A key resource for day traders is investing in a fast newsfeed like Benzinga Pro. Newsfeeds help traders with finding fast, real-time news to find volatility and trading opportunities. Benzinga Pro helps traders around the world get access to quick news, real-time alerts, and so much more. Benzinga Pro helps day traders with tools like:
- Real-Time Newsfeed
- Details tool
- Calendar Suite
- Movers tool (Find big gainers and losers)
- Signals tool
- Screener (Beta)
- Audio Squawk
- Scanner (Beta)
Because you might need to maintain a margin account, monitor price movement, etc., it’s important to remember that all these tools can be rolled out in your own time without confusing the situation. You can even deploy these tools while you’re paper trading. Keep reading to learn more about how to use each tool in Benzinga Pro.
The Newsfeed is the core of Benzinga Pro—and it’s fully customizable so you can tailor it to your trading strategy. You can also create multiple different Newsfeeds for different needs.
You can filter the Newsfeed by the following sources
- Benzinga Signals (Automated alerts highlighting extreme price volatility and trading halts)
- Benzinga Wire (Real-time actionable news)
- Jiji Press (From the Jiji Press Feed in English)
- Partner Links (Syndicated links from our partners)
- Press Releases
- SEC Filings
You can also color-code sources to easily find them in your newsfeed
You can filter the newsfeed with 28 categories, including:
- Analyst Ratings
- Why Is It Moving?
You can also color-code categories for your newsfeed.
You can choose from 11 sector categories to filter the newsfeed. You can further filter the newsfeed from industry groups within each sector.
Sector categories include:
- Basic Materials
- Consumer Cyclical
- Financial Services
- Real Estate
- Consumer Defensive
- Communication Services
You can also set up your Newsfeed to only show news related to the lists you’ve created (more on this tool later!).
The Newsfeed tool also allows you to set up desktop notifications so you never miss out on the news—even if you are on a different tab in your browser.
The Details tool gives you everything you need to know about a specific ticker. In the Details tool, you can:
- Notice of any conference calls and earnings announcements
- Charts from TradingView
- Financials and Key Data
- Dedicated Newsfeed
The Details tool is your one-stop to access the information you need to know about a specific ticker.
The Calendar tool is a way for you to quickly see different categories organized by date. Our most popular calendar is our Earnings Calendar, but you can also you Calendar categories including:
- Analyst Ratings
- Conference Calls
- Mergers & Acquisitions
- Retail Sales
- SEC Filings
- Secondary Offerings
You can filter the Calendar suite by the date range you want and can filter the results with your watchlists.
As with many of the Benzinga Pro tools, you can always edit the columns and filters you see in the results.
Watchlists give you the power to keep your eyes on stocks you might be interested in, or have a position in.
You can make as many lists as you’d like in Benzinga Pro. Many Benzinga Pro users like to make a dedicated list for different sectors you’re watching or create a daily list for their pending trades. You can rename each individual list accordingly. In addition to creating lists you can easily monitor, you can also:
- Configure the columns to choose which filters you want to see
- Set up alerts for each list
- Download each list to a CSV
You can filter the Movers tool by several filters, including:
- Gainers, losers, or both
- Session: PreMarket, Regular, or After Hours
- Period: 15 minutes, 30 minutes, 1 hour, session, 1 week, 1 month, 3 months, 6 months, 1 year, year to date. Or, you can customize the time period.
- Market Cap (Choose from a sliding scale or customize)
- Price (Choose from a sliding scale or customize)
You can also choose if you would like it to freeze the results or refresh every minute. Once you choose your filters, you can click the blue bar at the top to collapse the filters so you can view more results on your screen without scrolling.
Moreover, you can choose to customize the columns to see what filters you want to display.
The Movers tool is perfect for anyone looking to find those big movers to capture opportunities and make a profit, especially when stock trades that happen after hours might change your perception of an asset.
The Benzinga Pro Signals tool alerts you to price or volume related events during a trading session. When a new Signal is added in real-time, it will appear in the Signals tool. As a stock trader, you can leverage signals to day trade stocks more effectively.
Additionally, signals from Benzinga Pro supplement information coming from your trading platform, meaning that you have multiple information sources and are not solely reliant on your brokerage account.
Select what Signals you want to see include:
- Price Spike
- Options Activity (Note: Options Activity is an additional fee)
- Block Trade
- Opening Gaps
- Session, Day and/or 52 Week Highs
- Session, Day, and/or 52 Week Lows
Further, refine your Signals feed by choosing from the following filters:
- Shares Outstanding
- Share Float
- Price/Earnings Ratio
- Dividend Yield
- Market Cap
- Price (Previous Close)
- Change %
- Average Volume (14 Day)
Fully customize your notifications by choosing from desktop, sound, and/or synthesized voice notifications.
One of Benzinga Pro’s most popular features is our Squawk—and for good reason! Our audio Squawk runs from 6 a.m. to 6 p.m. Eastern time. The Benzinga Pro newsdesk team will read out key headlines and news that you should know out loud.
Whether you’re in a different browser tab, want to save screen space, or you just want to hear key news out loud, Squawk is a trader favorite.
The Chat tool is the heart of the Benzinga Pro community. Our #general chat is your spot for all things trading. You can chat with other traders about news, reaction to the markets, trades you’ve made, and more. Our #politics chat is focused around political news and discussion.
Benzinga Pro’s Screener tool allows you to screen for stocks using over 50 filters. You can sort by basic, fundamental and technical filters, or choose to view all filters and choose the ones that fit your trading strategy the best.
All of your security trades will be impacted by indicators you uncover, but you must gauge your risk tolerance against the analysis you see. Your investing strategy is one part of the puzzle, but filters can help you narrow down the research process.
Popular filters for screeners include:
- Simple Moving Averages
- Float and % Float
- Relative Strength Index
- Average Volume
- And so many more.
If you want to further customize the Screener, you can sort the results by overview, valuation, trend-following, or last candle. Select the column tool on the right to add or remove any columns.
Other features of the Benzinga Pro Screener include:
- Exporting to CSV
- Sort candle interval by one minute, day or week
- Choose a refresh rate or keep the results static
10. Scanner (Beta)
One of Benzinga Pro’s most requested tools, Scanner is the newest tool in the platform. Scanner helps you find stocks moving in real-time, and you can choose from presets based on winnings strategies, or choose your own filters to fit your unique strategy.
- Overall Gainers on Wall Street
- 5 Minute Movers
- Mid-Cap Movers from Open
- Real-Time After Hours Gainers
- Large-Cap Gainers, Many Columns
Benzinga Pro offers two levels of membership: Basic and Essential. Each membership guarantees you access to Benzinga Pro, but the tools to track price movement vary.
|Basic Subscription||Essential Subscription|
|List Alerts||Everything in basic, plus:|
|Details Tool with Key Data||NASDAQ Basic Real-Time Quotes|
|Newsfeed||Full Newsfeed Access|
|Signals (Options Additional Fee)|
You can purchase either membership for monthly, quarterly and annual renewal.
|Annual||—||$117/Month, Paid Annually|
When looking for a tool for day trading, it’s important to have something that fits all of the needs of a day trader like you. Benzinga Pro offers plenty of tools for stock trading and is highly customizable so you can tailor it to your day trading strategy.
To see how you can use Benzinga Pro for day trading, start your free, two-week trial.
Sign up for Benzinga Pro’s “How to Trade with Benzinga Pro” educational course for free by clicking here.
Disclaimer: Benzinga is a news organization and does not provide financial advice and does not issue stock recommendations or offers to buy stock or sell any security. Benzinga Pro is for informational purposes and should not be viewed as recommendations. Benzinga Pro will never tell you whether to buy or sell a stock. It will only inform your trading decisions.You can find our full disclaimer located here.