Skip to main content

Intraday Software | Nifty Intraday Software | Nifty Intraday Tips

By
The business of day trading is extremely risky. You either gain or lose thousands of dollars within a matter minutes. That's why it is very important that you invest in a powerful day trading software. Day trading software will give you the platform you need to do instant market research and make fast trades that can make you a nice profit.
As I am sure you know, there are many day trading softwares on the market. Some are good and some are well, not so good. Below you will find the top 6 things you should look for when researching a day trading software. Remember that day trading in and of itself is very complex. Therefore the software that you will be using will be complex as well. Just make sure it is the software that works best for you.
1 - Training
If you are new to day trading, it is important that use a software that offers some sort of training. The more the merrier. Look for a software that offers forums and blogs that you can access on a regular basis.
2 - Charting Tools
The best softwares will provide powerful tools that will allow you to create charts. It will also allow you to create alerts, watch lists and much more.
3 - Market Data Support
When choosing a day trading software make certain that is linked to either a free or subscription based data service provider. You need this data so you can have up to date market information. Most softwares will give you limited free access to historical data. You can then sync that information with a fee based service for real time data.
4 - Stock Trading Service Support
You want to make sure that you can buy and sell stock via the software or a brokerage.
5 - Access To Mobile Tools
As a day trader your job is to make multiple trades throughout the day. Do this, it is very important that you have access to as much information as you can at all times. Some softwares provide SMS alerts or apps for your cell phone to help you stay on top of your trading.
6 - Support
Learning how to operate trading software can be very difficult. After all, these softwares are very complicated. That's why it is absolutely necessary that the software provider you choose offer the needed support. Ideally they would provide email support, phone support and chat support.
Learn How We Predicted The 2008 Crash Before It Happened. Join Our FFT Trading Club & See Where You Should Be In The Market Next Week!
Visit For: http://www.technotrades.biz/

Article Source: http://EzineArticles.com/6303312

Comments

Post a Comment

Popular posts from this blog

Day trading strategy | Intraday nifty chart

By
Why Most Traders and Day Traders Lose By Scott A. Cole Ads by Google Free Classifieds in India www.olx.in Everything you want, everything you need: Try OLX Free Classifieds! Trade With Banc De Binary Bbinary.com 60 Seconds Trading Only @ Bbinary Generate Maximum Profits Now! 99% Accuracy Stock tips www.sbaasl.com Earn Rs150000/month in share market futures and Nifty call (0281)668666 Most traders and day traders are unprofitable. That is a simple fact. While the exact number of unprofitable traders and day traders is not known, most industry experts place the figure at somewhere between 80% and 90%. Yet, given these astonishing figures, year after year, more people try their hand at trading as a way to escape the corporate rat race. Most people begin trading after they hear or read about someone's success at the endeavor and decide to try their own luck. This is one of the biggest reasons why most traders lose. They really have no clue how to trade profitably. Besides that,...
Post a Comment
Read more

FII AND DII ACTIVITY

By
Your guide to Foreign Fund Flows! Catch the latest FII trends and track their investments in India.    Daily FII Activity   DATE PURCHASES (Rs m) SALES (Rs m) NET INV (Rs m) Thu, 11 Jul 2,510 3,823 (1,313) Fri, 12 Jul 28,872 79,976 (51,104) Mon, 15 Jul 19,057 20,827 (1,770) Tue, 16 Jul 25,095 28,192 (3,097) Thu, 18 Jul 32,041 33,177 (1,136) Total 107,575 165,995 (58,420)    Weekly FII Activity   DATE NET INV (Rs m) Mon, 23 Sep (981) Tue, 24 Sep (176) Wed, 25 Sep (379) Thu, 26 Sep 24 Fri, 27 Sep 12,671 Total 11,159 Volatility persists! While the Indian stockmarkets were not generous to investors (declined week-on-week), the rain gods gave a handful to Mumbai and as usual, the city choked during the last week! This did have an impact on the daily volumes traded, which was low in the first three days, only to gain momentum in the later half. Despite a weak start, there was selective buying interest in some sectors. But senti...
Post a Comment
Read more

Nifty futures test 5000 mark; Asian indices slide sharply by Venky Vembu May 7, 2012

By
Hong Kong : The blood has barely been wiped off the trading floors after last week’s tumbles on the Indian markets. But already, markets are off to another bloody start to the week. Nifty futures are again sharply down in early trades on Monday, testing the 5000 mark on very weak global cues after election results in  Greece  and France over the weekend, and tepid US employment data on Friday, busted investor sentiment. (More details  here .) Listen to market audio: All across the region, trading boards are awash in red. As at 7.30 am IST, most of the indices are down in excess of 2 percent. Tokyo, returning from a holiday, is down the hardest, playing catch-up with last week’s falls: it’s now down in excess of 2.5 percent. Hong Kong is down about 2 percent, and Sydney about 1.5 percent. Shanghai is faring the best of the lot, down only about 0.2 percent. We’re probably looking at sharp losses when markets open in Mumbai today. Reuters Nifty futures are do...
Post a Comment
Read more