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Posted by on Sep 18, 2015 in Day trading options, Finance |

Before we start comparing the terms day trading and night trading, it is important to understand the meaning of them individually.
Let us start with the question:

What is Day Trading?

31524Day Trading is a process, which involves making a position in the stock markets with a view of clearing that position before the day ends. A day trader basically buys stocks many times a day looking for fractional raises in the prices but, they close all their positions by the end of the day. The purpose of a day trader is to get profits even on slightest movements within one trading day.

A day trader is different from the investors as a day trader holds the position for a short period of time and never overnight.

Day trading is widely misunderstood by many people. Real day traders do not hold their stock positions beyond the one trading day, and definitely not overnight.

Day trading is the safest way to do trading as you are not exposed to the expected losses that can occur after the stock market closes.

Advantages of day trading

  1. Zero Overnight Risk: As the traders sell their positions before the market closes there is no chance that the morning news and changes in market will affect the trade.
  2. Increased Leverage: the profits and investments of day traders are high because of less margin requirements.
  3. Profit in any market direction: Day trading can lock their profits in a declining market and thus, gain more profits.Now that you understand the concept of day trading, let us move to night trading.

What is Night Trading?

31456456 Night Trading is a term used to describe the process of trading at the night time between 9pm and 8am. This is the type of trading in which the investors trade after the market closes, at the end of the trading day, because the foreign markets open when the local market closes.

When a trader purchases stocks he is taking up a position. In overnight trading, the traders make positions that are not liquidated and are continuing trades after the closing of the trading day.

Comparison between day trading and night trading


  1. Day trading is safer than night trading because in day trading the trader closes the trade before the market closes. Therefore if there are any fluctuations in the foreign market they will not affect the trade. While night trading is very risky as in night the foreign market opens and the news can affect the trades. Night traders cannot control the risks involved in trades.
  2. In day trading the traders immediately close the position thereby ensuring minimum losses and maximum profits. Whereas in night trading the trader is not able to close his/her positions and has to hold it until the market reopens.
  3. In day trading the market is open and the traders have an opportunity to lessen the risks by the use of stop losses. Stop losses are instructions given to the broker to fix a position if the losses reach a certain point. This helps in limiting the risks. However, this option is not available in light trading.
  4. In light trading the trader may encounter some failures or delays in getting the order paced or executed. Whereas there are very less chances of failure in computer services at day time as the service providers are still working.
  5. There are greater price fluctuations in night trading as compared to day trading.

To conclude, those who have the hearts to take risks can go for overnight trading. However, it would be better for night traders to go for long-term investments instead.

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What Are Binary Options Robots and What They Do

Posted by on Aug 11, 2015 in Day trading options, Day Trading Software, Day Trading Software for Options |

binary option robotThere is a lot of money to be made in the securities market. This even more so with binary options. However as with most securities, it requires constant monitoring of even the slightest market movements and reacting accordingly, this is what determines how much you will make.

A new invention is changing all this. With binary option robots, you are free of monitoring up to the second movements of these options.

How Do They Operate

These are software and applications operated by an algorithm. Algorithm allows you to easily set it up as well as manage your trading preferences. When completely up and running the application can handle the monitoring of stocks for you as they move up and down. It does not stop here with this robot however, it also makes trades on the binary options according to the market indicators known and observed by the bot.

For them to work though, and you are required to be logged into the robot while at the same time having your binary account open. On doing this, the bot simply takes over your computer. This by detecting all compatible binary options in the trading platforms. Signals generated by the service are picked up by the robot which proceeds to make the trade. Your work being limited to only sitting back and watching things run.


binary tradingThe application is suitable both for the beginners’ as well as advanced traders, for a myriad number of reasons. To the beginners, it will offer invaluable training in terms of tips, trades and why they were made. In the process of finding answers to these questions a beginner will quickly learn and graduate to pro status within the options trading segment. With this application as well, there will be less losses made as the tips and moves made on the options market will have higher odds of making a profit. To experienced traders on the other hand, the helping hand on research on options will lead to more earnings. An automated process reduce stress in the placing of these deals as none will be forgotten.

How to Get Them

These binary options robots are a third party trading program. Should you require one, it can only be by downloading the software. Surprisingly is that some of these software are available for free. Newbies normally prefer these. Pro version will come at a cost, but with these expect more capabilities as

More Advantages of the Same

These programs offer many benefits especially to rookie traders. This because, there is no required prior training to operate. Also, they reduce the odds and frequency of losing one’s investments. Together with these comes the ability to multi-task. They might take over your computer, but this is only with regards to trading. You can as well use your pc for other functions, say for instance continuing with a game or movie while the bot continues to make you money. The bot is also compatible with all major operating systems. These ranging from Windows to Mac, to Tablet and Mobile. As well the simplicity to use is an added plus.

Beware Though

As with any finance dealings online, you need to take caution. This because of the many possibilities and avenues of defrauding you of your money should you not be cautious enough. To this end, ensure that:

  • You only log into your money holding platforms e.g. PayPal via secured networks.
  • Be very careful with automated systems that you find advertised through your mail. Mostly on clicking onto these sites, you will find some malware or other unwanted spyware waiting to copy or hack into your systems.


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Top 3 Recommendations for the best Day Trading Software

Posted by on Jun 14, 2015 in Day trading options, Day Trading Software, Finance |

It is significant to look for day trading software that provides a brilliant trading platform with all the tools that you need to make the best possible trades, when you are choosing a day trading software package. Also, you should pay attention for a program that offers entrée to real-time market information and the option to obtain personalized alerts. Also, the best day trading software will give access to a range of markets.

We have done some extensive research on day trading software. In this article we will show you the top 3 recommendations for the best day trading software available:

  1. ESignal_version_11_2_screenshoteSignal

eSignal’s day trading software is on the first place for its excellent analyzing and charting capabilities, flexible pricing structure and unparalleled mobile applications. This software could be mainly attractive to those who are by now familiar with eSignal’s popular data streaming technology.

Tools/Charting: In order to support day traders with stock analysis, charting and scanning – this software option provides the very best tools available. And all of the eSignal charts are totally customizable and able to support many indicators, which includes distribution and accumulation, momentum, MACD, volume. Besides allowing entrée to the basic data feed, by purchasing eSignal software it allows users to entrée a large selection of more advanced data options.

Resources: For your examination, this software provides a lot of educational material, including trading education, seminars, forums and newsletters. Also, there is the option to purchase an additional software product which is called eSignal. Learning in order to help you advance your knowledge as a day trader.

  1. MultiCharts.NET_TimePriceOpportunity_free_indicator1MultiCharts

Second place goes to MultiCharts for its charting options and abundance of tools and its ability to work with many data feed services. Also with information from multiple data feeds this software allows users to create charts and can perform automatic trades with numerous popular trading platforms. MultiCharts offers a range of pricing options unlike many of its competitors, so you can decide the software package that fits your needs and also your budget.

Tools/Charting: MultiCharts receives enthusiastic reviews for its highly and excellent customizable charting capabilities, which includes 3D charting. Also, this option offers a wide selection of tools in order to help with strategizing, drawing, managing data and back testing. Advanced analytics and custom alerts are also available through this software.

Resources: The resources for this product aren’t mostly plentiful, though MultiCharts does provide a few tutorials and online forum which provides information about its product.

  1. AdvancedChartNinjaTrader

Third place goes to NinjaTrader for its compatibility with many popular data feeds, easy-to-use interface and affordable pricing.

Tools/Charting: The control panel for NinjaTrader is appetizingly simple compared to that of many of its competitors. And its streamlined approach lets you to easily keep track of all your executions, strategies, accounts, positions, and much more. Also, the charting options for this software are highly customizable and comprehensive. Additionally, this software provides a number of free features that you could find useful, which includes real-time market scanning and automated trading.

Resources: This software offer live training online together with a video library in the support section of the NinjaTrade website.

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Day Trading Software for Options

Day Trading Software for Options

Posted by on Apr 3, 2015 in Day Trading Software for Options |

Computer applications made it easy to computerize trading, particularly for short term intensive activities such as day trading, by making the usage of trading software extremely popular. Also, the debate continues on the profit potential that could be practically derived from day trading activities, as commissions and brokerage are said to remove the major portion of available profit potential. Therefore, it becomes very important to choose the right day trading software with a assessment of its applicability to individual trading strategies/needs, cost benefit analysis as together with the functions and features you need.

Day trading is a time bound trading activity where sell or buy positions are closed and taken on the same trading day, with a intention to make profits on large order volumes and  in smaller price differentials by common selling and buying, frequently on leverage.


Now, what is day trading software?

It is an automated computer program, generally provided by brokerage firms in order to help clients complete their day trading activities in a timely and efficient manner. They allow traders to collect profits that would be difficult to accomplish by simple mortals. To sow you on example: a day trader could find it impossible to track manually 2 technical indicators (such as fifty and two hundred day moving averages) on 3 different stocks of her or his choice, but an automated day trading software easily can do that and place trades after the set criteria is met.

The functions and features available could vary from one software to the next one and could come in different versions. Aside from brokers, independent vendors provide day trading software as well, which have a tendency to have more advanced features. If you are doubting your broker for any given reason you can chose one of many sites that can tell you is your broker legit or not. For example here is a scan of cherrytrade.


How this software works?

3 basic features of any day trading software include:

  • Automated order placing function (frequently with Direct Market Access), after the criteria are met.
  • Functionality allowing the setup of trading strategy that is based on technical news /indicators/ pattern recognition/ trading signals in the trading system.
  • Analytical tools to carry on assessment of existing holdings if any market features and developments accordingly act on them.

Any day trading software will involve a one-time setup of trading strategy with setting the trading limits, and by putting the system on live data and letting it perform the trades.


One simple example. Suppose a stock ABC is dual-listed on both NASDAQ and NYSE stock exchanges. Now, you are looking for arbitrage opportunities and you find a day trading software available for it. So, you setup the following:

  • You will select ABC stock for arbitrage and select 2 markets (NASDAQ and NYSE) for trading
  • Supposing both legs of intraday trade costs you a total of 0.2 USD per share for commission and brokerage; you intend to look for price differentials between 2 markets in excess of that amount. You will set (let’s say 0.3 USD or maybe above) as the price differential –the software should execute an immediate sell and buy order only if the bid and ask prices on the 2 markets (NASDAQ and NYSE) are differing by 0.3 USD (or maybe more)
  • Now, you need to set the number of shares to be sold and bought in one order (let’s say 10,000 shares)

Let this setup go live.

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Day trading software reviews

Day trading software reviews

Posted by on Mar 28, 2015 in Day trading software reviews |



SiebertNet offers a simple to-utilize online stage where you can exchange the standard speculations, including stocks, options and bonds. It gives fundamental instruments to looking into and observing stocks, however it doesn’t have a percentage of the more refined devices that different administrations offer. Nonetheless, the greatest drawback to this administration is its charges, which are much higher than some other day exchanging programming administration we investigated. At the point when exchanging stocks, there is an expense of $14.96 every stock, which is the most noteworthy of any administration we inspected charges for a stock exchange. Likewise, there is a base request measure of $35, so even maybe a couple stock exchanges still cost $35. Some different administrations have a base, yet the base is by and large in the middle of $10 and $15. Options contracts are likewise pricier than with other administration at $1 or $2 every agreement, and base rate is fundamentally higher than whatever other administration at $35. For high-recurrence dealers, these charges will begin to include rapidly.



SpeedTrader’s charges are a portion of the least in the business, particularly in case that you keep a record equalization of over 25.000 dollars. The desktop application is adaptable and grants you to arrange exchanges, deal with your record and examination stocks. Then again, while you have admittance to standard devices, this day exchanging programming does need numerous progressive instruments and reports that different administrations offer, and portable exchanging is finite. The charge for exchanges is settled at $6.95 for brokers with record adjusts under 25.000 dollars, and that expense drops to $4.5 if your record equalization is above 25.000 dollars. For designed informal investors, as managed by the Financial Industry Regulatory Authority, you must keep up an equalization of 25.000 dollars notwithstanding, so high-recurrence brokers will probably effectively meet that base. The every agreement expense for options exchanging is $0.50, which is lower than numerous different administrations.





With a couple of diverse stages for day exchanging programming, SogoTrade offers decisions relying upon your exchanging inclination. For desktop applications, you can pick SogoTrader, the most essential with a solitary screen for exchanging stocks; you need to pick SogoOptions for stocks, options and ETFs. The last decision is SogoOnline, which is a thorough online stage for exchanging stocks, options and ETFs. Then again, none of these stages grant you to exchange higher hazard investment, and the administration does not offer different ventures, for example, securities and common trusts. SogoTrade offers low cost for stock exchanges, and that value discounts as you buy more. Provided that you exchange is under 150 stocks every quarter, every exchange is $5. When you exchange more than 150 every quarter, that value drops to just $3 every exchange. Options are situated at $5 every exchange in addition to an extra $0.50 every agreement, which is lower than what numerous administrations charge. For edge records and day exchanging on the edge, you must keep up in any event 2.000 dollars in your record, and for example informal investors who exchange more than four exchanges a moving five-day period, you must keep up at any rate 25.000 dollars in your record. This is commanded by the Financial Industry Regulation Authority. Edge rates begin at 6.85% and drop to 4.5% for records with offsets over 500.000 dollars.


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Day trading options – Strategies

Day trading options – Strategies

Posted by on Mar 28, 2015 in Day trading options |

The term “day trading” – used by people – means the act of buying and selling a stock in the same day. The thing is that day traders look for to make profits by controlling big amounts of capital in order to take benefit of small price movements in highly liquid indexes or stocks. In this article we are going to look at some common day trading strategies that could be used by traders. Now let’s take a look at what you should be focusing on when day trading options. The first thing is that it’s important to recognize 2 problems that usually occur when day trading options.

  • Too much Time Value. An option’s basic value is the difference between the strike price and the underlying asset’s price. But, new traders have to be conscious of time value. Time value is built into the option top quality and represents the market value of the time remaining on the option contract. The thing is that the time value part of the option premium can make up for gains seen in an option’s basic value.
  • High Bid-Ask Spreads. Liquidity is very important for day traders. But the options market has limited liquidity. That lack of liquidity results in bid-ask increases that are wider than those of the underlying assets. Now, high spreads cut straight into the profits of a typical day trade.
  • Simple-Day-Trading-Strategy-Trend-Line-Trading

Now, the question is – what should a day trader be looking for in an options day trade? Well, successful options day trades frequently have little time value and a delta close to -1.0 for puts and 1.0 for calls. The delta of an option is the relative amount of price change between the price of the option and the underlying asset. now, we are going to show you two types of options that are attractive to day traders:

  • Near month in-the-money options. Here, day traders seek near month in-the-money options of extremely high liquid stocks. Near month turns to options whose contracts run out at the end of the nearest month, and in-the-money options have moved past the strike price and may be used. Because in-the-money options move toward their expiration date, the option premium is based more on basic value. The effect of time value is minimized when this happens. These types of options are greatly traded, which translates to smaller bid-ask spreads and a greater liquidity.


The Protective Put. In here, some of the day traders going to continue to trade the same stock option over a few months. And these types of traders look to capitalize on short upside moves. Day traders trying to deal with risk can purchase a put option on that stock in order to defend against any theatrical downturns in the stock’s value. Now, traders have to pay a premium on the defensive put, but if the stock quickly declines in value they have the capability to limit their losses.

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