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BENZINGA PRO REVIEW

Candlesticks E-Book

In this Benzinga Pro Review we will discuss the many ways we use their service to make more informed trades day after day, month after month. Here at the Bullish Bears we believe that active traders, swing traders, and investors need access to news and  information in an organized and timely manner to be consistently profitable. This goes for the accuracy of our charts, and our news and market data.

Benzinga Pro does just that! We would not want to trade without it! With Benzinga Pro you get Full news-feed access along with options alerts, price/volume movers, rumors, analyst ratings, floor trader commentary, proprietary trading ideas, Benzinga analyst ratings, economic calendars, audio news feed, sentiment indicators,  and even chat with the Benzinga news desk!

In this Benzinga Pro Review you’ll also get a free trial. We also have a 25% discount code for you which is case sensitive “SMARTER” 

BENZINGA PRO REVIEW – WHAT’S UNDER THE HOOD?

When you are look at purchasing a vehicle, you might ask yourself, what’s under the hood? What kind of engine is powering this vehicle? Similarly,  you are probably asking yourself what’s powering Benzinga Pro’s service?. Well, for starters Benzinga Pro is a media outlet that focuses on the trader. So everything it does is focused on helping you! It does this using powerful frameworks called React and Redux.

These are codes that are on the top of JavaScript. React was a framework originally developed by Facebook to create extremely easy to adjust interface.  What does that mean? It means you are getting access to Benzinga via web browser on ANY device, and are getting a very RSS feed type experience or software like experience. The Benzinga news feed updates in real time, without you needing to constantly “refresh” your browser to view the latest news or alerts. This framework is why Benzinga Pro is a lightening fast news feed service that is enjoyed traders, research institutions and asset managers.

BENZINGA PRO REVIEW – PICK YOUR FLAVOR

If you have been trading awhile you know that news moves markets. All types of news.  Learning the patterns that are created when news hits is key for traders and investors to make the best of an opportunity. Benzinga gets the new to you before the rest of the herd. Both in visual and audio format. Once you open it up, you’ll be greeted with the welcome screen that lets you pick your strategy:

Benzinga Pro Review

If you’d like to trial Benzinga Pro – you can do so here. We also have a 25% discount code for you which is case sensitive “SMARTER” 

BENZINGA PRO REVIEW – NEWS FEED

The most popular feature is the news feed. This is where you can tailor your criteria by source or where news comes from. Category or what particular section of the market do you want to look at. Commodities? Forex? FDA? Futures? Maybe Tech? You name it, there is a category for it. You can also filter the entire news feed built around your custom watch list built in Benzinga Pro.  Once you get your news feed setup you’ll get a scrolling feed of tickers based on the criteria you selected.

If the symbols are green, the stock is up for the day, if its red, its down for the day. Pretty self explanatory. What is really cool is if you hover over the ticker it will tell you its daily change but also the “change since publish”, showing how much the stock has reacted since news hit.

BENZINGA PRO REVIEW – BENZINGA PRO SQUAWK

Sometimes traders are in inundated with multiple tasks at any one time. This could be juggling things like reading a chat room log, watching several stock charts, and watching a scanner.  The good news, there is a feature in Benzinga Pro called Benzinga Pro Squawk that reads breaking stock market news in real time! “Charlie” reads different types of breaking news, block trades, economic news alerts, with results, extreme volume, halts, and much more.

All of these types of audible news alerts are market moving and well worth paying attention to if you are a trader looking for a reaction, and want to keep your hands and eyes free, and utilize your sense of sound!

If you’d like to trial Benzinga Pro – you can do so here. We also have a 25% discount code for you which is case sensitive “SMARTER” 

BENZINGA PRO REVIEW – THE CHAT ROOM

We run a growing chat room that focuses on technical day, swing and futures trading, but we think it is really cool that Benzinga now offers a chatroom within its product for traders to use. The News desk moderators are highly interactive with the chat room members, and will often answer questions and just chat with traders. We think this is a great addition to the product. You can share ideas, which hyperlink the symbol, and allow you to click right on the chart and pull it up, along with all of the news associated with the ticker. Check out the picture below that demonstrates this very well:

BENZINGA PRO REVIEW – A UNIQUE SCREENER TOOL

Up next we look at the Benzinga Pro Screener. We can scan for particular stocks in a sector, or just leave it blank to scan them all. It’s also great that we can look at  multiple different time frames. If you’re long bias, sort by gainers, short bias, sort by losers. We like that you can quickly sort by price range, and then organize by volume. For example, when looking for stocks to trade intra-day, we will look at the 15 minute scanner setting, and scan for stocks between $5 and $20. Next we’ll sort by volume, and look at the top volume stocks. Next, double click on the symbols to pull up a quote and glance at the chart.

BENZINGA PRO REVIEW – ALERTS!

Benzinga pro also has another pretty neat function. If you want sound alerts for specific types of breaking news, you can head over to their alert page and custom tune the alert page to your liking. You will also get an email notifying you of the alert. So if you’re a biotech trader and are waiting for FDA news, set your sounds and email alerts and always be ready when breaking FDA news hits!

If you’d like to trial Benzinga Pro – you can do so here. We also have a 25% discount code for you which is case sensitive “SMARTER” 

Benzinga Pro Review

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