day tradingsoftwareday traderstock day trading
Day trading


Think of an index as the dollar value of a portfolio of stocks. The value of that portfolio rises and falls each day. Sometimes you sell some stocks and buy some stocks, so you have to adjust your calculation.

An index is the value of the portfolio that you hold divided by a "divisor" so the index is continuous from day-to-day. The number of points up or down each day reflects the rise or fall in the value of the stocks that comprise the ASX. It's best to look at the rise or fall on a percentage basis by dividing the point change by the level of the ASX.

Day trading


If you are really serious about any of this, you can do the search for yourself in just a minute or two.

Just go to Yahoo Search Engine and type in:

s&pcnx index

trading devivatives

day trading

If you really want to suceed in the world of finance, learn to do this type of searching yourself, rather than depending on others.

I'm looking at the Forex, Stock, Options, Commodity markets and anything else I can think of. Exactly what are the pros and cons of each and where is a knowledgeable trader most likely to make gains?
Day trading


First off, you should know that "predicable" and "day trade" should never be used in the same sentence. If there was a predictable way to profit by day trading, a lot more people would be doing it.

That being said, if your looking to investing something that is the "least risky" and "most predictable" you should look at a low cost fund that tracks a broad market index . Check out VFINX, Vanguards mutual fund that tracks the S&P 500. If you looking for pure predictability, try a bond fund.

The others you mention Forex, Options and Commodities, are the MOST risky and LEAST predictable. And while they can be quite profitable for a professional trader, they are not suitable for the average/rookie investor.

I often observe that the stock indices (Dow Jones, S&P etc) change in value even after the trading day has ended. Why does this happen? Is it because of adjustments that weren't recorded previously.
Day trading


In addition to William's comments, specialists/market makers are sometimes working orders for closing prices, or working large orders up to the close. These executions are put through 'as of' the close of trading. The prices hit the tape, and can thus impact the index or indexes the stock is included in.

http://www.ez-traders.com

I have an E*TRADE brokerage account with stock and index fund holdings. There's been a fair amount of worrying news stories about E*TRADE's financial health in the last several days. I'm assuming that, since the stocks and funds are owned by me, and are simply held in the street name of E*TRADE, they are safe, even if E*TRADE were to declare bankruptcy. However, I want to confirm that this is actually the case. Can anyone advise?
Day trading


I would expect your assets ar safe. Your Banking stuff is insured by FDIC and the stock by SIPC ( I think thats the initials…..

Remember they were downgraded by a competitor.
Times are tough in the financial industry and we will all be challenged by someone elses stupidity , a shame but a fact.

I have an account with E-Trade and I have no plans to transfer it.

Good Luck Gerry

I see this on CNBC every day! They seem to indicate that this could indicate that the stock market would rise on a positive number and fall on a negative number! Is this an indicator or pre market trading or overseas trading? How are they making the predictions for the day? What are they basing it on?
Day trading


Normally, S&P futures trade at a price in sync with the S&P index because if they didn't, someone could buy the cheaper and sell the more expensive for a guaranteed profit.

In the morning, S&P futures are trading in Chicago before the stock market opens in New York. If the futures are trading below the price of the index calculated from the previous day's closing prices, they are said to be trading "below fair market value". This inverse applies, too.

The reason this is an indicator of how the market will open is that a lot of institutions will sell/buy futures to get rid of/take on market exposure before the market opens. When they can do stocks, they will offset their futures position and move the position to stocks.

I am not interested in day to day trading. What are good companies to invest it in if you are a poor man like me but would like to invest something.
How can I read the investment portfolio?
Someone help so I can save a buck or two..
manfreeme
Day trading


Mutual funds let you start with low amounts. If not knowledgeable an index mutual fund is best + is cheapest in internal cost. Schwab.com or 1 of the others makes opening an account easy. If no IRA – open 1 1st. I would chose a global index fund right now
. SWINX if going with schwab
Learn to trade on the stockmarket
Day trading


Before you do it, learn simple rule first, ALWAYS PUT A STOPLOSS ORDER ON YOUR TRADE, try to protect your CAPITAL OF ALL COST, losing capital is losing ALL
before you do it, learn how to trade in the right way, and how to read market pulse or read indicators. market by itself is living pulses, if you can take the pulse you are wll on your way of financial freedom.

Yes you could learn invest by yourself. it is your money, you should know how to do with it. for starter check this site out.

http://www.pathtoinvesting.org/index_fla…

http://www.stockcharts.com

http://www.streettalklive.com>… university. a lot amount of information. It will serve you well
I accumulate in good amount in 401k at the young age.I could share with you. when consider invest in stock market. you should consider basic 3 things:

fundamental analysis==(economic data,finincial health, management, business model, competetion)>>what to buy

technical analysis==(chart+indicator)>> when to buy

Sentiment/schycho analysis==>>mood of investor, Contrarian point of view.
Market cycle===>> check out book Trader Almanac by jeff hirsch will give you inside stuff
When you combine 3 thing, It is one of the powerful knowledge goinh with you for the rest of your live

At the age of 32. my 401k is amassed 71,000.00 and 30000.00 in taxble account. by follow simple rule

I am not looking for a broker. Just a legit website with day trading calls or recommendations. Preferably real time.
Day trading


Geek didn't understand your question.

You already have a broker, and are simply looking for good market advise, and are willing to pay for it, right?

I've used TradeStalker for awhile, but it's strictly for stock index futures or ETF's on margin (leverage). He's very good, and will teach you a lot of good stuff. He charges $100/mo.

Here are several:

http://www.tradestalker.com/

http://www.mrswing.com/landingpage.html…

http://www.allfuturestrading.info/…

http://www.systemtradingblog.com/…

http://www.tradertech.com/home_ov.asp?co…

http://daytrading-fdax.blogspot.com/…

What to look, moving averages, etc
Day trading


Start learning the basics of fundamentals and technical so you will be more informed in your investments. You can find all the basic info you need on websites for free.
This site should give you a good start.

http://finance.yahoo.com/education

Try what you learn on demo sites. If you pick 75% right with play money then you might be ready to start slowly investing.

http://simulator.investopedia.com/

http://simulator.zacks.com/

http://www.fxcm.com/open-free-100k.jsp

http://www.alpari-idc.com/en/metatrader4…

Or just google for more.

I use Lightning Strikes Trading System for trading in any time frame and it works on forex, stocks, bonds, etf's, mutual funds, etc… They have 3 free training sessions a week and you don't have to buy the software to join in the live chat and text. You can even watch some recorded past live sessions. Here are some past charts that I used.

http://f1.grp.yahoofs.com/v1/MB16R0zjjaZ…

http://f1.grp.yahoofs.com/v1/MB16RxjOUQt…

There are 7 indicators (2 short, 2 medium, and 3 long term) and if volume is reported another one is added (on balance volume). Plus whatever time-frame is used the 2 green horizontal lines are the support and resistance for that time frame. So when indicators are all touching the bottom price is at or very, very near support. At top is at or very, very near resistance. Which helps my entry/exits and risk/reward ratio.

http://f1.grp.yahoofs.com/v1/MB16R9Wv-wt…

http://f1.grp.yahoofs.com/v1/MB16R9wSKdV…

http://f1.grp.yahoofs.com/v1/QCt6R2fYIj6…

http://f1.grp.yahoofs.com/v1/QCt6R3R0VQe…

If you can not view charts above I can email them.

Here are my favorite sites.

http://stockcharts.com/

Has basically all you need from fundamental to technical terms. Plus stock screens, charts, public chart lists, and much more useful info.

https://www.fidelity.com/

Has good learning resources.

http://moneycentral.msn.com/home.asp

In addition to yahoo finance.

http://www.reuters.com/

For news and more.

http://www.marketwatch.com/default.aspx

For news and more.

http://www.valueprime.com/index.php

For rating stock risk/reward ratio and reports.

http://www.barchart.com/

For investing in more than stocks.

http://www.investopedia.com/

For more great learning tools.

http://www.lightninglive.com/

For best software timing your entry/exits any time frame for day traders and long term investors.

Others worth exploring.

http://www.equis.com/

http://www.stockta.com/

http://www.secform4.com/

Best Wishes,
Burt Whitley