What Stock Market Software To Buy

When you start off trading it is difficult to get your head around all the quotes, symbols and terminology used in everyday stock market trading. Many people prefer to avail of software to help with their picks. The so called “real traders” will tell you that software couldn’t possibly compete with highly advanced analytical mind of a day trader, but, lets face it, stock market traders are full of it.

When trading stock you need to have a system to work by. That is exactly what stock market software does. In most cases where traders use stock market software the following steps are used presuming that you already have an online stock broker account set up:

1. Receive stock picks from stock picking software
2. Take the picks and check quotes, news reports, volume information and research
3. Narrow the picks down to a stock you are interested in trading
4. Place an order with your online stock broker
5. Wait for a sell signal from the stock picking software and sell for a profit

The above list might seem over simplified but that is exactly how its done.

Choosing the Right Software

This is where it gets tricky. There are so many stock picking providers out there offering their services that its difficult to choose one with reasonable subscription fees. Some charge a hefty sum for their service and others require a once off payment.

Here are three providers of stock picking services with relatively low sign up costs:

Stock Assault 2.0

Stock Assault 2.0 is software developed with the short term trader in mind. The software is left to run for about an hour each day and provides a list of stock picks the night before or early in the morning before markets open. When it comes time to sell the stock you have bought, the software indicates your exit point. Sell orders from the software are designed to be placed before the markets open.

Price $57

One off payment

No subscription

Optional Diamond edition for frequent traders

More info…..

Doubling Stocks

Doubling Stocks is software designed to provide the user with penny stock picks. Results show that this system is accurate and reliable. The only drawback, if any, is that you don’t actually own the software. The stock picks are sent to you via e-mail before markets open and you place the order with your broker.

Price $47

One off payment

More info…..

Dream Tai

This is another piece of software that you simply download to your computer and leave to process stock charts and symbols. Dream Tai will then indicate when and what to buy and sell the stock.

Price $19.99

One off payment

No subscription

More info…..

For $3 stock trades sign up free at Sogotrade

No More Stock Market Guesswork

Online Stock Trading in the 21st Century

For years stock trading has been portrayed as an activity that only the elite take part in. Others will tell you that stock trading is a “mugs game” and to stay clear of it completely. The truth is that stock trading is something that almost anyone can take part in provided you have enough time to study the basics and develop the right mindset to make sensible decisions when it comes the time to invest your money. Here I am gong to show you how easy it has become for anyone from anywhere in the world can begin to make considerable amounts of money trading stock, not in the traditional way but by using the wonderful advancements in technology, namely, Online Stock Trading.


Advancement in Stock trading
When you think of stock trading and the stock market you will probably have the image of hundreds of traders shouting prices and tearing their hair out, as television depicts. It may surprise you to hear that stock trading on the internet has become the popular method of trading stocks from home and without the need for a conventional broker.


The modern practice of trading goes like this; sign up for an online trading account with one of the many online stock brokers, fund your account, study what stock you would like to buy and place the market order with your broker. They will buy the stock for you and most brokers offer investment advice if required, but for an additional fee. If you feel confident that you can manage your portfolio without professional advice, which can prove expensive I might add, most online brokers offer free tools to assist you with market research such as historical charts, real time stock quotes and educational videos.


Tracking a company’s performance is essential if you are trading short term by checking charts and graphs. If, however, you intend to keep the stock for a longer period of time such as 5 years or more, you will need to check the performance of the stock monthly to ensure that the company hasn’t sustained considerable losses that could affect the value of your investment.


Taking the Guesswork out of Trading
Online stock brokers may have many valuable tools and services available to their customers, but remember that they are really only out to make money from your account with them. How do they make money from you? From monthly/quarterly account maintenance fees, commissions on each trade you make ($9.99 in most cases), account inactivity fees and other hidden charges. I am not going to go much deeper into the broker side of trading, what I am talking about is Stock Trading Software. Stock trading software has been around for years, usually used by banks and other financial institutions to predict market fluctuations and future stock prices; it has been available to the general public in recent years. There are many companies offering this software for sale online for reasonably low prices.


The software is downloaded to your computer and allowed to run for a period of time everyday with access to the internet. It will process stock prices, charts and market changes and eventually produce a stock pick for you to invest in. You then place a market order with your online broker for the desired number of shares you want to purchase. The stock trading software will then continue to process information and monitor the stock pick it gave you until it’s sure that you can sell the stock for a profit.


So what the stock trading software is actually doing is taking the guesswork out of stock trading. Al you need to do is leave the software to run for an hour a day, wait for a stock pick and then buy that stock using your online stock broker account, then selling the stock for a profit when the software tells you to.


It is as simple as that. But there is always that small chance that share prices will suddenly drop before you get a chance to sell them; this is where your stop loss order saves the day. It is essential to set your stop loss with your broker before making a stock purchase. This will ensure that your stock will be automatically sold once the share price drops below a certain price.




Take a look at the Stock Trading Software I use on a daily basis to earn a living from home, its a product I really trust and it delivers consistantly. You can turn stock trading into your main source of income with one piece of software.

For Beginners stock market tips and tricks visit the Online Stock Trading Blog.

Stock Market Definitions- 8 Terms Every Trader Needs to Know

If you are thinking about investing in the stock market but are confused by the many stock market terms used, then you will want to read on. Once you learn the most commonly used terms you will be able to make sense of the investment news you hear and the articles you read on stock market investing.

Stocks

Stocks are the publicly sold and traded shares of companies. If you own a share of a stock then you have a portion of ownership of that company who issued the stock. Stockholders are entitled to vote in stockholder meetings and are given advance notice of upcoming mergers, splits and the release of new stock shares.

Dividends

If a company experiences a particularly profitable quarter, additional payments are made to the stockholder, this is called a dividend. The stockholder then has the option of cashing the dividend or reinvesting the money automatically depending on the value of the dividend paid to the stockholder.

Bonds

Similar to stocks, bonds are usually issued by governments and are issued with a specific date at which they reach maturity. Once this date is reached the bonds are cashed out at their current value and paid to each bond holder. The longer a bond holder owns a bond, the greater the amount of money accumulated before the date of maturity.

Futures

Futures are, in a way, similar to stocks but are purchased against the future cost of commodities. If the actual price of the commodities is higher than the amount initially paid for the futures when futures mature, you make money. Money is lost on futures when the price of the futures, when mature, is lower than the amount paid initially.

Bull or Bear Market

This is a term used to describe trends in the stock market. A bull market indicates optimism among traders and will involve a rise in stocks over an extended period of time. A bear market is the opposite, meaning stock prices fall over an extended period of time and indicates a pessimistic market.

Index Trading

Index trading involves trading groups of stocks based on commodities or sectors of the market. Common indices include the gold market, the diamond market, healthcare, technology sectors and others.

Splits

Splits are a way for companies to reduce the value of individual stocks without reducing the value of the stocks as a whole. A common type of split involves a share of stock being split into two shares and is called a two-for one split. This will double the total amount of shares without affecting the amount invested, making an individual share worth half of its previous value. For a stockholder this bears no difference apart from owning twice as many shares but with the same amount invested.

Trading on Margin

Trading on margin occurs when you purchase stock shares for a fraction of the actual price and paying the remainder upon sale of the stock. The broker used for the trade must have your margin portion of the cost before placing the order, this is typically 50% of the price of the stock being purchased.