In the game of pursuing breakout stocks, a trader’s best friend is a news reporter. And even algorithms agree. The Oxford Academic has shown that algorithmic trading models incorporating news data can significantly enhance profit margins. “When relevant news can be identified, stock prices are closely linked to this news,” says the conclusion of a study on the effectiveness of news trading.
The sooner that news reaches you, the faster you can catch a rocketing stock. If you want to experience the fastest news ticker in the game, here’s a free 14-day trial for Benzinga Pro.
More Than Just News
Benzinga Pro is the ultimate platform for news trading. It is the best tool for anyone looking to enhance their trading strategy with actionable news and insights. Recent successful alerts illustrate this perfectly, leading to over 100% gains in four days or less. But the platform offers so much more than a news ticker.
There’s a very strong social aspect of the platform. It hosts a community of traders who actively share ideas and engage directly through the built-in group chats instead of having to go to an external app or a website. Professional traders share their trades and reveal their reasoning behind them on live streams so you can adopt their tactics when you see fit.
Keeping A Close Eye On Key Stocks
Features like the stock scanner and stock calendar allow you to closely monitor the crucial happenings tied to the stocks you want to trade. You can customize your scanner according to your strategy and easily identify which trades you should execute in real time. The calendar is a unique Benzinga Pro feature that tells you when the earnings calls, dividend distributions and SEC filings are taking place, amongst other important events that could impact your bottom line.
Audio Squawk Streams
If you’re a better listener than a reader, you can tune into Benzinga Pro’s stock audio stream and hear breaking news on the cusp of moving the markets. This saves both time and frees up space, so you have fewer things to juggle on your screen.
Benzinga Pro is a leading platform that allows you to get trade ideas and easily execute them thanks to its super intuitive workspaces. Due to the factors listed here and many others, it has been the trading platform of choice for thousands of successful traders. You can join them for a risk-free 14-day trial, without providing credit card information.
“I can't go back,” stated Emily. “I would not want to trade without Benzinga Pro. The SQUAWK, the instant news availability, the level of detail you can access quickly, and continuous updating of features are all excellent.”
One Redditor in the r/Daytrading subreddit said: “Using Benzinga Pro definitely helped me earn more money, and it’s by far the best platform that I’ve found”