Mac using day traders

Discussion in 'Community Discussion' started by jkaz, Mar 16, 2005.

  1. jkaz macrumors 6502

    Joined:
    Feb 3, 2004
    Location:
    Upper Mid West
    #1
    I've been getting curious about day trading and was wondering where to get started for software that tracks stocks, etc.



    Anyone know of any free applications that can get me started?

    I've used sherlock some and i'm hoping to find something with a little more gusto.

    Thanks!
     
  2. oldschool macrumors 65816

    oldschool

    Joined:
    Sep 30, 2003
    #2
    if you're doing real daytrading you need actual daytrading software, and i don't know what that is, but for general trading, and streaming quotes, there are lots of websites out there. you don't need actual software for that sort of thing.
     
  3. Hoef macrumors 6502a

    Hoef

    Joined:
    Jul 11, 2004
    Location:
    Houston, TX..... (keep walking)
    #3
    There are some good fellow traders on this board ~shards for instance .... There is really day trading eg software that places orders for you, technical analysis, etc... And then there is trading (not necessarily day). I found finance.yahoo.com very easy in that respect.
     
  4. Vector macrumors 6502a

    Vector

    Joined:
    Feb 13, 2002
    #4
    Both Shard and i have posted numerous times about stocks and software, try looking for some of those posts using the search feature.

    As i mentioned in one of those posts, there are professional trading solutions out there for Macs, but they are very expensive just like they are on the Windows side. You can easily daytrade without any fancy software. All that software is going to do if you are a beginner is cut into your margins with high rates and confuse the hell out of you with a ton of options, indicators, oscillators, retracement tools, etc.

    I recommend that you set up an account with an online broker like ameritrade or etrade that has free real-time quotes and charting. Daytrading is all about charting and predicting reversals. The only things you need to do this is real-time charts, fast order entry, a few simple indicators, and patience.

    I have daytraded for the last 5 years and actively trade options, and all i use are some free charting services for long term charts, ameritrade's real-time trading software (free to all clients), and the knowledge i have gained from reading lots about candlestick charting, patterns, and resistance/support.

    Read up on simpe technical analysis using candlesticks, learn the patterns and what they indicate, and figure out resistance and support levels for the stocks you want to trade.

    You should find a small number of stocks that you can easily keep track of. They must have good daily volumes (>1mil) and be volatile enough for intraday trading.

    If you have anymore questions please ask.

    Here are some sites that where you can learn more about charting and screening for patterns:

    Stock Charts.com - has lots of great pattern screens for free, and a large collection of educational material

    StockConsultant.com - helps easily identify key support/resistance levels
     
  5. Jachim macrumors newbie

    Joined:
    May 4, 2006
    #5
    Etrade and safari

    I was wandering if any one knows how to configure safari to run etrade. It keeps giving me "Sorry the document has not completed loading. Please try again." I have heard you need to enable java and something about activeX.

    Any suggestions

    Jake
     

Share This Page