Ease of Use
Stocks to Trade is a trading platform designed by penny stock trader, Timothy Sykes. The platform includes a variety of features including scanners, charts, watch lists, level 2, and more.
About Stocks to Trade
Stockstotrade.com is a stock market scanning and research tool that integrates charting, watch lists, level 2, news, paper trading, training, and chatroom/social media into a single platform. Traders designed the software and seamlessly integrated so many useful features in one spot, making it a complete trading platform, minus the broker. The platform initially was launched as an EquityFeed lookalike and slowly evolved to become its own unique platform.
StocksToTrade is planning on integrating the platform to existing online brokers so users can make trades.
This innovative product was the brainchild of Timothy Sykes, the infamous guru of penny stock trading and founder of Profit.ly. Sykes put together a reliable development team to create an all-in-one research platform with intuitive features that even newbies can acclimate to quickly. The software is cloud-based and accessible via browser from any internet connection.
StocksToTrade is a subscription-based membership service, which costs $179.95 per month. They offer a yearly pre-pay plan for $1,799.50. Traders can test out the service with the $1 weekly free trial offer.
Stockstotrade Pro is the advanced trader-training program that integrates training tools, including the live trading chat room run by moderator Tim Bohen. Bohen live streams the market open with audio and video analysis from his trading workstation. Members can watch as Bohen puts together his watch list and explains his strategy for the session. He provides his insights and analysis of the market action as members can follow along and learn from a master trader. Weekly strategy webinars are available for members. The cost is an annual fee, which is only disclosed upon upgrade.
The platform has a ton of tools and features that are integrated seamlessly. This one has almost everything a trader needs at his fingertips. The following are some of the ones I found most useful for active intra-day and swing traders.
The charts run very smoothly with loads of popular indicators and tools. Traders can choose between candlestick, line and bar charts, and select different time frames ranging from one-minute to monthly. This allows for multiple time frame analysis to get a full range perspective on price action. It also appeals to both intra-day and swing traders. The drawing tools enable users to manually mark-up the charts with trend lines and channels to identify when patterns are forming. Charts can be linked to other windows for convenience.
The charts are pre-loaded with most of the necessary technical price and momentum indicators, including moving averages, stochastic, Bollinger bands, MACD, and pivot points. Users can adjust the settings and colors of each indicator through the convenient customization panel.
This platform is unique in that it offers level 2 windows for stocks. The level 2 windows provide a glimpse into the depth of a stock’s price on both the bid and ask side. While the size may not be accurate, the prices are active. Traders often use level 2 to spot where they might place their trade orders to ensure the most liquidity.
The news can be streamed through a separate window and also linked to other windows. Users can also filter the news by stock, topics, and keywords as it pulls headlines from Yahoo! Finance, Twitter, MSN Money, Wall Street Journal, Seeking Alpha, and Finviz. The developers knew how influential social media could be on stock prices and incorporated a Twitter filter also to spot news and activity pertaining to the user’s criteria. Very often, something may transpire on social media first and then ripple through the markets, so the feature is well warranted.
The scanner has built-in scans and also allows users to customize scans and settlings. A unique aspect is the ability to scan through OTCBB and Pink Sheet stocks in addition to NYSE, NASDAQ, and AMEX, which results in over 15,000 stocks being monitored for the best ideas. The scanner does all the legwork leaving the user to select the handful of the best stocks to watch and trade.
Another significant feature is the proprietary algorithms scan called Oracle, which alerts users to a list of stocks triggering high-probability momentum-based breakouts and breakdowns. Tim Sykes helped to develop this program using many of his favorite stock patterns and setups. Oracle is very useful in getting eyeballs focused on stocks that are moving in a timely manner. This tool is especially valuable when general markets are stale or in a lull. Oracle can spot that proverbial needle in a haystack quickly before the volume and momentum top out.
Order Entry & Compatible Brokers
The platform has an excellent paper trading simulator with a $30,000 starting balance, which can be adjusted. A trade has many moving parts, with most of them inside the mind of the trader. The simulator helps traders get acclimated to placing and managing trades while simultaneously monitoring the charts objectively and non-emotionally. This is preparing for trading real money, which is an entirely different ballgame. As Mike Tyson famously said, “Everyone has a game plan until they get punched in the face…”
Stockstotrade is now integrated with a variety of brokers including:
- Interactive Brokers
- Ally Invest
The company also seems to be teaming up with Tradier to push a $14.99/month unlimited trading plan.
Users can set up multiple watch lists simultaneously on the platform. The various built-in scans help users compile many watch lists to monitor throughout the day, along with alarms to alert you when specific prices are triggered.
Customization and Saved Layouts
The platform is very flexible and allows users to build their scans. All data is saved on the cloud, which makes access convenient from any location with an internet connection.
While there are many research, charting, and scanning platforms on the market, very few include so many features. The most notable unique features include level 2 quotes, the Oracle scan, OTC and Pink Sheet scans, and a paper trading simulator. StockstotradePro includes live webinars, training sessions, and video streams from top traders.
StocksToTrade Bug Reports
We’ve received reports from quite a few users that StocksToTrade has a lot of bugs that continue to cause issues with the platform. Traders have reported problems with the app freezing up and or shutting down unexpectedly. Every software will have bugs, and we don’t expect perfection, but we have received a disproportionate amount of complaints about the StocksToTrade platform.
In fairness to the company, we don’t know what percentage of users these bugs affect. I recommend starting with the 7-day trial to see if the platform plays nicely with your computer setup.
What Type of Trader Is StocksToTrade Best For?
Stockstotrade.com is an all-in-one research platform suitable for all traders from newbies to seasoned professionals. For traders who are ready for the next level, they may be interested in StocksToTrade Pro to get some advanced training directly from season pros, which is integrated directly into the platform. I would recommend having at least two monitors just for the platform, so you have enough screen real estate to take advantage of all the tools. Paying for a full trading platform may not be viable for newer traders. There are plenty of free scanning tools like FinViz and charting platforms like TradingView that can be great alternatives.
There are two apparent alternatives to the StocksToTrade platform.
First, there’s EquityFeed. It’s no secret that StocksToTrade was initially a white-labeled version of the EquityFeed platform. I remember testing StocksToTrade when it first came out only to be disappointed by the fact that it was a subpar version of EquityFeed. Of course, the platform has improved a lot since then, but so has EquityFeed.
EquityFeed offers most of the same tools as StocksToTrade at a slightly lower price. I also prefer the platform for its speed, reliability, and ease of use. EquityFeed includes data scanners, news scanners, charting, level 2, integrated trading, and more.
The second alternative is Trade Ideas. If you’re using StocksToTrade solely for the scanning functionality, Trade Ideas offers a great option. Trade Ideas has some great pre-built scanners and exciting features. Of course, Trade Ideas is not an “all in one” trading platform, and I wouldn’t recommend it for charting, level 2, etc.
- All-in-one research, charting, scanning, level 2, simulator and community-based trading platform
- Free one-week trial for $1
- Effectively spots where “the action is” even in stale markets
- Filters news and social media in real-time for trade-able ideas
- The Oracle scan reveals five to 10 high-probability picks daily
- Advanced education and community tools
- Compatible with Mac and Windows
- Can be a bit overwhelming at first
- Price is somewhat costly
- No broker integration