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Worden Telechart Gold vs. Worden Telechart Platinum
Worden Telechart 2007 is almost undeniably one of the best pieces of stock trading software available on the market. The real debate comes in the form of the decision people are faced with making between Worden Telechart Gold and Worden Telechart Platinum. I’ll go through the benefits of each and make it clear which option may be the choice best suited for your needs.
Both Worden Telechart Gold and Worden Telechart Platinum are both excellent pieces of stock trading software. It’s hard to call anything about Telechart 2007 a “weakness” but if there is any advantage that Telechart Gold has over Telechart PlatinumTelechart Gold it is price. They really both are bargains, but Telechart Platinum is $60/mth more then , and what person in their right mind wants to spend $60/mth that they don’t have to.
Ok now here are the extra benefits you get with the upgraded Telechart Platinum version of the Worden Telechart 2007 software:
-Add Streaming real-time charts in TeleChart 2007, filtered with AccuTick technology.
-Improve your end-of-day trading with the added technical detail of hourly, half-hour, and 15-minute per bar intraday charts.
-Immerse yourself in the best learning environment for beginning and intermediate traders. Ask almost any market-related question in live chat and other users will answer.
-Run your favorite charts past Peter Worden during his regular visits to live chat.
-Share and borrow charts, indicators, WatchLists, and scan results among the whole community or your own small club. There’s no better way to pick up new ideas or to get an honest 3rd-party appraisal of your own analysis.
-Take in a steady agenda of online events like Live Audio Chart Shows from Peter Worden & other expert traders, live QQQQ-trading chat, and weekend club meetings.
-Study real-time news and analyst commentary from more than 40 sources, neatly archived – with no extra newsfeed fees
-Gain key advantages during market hours – including exclusive real-time sorts, live-updating minute & tick charts, and multi-monitor support.
And as usual don’t take my word for it about the additional benefits of Worden Telchart Platinum:
D.H. – Brookside, NJ
What I appreciate about Telechart Platinum is that there is some sense of community, some caring for the newcomer who is almost certain to pay a price for his learning experience just as the rest of us had to pay for ours. It is also evident in your reports. There is no other product or service that I purchase where those who purvey it show as much concern as you do for the constant education of its users. Thank you for that.
D.K. – Albuquerque, NM
Thanks much! Drawn to Telechart Platinum by the real-time data, I’ve been slow to use the other multifaceted aspects of this service. But it’s very obvious TC2007 is strongly directed towards getting users really savvy about TA, etc.
Anyway the benefits of Worden Telechart Platinum are numerous over it’s smaller brother Worden Telechart Gold, however, carefully evaluate the benifits and see if you really need the additional features. If it’s worth the extra money to you then get Telechart Platinum, if not the get Telechart Gold, the main thing is no trader can be without Worden Telechart 2007 stock trading software. For your free month trial click below:
A great post on the benefits of Telechart 2007. I personally use platinum and think it’s worth every panny.
[...] Corporation is similar to Worden’s TeleChart 2007. It certainly has all the features of Worden TeleChart Platinum and more, but it comes with a much heftier price tag as well. If you are a serious trader this is [...]
a friend of mine showed me some website called ig index where he does minute by minute decisions for currency trading. does this software do anything like that?
sorry, i am clueless when it comes to trading!
Hi Andy,
This software just tracks stocks. I believe IG index actually lets you trade currency leveraged. So you could in theory do the same thing with Worden Telechart Platinum, and a brokerage firm that lets you trade on a margin. Thanks for the ?
So it seems that the only real tracking benefit the Platinum has over the Gold is the real time feature. The other stuff; chats, news and commentary, club meetings etc. won’t necessarily improve the tracking.
I think I will try the trial for Worden Telechart Gold and see how that goes for a month before I make any decisions, but I really don’t see the point in paying and extra $60 for the ability to chat.
I have heard though that Telechart is perfect for keeping track of past sales in order to improve future sales. Have you found the software beneficial for this at all and what should I be watching for?
Now that I read this comparison I am not sure which version of Worden I tried, but the one I did use I didn’t like. It always seemed like it fell short and failed me at some point. I can’t believe that a simple upgrade would change things much since the basic platform setting of Worden is what I have a problem with.
The extra chat option and all that aren’t really necessary, but they would be nice to have when I need help with something. The commentary and news feeds I can get on my own for free though so that really doesn’t matter.
From what you’ve said here and other reviews I’ve read it would appear that the platinum membership is well worth the extra money. It amounts to only an extra $2 a day yet you get so much more value for the money. The ability to interact in the community is the biggest bonus and cannot be overstated. By learning from other’s mistakes and getting a more objective viewpoint on your trades and charts you will become a better trader and ultimately make more money more quickly. Add in the ability to personally interact with Peter Worden in chat and the upgrade is a no-brainer.
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