Add your indicators to your tool bag so you can find more precise levels to enter a stock and get the best entry possible. Webull is an online brokerage that says they’re “a financial company with the customer at heart, the internet as our foundation, and technology as our lifeblood.” Webull’s leadership team has experience in both the financial and technology industries. I can say after 2 years of intense trading I can draw support and resistance on the fly in about 20 seconds, even while day trading. Learning how to draw support and resistance levels is key to becoming a successful trader. Stockcharts is another really good charting service to use. There are many different charting software services that you can use. Their customer service isn’t as good (or quite as available) as Webull’s, but since things are a bit more straightforward, that might not be an issue for you.
Webull has a slick mobile app available for both iOS and Android.
Automatic Fibonacci Levels Indicator. Webull’s formula for this is: Daily Margin Interest (Short Position) = The Daily Market Value of the Borrowed Stocks when Market Closes* Stock Loan Rate for That Stock/360. For those who are comfortable with it, though, the option is there. How Much Life Insurance Do You Really Need?
Here’s a look at some of their other pricing and fees: You can get up to 4x day-trade buying power and 2x overnight buying power with a margin account–and you need $2,000 to qualify. However, this takes a lot of practice which entails studying hundreds, of charts over the course of several months. This means that the largest price movement is expected to occur … Diagonal peaks and valleys can be higher highs, lower lows, lower highs, higher lows. This is also helpful once you do sign up to practice making trades, reviewing charts, and analyzing stocks before you put your money on the line. You need to sign up for an account with them but you could open a virtual account without having to fund it. Finding a new investment platform can be stressful–especially if you don’t know what you’re looking for. Dan is big on finding "angular momentum" and horizontal resistance to place his trades.