http://www.stocktradingsoftwarereviews.org/transact-review/ The worst and best in stock trading software Wed, 10 Mar 2010 19:26:07 +0000 hourly 1 http://www.stocktradingsoftwarereviews.org/transact-review/comment-page-1/#comment-753 Chip Fri, 05 Feb 2010 20:44:53 +0000 http://www.stocktradingsoftwarereviews.org/?p=309#comment-753 Transact is really designed with the futures trader in mind, and that’s perfectly fine, but traders who tend to focus more on stocks and options might be better served to try something else first. People usually lump all types of equities in together, but there are completely different strategies for different kinds of markets. For example, the options market is more about hedging risk or taking hail mary shots at the endzone. Options can give you an incredible amount of leverage in either direction, and overnight 10-baggers are not uncommon. On the flip side, some people will always buy a few puts when they go long on a stock, that way if it goes the wrong way on them they will still be able to make money on the puts. Transact is really designed with the futures trader in mind, and that’s perfectly fine, but traders who tend to focus more on stocks and options might be better served to try something else first. People usually lump all types of equities in together, but there are completely different strategies for different kinds of markets. For example, the options market is more about hedging risk or taking hail mary shots at the endzone. Options can give you an incredible amount of leverage in either direction, and overnight 10-baggers are not uncommon. On the flip side, some people will always buy a few puts when they go long on a stock, that way if it goes the wrong way on them they will still be able to make money on the puts.

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