An important task when considering a DTL Direct-Trader trading software package is to make sure it meets your needs, matches your trading style and has the flexibility of being customised to your preferences.
When reviewing a DTL Direct-Trader stock software package, we evaluate them according to the following features:
Stock Charting and Analysis
The capability of viewing charts on selected stocks is absolutely paramount for the active investor or trader. It allows the trader to select and trade stocks that have favorable technical patterns. DTL Direct-Trader stock software packages come with a stock charting and analysis feature that offers a variety of chart types and accommodates different trader preferences.
Stock Portfolio Tools
DTL Direct-Trader stock software packages offer tools that can be used to effectively manage stock portfolios. The trader needs to easily be able to create watch lists as well as set specific stock alerts. It is important for the trader to be able to view portfolio details such as the latest quotes as well as the ability to generate portfolio profit and loss reports.
Searching Capabilities
Of course, one of the bigger tasks an active trader must perform is searching the universe of stocks for potential opportunities. DTL Direct-Trader has this type of feature that allows traders to identify stocks that align with their personal trading strategies. In addition, DTL Direct-Trader stock software packages allow the filtered search results to be saved for charting. This feature is absolutely necessary for traders that wish to conduct their own research.
System Testing
For the system-based trader a system testing function is a very important feature. The trader needs to be able to develop trading systems that can be tested over any time period, for performance and profitability. DTL Direct-Trader has a robust system trading tool that allows the trader to create combinations of entry and exit triggers as well as trading stops.
Technical Indicators
DTL Direct-Trader stock software packages offer an abundance of technical studies and indicators to facilitate the locating of potential trade setups. This is a key software attribute as it helps in making prudent trade decisions. Technical indicators impact the quality of many other features of the software package like charting, system testing and searching.
Help & Support
No matter the software package, it is always important that the user has an avenue where technical or user related questions can be resolved. DTL Direct-Trader offers one-to-one support that is timely, effective and informative.
The bottom line when evaluating stock software packages is to make sure it meets the trader's needs. This means that the flow and functionality of the software should facilitate a trader's stock analysis as well as the ability to easily come to a trading decision. DTL Direct-Trader assists traders in choosing a stock software package tailored to their needs. Their software exceeds all the above guidelines, allowing DTL Direct-Trader to work successfully with clients of all levels of experience.