Discord Servers are platforms or communities where people (in our case traders) meet to share ideas, and technical analysis among others.
They are mostly exclusive and what that means that you can only join them on an invite-only basis. To ensure you get the best; we have reviewed a few discord channels that we believe are among the top ones available out there.
Some are devoted exclusively to day trading, whereas others focus on cryptocurrency and forex in general.
The ones we are about to review are probably the best day trading discord servers currently. Take a look!
Top 6 Day Trading Discord Channels in 2023
1. Bear Bull Traders
Bear Bull Traders is probably the most popular discord for day trading today. That’s because it is designed to take care of the needs of beginners as well as novices.
What’s more, the channel recently introduced a chat room that is slated to improve the level of interaction among day traders.
This chat room is in addition to the chat rooms already present for swing trading and short trading.
Aziz, the founder of this tool along with his team stream their trades live, providing members with an opportunity to learn valuable investing lessons from watching experts in the field.
The moderators ensure chat rooms are equipped with the latest knowledge by assigning experts to moderate frequently. This gives beginner-level traders a chance to speak with more experienced investors without being bombarded by jargon they may not understand.
This service creates curated watchlists every day to assist users in identifying stocks, trades, and learning how to spot trends, form an entry or exit strategy.
As we have already mentioned, this service is led by Andrew Aziz, who is a best-selling author of the same topic. Ultimately, it is a great option for those looking to learn something new every day.
2. Black Box Stocks
If you’re looking for a channel that provides live trade updates, education, and collaboration, Black Box Stocks (BBS) might be worth checking out.
Along with the exclusive channel, you enjoy access to the official BBS Twitter Group and high-tech scanners.
What’s more, the BBS channel provides you with rare access to their momentum stock screener – which, in our view, is among the best ones out there.
And that’s not all, the channel provides education through its discord server and currently hosts a wide variety of tutorials on various day trading topics.
Indeed, using the tools provided for you on this platform, you can pretty much keep up with the market pulse in real-time.
The best part is that this channel is easy to join. You only need to locate the link to the day trading discord server, open the right pane of your Black Box Stocks account, and you will see a request button on the right-hand side of your screen.
If you are a new trader, you will be required to enter your details on that page so you can gain access to the server.
After joining the Discord trading community, you have access to information regarding day trades, live streaming voices related to day and swing trading, stock alerts, and chat groups.
Depending on your abilities, you can join communities and chat groups that will benefit you during your day trades the most. This Discord trading community has the friendliest environment in chat groups and live streams.
Note that, the day trading discord channel offers a top 10 list of stocks that its members can watch. There is also an options activity scanner that allows members to locate unusual options activity, sweeps, block trades, and dark pool trades.
Members also have access to live webinars, detailed technical analysis, trade alerts, and other tools that could be useful in their investing journey.
3. Earn 2 Trade
Earn2Trade.com is known for offering funded accounts and the fact that it trades on the Chicago Board of Options Exchange (CBOE) among other top exchanges in the world.
Earn2Trade's trading system provides a risk-free way for traders to make money because they can afford to risk without losing their capital. Traders receive real-time market updates and can trade with account deposits as low as $1000.
As you can imagine, this service is an excellent solution for both novice traders and experienced professionals who want to try their hand in making money online trading FX futures and CFDs.
What’s more, from July 2021 Earn2Trade launched a discord server for day traders. This is meant to provide a learning and interaction platform thereby facilitating interpersonal trading.
The idea is to build a community of long-term traders to help set up their future trading while exploring key points in the market such as price action and learning with other traders.
The Earn2Trade community offers traders a place to share and learn from one another. The trading server is especially useful for those in the futures market, and includes opportunities for members to interact with their peers in real time.
The server has an excellent track record of success, increasing the likelihood of desired outcomes.
4. Boiler Room Trading
Boiler Room Trading was started by Connor Pollifrone, a young trader in his twenties, who had a vision to change the online trading community.
Backed by its solid day trading information and forum section, Boiler Room Trading has grown rapidly over the last five years.
With over 55,000 members under its belt, investors have a place where they discuss their trading strategies, read about hot stocks and exchange live streaming videos of trading activity.
Within this day trading discord, cryptocurrency, penny stocks and other securities are often discussed.
That said, it is important to do your due diligence before you make investments based on what you read in this discord community. In addition to the usual risks of trading stocks, there is an element of risk to this particular platform.
Other than that, this is an impressive platform to make new friends and learn new tricks.
5. Dumb Money
Started by friends Chris Camillo, Jordan Mclain, and Dave Hanson, the channel has become a popular online community for day traders.
To show that individual investors can benefit from using swing trading tools even if they have a small capital, the channel was founded.
With over 45,000 members who are interested in day trading, the server is managed by an experienced team of traders who know how to help their members utilize available tools.
The Discord server has a wealth of financial and technical information about virtually all the key companies trading on major exchanges. So, if you’re looking for a platform that goes beyond the usual stuff published in financial statements, you’ve got to sample what Dumb Money has to offer.
No doubt, this Discord server offers excellent resources for learning about almost every factor that could affect a company's market or trading platform.
6. Wall Street Bets
Founded in 2020, Wallstreetbets is a popular Reddit stock market community that has brought together otherwise unaffiliated individual traders, who share posts and comments about their investment strategies—some of which have been remarkably successful.
Over 600,000 members make WallstreetBets one of the most popular trading discord chats for investors looking to share quick tips on investing, new stock alerts, and trade alerts from the day’s top stocks.
Whether you are someone looking for a community to add value to your Reddit account or a trader looking for many likeminded people to share your trading journey with, WallstreetBets is a safe bet as it has fun-loving traders who are always ready to help.
The trading discord has a large community that tends to be very active during the day, and you can ask an expert trader to answer your questions.
It's important to remember that you need some basic knowledge of day trading in order to make the most of this community. That said, this is not the best place for complete beginners to learn about swing trading.
When you engage in trading stocks, you should understand that the type of stocks discussed in these communities may change from time to time and comply with the movement of the stock market.
Since discord is a community for traders (like any other), you should check the community periodically for potential scams or misrepresentations by other people posting trades.
Most discord servers do not require a subscription to join. You can choose to pay for premium services within some of these servers, which may grant you access to further information and collaboration during regular trading hours.
However, you should exercise caution when using Discord channels. There is an overwhelming amount of information about trading out there, and it can be difficult to know what is credible and what isn't.
With this article at your disposal however, you should have an easier time picking a discord channel that you feel will suit you best.
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