You’ve likely observed the rising trend of Day Trading in recent years, which continues to gain momentum.
This surge became particularly noticeable in early 2020, coinciding with the COVID-19 pandemic that forced many individuals to remain at home, unable to attend their workplaces.
With ample free time on our hands, we have all (more or less) explore productive ways to utilize our time–as well as getting some rest–and generate some income by taking advantage of the Internet (and thus wondering about the best businesses to start online, possibly with a low entry fee).
As one can imagine, this influx of interest attracted a diverse audience, including a lot of people who had never previously engaged in or even heard of short-term trading, the best strategy for capitalizing on the market fluctuations that dominated those days.
This new wave of amateur day traders, eager for immediate and easy-to-use knowledge, turned to the Internet in search of reliable information and strategies to guide their trading decisions.
Blogs and online resources (such as live broadcasts from our partners at TraderTv) emerged as crucial sources of education and support for these aspiring traders, providing insights into:
- Short-term trading strategies tailored for beginners
- Identifying entry and exit points using technical indicators and chart patterns
- Controlling risks through proper position sizing and stop-loss orders
- Choosing the right trading platform with fast execution and pricing technology
If you are also in the situation where you need to find reliable sources of information, you have landed in the right place! We have indeed put together a list with the best day trading blogs you can find on the net.
Why reading blogs is important
As a day trader, it is always important for you to spend some time every day reading. This involves reading the latest news from some of the best news platforms in the world like Financial Times and Wall Street Journal. It also involves reading at books on finance and other fields.
Most importantly, we recommend that you spend a lot of time reading blogs and anything that will add value to your trading career. Some of the benefits of reading trading blogs are the following.
1. Learn new skills
There are many financial bloggers around. These bloggers tend to write on different topics and highlight different strategies. Some focus on technical analysis while others focus on fundamental analysis.
Other bloggers focus on different areas of trading like algorithmic trading among others. Therefore, reading these blogs regularly will open you to new skills that you can apply to your strategy.
2. Finding news
Some bloggers focus purely on news. Therefore, if you have informative blogs with quality insights, you will definitely be in a better position regarding the recent events, and you can take advantage of them in your trading session.
It’s essential to avoid relying on a single source of information when it comes to trading. Instead, we should curate our feeds with three to four high-quality resources to ensure we can confirm the information we come across. One excellent option for real-time updates is Twitter, which serves as an ideal platform for accessing the latest news and insights as they happen.
3. Trading ideas
Another significant reason to integrate blogs into your trading informational routine is their ability to prompt fresh ideas and perspectives.
Many bloggers engage in analysis of various assets and share their insights through well-crafted articles. As a trader, or an aspiring one, tapping into this wealth of knowledge can provide you with innovative ideas that can complement and enhance your existing trading strategies.
In contrast to social media, where information is hit-and-miss, Blogs often delve into the intricacies of specific assets, sectors or market conditions, offering a level of depth and analysis you probably cannot find elsewhere.
4. Find a new community
Most blogs have a comment section where people share their ideas and other stories. At times, this comment platform or forum can lead to a bigger trading community. That community will help you in your trading journey.
The best day trading blogs
This is why We took some time to find, read and select the Best Day Trading Blogs on the internet. Here’s our list.
- Real Trading – We don’t want to self celebrating, but our Blog section is truly one of the most interesting you can find surfing the web. Here you can find 3 new posts every week about trading or tips to use in your day trading strategies like technical indicators or patterns.
- TradingSim Blog – Simply one of the most complete day trading blogs around. Their Day Trading Psychology articles are impressive, and usually you can learn a lot from reading them. Add the website to your bookmarks!
- Greg Harmon’s Dragonfly Capital – Greg’s free posts are often high level overviews of the premium articles and macro economic events, from the Top 10 Trade Ideas for the Week, Macro Week In Review/Preview, and Sector Analysis.
The Top 10 Trade Ideas are screened against the potential to provide a 5 – 10% return in under 10 trading days. - Earn2Trade – Earn2Trade is one of the leading financial blogs in the world. The authors write on different topics such as on indicators and strategies in general. Some of the most important topics in the blog are on indicators like moving aerages and how to build your discipline. We recommend that you use the website to polish your skills.
- Marctomarket – If you are a forex trader, Marc to Market is one of the best blogs for you. It is written by Marc Chandler, one of the best-known figures in the forex market. He makes regular appearances on media platforms like CNBC and Bloomberg. In this blog, he writes about current affairs and gives predictions on currency pairs.
- Trading With Rayner – Rayner Teo is a Singapore citizen who runs Trading With Rayner. It is a popular blog where he writes on all topics of the market. You will find all topics about the forex market in this site. You should visit it often to learn new strategies in the market,
- IG – IG is a leading publicly-traded forex and CFD broker valued at over $3 billion. It has hundreds of thousands of clients globally. In its website, IG has a good blog that is written well.
Summary: The power of blogging is still alive today
Despite the frenetic innovations of recent years, starting with the advent of AI (ChatGPT first and foremost), the focus on blogging remains constant, especially in the world of finance and short term trading.
Having reliable resources that provide us with tons of knowledge, and in-depth analysis on recent events, is something extremely valuable that new and experienced traders definitely cannot afford to overlook.
However, if you want an even more in-depth education, you might consider joining Real Trading and getting your hands on our professional trading courses.