day tradingsoftwareday traderstock day trading
I currently use Edward Jones, which is face to face investment firm. I have been doing ok, but I am interested in switching to something where I feel I have more control. I am not a day trader, I invest for the long term, so cheap daily transactions are not an emphasis. I have been seeing a lot of ads as well as good reports on E*Trade…any recommendations?
Day trading


First, what are you currently paying in fees? If you have a 'financial advisor', realize that this is a scam:

http://www.saveyournestegg.com/scam.html

You say you are doing OK – are you comparing your returns to their proper benchmark?

I recommend Vanguard for several reasons. They are client-owned so they do not have conflicts of interest with clients. They stayed out of the scandals. Their costs are very low. They are set up so that active trading is not allowed (so you don't pay the costs for active traders). They have excellent funds. Their philosophy is 'buy and hold'. They have a wide selection of mutual funds and ETFs. Their index funds are very well-managed (often the expense ratio is partially offset). They have excellent customer service.

I am a professional stock trader. I trade In indian markets. I want to know about US &UK markets. I am basically a good technical analyst and does day trading successfully. I need the basic structure of these markets to day trade. General behaveir with day trading perspective, trends, behavieral patterns of index stocks, midcap, smallcap and I am a momemtum Player in day trade. In that case what general tendency I should observe, How is the brokerage structure, How is the day trading culture in USA & UK. Where I will get Online charting facility to open atlest 30 stocks simultanoulsy and I Choose to trade from all the total scrips and choose the days best moving scrips with above reasonable volumes. What scope it has in these markets for this patterns? Is ther any website reveals the basic structure of these markets. If you are in these markets, and guide me for basic knowledge, I will help to make consistant money in day trading since I am a very very successful day trader.
Day trading


I am a stock trader too: American markets and american stocks are very transparent, so it will be easy to find all kind of information that you need online.
finance.yahoo.com is the website that i use the most during the day, i am a daytrader also.
If you need more advice just feel free to contact me.
I hope that you will chose my answer as the best one.
Thanks
Can anyone plz suggest me some websites or books or article. I don't hav a huge capital to start. I want to learn this business first rather then running behind the money( it doesn't hurt if I earn few dollars for my living). any website which is like a blog or a community or a associations updating about stocks. Day trading !!!!!!!!!!
Day trading


You should watch Mad Money on MSNBC. Jim Cramer is awesome and he doesn't just suggest stocks but he actually teaches you how the market works and the strategies he uses to make money. Its at 3 pm Pacific Time.
I am somewhat of a novice investor, but I purchased a penny stock and I'm trying to understand why yahoo! will only show 5 days of trading history when I have clearly owned the stock for 5 weeks. Google won't even recognize the ticker symbol, and schwab shows limited history as well. I tried asking this once and it got deleted, someone please help!
Day trading


Penny stocks, or pink sheet stocks, are so thinly traded, that they are not tracked by schwab, thestreet.com, bloomberg, etc. so you can't get the information as readily as you can larger, more established companies. You can call Schwab and ask your broker for an update. You can also go on the company website and see if there is any investor information. Before you buy a stock, you should look at the financials of the company. If you do not have that information, ask the company for it. Tell them you are an investor, and you want the company financials, quarterlies, updates,etc.-to be added to their mailing list. On some company websites, you can actually sign up to receive investor information by email. If it is a very new, small company, that may not be available to you via email. Good luck! Hope you have a winner. Those penny stocks are very difficult– it's not like buying Google- where you can find everything at your fingertips!
Day trading


I would say a mix of strategies might be best. The best thing to do is – do a lot of research. A good place to find interesting investment ideas is http://www.top10traders.com – this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can read posts on investing from the best traders, as well as share your own investing ideas. There is a charting feature, so you can see how your portfolio performs compared to the S&P 500. Also, you can create your own "group" so that you can see how you are doing compared to your friends.

Here are this month's best traders:

http://www.top10traders.com/Top10Standings.aspx

Good luck.

Day trading


To be a trader you need to be well aware of market. If you want to take hear say advise Be rest assured that not before long your hard earned money will be history to you .
Still if you have the inclination then I will say at least go to a site known as
www.moneycontrol.com . This is free site and has a huge message board . Lot's of advise for free. By the way this site is run by CNBC .
I am looking for stocks that reach a new 52-week hi during the same trading day. Is there a place to go to get it?
Day trading


Stockfetcher.com is an awesome screening site…you can screen out stocks for just about anything…im in no way affiliated with this site i just use it…its fairly cheap but it does cost. If youre serious about stocks theres pretty much unlimited options on there for screening for certain things id atleast give it a shot.
Stocks have a bid/ask spread that fluculates through the trading day and are very transparent. Bond pricing is not transparent so how do I know if I'm getting the best price when I buy a bond, and not just a profit-inflated price from the trader that is trying to sell it?
Day trading


Contact the Edward Jones investment rep nearest you. Go to their website at www.edwardjones.com and enter your zip code to find the closest office. With 10,000 locations, chances are there's one within 10 miles of where your live.

As for WHY your would want to this, contrary to the last answerer'a assertion that brokers don't find bonds sexy and hence don't bother learning about them, throughout their 135-year history, Edward Jones made their business on selling quality bonds to individual investors. I've found some of the most knowledgable people I know regarding bonds to work for Edward Jones. In addition, they do so much bond business that they get optimal pricing and that is in turn passed on to you. When calling around for price quotes, at the very make sure you include them, you won't be sorry.

I should point out that unless you need the money, now is probably not a good time to be selling your bond. Although long-term interest rates (i.e., that of most bonds, which are driven by economic factors) have little to do with short-term rates (which are directly driven by the Fed), we are nevertheless in a rising interest rate environment and your bond undoubetdly is worth less than it wa a year ago. Of course, you could be banking on that and need a tax loss for some reason, but barring that, if you're getting good interest, hold onto it until rates go down again to get a more advantageous price.

Of course, when buying bonds specifaclly for the interest income, you should learn not to even care what the price is. It's hard psychologically, and it takes some getting used to, but it's worth it. After all, if you're buying a cow for the milk, then what the hell do you care about the price of beef?

Hope this help!
–J.

I have been developing a trading strategy for the last 6 months. As of today, 11-12-08, the average winning trade percentage is 92% and of those winning trades, the average gain is 5.97% between 1-5 days. If this strategy were used over the course of a year, an individual's portfolio would more than triple. I am going to start a website in the upcoming few months to have people subscribe to my picks. I do not know what to charge. Ideas?
Day trading


You may want to look at Collective2:

http://www.collective2.com

People can subscribe to your system there and you have a number of ways you can charge. One advantage of using them is that you have an independent auditor of your results. Another is that they do all of the billing for you.

Unfortunately, not free.

But even if you decide not to use them, you can still get some idea of what other people are charging for their methods — while seeing what kinds of results they are generating for those charges.

P.S. I hope by "developing a trading strategy for the last 6 months", you don't mean you've been tweaking historical data to generate those results. There have been a few systems on Collective2 that looked great in their presentation of backtest results, but failed miserably going forward.

Do you have any book, website or class recommendations? I am not looking for long term, more like day trading.
Day trading


Day trading “well” will take most people on average, three years to accomplish. That’s after 95% of those that try…. fail.

Here are some suggestions (to start);
Read;
Mastering The Trade, John Carter
Trading In The Zone, Mark Douglas
Trade Your Way To Financial Freedom, Tharp
High Probability Trading, Link
There are plenty more books to read. The typical trader reads a book every month or two (I average every 6 weeks)… I re-read them also.

Every night I watch videos on the market;

http://www.alphatrends.net/

http://www.tradingwithtk.com/

Weekend (Sunday) video;

https://www.shadowtrader.net/videoArchive.html

My broker has weekly “chats” that may be of interest;

https://www.thinkorswim.com/tos/displayPage.tos?webpage=onlineSeminar

In one word there’s only one way to be successful: Disipline

Here’s another web page that may be of interest;

http://www.mytrade.com/

Training for a fee;

http://www.investools.com/

Good luck….. it’s been a rough year! I’ve been a position trader for 30+ years. A swing trader for the past 1.5 years. I’m just getting into day trading (also)……………………….

In November there’s a TradersExpo in Vegas… if you can, it’s well worth the effort.