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What is the best stock screening website, or collection of websites/apps to help pick stocks and stay afloat of news?
Cost is very relevant. If you have to pay 15 or 30 dollars per month for each of many websites, you'll eat up whatever extra % gain you get from using them to inform your picks, unless you dedicate a huge amount of money for this type of investing.
There are only 3 public newsletters that I think gives you a genuine alpha over the 75th percentile trader.
Do they sound unreasonably dense and hard to parse? Yes, they are meant to be. You don't get an alpha by doing easy things.
Otherwise, the best way to be a stock trader is to become a rich person's golf buddy, and hope you overhear some stuff between drives.
The problem is that the 75th percentile day trader still loses money, if not absolutely then certainly compared to the market as a whole, and likely at higher risk. You have to be like a 98th percentile to make money.
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