Tweet

Pat

May 7 • 5 tweets • 2 min read

Top 3 tools for traders 💯

Investopedia: Education 📚
TradingView: Live Charts 📊
Finviz: Screener 📺

Thread
👇

@Investopedia

@Investopedia is a phenomenal place for all things finance. If there is something you aren’t sure of and want to learn more about, that’s the place to be.

The amount of time I’ve spent reading through pages on there is incredible. You will learn A TON!

@tradingview

@tradingview is by far the best place to chart (imo).

I’ve never had an issue with it and it allows me to be creative with my charts, which is nice.

When I started using this on laptop it tremendously benefited my trading!

#FinViz is a great scanner. It allows you to add many different screener settings to filter out the type of companies you’re looking for.

This is a great way to find some gems!

These are by far some of the best tools you can use to elevate your trading and investing career! 🚀

• • •

Missing some Tweet in this thread? You can try to force a refresh

This Thread may be Removed Anytime!

Twitter may remove this content at anytime! Save it as PDF for later use!

More from @PatTrades_

Pat

@PatTrades_

May 7

Sector Rotation Thread

In this thread I’ll briefly go over each sector in the market $SPY

👇

📡 Communications $XLC

This sector is designed to reflect modern communication activities and information delivery mechanisms. Industries include Telecom, Media, Wireless, Entertainment and Interactive Media.

Some of the largest components consist of $GOOG $FB $DIS $ATT

🎁 Consumer Discretionary $XLY

This sector captures exposure in industries such as retail, automobiles, consumer durables, apparel, hotels, and restaurants.

Some of the largest weights consist of $TSLA $AMZN $MCD $HD $NKE

Read 13 tweets

Pat

@PatTrades_

Apr 3

📚Option Greeks📚

Here’s a good way to remember what the options Greeks mean 💭

1️⃣ Delta = Dollar

Delta tells you how much to expect the option price to change with a $1 increase or decrease in the underlying stock.

For example, if the delta on your option is .30, then theoretically your option price will move .30 for every $1 move in the stock.

2️⃣ Theta = Time

Theta is known as time decay. This is the rate at which your option will decay every day as it nears expiration, all things held constant.

For example, if the theta on your option is .15, you can expect it to decay in .15 everyday, again, all things constant.

Read 6 tweets

Pat

@PatTrades_

Mar 26

📚OPTION SPREADS THREAD📚

I will go over the most basic ones and how I use them as an introduction. This topic can get very deep and complex. #Options $SPY $QQQ

1) Most of you on here are familiar with the most basic type of options, like calls or puts. Spreads take that a step further. If you don’t know what an option is then read no further. First you need to understand an option in entirety before you start to dive into spreads.

2) The first most common spread is a (Call or Put) Debit Spread. This involves the buying and selling of 2 options with different strike prices. Options have time decay (Theta) and a debit spread allows you to hedge against this decay or opposite movement on your option.

Read 14 tweets

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Share this page!

Pat

People who liked this thread also liked...

Try unrolling a thread yourself!

More from @PatTrades_

Pat

Pat

Pat

Did Thread Reader help you today?

Don't want to be a Premium member but still want to support us?