Stockwatch Pro (SWP), real time analytical stock market software, performs a technical analysis on the stocks that meet the trader’s criteria. It is not very popular so far but when it comes to delivering results there are not much of a competition out there.
Stock Watch Pro™ is a charting and data package designed for both day-traders and long-term investors. SWP includes very useful tools like the Formula Wizard, Custom Alerts Manager, and Screener.
The StockWatch Pro, a stock market software used for analysis and assessment of data for trading purposes, is manufactured and distributed by Crontech.com but apparently, the website is inaccessible since there is a requirement for username and password before you can actually go to the main site.
Based on consumer popularity, this product hasn’t really scored that much yet but its flexibility and accurate delivery of results is by far the best in the industry.
StockWatch Pro allows technical analysis of multiple securities through basic charting and a very powerful and intuitive analytical engine. This engine works behind to enable one to view pre-programmed criteria from actual data-feeds. At present, the StockWatch Pro investing software only works with the QCharts and eSignal for the data feeds but these two are more than efficient enough for the swing or day traders in the market today.
A quick inspection of the StockWatch Pro charting system will lets us conclude that is totally based on the QCharts design but not as impressively smooth. The StockWatch Pro’s user interface is not as clean as the eSignal or QCharts but that’s just a small minus in points. This is about it for the stock market software application’s glitch. SWP is best known for its being an effective and efficient analytical software and it is in that category that this stock software excels the most.
SWP features a real-time screener that is quite unique since it scans the markets for all the more profitable opportunities for the trader, all in real-time. The Formula Wizard allows the trader to specify any criteria and the screener will search for these in the market. It continuously searches and will only display the relevant data based on the criteria provided. This very much displays SWP’s intuitive nature and which makes it very much recommended too.
There is an offer to try out the SWP for free. The user has 14 days to try the stock trading software out and the package also includes free trial of the QCharts or eSIgnal from a link at the site. The demo version is very easy to use. The trader only has to key in his login information for any of the charting site he chose and he can readily use SWP.
User has to have a computer with a lot of memory space since a plethora of live data will need a place to be stashed into. Besides, the stock software application itself will eat up some memory so the machine must be ready to hold it and have it run smoothly. A 2GHz Pentium or Athion is sufficient enough. There should also be an uninterrupted Internet connection, which can allow huge amounts of data through in the fastest time possible since these data are vital to more accurate analysis.
Showing posts with label stock market software. Show all posts
Showing posts with label stock market software. Show all posts
Thursday, November 20, 2008
Thursday, November 13, 2008
QCharts Review
A stock trading software popular to investors and traders is called QCharts. QCharts is the front end for Quote.com’s streaming chart serviced named Livecharts. The program is not solely focused on charting because it incorporates into its system the recent news, real-time hot lists and trading itself. QCharts has a thirty day free trial wherein you can explore its features and learn the basics of the said program. But it will be comforting to know that if you have used similar programs in the past, you will have no trouble navigating through the program.
QChart’s charting capabilities are great and are considered to be the best in the industry. However, the data feed of Qchart has a significant lag which can be bad especially during times when high trading activities occur. But this fact should not be that big of a problem since Qchart is not the only one suffering from data lag when such activities occur. It is a good thing that there is a user support forum where you can discuss QChart problems with other users and be able to assist each other with your concerns. Solutions to data lag like changing servers which are physically closer to your place or changing to a server that has a faster ping time to your PC are some of the things discussed in the forum.
QCharts will use most of your CPU’s resources if your computer settings are not set to run the program optimally. But if you make use of the support forum, you can find tips and tricks that will solve your CPU concerns by simply changing your pc’s cache settings. But to get the most out of QCharts, users have resorted to buying high end machines capable of running several programs at the same. Keep in mind that when buying a new machine, the random access memory and its processing speed should be big enough to support all sorts of program that you may need when analyzing and trading.
Flexibility is one thing that is given by QCharts to traders since unlimited real time quotes taken from fifteen exchanges are available for searching of opportunities. This is definitely better than other programs because most will only give the trader a limit of 40 securities with a basic package and will charge additional for adding more. Also, QCharts has one of the most in-depth historical databases figuring to over 15 years of end day data and 6 years of intraday data, which will surely satisfy any back testing need of a trader.
The monthly price of QCharts is something that you have to brace yourself for. The program does not come cheap with its basic package amounting to $95 per month. This rate increases according to add-ons like other monitoring tools, expert advisories, back testing, etc. Aside from the basic plan price, you will also be charged monthly for exchange fees, so you can just imagine how these costs will balloon up per month. Yet despite this, getting QCharts for your trading needs will be worth it.
QChart’s charting capabilities are great and are considered to be the best in the industry. However, the data feed of Qchart has a significant lag which can be bad especially during times when high trading activities occur. But this fact should not be that big of a problem since Qchart is not the only one suffering from data lag when such activities occur. It is a good thing that there is a user support forum where you can discuss QChart problems with other users and be able to assist each other with your concerns. Solutions to data lag like changing servers which are physically closer to your place or changing to a server that has a faster ping time to your PC are some of the things discussed in the forum.
QCharts will use most of your CPU’s resources if your computer settings are not set to run the program optimally. But if you make use of the support forum, you can find tips and tricks that will solve your CPU concerns by simply changing your pc’s cache settings. But to get the most out of QCharts, users have resorted to buying high end machines capable of running several programs at the same. Keep in mind that when buying a new machine, the random access memory and its processing speed should be big enough to support all sorts of program that you may need when analyzing and trading.
Flexibility is one thing that is given by QCharts to traders since unlimited real time quotes taken from fifteen exchanges are available for searching of opportunities. This is definitely better than other programs because most will only give the trader a limit of 40 securities with a basic package and will charge additional for adding more. Also, QCharts has one of the most in-depth historical databases figuring to over 15 years of end day data and 6 years of intraday data, which will surely satisfy any back testing need of a trader.
The monthly price of QCharts is something that you have to brace yourself for. The program does not come cheap with its basic package amounting to $95 per month. This rate increases according to add-ons like other monitoring tools, expert advisories, back testing, etc. Aside from the basic plan price, you will also be charged monthly for exchange fees, so you can just imagine how these costs will balloon up per month. Yet despite this, getting QCharts for your trading needs will be worth it.
Wednesday, September 24, 2008
Medved Quotetracker Review
Medved Quotetracker is one stock trading software that you should not take for granted. Despite its inexpensive price, it is a software that is fully packed with features which will aid you to make the right decisions with your trading.
Quotetracker is a charting software that accepts real time data from many sources including brokers and data vendors. When your computer goes offline, most brokers do not give out backfill data, which is why you need to complement feeds from brokers with the ones from data vendors to fill in the gaps. You won’t be paying much for the services of these data vendors since they offer packages less than $20 in cost per month. These feeds from these data vendors including backfills work very well with the Quotetracker.
A distinct advantage of Quotetracker over other charting software is that it has customizable charts. You can find standard technical indicators as well as complicated ones like Twiggs Money Flow and Woodie’s pivot. The software developer Jerry Medved is known to add user-requested indicators to Quotetracker for ease of use. Quotetracker’s charts are also free floating – meaning you can drag them anywhere in the screen so you are able to see everything in its right place. In addition to this, the program is also multi-monitor friendly since it remembers the position of each individual chart so that you can start where you have left off.
Index future traders will be delighted to know that Pivot Points is included in the standard indicator list of the program. Aside from getting the daily pivots, a user can choose to get monthly and week pivot points to determine different support and resistance levels. The software also integrates trading from within. All a trader has to do is to use his broker’s login information to access the interface of the Quotetracker. Order entry and monitoring of transactions has been noted to be faster with the Quotetracker interface.
Compared to other stock trading software, Quotetracker will not use up a lot of your computer’s resources. In fact, it only takes 10 to 20 percent of your CPU’s resources even when running on a 1.8 Ghz AMD Athlon with 20 charts opened in two monitors. Because the software only uses a small part of your computer’s resources, you will be able to run an order entry platform from Interactive Broker and WinTV to monitor Bloomberg or CNBC.
On the overall, Medved Quotetracker is an exceptional charting software which integrates information from data feeds, financial sites, and brokers to provide real-time data analysis, monitoring and other processes important to trade effectively in the fluctuating market today. Functionality and price-wise, the Medved Quotetracker is the one to beat. It may be an added bonus to know that its developer, Jerry Medved, will personally tend to any problem you may face while using the software. What customer service could get better than that? That said, it would be best if you put your judgments aside and see for yourself what a great software the Quotetracker is.
Quotetracker is a charting software that accepts real time data from many sources including brokers and data vendors. When your computer goes offline, most brokers do not give out backfill data, which is why you need to complement feeds from brokers with the ones from data vendors to fill in the gaps. You won’t be paying much for the services of these data vendors since they offer packages less than $20 in cost per month. These feeds from these data vendors including backfills work very well with the Quotetracker.
A distinct advantage of Quotetracker over other charting software is that it has customizable charts. You can find standard technical indicators as well as complicated ones like Twiggs Money Flow and Woodie’s pivot. The software developer Jerry Medved is known to add user-requested indicators to Quotetracker for ease of use. Quotetracker’s charts are also free floating – meaning you can drag them anywhere in the screen so you are able to see everything in its right place. In addition to this, the program is also multi-monitor friendly since it remembers the position of each individual chart so that you can start where you have left off.
Index future traders will be delighted to know that Pivot Points is included in the standard indicator list of the program. Aside from getting the daily pivots, a user can choose to get monthly and week pivot points to determine different support and resistance levels. The software also integrates trading from within. All a trader has to do is to use his broker’s login information to access the interface of the Quotetracker. Order entry and monitoring of transactions has been noted to be faster with the Quotetracker interface.
Compared to other stock trading software, Quotetracker will not use up a lot of your computer’s resources. In fact, it only takes 10 to 20 percent of your CPU’s resources even when running on a 1.8 Ghz AMD Athlon with 20 charts opened in two monitors. Because the software only uses a small part of your computer’s resources, you will be able to run an order entry platform from Interactive Broker and WinTV to monitor Bloomberg or CNBC.
On the overall, Medved Quotetracker is an exceptional charting software which integrates information from data feeds, financial sites, and brokers to provide real-time data analysis, monitoring and other processes important to trade effectively in the fluctuating market today. Functionality and price-wise, the Medved Quotetracker is the one to beat. It may be an added bonus to know that its developer, Jerry Medved, will personally tend to any problem you may face while using the software. What customer service could get better than that? That said, it would be best if you put your judgments aside and see for yourself what a great software the Quotetracker is.
Wednesday, September 10, 2008
Gr8trade Review
Gr8trade is the proprietary stock market software platform that targets professional short-term traders. This software allows a trader to automate his trading so that he can reach his full potential as an investor.
The trading application is perfect for the day-traders as it displays data from various sources while allowing order submissions and other online exchanges. The software runs on Windows and streamlines real-time data feeds for analysis.
A trader can enjoy some benefits should he opt to use the gr8trade for trading automation.
• Under trading, gr8trade have set alerts, stops, charts, and tickers in place as well as Autotrading functions. It’s capability to scan for data is outstanding since it has the ability to adjust to sudden market surges
• Under reporting, the gr8trade has a very efficient account management capability to monitor profit and loss. A reliable and effective risk management allows one to trade with minimal losses. The InfoCenter to which the gr8trade has access to, provides a data warehouse that is functional and updated.
• Gr8trade’s software architecture is flexible enough to allow changes in market conditions. It is scalable so that trader and adjust freely as needed. Traders are allowed to add new markets, products, and other order types as the need arises. The visual interface is well defined and easy to manipulate.
Autotrading is being encouraged as this allows traders to grow past their barriers. The problem wit manual trading is, the trader often encounters difficulties in self-discipline. Many traders often get too anxious about their profits that sometimes, they grow greedy and forget about risk management totally. For some other manual traders, the great potential for loss hinders them from trading properly, too. These emotional barriers that come with manual trading can be replaced by logical reasoning with the use of a stock trading software application like the gr8trade.
Another limitation for manual trading is how slowly it can move with the fast paced business that is stock trading. Humans had to keep up with the bots making orders, but how, when these bots are amazingly and extremely faster than the human brain.
Humans can only manage to accurately handle one or two stock trading events a time while an automated trader can do multiple in a matter of seconds with just a few clicks.
Autotrading is devoid of emotions, which can affect trading. A manual trader can easily be affected by several issues in his life and may not think straight when it comes to trading decisions.
Automating can be a big help to traders since every trading is based on the rules or parameters set in place. Offloading some trading activities to a computer can leave a trader with less mental work to handle. He will then trade more wisely with the use of the trading tools.
In stock trading, 75 percent of one’s capital can cash in on 15 percent at a time. When the 15 percent opportunities knock, a manual trader cannot possible process all the opportunities fast enough. It will be more helpful to have a stock trading software that can handle trades 1000 times one’s manual capacity. That will surely cover a lot of grounds for possible gains.
The trading application is perfect for the day-traders as it displays data from various sources while allowing order submissions and other online exchanges. The software runs on Windows and streamlines real-time data feeds for analysis.
A trader can enjoy some benefits should he opt to use the gr8trade for trading automation.
• Under trading, gr8trade have set alerts, stops, charts, and tickers in place as well as Autotrading functions. It’s capability to scan for data is outstanding since it has the ability to adjust to sudden market surges
• Under reporting, the gr8trade has a very efficient account management capability to monitor profit and loss. A reliable and effective risk management allows one to trade with minimal losses. The InfoCenter to which the gr8trade has access to, provides a data warehouse that is functional and updated.
• Gr8trade’s software architecture is flexible enough to allow changes in market conditions. It is scalable so that trader and adjust freely as needed. Traders are allowed to add new markets, products, and other order types as the need arises. The visual interface is well defined and easy to manipulate.
Autotrading is being encouraged as this allows traders to grow past their barriers. The problem wit manual trading is, the trader often encounters difficulties in self-discipline. Many traders often get too anxious about their profits that sometimes, they grow greedy and forget about risk management totally. For some other manual traders, the great potential for loss hinders them from trading properly, too. These emotional barriers that come with manual trading can be replaced by logical reasoning with the use of a stock trading software application like the gr8trade.
Another limitation for manual trading is how slowly it can move with the fast paced business that is stock trading. Humans had to keep up with the bots making orders, but how, when these bots are amazingly and extremely faster than the human brain.
Humans can only manage to accurately handle one or two stock trading events a time while an automated trader can do multiple in a matter of seconds with just a few clicks.
Autotrading is devoid of emotions, which can affect trading. A manual trader can easily be affected by several issues in his life and may not think straight when it comes to trading decisions.
Automating can be a big help to traders since every trading is based on the rules or parameters set in place. Offloading some trading activities to a computer can leave a trader with less mental work to handle. He will then trade more wisely with the use of the trading tools.
In stock trading, 75 percent of one’s capital can cash in on 15 percent at a time. When the 15 percent opportunities knock, a manual trader cannot possible process all the opportunities fast enough. It will be more helpful to have a stock trading software that can handle trades 1000 times one’s manual capacity. That will surely cover a lot of grounds for possible gains.
Tuesday, July 22, 2008
What To Look For In Stock Trading Software
You may have come across an article that reviews different software on online stock trading, or the occasional “what to look for in stock trading software” review. You may have read up on a lot of articles pertaining to online trading, stock markets, speculative trading, etc. All these accumulated readings pale greatly in comparison to a hands-on experience, especially if you are serious about making profits of this kind of business.
This is the reason why you need to know precisely what to look for when it comes to stock market software.
3 Things To Consider
Obviously, online companies offering the said software have various packages that may include add-on programs, additional information and whatnots. Although a very hefty software package that includes every professional tool imaginable would be very much appreciated, this would also command a very steep price. If you are on a rather tight budget, there are certain things to look out for when buying stock trading software.
One: an information laced online manual or e-book (.pdf file containing information can also be counted.) Naturally enough, as a first time software user, the manufacturers cannot assume that you would know how to run the programs efficiently right off the bat. Aside from that though, this online manual or e-book should give you more information on the standard language used in the stock market. It is good if the said information source keeps boasting about secrets revealed to stock trading; but it would be better if it also gives you a concrete background on the basics.
Two: in regards to the actual software, an online tutorial program is a definite must. This is actually a great way to have that hands-on experience when it comes to stock trading. Also, a tutorial program can literally take you on a step-by-step journey into the world of financial markets. Usually, such tutorial programs would also provide you a free arena to actually perform trading minus the monetary risks. In other words, your baby steps would include trading without the use first of actual money. All other trading software programs should come secondary to this.
Three: another set of programs that should be included are analyses programs. Sadly, not every company offering online trading software includes analyses programs. The trend seems to shift now to software that dictates which markets you should look into, how much money you are to dole out and when to invest it. This may be great if you are really after the quick buck and that you do not want to particularly think for yourself. Besides, if all hell breaks loose, you can always blame the software, right?
The thing with analysis programs, especially technical and financial analyses, is that these are algorithm-based calculations specifically designed to take the data from past market transactions and plot out in chart form its predictions for market movement. It can give you a two-dimensional look at what kind of trading you are actually dealing with. However, a program (or any program for that matter) should not make the decisions for you. If you want to engage in a riskier trade (like speculative trading in FOREX, for example,) your software should help you calculate your risks, without hampering your choices.
Obviously, the computer mind is exacting; and you could always play it safe (algorithm-wise.) But often, the human intuition for betting on riskier moves can yield spectacular gains. Conservative measures or risk trading, whatever your choice may be, you would always find software with analysis programs to be crucial in decision making.
This is the reason why you need to know precisely what to look for when it comes to stock market software.
3 Things To Consider
Obviously, online companies offering the said software have various packages that may include add-on programs, additional information and whatnots. Although a very hefty software package that includes every professional tool imaginable would be very much appreciated, this would also command a very steep price. If you are on a rather tight budget, there are certain things to look out for when buying stock trading software.
One: an information laced online manual or e-book (.pdf file containing information can also be counted.) Naturally enough, as a first time software user, the manufacturers cannot assume that you would know how to run the programs efficiently right off the bat. Aside from that though, this online manual or e-book should give you more information on the standard language used in the stock market. It is good if the said information source keeps boasting about secrets revealed to stock trading; but it would be better if it also gives you a concrete background on the basics.
Two: in regards to the actual software, an online tutorial program is a definite must. This is actually a great way to have that hands-on experience when it comes to stock trading. Also, a tutorial program can literally take you on a step-by-step journey into the world of financial markets. Usually, such tutorial programs would also provide you a free arena to actually perform trading minus the monetary risks. In other words, your baby steps would include trading without the use first of actual money. All other trading software programs should come secondary to this.
Three: another set of programs that should be included are analyses programs. Sadly, not every company offering online trading software includes analyses programs. The trend seems to shift now to software that dictates which markets you should look into, how much money you are to dole out and when to invest it. This may be great if you are really after the quick buck and that you do not want to particularly think for yourself. Besides, if all hell breaks loose, you can always blame the software, right?
The thing with analysis programs, especially technical and financial analyses, is that these are algorithm-based calculations specifically designed to take the data from past market transactions and plot out in chart form its predictions for market movement. It can give you a two-dimensional look at what kind of trading you are actually dealing with. However, a program (or any program for that matter) should not make the decisions for you. If you want to engage in a riskier trade (like speculative trading in FOREX, for example,) your software should help you calculate your risks, without hampering your choices.
Obviously, the computer mind is exacting; and you could always play it safe (algorithm-wise.) But often, the human intuition for betting on riskier moves can yield spectacular gains. Conservative measures or risk trading, whatever your choice may be, you would always find software with analysis programs to be crucial in decision making.
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