You know that saying a bad carpenter never blames his tools.. well maybe its the same for trading?
At the moment I only have a optionsxpress a/c which doesn't have a great deal in the way of charting stuff, but I like their virtual trading platform.
For charts I just use about 10 stockcharts.com tabs in firefox and prophet.net for intraday and long term 10+ years so I can gloss over that.
Stockcharts only lets you plot 3 indicators per chart and I use dailies so I need about 3 three-month charts and another 3-4 six month daily charts.
Here's what I look for:
Does the stock bounce off any of the moving averages more than three times (significant?)
Is ULT o/s when Williams is o/s?
Is slow stochastic oversold when the above is true?
Is the stochastic nice and "smooth" i.e rounded and curved
I only have a notebook and LCD tv that I use as a media centre but run firefox off aswell..
Should I look into some paid tools like esnignal?
Thanks
At the moment I only have a optionsxpress a/c which doesn't have a great deal in the way of charting stuff, but I like their virtual trading platform.
For charts I just use about 10 stockcharts.com tabs in firefox and prophet.net for intraday and long term 10+ years so I can gloss over that.
Stockcharts only lets you plot 3 indicators per chart and I use dailies so I need about 3 three-month charts and another 3-4 six month daily charts.
Here's what I look for:
Does the stock bounce off any of the moving averages more than three times (significant?)
Is ULT o/s when Williams is o/s?
Is slow stochastic oversold when the above is true?
Is the stochastic nice and "smooth" i.e rounded and curved
I only have a notebook and LCD tv that I use as a media centre but run firefox off aswell..
Should I look into some paid tools like esnignal?
Thanks