Using eSignal Trading Software
eSignal is one of the more popular stock trading software platforms available but God knows why. It is more expensive then most of the other options out there, and all you’re really paying for is the brand name. When I tried the eSignal software it slowed down my whole computer to the point where it almost crashed, and that was just the start of my bad experience.
eSignal Trading Software
Other people I have talked to have had similar experiences. From what I’ve heard and read some people have had such severe problems that stocks queries have generated almost the opposite results ending in disastrous trades. Problems like this can with how you set up your eSignal stock trading software can be experienced by have just one basic setting incorrect. If anything bugs me more than having to go back through looking at every little detail trying to find my one mistake, it’s when it costs me a lot of money. It reminds me of finance class in University.
I think if you’re going to use this stock trading software you defiantly need to take a class that teaches you how to use it. eSignal is very unintuitive. It took me A LOT of time to learn to use it even at a very basic level. I don’t know why anyone would use eSignal over DecisionBar, which is extremely easy to use. Sometimes people just have a sever desire to make things a lot harder then they actually have to be… I guess is that’s your style then eSignal is for you.
Don’t take my word for is. Here’s what Amy R. from San Diego California had to say about eSignal trading software:
It’s crap like this that pisses me off during the weekends. eSignal is more stressful than trading itself.
I used eSignal (among other services) back in my prop days. Their cost was unjustifiable then, and now that they are raising it even higher, it is just purely exorbitant. Other providers can do the same for a half, a third, or even a quarter of what they charge. Paying for eSignal services is like buying a stock with a PE of 200 – yes you can brag about it at a party but will it necessarily give you the required rate of return?
The other thing I really don’t like about eSignal is all the stupid ad on features that you have to pay more and more to get. To really use the system you need all the features, which could cost you sever hundreds of dollars a month, as opposed to Worden Telechart 2007 where even the platinum version costs just $89.99/mth. In terms of stock trading software eSignal falls short, you’ve be well advised to use Telechart.
I don’t know why people insist on using more difficult stock trading software like eSignal over simple things that are equally effective like Decision Bar trading software. But then again, why do people want to pay hundreds of dollars for eSignal trading software, when Worden Telechart 2007 is far more effective and cost efficient.
Mr. Dissapointed Said,
WORST $300 I ever spent…
Wow, I heard that eSignal wasn’t the best, but no one I talked to made it sound this bad. Glad I read this before I went in blind and bought the basic software and then got suckered into paying for all the features.
I too am a believer of keeping things as simple as possible and with charts and real time data going constantly that isn’t always the easiest job. Sounds like eSignal has the potential to shut you down before you even get the software up and running.
I don’t get why so many people don’t like eSignal and whine about it. There are so many programs that run so well with it and it really does fix several problems that they have in their own platforms. I have been using eSignal for as long as I can remember and it is actually what I was taught to use when I first got in the game.
If you like platforms that run independently of anything else, then this really isn’t for you. It only makes sense to use it when it is called for because it is kinda like a gap filler.
I think you hit the nail right on the head when you said that the only reason Esignal is so popular is because they obviously have a massive marketing budget, which in itself should be a red flag to potential clients. Any company that spends more on advertising than on the customer experience is going to disappoint. But they don’t care because they can always just buy new, uninformed customers to replace the ones that leave on a steady basis. I’m just thankful for sites like this one where a person can really contrast and compare the different programs so they don’t get fooled into buying junk like Esignal.
Forex Robots Said,
Well, that sounds not good. I was thinking about to use esignal for stock trading but i see i should do more research.
someonce have a better software to suggest than esignal ???
Among the popular stock trading software platforms I know, eSignal is probably the most expensive one. But in my opinion, there are other platforms that are way much better. It is like you are just paying for the brand name. I also read a lot of reviews that eSignal is popular because of the company’s massive marketing budget. At first, I thought it was justifiable to pay $300. I was glad that I read a couple of reviews first before committing any money. I guess there are a lot of better platforms available that are not that expensive.