Stock Market Trading Tool
Their Way or Your Way Most of the stock market trading tools require you to do it their way. Each person has his own tolerance as to how much his portfolio should drop and at what level he feels comfortable in doing trades. If you had at your fingertips 38 different parameter (price, growth, dividend, EPS, etc.) of each stock listed on the stock market then you could sort this information every night based on your buying and selling criterias. You would then have a stock market trading tool.
How often do you trade stocks? If you trade every day then you will need a watchlist tool into which you can put your stock. From there you will be able to monitor your gain/loss percent to better help you determine when to sell. You will also need a streaming tool during actual trading so you can see the instantaneous prices, bids, and asks values.
Another tool I find useful is a program which I use during trading whereby I can see the bid, ask, and size values. But this tool not only shows me the bid, ask, size, price values that are on the top of the stack but what the bid, ask, size, and prices that are waiting to be filled.
Stock Market Trading Tool Most large brokerage firms provide a stock market trading tool when you sign up to trade with them.
Check out Fidelity's Active Trader Pro as a stock market trading tool at:
fidelity.com
Now see the two pages below for my history of stocks under $10 and my live ongoing selections of stocks under $10
- Biggest Gainers for 2007 [Current Trades] Follow My Trades as they Happen
- Biggest Gainers [History] to build your confidence