day tradingsoftwareday traderstock day trading
Day trading


There is a great website called Sharebuilder.com that will lead you through what you need to know. They have a great starter kit that costs about $50.00 but they give you a $50.00 certificate to purchase stock with. It is a very well executed website and the documentation should point you in the right direction.
Ok, i have some money to risk. I want to learn more about charts and trends and what is bullish when this part of the chart does this or that. I know I am talking in simple language, I just dont want to get all complicated. Please help! THank you for your time!
Day trading


I'm giving you some web sites to check out for day traders and swing traders. This will give you a "feel".
http://www.alphatrends.net/
http://www.thekirkreport.com/
http://www.slopeofhope.com/
http://www.tradingwithtk.com/
http://www.thinkorswim.com/
http://www.redoption.com/

Also, some good books to start with are;
Trading In the Zone, Mark Douglas
Mastering The Trade, John Carter
High Probability Trading, Link
Trade Your Way To Financial Freedom, Tharp

Learn the basics of "Technical Analysis" before you read these books. Understand Candlestick Charting, Moving Averages, Support & Resistance, RSI, Channels etc.

There are many great books out there…. Don't read any of them until you've gone through these. Don't ever underestimate the importance of money management, position sizing & trading psychology.

This will take at least a year to get through. Do it and you'll save yourself from many costly mistakes.

During "Day" or "at market close?" I am completely new to trading. I want to do short term trading. Just give me an overview of trading for dummies.
Day trading


People spend years learning how to trade & you want a short quick answer……… sorry…. there is no such thing.

If there was a "best time" to trade… wouldn't all the professionals be doing it. I do have some rules for myself;
I never buy/sell before 10:00PM EDT
If a stock reaches its high 5 minutes before 4:00PM, I'll buy.
I never trade during the hours of 11:30AM-1:30PM (lunch)

BUT…. these rules mean nothing without a ton of information I or anyone here can give you.

Here's some places to start;
http://www.alphatrends.net/ (best "sum up" of daily activity on the web).
http://www.tradingwithtk.com/ (good teacher, dangerous stocks).
http://streamer.thinkorswim.com:8000/shadowtrader.m3u
(great market comentary during the day, 9:15AM - 4:00PM EDT).

ya@eriestocktrader.com

I am new to all this. Where can I learn the basics?
How do I find a cheap, easy to use broker? There are SO MANY - how do I chose? The ones I've heard about include Ameritrade, eTrade, Sharebuilder, TDWaterhouse, ScotTrade, Fidelity, the list goes on! What makes them all different?

What I know: I'd like do invest relatively conservatively (IE - no day-trading). I'd like to invest in ethanol. I'd like to invest for down the line…

The only resource I'm using now are
http://www.investingonline.org/index.html
Yahoo! Finance.

HELP!
Update:
I'm probably looking to invest a few thousand for now. That may increase but I dont foresee investing more than 5-10K.
As far as where I was planning to put my money - mostly in stocks in NYSE or Nasdaq. Prob not smallcaps/penny stocks, but I did have my eye on an IPO or two. BTW what are franchise stocks?

I was actually thinking about Sharebuilder - it comes highly acclaimed. Why is touted so much? Advantages / Disadvantages?

Day trading


You want to buy a diversified portfolio of stocks, as individual stocks are too risky. With a few thousand dollars, this means buying mutual funds. I like Vanguard.com, other people like Fidelity, TIAA-CREF, and DFA. Buy no-load, low cost funds. If you are like most people you will invest part of your money conservatively, in money market funds and bond funds, and part aggressively in stock funds. Vanguard.com has an on-line questionnaire which will give you an idea how aggressive you want to be.

Investing in a mutual fund IRA for retirement may give you an income tax break. Talk to your tax adviser. You may also be able to invest in a stock mutual fund via a 401K plan at work.

Believing advice you get on Yahoo answers can be risky, so read these websites for further information. If you find it too confusing, contact a professional financial advisor. They will charge you significant commissions, however.

I currently do some stocks trading but it is just based on the recommendations I got from the web site that I subscribe to, I need to go one more step in that and be a pro. trader specially day trading, if any of you have been in a class stock trading please let me know it, also if you can give a brief evaluation of the improvement you had in your trading skills that will help a lot.
Day trading


There are thousands of books that will help. (You are going to lose money in the long run day trading) I would start with "One up on Wall St" by Peter Lynch. Its an easy read and simple concepts.
In order to do technical analysis for day trading I want to have web site that provides real time charts and host of technical indicators to work on. BSE & NSE are not of much use and Yahoo Finance is late by 20 minutes and therfore not of any value for day traders. I dont mind paying if there is no free site but even after payment if I am linked to yahoo finance it is of no use. I am operating from India. I am sure some knowledgable Indian brother trader or investor or professional can understand my problem and help me out.If possible give me the indicators you are working with for intraday trading only. I intend working only in stocks for the time being and not in futures or derivatives or forex or commodities.
Many thanks in anticipation.
Day trading


Go to : www.investopedia.com
I am looking for a full day trading of DD for July 25, 2007. I need the price at 10, 12 and 2.
Day trading


You're not going to find a website with intra-day historical data. However, I do have access to a Bloomberg, so the price of Dupont at 10 am on 7/25 was 49.27. At 12 noon, the price was 48.92. At 2 pm, the price was 48.89.

Good luck.

If you have heard of him what trading system does he use.
He day trades the sp500 futures his website is spguru.com, please help if you know anything
sorry the website is sp500guru
Day trading


Nope, never heard of it till you mentioned it sorry.
In the (ThinkorSwim) stock trading platform i use to day trade there is a spot where i can load the "URL of the MP3 feed for streaming audio" of a radio station, or whatever i want to listen to, over the Internet, on the computer, when i have the trading platform open. So i went to bloomberg.com and other financial sites to find the "URL of the MP3 feed" but i could not get it.–SO– my question is: #1- can someone recommend a good website to show me how to load the "URL of the MP3 feed" of a Internet radio station –or– tell me how to "getter done". #2- Anyone have a recommendation for a good financial/business/stock market (MP3) streaming audio feed. #3- do i have to be concerned about MALWARE through a (MP3) streaming audio feed? thanks for your time in answering this question. "May the force be with you."
Day trading


Over 12,000,000 legal mp3 music and song downloads available at: http://suv2007.mp3center.hop.clickbank.net
I am new to trading stocks…never have but know a little bit about it. I really can’t find the time to read a book by William O’neal I purchased and I am trying to find some time to finish it. My wife’s uncle who is a dentist makes about $2000 per day trading. I want to start with $1000 that I have in my newly opened scottrade account. Is it a good idea to pay about $20 per aided stockbroker trade? I am really wanting to make some money to move out of my parents home and help them out as well.
Day trading


I would not recommend you to jump into day trading. It’s not for beginners, and you could potentially lose a ton of money in a matter of minutes. In addition, day trading would require a lot of money, and trading with $1,000 would definitely not be enough to cover for the commission costs.

You will need a broker to make stock trades for you but different types of brokers will charge different amounts. Full-service brokers will provide you with a lot of advice. However, their commission rates are much higher than the ones from discount brokers, who only make the transaction of the trade. Personally, I prefer discount brokers because they are cheaper and they allow me to make my own decisions.

I currently use Firstrade ( http://www.firstrade.com/ ). I prefer them over Scottrade because they offer free dividend reinvestment (DRIPs), which is essential for long term investments. They also have slightly cheaper commission rates and much lower commission rates when compparing to ther big name brokers such as Etrade, Ameritrade, and Schwab. Their customer service and website are great as well. I would definitely recommend that you check them out.

If you aren’t comfortable with your invest skills, instead of getting a full-service broker, I would suggest that you try mutual funds. Mutual funds are diversified, thereby less risky. They are also professionally managed so you don’t have to worry about what to buy or sell. To learn more about mutual funds, you could visit Investopedia ( http://www.investopedia.com/ ).