If you are a trader who wants to find the best stocks to trade, you might have heard of Trade Ideas. Trade Ideas is a powerful Stock scanning and analysis platform that can help you with finding trade opportunities, testing your strategies, and improving your skills.

But, Trade Ideas is not a one-size-fits-all solution. It offers two subscription plans: Standard and Premium. Each plan has different features and benefits, depending on your needs, goals, and budget.

So, how do you decide which plan is right for you? In this blog post, I will compare the features and benefits of the Standard and Premium plans and help you make an informed decision. Also at the end of this blog post, I will share with you how you can get a free trial or a discount code for Trade Ideas.

What are the features of the Trade Ideas Standard Plan?

The Standard Plan is the basic subscription plan that Trade Ideas offers. It costs $118 per month or $999 annually, saving you $400. If you use the Promo code NANO15, you can save an additional 15% on your subscription, which means you only pay $100.3 for a monthly subscription or $849.15 for an annual subscription. This is a great deal for getting access to the features of the Standard Plan. The Standard Plan gives you access to the following features:

• Full Access to TI Web: TI Web is the web-based version of Trade Ideas that allows you to access the platform from any device and browser. You can customize your layout, create your own alerts and scans, and view charts and data from multiple sources. For example, you can use TI Web to access real-time market data, historical data, news, social media, and more. You can also save your settings and preferences on the cloud and sync them across different devices.

• Chart Based Trading – Sim & Live: You can trade directly from the charts using Trade Ideas’ integrated broker partners or use the simulated trading feature to practice your trading skills without risking real money. You can also view your performance statistics and track your progress. For example, you can use chart based trading to execute orders with one click, set stop-loss and take-profit levels, and monitor your positions and P&L. You can also use simulated trading to experiment with different strategies, markets, and time frames.
  
• Alert Windows: You can create and view multiple alert windows that show you the most relevant and actionable trade ideas based on your criteria and preferences. You can filter, sort, and rank the alerts by various metrics such as price, volume, volatility, risk-reward ratio, etc. For example, you can use alert windows to find stocks that are breaking out, trending, reversing, or consolidating. You can also use alert windows to find stocks that match your trading style, such as momentum, swing, or value.
  
• Price Alerts: You can set up price alerts for any symbol or indicator that you want to monitor. You will receive notifications via email, text message, or audio when the price reaches your specified level. For example, you can use price alerts to keep track of your watchlist, entry points, exit points, or support and resistance levels. You can also use price alerts to get notified of market events, such as earnings reports, dividends, splits, or news.
  
• Real-Time Stock Racing: You can visualize the momentum and strength of different stocks using the stock racing feature. You can see which stocks are moving up or down in real-time and compare them with each other or with a benchmark index. For example, you can use stock racing to identify the leaders and laggards of a sector, industry, or market cap. You can also use stock racing to spot opportunities for arbitrage, pairs trading, or hedging.
  
• Simulated Trading: You can test your trading strategies and skills using the simulated trading feature. You can trade with virtual money in a realistic market environment and see how you would perform in real life. You can also review your trades and learn from your mistakes. For example, you can use simulated trading to practice risk management, discipline, and emotional control. You can also use simulated trading to backtest your strategies and optimize your parameters.
  
• Create custom script formulas: You can create your own custom indicators and scans using Trade Ideas’ proprietary scripting language called Trade Ideas Formula Language (TIFL). You can use TIFL to define complex logic and calculations that are not available in the standard platform. For example, you can use TIFL to create indicators that combine multiple data sources, such as price action, volume profile, sentiment analysis, etc. You can also use TIFL to create scans that filter stocks based on custom criteria, such as relative strength index (RSI), moving average convergence divergence (MACD), etc.
  
• Visualize momentum with Stock Races: You can use the stock races feature to see which stocks are gaining or losing momentum in real-time. You can choose from different categories such as sectors, industries, market caps, etc. and watch the stocks race against each other on a dynamic chart. For example, you can use stock races to discover emerging trends, patterns, or anomalies in the market. You can also use stock races to compare the performance of different portfolios or strategies.

What are the features of the Trade Ideas Premium Plan?

The Premium Plan is the advanced subscription plan that Trade Ideas offers. It costs $167 per month or $1999 annually, saving you $737. With the Promo code NANO15, you can enjoy an extra 15% off on the Premium Plan, which lowers your cost to $193.8 per month or $1699.15 annually.  The Premium Plan includes all the features of the Standard Plan plus:

• A.I. Powered Trade Signals: You can access Trade Ideas’ artificial intelligence engine called Holly that analyzes millions of data points and generates high-probability trade signals every day. Holly uses machine learning and genetic algorithms to optimize its performance and adapt to changing market conditions. You can choose from different versions of Holly that have different risk profiles and trading styles. For example, you can use Holly Grail to find long-term trend-following trades, Holly 2.0 to find short-term momentum trades, or Holly Neo to find mean-reversion trades.
  
• Risk Assessment: You can use Trade Ideas’ risk assessment feature to evaluate the potential risk and reward of any trade idea before entering it. You can see the probability of success, expected return, maximum drawdown, stop loss level, etc. for each trade idea and compare them with your own risk tolerance and goals. For example, you can use risk assessment to find trade ideas that have a high Sharpe ratio, a low beta, or a favorable risk-reward ratio.
  
• Back Testing with the OddsMaker: You can use Trade Ideas’ backtesting tool called OddsMaker to test your trading strategies and ideas on historical data. You can see how they would have performed in different market scenarios and time periods. You can also tweak your parameters and optimize your results. For example, you can use OddsMaker to test how your strategy would have performed during the 2008 financial crisis, the 2020 pandemic, or the 2023 crypto boom.
  
• Autotrade Strategies w/ Brokerage Plus: You can use Trade Ideas’ automated trading feature called Brokerage Plus to execute your trades automatically based on your predefined rules and criteria. You can connect Brokerage Plus with your preferred broker account and let it handle everything for you. You can also monitor and control your trades from the Trade Ideas platform or mobile app. For example, you can use Brokerage Plus to auto trade Holly’s signals, your own custom scans, or any third-party strategies that you subscribe to.
  
• Suggested Entry/Exit Signals: You can use Trade Ideas’ suggested entry/exit signals feature to get guidance on when to enter and exit your trades. You can see the optimal entry and exit points for each trade idea based on technical analysis and market conditions. You can also adjust the signals according to your own preferences and risk appetite. For example, you can use suggested entry/exit signals to enter a trade when the price crosses above a moving average, exit a trade when the RSI reaches overbought levels, or set a trailing stop loss based on volatility.

Which Trade Ideas Subscription plan is right for you?

The answer to this question depends on your trading goals, experience, and budget. Here are some factors to consider when choosing between the two plans:

• Your trading goals: If you are looking for a simple and easy way to find profitable trade ideas, the Standard Plan may be enough for you. You can use the alert windows, price alerts, and stock racing features to scan the market and identify the best opportunities. However, if you are looking for a more sophisticated and powerful way to enhance your trading performance, the Premium Plan may be a better option. You can use the A.I. powered trade signals, risk assessment, backtesting, and automated trading features to improve your trading skills, strategies, and results.
  
• Your trading experience: If you are a beginner or intermediate trader, the Standard Plan may be more suitable for you. You can learn the basics of trading and practice your skills using the chart based trading, simulated trading, and custom script formulas features. You can also get support and guidance from Trade Ideas’ community and educational resources. However, if you are an advanced or professional trader, the Premium Plan may be more appealing to you. You can leverage Trade Ideas’ artificial intelligence and advanced algorithms to gain an edge over the market and achieve consistent profits.
  
• Your budget: The Premium Plan is more expensive than the Standard Plan, but it also offers more value and benefits. You can save money by choosing the annual subscription option instead of the monthly option. You can also take advantage of Trade Ideas’ promotions and discounts that they offer from time to time. However, if you are on a tight budget or want to try Trade Ideas before committing to a long-term subscription, you can start with the Standard Plan and upgrade to the Premium Plan later if you want.

Conclusion

Trade Ideas is a great tool for any trader who wants to find the best trading opportunities in the stock market. It offers two subscription plans: Premium or Standard. The Premium Plan includes all the features of the Standard Plan plus some additional features that are powered by artificial intelligence and advanced algorithms. The Premium Plan is more expensive than the Standard Plan, but it also offers more value and benefits.

The choice between the two plans depends on your trading goals, experience, and budget. You can compare the features, benefits, and prices of the two plans and decide which one is right for you. I hope this blog post has helped you understand the differences between Trade Ideas’ subscription plans and make an informed decision. If you have any questions or feedback, please feel free to contact me or leave a comment below. Happy trading!