Useful Tools and Websites for New Traders
The following is a list that you may find quite useful. If you are new to trading, these websites will be vital for research, charting, and learning. F&C has tried to include only free tools and websites to keep costs down for beginning traders.
This is a great site that has a very useful screener, which is free, and upgradable if you need for features as you progress in your trading. Screeners are useful once a trader has developed a strategy, and has an idea about what kind of stocks his or her strategy may work best on. A screener allows a trader to sift through stocks with much greater efficiency by allowing him or her to target only the most likely candidates for a particular strategy.
TradingView is one of the best free stock charting systems on the web. It is packed with useful features, tons of indicators and customization options, and a vibrant trading community. If you are swing trading, this may very well be one of your best tools. If you are day trading, you may need to upgrade to their paid service, or use charts through your broker, as the free version of TradingView lags ever so slightly. In day trading though, every second counts.
Yahoo Finance is an extremely powerful tool for all traders, especially those that use fundamental analysis in their trading. Yahoo Finance, even though it is free, offers some of the best resources for analyzing companies. While there are other sites that allow for quicker sifting through data, Yahoo Finance is reliable, accurate (for the most part) and intuitive.