17 августа, 2021

Software For Day Trading

Let me tell you something about the business that has no limits. Business where you don't need to see your boss 6 days a week, working 10 hours a day under the supervision and stress. You can live anywhere in the world, even on the moon and working from out here! I'm talking about day trading, guys. And when I say day trading, I mean software for day trading. Without professional software you'd still be seeing your angry employer, sitting in an office's unpleasant atmosphere.

One of the strongest on the market is The News Trader, a.k.a. TNT, allows you to trade in the pre and regular market periods. Potential earnings are up to 600 percent per year, stock trading, buying and selling stocks, excellent research and give the highest probability of winning trades. All that directly to your computer every day. Note that each day trading brokerage has its own software for day trading, so each trader will most likely depend on which brokerage to choose. If you have an account with any of the brokerages, some of the software is free, but only if you complete a minimum number of trades every 30 days. Some day traders prefer to use additional software other than the one with the brokerage account, for example: automatic target and orders of stop loss and what do you know? These software are sometimes even easier to use than the ones supplied from brokerage. Here is some that pretty popular:

Zero Line Trader is powerful software for day trading that helps you to trade with disciplines. What you do is turn on the Enforce Discipline Rules and then Zero Line Trader won't be transmitting any order unless the definition of the stop loss. At the moment when it establishes the position, the stop loss is becoming tighter than steel. Also the stop cannot go any wider beyond the predefined amount of stop and nothing can cancel it. Zero Line Trader is very easy to use and has one of the best DOM trading interfaces. You can buy and sell with only one simple click, man! Interaction with markets is incredible! Take a pick: DOM, Action Panel, Main Action Grid, in other words the customization is like the stars and the space - forever together.

Have you ever met ninjas in your life? Nope? Me neither, but I've met Ninja Trader and surprisingly he didn't throw at me one of his sharp razors. He was nice and also absolutely free software for day trading! I downloaded it and we have become friends ever since. First of all it analyzes the world markets, analyzing stocks, futures and of course Forex. It makes multi-series charting, drawing rich tools, and allows you to trade from your chart. Run historical tests and all of your strategies of automated trading are analyzed as well. Backtesting performance is way beyond this world and basket testing is just superb. And in the end the market analyzer with trade performance and the [email protected] window just adding to your pleasure of day trading.

And the last one for today is mister Bracket Trader, which is a monstrous application programming interface, created with intention to control IB's trader workstation (TWS). At the moment when the trade entry is filled, exit orders are sent automatically as a pair - one send of exit cancels all orders, while remains on the profit side, the second one is on the loss side. And this is the reason why people call him Bracket Trader. This software for day trading is doubling what you usually do manually to control your trades, but so much faster, you'll be in shock. And without errors! The Bracket Trader software annihilates human-being mortal mistakes and laughs at it.

Adios, amigos, 'till the next time and don't work too much, go get some sleep!

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