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ProphetStation Review
The ProphetStation stock market software was created by ProphetStation Financial Systems, Inc. which lets traders organize their positions in a minute-by-minute interval. This stock market application is also an online workstation for individual traders; it was made simple for easier use. The Prophet’s proprietary data feed is made use by the ProphetStation stock market software for a more reliable, faster retrieval of market data. Investors also have the ability to schedule their trades which will help them earn more profit.
There are several customized layouts to choose from. Data can also be asked or bid upon. The last execute price can be seen and studies are constantly updated. Investors has the ability to organize and manage their own portfolios, intraday charts live access, technical indicators and historical charts. All of these can be done in real-time.
The historical charts offer and an Interactive Prophet Javacharts though it is useful, it cannot be accessed during market hours. It seems like that the website is busy or is not responding fast enough.
It offers more indices to choose favorites and watch how the big market moves. Notification for price changes or any activity concerning the price is also displayed. This, price alerts are ideal for limits, buying opportunities and stops. The user can also randomly choose particular exchanges he opts to perform a trade.
Issues with the ProphetStation stock market software:
Even if the ProphetStation stock market software produces great charts, there are still several issues with it.
1. The streaming charts are not that strong. During market hours the streaming charts commonly hang or crash.
2. There is a huge time delay when refreshing and loading the program. Delay time is approximately four minutes and more for dial-up services.
3. Advertisements take up almost half of the screen. Which in turn uses up a large part of the real estate.
4. The application does not operate on a 24/7 basis. Streaming stops after four o’clock in the afternoon. Worst part is that there are no notifications that the streaming will be stopped. This, results to operations being cancelled or not closed.
5. When creating charts, it must be done carefully or one wrong move will lead to more problems.
6. There are options included that are really not needed like for example volume, log scale and defaults.
7. Streaming charts have a set schedule which is from 9:30 am to 4:00 pm. And the stream is started manually which is another form of inconvenience for the user.
8. Charts work perfectly when it is used after market hours or when the streaming has stopped.
Even though there are several issues with the ProphetStation stock market software, they still provide customer service to address problems experienced with software. Overall, the ProphetStation stock market software is suitable for individual traders or investors who base their trading using simple principles.
As a bonus, the company has created the ProphetStation Partners program. This program enables clients to earn from referrals which will help increase income.
Prophet Station is awesome! If you have to get something, buy this program, you can even use it when you are not there. For those who are serious about trading, but have lives and things to do elsewhere, this program is a lifesaver.
Most everything can be done online, and you can even set it up so that trades are made when you are not around to do them yourself!
I usually use it with another program though, as I haven’t found a single program that gives me everything I need and want. For the communication and mobile aspects though, it is definitely worth it and worth attaching to another software program you are more comfortable using.
Yikes, this one sounds like a leap of faith, to be completely honest. With streaming charts that crash and slow server speeds and issues it just sounds like a lot to deal with. I understand that there is some upside to this program but when weighed in the balance I’m not sure it would be worth the money. Also you said that the interface is covered with ads and marketing material – that’s the last thing I want to see when I’m hanging onto the edge of my chair and wondering if the limit sell order went through. I think I’ll keep looking.
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