Best Recommended Tools and
Platforms for Your Trading Career

Simulator & Trading Platforms

setup

Trading Terminal Simulator

trading terminal logo

Trading Terminal Simulator offers a risk-free environment for practicing financial trading. With a virtual platform, users can execute orders, analyze market trends, and refine strategies in real-time. Ideal for both beginners and experienced traders, it provides a safe space to hone skills before entering live markets.

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DAS Trader Pro

DAS logo

Your online trading platform is the computer software program that you use to place orders at the exchanges. The majority of our traders use DAS Trader Pro as their platform. We consider it one of the best available platforms. We provide support in helping you get set up with the DAS Trader Pro platform.

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ibkr

Brokers

Interactive Brokers

Award winning platform & services.

ibkr

Excellent Low-Cost Broker for Traders in the U.S., Canada, the U.K. and Many Other Countries. Delivers Powerful SmartRoutingSM of Your Orders.

Mondeum

Low price and powerful order fills designed for retail traders

mondeum

Mondeum Capital specializes in providing active traders access to the US equities markets at an extremely low price and powerful order fills.

Capital Markets Elite Group (CMEG)

Broker for traders with less than $25,000.

mondeum

Traders with less than $25,000 may use CMEG as an excellent broker with 6:1 margin for day trading.

Capital Markets Elite Group (Trinidad and Tobago) Limited does not accept accounts for any “U.S. Persons” that it believes have been “solicited” by Capital Markets Elite Group (Trinidad and Tobago) Limited within the meaning of Rule 15a-6 of the U.S. Securities and Exchange Commission. Not intended for U.S. Persons.

Software Tools

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A free platform for every type of trader to analyze stocks, ETFs, futures and crypto.

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Trade Ideas software helps traders find the best setups in the market right now.

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tt

Helping traders find an edge in the market with specialized order flow visualizations.

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tt

TraderVue is powerful journaling software that allows traders to import their trades.

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Trading Tools

Community Setups

For some great examples of trading setups, check out our YouTube series,YouTube series, “Come Into My Trading Room”, where our members share their day trading setups. Or check out our Forum here, where members have posted pictures and details of their setups!

Frequently Asked Questions

Successful day trading requires essential technology tools, including a real-time trading simulator, a reliable trading platform, a reputable broker, a stock scanner, and effective journaling tools. These tools collectively contribute to informed decision-making and efficient trade execution.

We recommend DAS Trader Pro as our preferred trading platform. This direct access software offers a variety of features and advantages, including real-time market data, customizable charts, hotkey functionality for rapid order execution, Level II quotes for in-depth market insights, and a user-friendly interface designed for active traders. These features contribute to a seamless and efficient trading experience.

No, it is not mandatory to use DAS Trader to join BBT. BBT members are free to choose the trading platform they prefer. However, it's important to note that our education focuses on DAS Trader, and we provide limited support for other platforms. We have a close collaboration with DAS to enhance the software based on our needs as active traders. Additionally, the BBT community has developed features like the Fixed Risk hotkey for DAS, enabling traders to execute trades with a fixed dollar or percentage risk on each trade.

No, it is not necessary to have a funded brokerage account to join and learn from BBT. In fact, during the learning phase, it is advisable not to risk your hard-earned capital. Our education model guides you through simulated trading initially, allowing you to learn and practice without the financial risk.

For the computer, it's important to check the hardware requirements of the trading platform you plan to use. For example, DAS Trader Pro's requirements don't demand a high-end computer. Many traders find gaming computers, while powerful, to be over-specified for trading. As for monitors, it depends on a trader's skills and experience. Once you're certain about day trading, we highly recommend having four monitors. This setup allows you to monitor price action on multiple charts, keep an eye on scanners, and stay connected with our chatroom.