Trading Tool Comparison: Technical Charts - Free vs. Paid

The trading world is filled with tools, brokers, platforms and a variety of other services. As a beginner day trader who is looking to learn and get started, the challenge of preparing to make money can be overwhelming from the start. One of the most important tools you will need in order to build a day trading strategy that makes you money are technical charts. These are a fantastic way to ensure you are thinking logically as a trader (opposed to thinking emotionally) and making the best decisions possible. With that being said, even when it comes to technical charts the experience can get overwhelming because there are so many choices out there. Who is the best chart provider? What does it cost to gain access to technical charts? You will have choices ranging from free to paid, but does a service that charges for technical charts mean they are better? Maybe. I want to take you through a quick exercise that will allow you to give yourself an honest feeling about some technical charts without being influenced by the perceived value bias or confirmation bias. In this video I set-up three charts next to each other. Each of these charts is from a different technical chart provider, but I don’t tell you “who is who” until the end. This way, you can make an honest judgement of what charts you like the most without even knowing if they’re free or paid. I have a sneaky suspicion that you'll realize that when it comes to technical charts, you don’t need to use a huge portion of your budget on them. Let the test begin!

[mido____]

Lightspeed is 25k min to open the account plus around $130 a month in fees. About $100 can be waived from the monthly fees if paid for in commissions.

[timp]

What about Interactive Brokers, Lightspeed, TOS, Moomoo are they also fast. I'm not i US so cant get webull.

[pmanning]

Seems like top left updates data more frequently

[treefrogs]

The first one I can read the volume very clearly it is very important that I see the volume together with the candle and I could identify the direction of the stock including investor psychology what time of the day is it a day trade is it a swing trade so there's a lot of factor if you look another chart what time the big move happen if there was news behind it is it financial news which the trade going to last a little bit longer is it hype news which probably last one day which it is

[BcksgotIQs]

How much in a super chat for you to make a video breakingdown the "Position Cost Distribution" in webull??

[zakaizaki]

Last part of Video with black screen need to edit the video if you want, by the way I like the video

[sercan]

have you ever compared them perspective of execution speeds and reliability?, i mean the charts seem to flow at same rate but how about fills ? I know this really only matters for day traders, always I ran into some weird bugs with webull (couple times my orders got stuck, they didnt fill also they didnt get cancelled) which caused me to lose money on mobile platform. I use webull but its pretty dangerous to trade low float stocks with webull i realized . not sure if all platforms run into these sometimes