Best Stock Trading Platform for Day Trading

Best Trading Platform For Day Traders, Best Stock Trading Platform for Day Trading – Day Trading Tutorial.

[ad_1]

Best Stock Trading Platform for Day Trading:
For day trading stocks or CFDs, you need to choose the best day trading platform. The day trading platform is the trader’s pipeline to the market. The trading platform must be fast, effective, and reliable. It does not need to be overly sophisticated, because such platforms tend to be slow and cumbersome to operate.
Have you ever seen a race car driver’s cockpit? If not, you’re likely to be disappointed the first time you do. We tend to assume that race car drivers need special, smart controls with a whole gaggle of electronic devices. But the opposite is true: these drivers need very little. What these drivers need most are speed, agility, and dependability. The same is true of the day trading platform. Don’t look for unnecessary platform “toys.” Just like the race car driver, you need a fast, dependable foundation. In the long run, the trading process is based on just three buttons: Buy, Sell, and Short.
The Best Trading Platform is a Direct-Access Platform
Not all brokers or trading platforms are suited to a professional day trader. “Online brokers” cater to long-term investors by providing web-based platforms. “Direct-access brokers” provide downloadable trading platforms that allow stock and CFD traders to send orders quickly and directly to any target. Unlike web-based trading platforms, “direct-access trading platforms” can be installed on a trader’s home computer, where they provide faster execution, more features, and easier configuration than most web-based tools.
To be a successful day trader, you must work only with direct-access brokers and trading platforms. A direct-access trading platform lets the trader route buy and sell orders directly to the stock exchange computer or directly to a CFD broker. The trading platform you will use also must include charting, which will help you follow stock prices in real time.
Choose the Best Stock Trading Platform
In summary, the best trading platform must:
• be of the direct access type, allowing you to buy or sell stocks or CFDs directly to market makers and ECNs. or to a range of automated systems.
• be installed on your computer (i.e., not web-based), because only installed programs are fast, reliable, and extensively configurable.
• be simple and user-friendly, with the ability to simultaneously display at least 20 different charts over several screens.
• provide the ability to save your selected screen configurations.

There are too many trading platforms to mention here, but one that adapts well to novice traders and experienced traders alike is called Colmex Pro Trader (www.colmexpro.com). This well-respected platform is a real “cockpit” for stock trading, with a few extras, but no unnecessary bells and whistles. This platform is offered to US residents via our funded accounts program and to non-US residents here.
———————————————————————————————————
Subscribe for NEW You Tube trading lesson here: https://youtube.com/user/TradenetGlobalUK?sub_confirmation=1
———————————————————————————————————
Helpful links:

Join my trading group: Get education & a Funded Account:
http://www.tradenet.com/join-funded-accounts/?affiliate_id=35955&affiliate_org=2&web_page=&placement=&campaign_id=7010O000000fKjw

Watch my FREE live You Tube streaming Trading Room: https://www.youtube.com/c/TradenetGlobalUK/live

Join a FREE 14 day trial in my live Trading Room: https://www.tradenet.com/14-day-free-trial/?affiliate_id=35955&affiliate_org=2&web_page=&placement=&campaign_id=7010O000000fKjw

Watch all my lessons here: https://www.youtube.com/playlist?list=PLb9tmPwCEfFjZWiIEYa4BfF4BZX0F0mWz

View the FREE “Part one” of my trading book “The Market Whisperer” here: http://books.tradenet.com/

Buy my best selling book at Amazon:

Open a Colmex account (Non-US residents): https://services.colmexpro.com/registration/start.aspx

Watch all my day trading live videos at: http://www.youtube.com/user/TradenetGlobalUK/videos

Contact Tradenet: info@tradenet.com
Contact Meir Barak: meir.barak@tradenet.com
Visit our website: www.tradenet.com
Germany: www.tradenet.de

, Best Trading Platform For Day Traders

Day Trading Tutorial Best Stock Trading Platform for Day Trading.

[ad_2]

Get Relevant Videos Relevant to Day Trading Tutorial.

The foreign exchange market is desirable for part-time investors due to the fact that it runs for 24-hour and also is continuously in flux, offering ample possibilities to make revenues at any kind of factor in the day.

However, the foreign exchange market is extremely volatile. This makes it risky for all investors, particularly the part-time trader, if the proper approach is not carried out. Approaches such as trading details currency sets that are at play during the times of day you can trade, checking out longer durations, implementing rate activity techniques and also utilizing technology will contribute to the success of part-time foreign exchange investors. Threat tolerance, take advantage of and also time perspective (from per hour to regular) need to additionally be considered for any kind of trader’s more comprehensive approach.

Altogether, these components are an integral part of any kind of trading approach, whether the focus is on short- or long-lasting gains.