Strictly Buy and Sell Set Ups Message Board

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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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To: pppp who wrote (6644)	12/17/2005 7:15:22 PM
From: chowder	of 13449

I suppose it would depend on what you wanted out of a software package. It is not the ideal tool for day traders. It does not have a 2 minute chart or a 180 minute chart, which a lot of day traders like to have. I subscribe to the real time version and I use 5 minute and 15 minute charts for my intraday trades. I'm only looking for one or two trades per day, per stock. I'm not looking for 5 or 6 trades on the same stock. It is a great tool for organizing and scanning, if you know how to write your own scans. I have 12 chart settings locked in and with a simple touch of a key, I can get 12 different views of a stock with just touching a key. In seconds I can run across my broad spectrum of charts. They have all of the industries organized so, if I wanted to look at the oil & gas drilling and exploration sector for example, I can pull up those 47 companies in that sector and with a simple touch of the space bar, move from one company to the next. Touch the space bar and the next company shows up. There are many clubs you can join (no charge), based on the type of trader you are and you have real time chat within those clubs. I get to see live chart shows where some people will present an analysis in real time on submitted stocks. Worden was one example. I like the live chart shows from Dave Elliot of Wallstreetteachers.com. Steven Bigalow who wrote a couple of books on candlestick charting has live chart shows. There are others. I don't follow the real time chat or follow the stocks they are all watching but it's there for those who like that sort of thing. The strength of the software is it's scanning capabilities if you can write your own scans. I would rate them about an 8 on a scale of 1 to 10, based on my needs. Here is the screen. This picture couldn't capture all of it but, you can see the features at least. ttrader.com (You'll need to move it to the right to see all of it.) dabum

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