Why DTL Direct-Trader Day Trading Software?


Posted April 8, 2013 by deckd19

Day traders can gain or lose thousands in a matter of minutes; it can be a rewarding game of chance with high earnings, but it can also be stressful and hand-wrenching, so finding powerful day trading software is pivotal to your success.

 
Day traders can gain or lose thousands in a matter of minutes; it can be a rewarding game of chance with high earnings, but it can also be stressful and hand-wrenching, so finding powerful day trading software is pivotal to your success.
DTL Direct-Trader day trading software provides a platform for fast trading and instant market research. DTL trading service provider also offers trading education, access to brokers, instant order execution, charting tools, mobile phone alerts and more.
Here are a few tools DTL Direct-Trader day trading software provides to help you maximize your gains:
Day Trading Platform
DTL Direct-Trader day trading software platforms offer tools for testing out trading strategies, back testing, charting trends, creating watch lists and executing trades.
Real-Time Market Information
DTL Direct-Trader day trading software can connect you to the latest market news through live news feeds, commentary and articles from stock data feed services.
Mobile Phone Apps and Alerts
Staying abreast of all trends and the status of your orders is absolutely critical; currently DTL day trading services are offering SMS alerts or mobile phone apps that can interact with their software.
Access to a Variety of Markets
DTL Direct-Trader day trading programs can provide you access to FOREX trading, stock and option trading and more.
A note on pricing, many programs offer pricing either per month or a full license for ownership. However, keep in mind that in order to utilize the software you may have to pay for a data service to populate your charts and provide you real-time stock information and news. In addition, many may also require that you have a separate broker or online broker to conduct trades. Some software providers offer these services themselves; others use external services for executing trades.
Day trading requires quick yet educated decisions; DTL Direct-Trader day trading software can help you make fast choices regarding which orders to execute and when to back away. With a little luck, informed choices and a powerful day trading program, you have a chance at winning the fast-paced day trading game.
What to Look for in Day Trading Software
Day trading is, by nature, complex, so the programs that can execute them are also complex. Because trading platforms can provide volumes of analytic information, complex charting tools and can potentially help you make thousand dollar decisions, it is imperative that you find a trading tool that works best for you.
Below are the criteria I use to evaluate day trading software:
Charting/Tools
The best day trading programs provide powerful tools for creating charts, such as for charting the historical trend of a stock. We looked for trading software that provides helpful tools like watch lists, alerts, simulated trading, back testing, alerts and more.
Market Data Services Supported
Day trading software must be linked with either a free or subscription-based data service to provide up-to-date market information. Many offer limited free historical data and can sync with a variety of fee-based market data services for real-time stock market data.
Stock Trading Service Supported
This criterion refers to the selection of stock trading services that can either directly buy/sell stock through the software or compatible brokerages.
Mobile Tools
Day traders execute trades in less than a day or even in a few minutes, so it is essential to have on-the-spot information. To accomplish this, some trading services are starting to offer SMS alerts or mobile phone apps. In the future, we would like to see more mobile phone apps offered through day trading software.
Resources
Day trading is dicey; it is necessary that day trading software and services come with ample documentation for beginning traders as well as for trading pros. We looked for services that provide active forums, blogs, tax information, seminars and much more.
Help/Support
Trading software is complicated, so it is absolutely necessary that the software provider offer extensive support. We looked for providers that offer thorough help documentation, email support, chat/IM support and telephone support.

DTL Direct-Trader ticks all of the above boxes and offers expert support to assist Day Traders in their trading success.
DTL Direct-Trader : Professional Trading Solutions Since 2004. Visit www.directtrader.net.
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Issued By florida
Country Angola
Categories Finance
Tags direct trader , directtrader , dtl , dtl direct trader , dtl directtrader , dtl directtrader system , dtl directtrader
Last Updated April 8, 2013