Tradinglifestyle

7 EXCELLENT DAY TRADING BLOGS YOU SHOULD READ 

You've probably noticed that Day Trading is getting bigger and bigger in recent years, with a growth rate that remains constant.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 other 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 trading.

2. FINDING NEWS

Some bloggers focus purely on news. Therefore, if you find a good blog, you will be at a better position to get the latest news and information. You can then apply these news events to your trading.

Usually it's not convenient to rely on only one source anyway, but compose your own feed with 3/4 quality sources to always have proof (and avoid untruthful leaks).

3. TRADING IDEAS

Another reason why reading blogs make sense is that it can help you find new ideas. Some bloggers focus on analyzing assets and then writing about them. Therefore, as a trader, you will likely get fresh ideas that will complement your trading strategy.

4. FIND A NEW COMMUNITY

Most blogs have a comment section where people comment on 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.