trade ideas stock market day trading
scanner talking about my experience the
last couple weeks using the trade idea
software and everything that it's about
kind of breaking down what I use it for
and all that fun stuff in this video so
make sure you stay tuned today I want to
discuss trade ideas my experience the
last couple weeks using this scanning
software in the past I've been a little
bit hesitant you know about buying a
scanner about spending money on a
scanner when I've been using other ways
but what trade ideas has done is it puts
everything that I need to see right in
front of me and it's also giving me
real-time alerts that's helping me get
into stocks quicker now I'm able to have
more time to really analyze the stock
figure out what's going on just by using
the scanner I know people are gonna say
it's really expensive that it's a waste
of money that you can do it other ways
but at the end of the day remember we're
trying to make money here day trading is
about making money having the right
tools that will empower you to make
money at the end of the day any little
edge any edge that you can have is gonna
make you more profitable in the long run
now I'm not gonna tell you that trade
ideas is gonna make you a profitable day
trader that trade ideas is going to
point you in the direction of the stocks
that are moving that are gonna give you
opportunities to make money in the
market and that's really what it comes
down to having a scanner having a system
that will allow you to find stocks that
are hot that are moving finding stocks
with your parameters pop it up on the
scanner it's time to make money and
that's what you're going to get here
it's gonna give you all the information
also when the market is really hot and
we're getting stocks that are halted
it's great to have the halted scanner so
it'll let you know right then and there
when a stock is halted so I definitely
see value in the trade idea scanner for
those reasons alone just having that
information right here in front of me so
I don't need to go click through
websites I don't need to do anything
other than just be like whoa I NSG it's
time to go time to make a trade I can
pull the chart up instantly and then
start to really figure out what my trade
plan is going to be instead of sitting
on other websites or trying to figure
out you know top lists and oh yeah let
me figure this out but when it comes
down to it day trading if you're a
minute late to the party a lot of times
you're gonna miss
on the safer move or the overall bigger
move because you're gonna come after all
the action and what happens is there's
thousands of day traders who are using
scanners like trade ideas they're using
this every single day they're using very
similar parameters if they're trading
these small cap low float stocks making
it so literally there's thousands of
people who are sitting here going oh i
NSG it just popped up on the scanner and
everyone's looking at it so if there's
gonna be a big move trade idea is gonna
get you into that action right when it's
happening what I'm using is the new high
breakout I'm using the breaking out on
volume and I've also got the low float
mover scanner as well it's kind of going
and then the biggest gainers the biggest
losers now for me with the breaking out
on volume it works great because it's
basically I can set this parameter that
I want to have it set up with stocks I
can go in here the minimum price is
$1.00 the maximum price is $15 I can
adjust the change from close because I
really want to see stocks that are
gapping up that are moving fast so
basically anything that's not over 10%
really just isn't happening or just
really you know maybe it's gonna happen
but it's just not happening so I don't
need to see every stock that's moving
and I can also adjust all this if I can
adjust everything here and really set it
up to do exactly what I'm looking for
what I need and that's what it comes
down to having that power day trading is
all about information having a computer
having a scanner having a system that
makes it so you're able to get into
trades fast you're able to see what's
going on looking at the chart and then
taking the trade making money and if
you're not able to execute fast a lot of
times you're gonna miss out on these big
crazy movers and that's why trade ideas
is really helping me out because now I'm
able to see instantly okay boom this
stock is hot it's time for me to look at
it instead you know in the past I would
just kind of look through the top list
but now a trade ideas I'm alerted right
when it's happening and a lot of times
in the past I would miss out on moves
because you got the top mover list but
you don't pay attention enough so I was
using the top mover list inside of -
trader Perot before and a lot of times I
would just miss out because there would
be stocks that are starting to move up
they start to move up I wouldn't notice
them or I just wasn't paying attention
but now with the scanner
if something's moving I'm alerted right
away and then I'm like hope okay I need
to look at that because if it pops up on
my scanner with my parameters and my
setup I know that it's probably a good
idea for me to look at that stock and
the best part about trade ideas is that
you can set this up you can set it up
however you want whatever parameters
whatever style no matter if you trade
$100 stocks
$20 stocks $30 stocks or $1 stocks or
even penny stocks you can set it up so
that you're only getting the information
that you want to get instead of just
getting information from everything and
it really gives you an edge when I first
started trading I had no idea how to
find stocks what stock to trade and all
that I had no idea really had no idea I
think this is a tool that can really
help any new day traders start to find
stock start to look for setups and
really see the overall market how it's
moving and learning and at the end of
the day it might seem expensive but
you're also spending a lot of money in
commissions you're spending a lot of
money losing money in the market so
what's better is it better to lose money
in the market
because you're missing out on all the
moves because you don't have a scanner
or is it better to spend a little bit of
money to get a scanner that is able to
identify these moves before they happen
that's really what it comes down to
investing in success invest in success
that's my new slogan new bumper-sticker
invest in success so there it is trade
ideas my review so far I'll make a video
talking a little bit more in depth on
how to set this all up and get it going
but for right now just wanted to cover
this overall review the last couple of
weeks how trade ideas has been helping
me make more money in the stock market
and I'll talk to you guys later on