Best Free Resources to Start Your Day Trading Journey
Want to learn day trading without spending thousands on courses? Here’s your ultimate list of free, high-quality resources to build a profitable foundation.
📚 Free Learning Platforms
1. YouTube (Best Free Trading Education)
Humbled Trader – Great for beginners (psychology, strategy breakdowns).
HedgeFundTips – Advanced price action & order flow.
TraderTV Live – Real-time trading commentary.
Humbled Trader’s Free Day Trading Course – Full beginner guide.
2. Free Online Courses
Investopedia’s Stock Trading Course – Basics to advanced concepts.
Babypips (Forex but applicable) School of Pipsology – Core trading principles.
TD Ameritrade’s Free Trading Courses – Stocks, options, technical analysis.
📈 Free Charting & Analysis Tools
1. TradingView (Best Free Charts)
Free plan lets you use advanced indicators (RSI, MACD, VWAP).
Public chat rooms to see other traders’ ideas.
Link to TradingView
2. ThinkorSwim (TD Ameritrade’s Platform)
Free paper trading (simulated money).
Advanced scanners & indicators.
Download Here
3. Finviz (Stock Screener)
Free stock scanner (filter by volume, volatility, patterns).
Finviz Elite Free Trial (7-day trial for advanced features).
📱 Free Trading Simulators (Practice Risk-Free)
1. Webull Paper Trading
$1M virtual money, real-time data.
Webull Simulator
2. ThinkorSwim PaperMoney
Most realistic simulator for stocks & options.
How to Set Up
3. TradingView’s Replay Mode
Practice historical trades like live markets.
4. Must-Read Free Books & PDFs
"Trading in the Zone" (Mark Douglas) PDF Available Online – Mindset is everything.
"Market Wizards" (Jack Schwager) Free Summary – Learn from the best traders.
"The Daily Trading Coach" (Brett Steenbarger) Free Chapters – Self-improvement for traders.
5. Free Trading Communities (Learn from Others)
Reddit – r/Daytrading (Beginner discussions)
Discord – Day Trading Chat Groups (Find free groups)
Twitter – Follow traders like @Trader_Dante, @RolandWolfWolf
🚀 Next Steps: Your Action Plan
1️⃣ Watch 1-2 hours of trading videos daily (start with Humbled Trader).
2️⃣ Open a free TradingView account and study charts.
3️⃣ Practice on a simulator for 1-2 months before using real money.
4️⃣ Join a free trading community to ask questions.💡 Pro Tip:
Don’t jump into live trading too soon! Most beginners lose money because they skip the learning phase. Master the basics first.
6.Recommended Books/Ebooks
1.How to Day Trade for a living by Andrew Aziz.
A practical and beginner-friendly guide by a professional trader. This book covers trading psychology, strategies, risk management, and real examples — a must-read for anyone getting serious about day trading.
-Kindle Ebook:Advanced Techniques in Day Trading: A Practical Guide to High Probability Strategies and Methods – Andrew Aziz
-Hardcover:Advanced Techniques in Day Trading: A Practical Guide to High Probability Strategies and Methods – Andrew Aziz
A deeper dive into advanced trading strategies, risk control, and high-probability setups. Designed for traders who already know the basics and want to elevate their game with structured techniques and real-market applications.
2.How to Day Trade:The Plain Truth by Ross Cameron-Founder of Warriot Trading.
Ross Cameron is an American stocks Day Trader who turned $583 into over $10 Million in day trading profits. While his results are not typical, he has become well known in the trading community for histransparency about both gains and losses.