tweets where subscribers are instantly made aware of up to date news on the market. The best thing about this is you can subscribe for free and you can get free sentiments from the contributors, but If you want to know more, you could just upgrade to premium for only 83 pesos per month. Right now I am still using Amibroker for live charting; it would be great if Bookaka will also have its own live charting tool, screener, and intraday chart. I can't wait for them to add these features soon. This move will help more newbies to understand the data provided in the charts.

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