Stock Trading Software Reviews

The worst and best in stock trading software

Archive for the ‘The Bad’ Category

Jul
04

ProphetStation Review

Posted by DeMerchant

After downloading a stock trading software into your PC, you are now with high hopes that your trading experience will yield into better results for your account. Excited as you are, you will try to open your software and follow the instructions mentioned at the beginning. Now, you are accessing the totality of the software, and you can see some of the promised feature in their raw status. However, you also noticed some hidden but major issues in the processes this software is undergoing. Much to your dismay, those issues hinder you from reaching success. After a couple of tries, you give up, close the software, and remove it from your PC.

Any trader can experience the above scenario if he is not reading a ProphetStation review before actually downloading this same software. As mentioned by so many review writers, they find this software tricky in the sense that it quickly covers the messes that the software performs with some of the stuffs you would not need as a trader. However, having a good background in ProphetStation can make you decide not to consider this option at all. Why?

Primarily, you can appreciate the fact that this software has its own streaming charts that update you with the current fluctuations in the stock market. However, so many failures and bad traits are included in this feature. The whole chart is so small that it irritates the eyes. You cannot do modifications in it since no option of that kind is available. In addition, the colors used for the charts are quite dull. Imagine analyzing small white letters against a black background. The charts are also not protected from crashes. The computer programmers may have failed in providing this feature an extra layer of protection. In that note, there is a great probability for you to experience backlogs even during the trading hours. The worst part could be that the streaming feature of these charts halts after 4:00 p.m. Yes, you cannot view the changes after that time. Since you are a trader 24-hours a day, this limitation is indeed a major problem. Secondly, the whole window used by this application has so many unnecessary divisions. Some said that advertisements use up almost half the window. Who can trade and analyze stocks in that window wherein too much distraction is available?  In addition to that, loading and reloading these windows can take you several minutes. As mentioned by a user, he waited for a good four minutes just to see the window once more. This is truly a waste of time.

Overall, ProphetStation cannot be as competitive as it may sound compared to other stock trading software. Its capacity to help you in your undertakings is limited and the quality of the results you may get is below the minimum standard. In this trail of thought, you can benefit only a bit from using this application. Some users even failed to benefit from it. If you do not want to experience the mentioned situation in the beginning of this article, you should make yourself alert at the features of ProphetStation that could just damage your trading career.

Jul
02

PremiereTrade AI Review

Posted by DeMerchant

Before buying anything, it would be better for you to keep some facts about the item that you intend to purchase. By doing this trick, you can either confirm your previous decision of buying the product or ignore that claim altogether. Indeed, getting a little background on the item you are eyeing to buy will make you feel more comfortable in the decision you are about to do. The same logic applies in seeking a stock trading software for your portfolio. Due to the increasing number of options in the Internet, many traders are finding themselves lost. However, if you know some of the traits that you need, the whole journey will be a breeze. This article will be focusing in analyzing one of the options available in the market, the PremiereTrade AI.

This product has the capacity to create a lot of assistance in your trading career primarily because of its number of tools and functionalities. Unlike the usual trading software, this program supports numerous tools to make all of your tasks easier to handle. This would include gathering inputs from the stock market and then analyzing them one by one. The charting capacity of this software is also enhanced by a number of tools that can further diversify the types of information posted in the charts. The AI Wizard can also help you in the basics of the manipulation of this program. With this added feature, you can learn how to use PremiereTrade AI in no time at all. The AI Wizard proposes some of the default settings in the software and the results of changing the configurations for your own trading business. After a week or so, you can definitely find yourself personalizing the settings of the software into your advantage.

Analyzing the stocks that you have will also be a piece of cake if you will use this software in assisting you. Because this system has a lot of spaces to spare, just typing the symbol of the stock provider that you have will give you an instant analysis of that option. With this, you do not need to compare your options into the rest of available ones manually. Moreover, knowing the time when to buy and when to sell your stocks is also a very easy task with PremiereTrade AI. You would just have to track the four charting windows of this program. When a stock turned green, you can now buy this stock for a profitable price. Red options, on the other hand, means that these options are ripe enough for other traders to buy. Overall, you can lead a very successful career in trading by keeping this software close to you.

As many PremiereTrade AI review writers mentioned, this platform can indeed make your trading experience more of a money-generating scheme rather than just a game of chance. Gaining income just by sitting in front of your monitor is a very attractive situation, and you can experience one by downloading your own copy of this application.

Jun
30

Position Cost Averaging Review

Posted by DeMerchant

With the span of only some years, stock trading reached fever pitch just recently. So many traders from all over the world tried their luck in this game of fortune and strategies. However, those who are reaping enough dollars to call themselves rich are not doing the strategies by themselves. If you are interested in gaining wealth by trading, this Position Cost Averaging review will help you see the benefits of the said program and the strategies that you can employ to reach trading success in the future.

Compared to other stocks trading software applications, this program implements the buy low – sell high strategy. As you may easily verify, having instant profits in your trading undertakings every time that you want to would mean buying low-priced stock options in the market and then selling them soon for a higher price. The more gap between the buying and the selling prices, the more profit you have. In that sense, Position Cost Averaging ensure you that your trading decisions in the future will contribute more income into your portfolio. How can this software do such? PCA creates unique buying and selling signals to update you whenever a stock is reaching low prices or a buyer wants to have a stock of yours for any price. In this way, you will never have to miss any chance in increasing your monetary investment. This software supports other features too and some of them can indeed help you cope in the increasing competition and the insurmountable volatility that the stock market is currently experiencing.

PCA has the capacity to reduce the risks of losses in your investments. At the very beginning, this program asks you to invest only half of your portfolio into the market. This is an essential step in trading, especially with the increased unpredictability of the market. With this additional feature, you can be sure that you can still have some money saved in your account even if the market failed to give you profits. In addition to that, PCA also locks the best stock positions in place to keep your profits flowing. Cycles are produced in managing the stock market and the equity prices. In these cycles, PCA locks in the profit chances until the next buyer is ready to get that stock option. With this technique, your stocks will gain more and more investors in due time and will then increase the profits that you can receive from each of it. Since the equity prices are also lowering, you can gain numerous shares for a lower average price. With this, the buy low – sell high strategy is complete. Position Cost Averaging indeed succeeded in making an enhancement in your long-term portfolio. Another capacity PCA has is its flexibility. This software can help any business deals that are in need of the buy low – sell high strategy. With the versatile parameters in the very installation of this software, the number of combinations that you ca do is simply infinite.

If you want to keep your investments earning, Position Cost Averaging may be the best software out there to make your dream a reality.

Jun
22

Optimal Trader Review

Posted by DeMerchant

2007 gave birth to the international version of Optimal Trader, a stock market trading software that was conceived to compete with today’s overanalyzed stock market.   Optimal Trader works with six models – one top model and five active models.  The improved software is now available in Stochastic Oscillator, StochasticInverse, RSI, Regression Analysis, MACD and Parabolic SAR.  Its portfolio optimization is a risk management tool that aids you to get the best portfolio of an individual asset and its expected returns.  This is a powerful easy to use tool in managing your investment risks.  Optimal Trader’s Top Model is composed of an artificial neural network that has the capacity to spot patterns in stock price development.  Optimal Trader’s combined analysis model put together the buy and sell signal of an active model in a single trading signal that results to a more stable buy and sell signal as opposed to single buy and sell signals.  It uses a customized moving average called OptAMA.  This removes delays and at the same time smoothes the noise effectively.  This results in clearer signals especially when the trend in the market is uncertain.  The OptAMA feature of the software helped in stabilizing these signals that results to clearer signal when trend is uncertain thereby assisting the trader in deciding whether to buy or to sell as the largest price differences happen at this crucial stage of market trading.

Optimal Trader’s Portfolio Scan is a feature that assists you in finding stocks that matches your investment need.   Although this feature is a basic service available online for free, Optimal Trader’s portfolio scan has its own advantages.  It can put together several criteria by just adding weights to each one based on its importance. A multiple price growth trend criteria can be included with different time ranges in the same portfolio scan, and other customized portfolio scan capability necessary in stock trading.

Optimal Trader’s report provides information on the latest trading signal, expected returns, win probability and current settings. If you choose to analyze the average return of your investment using the buy-and-hold strategy, you will have to do it by adjusting your settings under “Options/Best Models and Settings/Reports.”  However, you have to note that the estimated average of return values are only valid with current optimization period and current setting, after the optimized models, with the current trading horizon, and with current stock price behavior.

Traders analyze shares by analyzing such important information as financial state of the company and its market.  This is normally done via the traditional analysis, a tool that is reliable enough to explain stock market movement.  In the world of technical analysis, a common school of thought exists where they use the price volume history as the basis for their technical analysis, however, this takes time and before the market could even react upon this information, another price pattern occur, which makes their prediction a bit unreliable.  Since technical analysis is a way to making good profit when you are investing, it is best to learn more about it and to experiment on it before you trade seriously in the market.  A good look at an Optimal Trader review might also be of value to you.

Jun
20

Open Quant Review

Posted by DeMerchant

Since its conception in 1997, Open Quant trading framework is now being used by leading financial organizations around the world.  Open Quant is an Automated Trading System (ATS) Development Platform created under the Smart Quant financial data analysis and trading structure.  It strives to provide traders with an industrial tool strategy needed in trading with a viable profit in mind.  It features an upgrade path of its software program available from its website, real strategy software languages with no scripting, runs on compiled code that provides its users with high possible portfolio performance level system, multiple currency accounting and simulations, and hosts of other features.

Open Quant trading platform requires a tool such as Mat lab when doing a quantitative data analysis.  Developing your historical data would require 80% of your time but this would give you an analytical access to your market data.  A decision to whether re-adjust your portfolio at the end of the trading day would depend on your tracing loss and position closing orders in order to avoid risks.  Open Quant included in the framework all the blocks needed to build a trading a system.  Its macro script editor is made for quick prototyping.  A whole user front-end was included in the system. Once the macro editor begin running, you are automatically connected in a market data warehouse, where you can test your strategy anytime of the day.  This is truly a gem for stock market traders.

Open Quant’s simulated data feed can be carried on a virtual trade situation.  A historical tick data can be played back to imitate a real time market data feed.  This simulation will help you avoid risk of losses as this is tested prior to actual collection of executed portfolio orders thereby enhancing performance of one’s trading strategy.  This saves time as you only need to put your required blocks in the trading system as all standard blocks are already included.  Indeed a time saving tool for stock traders.

Prototyping is made quickly as all the things you need in your analysis are already incorporated in the system.  There is no need to worry about designing and testing new trading strategies.  Open Quant eliminates the factors that block analysis and trading.  The Implementation Wizard of the program will help you focus on making profit as your trading ideas will always be included in the system using this wizard. Whether Open Quant is a gem found in this cut throat competing software world is for you to know and to find out.  All you have to do is go to their website and register and take advantage of their 30-day evaluation period of this software program and there you would see if this really is another Open Quant review worth your time, money and effort.  As they say, a good software provider would always allow their products to be tested for free – that is when you know if they mean serious business. Make sure to read varios reviews in order to know more about the software.

Jun
18

NexTrend Review

Posted by DeMerchant

NexTrend, a stocks charting software has been around for more than 18 years, providing traders around the world with the best tool for their stock trading and investments needs.  It has the capacity to update stock prices daily with real time news and information that can easily be understood.  If you are a trader who wants advanced and up-to-date charts and research tools then this is the software for you.  NexTrend LE is provided for free to customers who want to see for themselves the value of this software.  NexTrend’s developer spent millions of dollars in building this software program to make sure that this stays on top of the trading software market today.

Spending millions of dollars mean that NexTrend is loaded with all the tools necessary in guiding its users in earning a very viable profit from the stock market today.  Some features include real time data analyses, scanning, and electronic direct access trading (EDAT). EDAT Montage Windows covers the American Stock Exchange, New York Stock Exchange, OTC and NASDAQ.  It offers customers basic and advanced bar graphs and charts, technical market indicators, Dow Jones alerts, and other valuable features.  Its EDAT system allows its traders and their clients to customize and control their back office and front end trading profile.  The data feed, though gets busy at times, is still a reliable data source. Still, NexTrend users find it to be user friendly as they manage their portfolio.  Its scan chart feature and technical support team makes it popular among the traders in the market.  NexTrend’s developer not only strived to make their software package on tip top shape, but also made it affordable to customers.  The Market Scan feature is included for free. Users can link the result of the scan to stock quotes, real time news, technical analysis, and other basic links.

Among NexTrend’s notable features include its linking capability where it can create multiple scans that can be directly linked to other NexTrend windows.  The Fundamental and Technical Analysis features search the market for such important technical information as stocks, Dow Jones Indices and others.  Live Scan alerts the trader to hot stocks before other traders could even know it.  It allows the trader to link to the other stock charts in real time news, technical studies and other alarms.  NexTrend’s technical support program includes training videos that are available at their website for free.  Although, the program can be used without running the video, tons of important information is available on these training videos so it is suggested that clients take some time off to see it.  NexTrend software includes an almost complete “Help” that answers the user’s questions.  The response of their customer care personnel on questions via e-mail and telephone calls would however depend on the volume of these questions.

Everyday, new software programs are developed that add to the burgeoning number of software provider in the market, as most merchants say, “mea culpa” this is where a closer look at an effective NexTrend review might come in handy.

Jun
18

NeuroShell Trader Review

Posted by DeMerchant

NeuroShell Trader uses the combination of traditional and artificial intelligence techniques that one could combine to create computerized trading models.  There are three versions of this software in the market.  There is the basic NeroShell Trader that uses only the daily, weekly, or the monthly bars containing more than 800 indicators and neural networks.  It has an Indicator Wizard, a Prediction Wizard and a Trading Strategy Wizard.  The NeroShell Trader Professional is the same as the NeuroShell Trader, but unlike the first one, it has genetic algorithm optimizer and some advanced indicators such as wavelets, principal component analysis and fast Fourier transforms. Templates for indicators, predictions and trading strategies can now be saved using this version.  The third version is the NeuroShell Day Trader professional.  This version can now display the data bars in real time.  Whether one is better than the other version depends on the user’s needs.  A NeuroShell Trader review may be of help to someone thinking of buying one of these stock trading software.

Whichever of these NeuroShell versions you use, one thing to remember is that these are chart based – this means that charts are its key component.  Multiple charts can be opened all at the same time. Target instruments may not necessarily be all stocks, but can be FOREX pairs, commodities, or E-minis options.  The charts’ data streams may be plotted or hidden from the window.  Other data streams may also be inserted and will be available in each chart folio.  Another data streams included in the program is the indicator.  The Indicator Wizard allows a trader to insert indicators such as the spread between each target stock or the strength between the target stocks on the chart. This can be built without using complex programming or special program language.  Just point and click to create new indicators from the existing charts.  Another feature of the NeuroShell Trading is the Trading Strategy Wizard.  A tool that helps one in entering trading rules without using any algorithmic programming language. Once completed, this will show the historical movement of the stocks being traded.  The Prediction Wizard on the other hand predicts future value of a data stream. For advance users, limitless possibilities await them with all the features of this software.

NeuroShell Trader prides itself with loads of technical support assistance. From readily available queues from their customer service telephone operators to free videos to get one started.  Not to mention the technical support website made available for their customers to a web forum of the product, all these and more in their technical support program. They would even give your money back if you are not happy with the product.

Despite all these claims from NeuroShell Trader, not everyone is happy with the program.  One member of an internet forum claims that it was not easy to learn the program while others claim that it helped them increase profit by 10% to 20%.  At the end of the day, the truth remains that neural and genetic algorithms are not the solution but rather a tool that would help one validate his perceived advantage.

Jun
14

Strategy Runner Review

Posted by DeMerchant

Strategy Runner’s popularity in the trading market cannot be denied, given the number of investors and traders who claim being loyal to it. Such situation is not surprising considering the reputation of the people behind the software. In a market dominated by claims regarding clean-cut tailoring of features for each trader, Strategy Runner steps us and proves itself to be one of the good picks.

Point and click feature is an essential tool of active traders when it comes to software utilization, and the Strategy Runner wisely banked on this by continuously developing its interface. While other programs give false promises with their flaws in lagging and buffering, Strategy Runner seems to have made sure that its above average maneuverability is consistent with all other elements within the interface. Traders can make a sell or purchase so conveniently they can literally do everything with just a click. The software puts a premium on delivering charts. If compared to offers of other brands, Strategy Runner can surely rank in the upper five, given its ability to provide a comprehensive and professional charting package without asking for periodical dues. The scope of the software’s historical and real time charts can fall between good and flawless and is really geared in accompanying traders to make the best possible financial returns.

A dozen of software does what Strategy Runner does, but the quality of this software’s platform can only be leveled to perhaps 3 to 5 of the best automated trading software programs in the market. Its graphics and user-friendliness are strongly cemented together, generating a trading experience unique to every investor. Filled in the software is an array of customizable features, the extents of which so vast that the platform can be more of a vessel of self-expression. A Strategy Runner review can tell you its ability to allow its users to personalize everything inside the trading platform, from the color and type of the charts to the periodical division of data, from the intervals of charting information to the colors of the frames, from the type of indicators to the visual orientation of the features.

With a program that sells automation of trading, embracing new and developing high-tech offers are not surprising. Strategy Runner shows this through a unique server-based architecture that allows users to speedily and almost effortlessly execute trading decisions online. Not disregarding the potentials of mobile devices, the software too has developed mobile phone software that can be linked to and similarly utilized like the computer-based platform. Adding to this is Strategy Runner’s user-restricted hub online, allowing investors to be updated with continuing progress of the platform and solicit advice and troubleshooting tips when confronted with technical errors. Ultimately, what makes the software appealing to most traders is not so much of the offerings but of the creators who stand by it no matter what. Unlike other software trading companies who let their users suffer and drown in long, boring, and complicated FAQ pages and manuals, Strategy Runner offers a 24-hour hotline that can easily address user concerns and inquiries.

Jun
10

MT Predictor Review

Posted by DeMerchant

The MT Predictor is a stock trading software application specifically programmed in order to help cater the tastes and needs of the modern day stock trader.  If you are looking for a reliable software tool that is worth your money, then this is the right software for you since it will be able to deliver the most accurate pieces of stock information that you will need in order to earn that much needed cash in this fast paced and immediately changing trading environment.  This software will surely be able to lessen any possible risk that you may encounter in buying, selling or trading stocks.  If you want to transact your stock dealings with minimal risk, then this is the right software for you to use as of this moment.

This MT Predictor boasts in its ability to forecast any possible changes that can affect the prices of the most bought stocks in the stock market today.  It can handle huge amounts of data and can process it into reliable and accurate information in the form of tables, charts, graphs, tabulations and comparisons, indicating any possible fluctuation or sudden rise or fall with regard to the price of the stocks in question automatically, with little or no user intervention at all.  If you want to cut out on your trading losses and have more run on your stock profits then this is truly the right stock trading software application that you need.  Have access to real time and up to date information within seconds thanks to this one of a kind software tool.

If you want to master any form of trading whether it is with regard to stock trading, futures trading, options trading, currency trading or forex trading, then this MT Predictor is the best multi-functional trading software that you can avail yourself of in this modern day and age.  You will be able to learn all of the circles in the trading world.  The software itself can provide you with the timeliest tips that can determine you future as a stock trader.  Be ahead from your competitors with the aid of this innovative software weapon.  Do not be left behind by other inexperienced and experienced stock traders that have tried this software for themselves!

An MT Predictor Review will yield positive result.  This is due to the fact that this is really one of the most helpful and developmental software that has hit the stock market in the past five years. The best part here is that it will do most of the work processes for you whilst you spend your time with your family, friends and loved ones.  All you need is a couple of hours a day just to check the software plus additional minutes if there are any important news of updates that need your attention.  The software will find your trade for you, assess the risk for you, determine your current trading position and even determine the right exit plan for you, thus making it worthy of a positive review.

Jun
08

Rapid-Jet-Trade-Plus Review

Posted by DeMerchant

The Rapid-Jet-Trade-Plus system is another stock trading software application specifically engineered in order to serve all of the needs of both veteran and beginner stock traders alike in their goal of gaining thousands and thousands of dollars as they buy, sell and trade stocks in the stock market today.  It contains numerous features such as automatic and real time updates regarding stock prices, the most current and up to date stock news and detection of any possible fluctuation that may greatly affect the rise or fall of the price of a particular stock. Also, it has tables, charts and other figures comparing the most promising stocks together with its price and possible prices and other critically thought features and capabilities never before seen in other stock trading software available as of the present.

With the Rapid-Jet-Trade-Plus system, you can sit back, relax and bond with your family, friends and loved ones since it will do all the hard work for you!  All of the computations, charts, tables, graphs, comparisons and other pertinent stock trading tasks will be accomplished without consuming much of your time each day!  At the beginning and at the end of the stock day all you need to give is a mere 20 minutes of your time in order to check for any fluctuation or alert that can earn you thousands of dollars in the next day!  No more spending 6 to 8 hours just doing all of those computations and comparisons manually.  Let the rapid jet system take care of everything for you every stock-trading day that you indulge yourself into!

All you need to have is a personal computer specifically dedicated into stock trading, the installer of Rapid-Jet-Trade-Plus system and a powerful internet connection with high speed data transfers and you are good to go.  Just leave your computer with the software running and you will be automatically prompted if there are any important alerts or concerns that you need to immediately address.  If there is none, you can just do other things and wait until the end of the trading day where you will be needing 20 minutes or less in order to browse and check for updates, current stock events and the like.  Even while you are sleeping, this innovative software application will be able to handle any and all kinds of stock trading task that comes its way each and every time.

A recent Rapid-Jet-Trade Plus review indicates that it is good stock trading software.  It is reliable and it boasts of accuracy in all of the data and information that it handles.  It is very easy to use.  In fact even the beginners with regard to computer usage can use it since it has a very informative and friendly tutorial and a step-by-step user’s manual in order to help stock traders master its utilization.  It is also worth it for the money that will be used in order to purchase it, rendering it worthy of a positive review while taking all of its benefits and advantages into consideration in this day and age.