In this TC2000 review we will go over all the features of this platform. Charts, scans, alerts, simulators, and indicators… if I’m speaking your language, then you’ll love what we have to tell you. One of the odd things about trading stocks is that when one person buys, another sells, and both think they are smarter than the other. But one of them comes to a better conclusion and is a winner.
Many times, it’s the one with the better resources and tools at their disposal who has the edge. TC2000 may be the tool that gives you that edge. We’ll review, and you be the judge.
What would make the difference as to who wins and who loses? Who is more right than wrong? Let’s assume they are both equally smart and they are both knowledgeable chartists.
Unless you are already a user of TC2000, you may not have heard of Worden Brothers, Inc., a software company founded in 1988.
On the other hand, if you’ve been trading for as long as they’ve been around you may have come across one of their creations, the TeleChart. And if you connect the dots… well, the TC in TC2000 stands for TeleChart.
Worden Brothers’ TeleChart evolved into the TC2000 platform, known today as one of the best stock analysis programs. Worden Brothers, Inc. also offers brokerage services via TC2000 Brokerage, Inc.
Note however that the TC2000 software company is separate from the securities broker entity. In other words, one could use the TC2000 software without having an account with TC2000 Brokerage, Inc. Make sure you learn stock trading before using TC2000.
According to Worden, TC2000 was voted by the readers of Stocks and Commodities Magazine as the best stock software…for 26 years in a row so far!
Fundamentally, TC2000 is a technical analysis computer software for traders/investors. Note that the software is designed for Windows.
Of course, Mac users could operate it by using Parallels Desktop, an application for running Windows on Mac. Alternatively, Worden also provides a free web-based technical analysis platform at FreeStockCharts.com.
Of course, a browser-based application will work on any operating system if you have an internet connection and the right browser. Apparently, it only works with Internet Explorer.
It looks like Worden is migrating their web-based free charting into the TC2000 software. Our service is big into technical analysis hence this TC2000 review.
As you would expect from software that has been evolving for over 30 years, TC2000 has all the necessary bells and whistles for you to be pleased as a pig in mud.
Note: this is mainly if you are (or intend to be) the chartist kind of trader. There is a huge emphasis on charting with TC2000. T
hat’s a good thing because technical analysis does involve a lot of charts. As a matter of fact, in terms of quality graphics, it rivals the ThinkorSwim software from TD Ameritrade, a well-liked program for its indicators and drawings.
TC2000 is visually superior to most other software because of its smart scaling feature. But what you may appreciate the most are Don Worden’s proprietary indicators.
Specifically, the MoneyStream®, Time Segmented Volume® and Balance of Power®. Successful traders using TC2000 would likely cite those indicators as the primary reason they wouldn’t give up the software.
Let’s take a look at the features promoted by Worden in this TC2000 review. Keep in mind that those varies based on the plan you’d subscribed to. Take our free stock trading course.
Determine trends in prices and make trading decisions based on statistics using:
Have a roaster of securities under your watchful eye using:
Worden’s own proprietary servers’ scans offer great speeds and possibilities. Narrow your selection of preferred stocks until you have the few stocks that are the best for you.
TC2000 provides the standard features to get your attention when your criteria are met.
Great for planning, and even journaling your trades.
To give you an idea of the advanced features you get with this tier, I will just list the added features of the Platinum package taken directly from the TC2000 brokerage website:
Some of the features that stand out are:
TC2000 supports stocks/ETFs and options. If you are into Forex, futures, or crypto, this software is not for you. TC2000 doesn’t have backtesting capabilities.
If you prefer a web-based trading platform, you’d probably go for TradingView instead because browser-based charting is their niche.
TC2000 has a lot of features geared toward day traders. Over the years I’ve seen many trading chat room leaders and moderators operating from the TC2000 software.
There is no doubt that someone with multiple monitors would like the highly customizable layout with floating windows. If you’re a chartist and technical analysis is your focus, TC2000 is made for you (watch us do trading live each day in our trading rooms).
To make money in the markets, you’ll need to start with a minimum of resources. Money to invest, a brokerage account, a trading platform and some know-how (we hope).
TC2000 paper accounts to practice trading are perfect for the beginners who still must learn what works and what doesn’t for them.
Their trading platform is among the best in the industry. Since the sister company to TC2000 software is a broker, you’d have that covered when you ready to trade with real money.
Regardless of the trading platform and broker you use, one thing you can’t neglect is acquiring the knowledge to navigate the markets.
Learning day trading is so relevant in times of volatility in the stock market because, as a day trader, you learn to go with the flow so to speak.
Up or down, you don’t care, you can make money both ways and be sitting on your cash at the end of the day.
When the bears come out of hibernation some investors match their sleeping pattern…they go into sleepless nights mode worrying about their investments (read about the different types of stocks).
Like my investor friend said to me lately, “the market may be bad, but I sleep like a baby.” And I said “really?” He said, “Yes, I wake up every hour crying.”
That’s the difference with day trading. You can sleep well knowing that you are not at the mercy of the market during a volatile time.
On the contrary, these are the perfect times for a dedicated and knowledgeable trader to make money. Lots of money for some. A lot more for those who are trained and prepared.
Hey, we all know that money can’t buy happiness. But neither can poverty or hunger. So, get started today on the path of being a profitable trader by learning from a community that has your best interests at heart like Bullish Bears.
At Bullish Bears you will learn to navigate the sometimes-murky waters of the stock market with confidence and without the stress and worries of those that are going at it blindly.
Even if you had a bad start somewhere else (I sure did but that is a story for another day), it’s not too late to get back on track, the right track with the Bullish Bears online courses. Thanks for reading our TC2000 review!