Comments on: 8. Software http://www.freetradingsystems.org Design your own profitable trading system. Mon, 02 Jan 2012 11:45:43 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: john http://www.freetradingsystems.org/8-software/comment-page-1/#comment-15244 john Sun, 18 Dec 2011 00:14:34 +0000 http://www.freetradingsystems.org/blog/?page_id=42#comment-15244 but all the charting software and addons wont make you a successful trader. what will? in my opinion,,, first begin with spotting the trend; is it going to make hier hi's or lowr hi's. or lowr high's and lowr lows... which way is the market swinging? is the tide going in or out? then learn to spot support and resistance... can it go higher or not? third, look for the beginning middle and end of the up move or down move. Elliot Wave type stufff. finally learn to spot the setup patterns... and you will see the patterns with in the waves fighting for s/r to make the swing hi's or swing lo's .. but all the charting software and addons wont make you a successful trader.
what will?
in my opinion,,,
first begin with spotting the trend; is it going to make hier hi’s or lowr hi’s. or lowr high’s and lowr lows… which way is the market swinging? is the tide going in or out?
then learn to spot support and resistance… can it go higher or not?
third, look for the beginning middle and end of the up move or down move. Elliot Wave type stufff.
finally learn to spot the setup patterns…
and you will see the patterns with in the waves fighting for s/r to make the swing hi’s or swing lo’s ..

]]> By: john http://www.freetradingsystems.org/8-software/comment-page-1/#comment-15242 john Sun, 18 Dec 2011 00:06:51 +0000 http://www.freetradingsystems.org/blog/?page_id=42#comment-15242 zenfire with ninjatrader is optimal for trading. I also like IB for data and trading platform, for beginner to intermediate. charting platform, WAVE59, is real nice too. zenfire with ninjatrader is optimal for trading.
I also like IB for data and trading platform, for beginner to intermediate.
charting platform, WAVE59, is real nice too.

]]> By: David Jenyns http://www.freetradingsystems.org/8-software/comment-page-1/#comment-8862 David Jenyns Sun, 31 Jul 2011 00:32:08 +0000 http://www.freetradingsystems.org/blog/?page_id=42#comment-8862 Hey Kelly, We use MetaStock... haven't really tested many other in great detail. Can't really comment on this one. Just follow the guidelines in this chapter and you'll be on the right track. Your Trading Coach, Dave Hey Kelly,

We use MetaStock… haven’t really tested many other in great detail. Can’t really comment on this one. Just follow the guidelines in this chapter and you’ll be on the right track.

Your Trading Coach,
Dave

]]> By: Kelly http://www.freetradingsystems.org/8-software/comment-page-1/#comment-8850 Kelly Sat, 30 Jul 2011 16:13:49 +0000 http://www.freetradingsystems.org/blog/?page_id=42#comment-8850 Hi Dave, Again, can't thank you enough enough for all this wonderful info... May I ask your opinion on software: "Stockfinder by Worden"? I've heard good things about it. thnx, Kelly Hi Dave,
Again, can’t thank you enough enough for all this wonderful info…

May I ask your opinion on software: “Stockfinder by Worden”?
I’ve heard good things about it.

thnx,
Kelly

]]> By: David Jenyns http://www.freetradingsystems.org/8-software/comment-page-1/#comment-8045 David Jenyns Sat, 25 Jun 2011 03:02:42 +0000 http://www.freetradingsystems.org/blog/?page_id=42#comment-8045 Hi Jide, it doesn't matter where you get access to a charting package... if the broker's platform gives you the charting functions you need - I say go for it. Your Trading Coach, Dave Hi Jide, it doesn’t matter where you get access to a charting package… if the broker’s platform gives you the charting functions you need – I say go for it.

Your Trading Coach,
Dave

]]> By: Jide http://www.freetradingsystems.org/8-software/comment-page-1/#comment-7976 Jide Tue, 21 Jun 2011 13:48:48 +0000 http://www.freetradingsystems.org/blog/?page_id=42#comment-7976 Hii, Thanks for the good work. Iam just wondering whether as a new trader do we really need a charting software. Think the Brokers always have one or two on their site. Hii,

Thanks for the good work. Iam just wondering whether as a new trader do we really need a charting software. Think the Brokers always have one or two on their site.

]]> By: David Jenyns http://www.freetradingsystems.org/8-software/comment-page-1/#comment-591 David Jenyns Tue, 10 Nov 2009 11:36:45 +0000 http://www.freetradingsystems.org/blog/?page_id=42#comment-591 Hi Jim, I agree, the RSC is an extremely powerful tool when used correctly. For others wanting to learn more about the strategy check out: http://www.youtube.com/watch?v=wEypGm5ahCI Thanks for the reminder. Your Trading Coach, David Jenyns Hi Jim,

I agree, the RSC is an extremely powerful tool when used correctly. For others wanting to learn more about the strategy check out:
http://www.youtube.com/watch?v=wEypGm5ahCI

Thanks for the reminder.

Your Trading Coach,
David Jenyns

]]> By: Jim B http://www.freetradingsystems.org/8-software/comment-page-1/#comment-588 Jim B Tue, 10 Nov 2009 03:24:40 +0000 http://www.freetradingsystems.org/blog/?page_id=42#comment-588 David, One requirement you have not included is RSC. This ability sesma essential to me and was one of the reasons I came back to MetaStock, David,

One requirement you have not included is RSC. This ability sesma essential to me and was one of the reasons I came back to MetaStock,

]]> By: David Jenyns http://www.freetradingsystems.org/8-software/comment-page-1/#comment-357 David Jenyns Sun, 04 Oct 2009 22:50:33 +0000 http://www.freetradingsystems.org/blog/?page_id=42#comment-357 Hi Mohamad, #1. Yes MetaStock provides a Forex solution and you don't have to use the quote center... check out www.equis.com for more info. #2. My expertise is with MetaStock so I haven't really done much work with quotecenter or MetaTrader. It doesn't really matter so much what you use, just as long as you have something in place. Your Trading Coach, David Jenyns Hi Mohamad,

#1. Yes MetaStock provides a Forex solution and you don’t have to use the quote center… check out http://www.equis.com for more info.

#2. My expertise is with MetaStock so I haven’t really done much work with quotecenter or MetaTrader. It doesn’t really matter so much what you use, just as long as you have something in place.

Your Trading Coach,

David Jenyns

]]> By: Mohamad Osama http://www.freetradingsystems.org/8-software/comment-page-1/#comment-355 Mohamad Osama Sun, 04 Oct 2009 13:28:30 +0000 http://www.freetradingsystems.org/blog/?page_id=42#comment-355 First of all thanks a million David for your more than great & supportive efforts, but one question actually, I'm mainly trading FOREX, do MetaStock provide the ability to work on live FOREX charts, and do I have to work based on quotecenter or there another provider? Some of my friends likes much e-signal & I mainly work on Metatrader, what is your opinion about both? Thanks you again David :) First of all thanks a million David for your more than great & supportive efforts, but one question actually, I’m mainly trading FOREX, do MetaStock provide the ability to work on live FOREX charts, and do I have to work based on quotecenter or there another provider? Some of my friends likes much e-signal & I mainly work on Metatrader, what is your opinion about both? Thanks you again David :)

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