Stock Market Trading Software

Your Online Trading Sources. Many investors really enjoy making their own trades and managing their own stock portfolios. And due to internet stock trade brokers and stock market trading software, self management of stock portfolios is a very real opportunity. Some retirees come to enjoy managing their own portfolio and investments as a way to fill some of their postretirement hours. One phrase that comes to mind is "Money is only a tool. It will take you wherever you wish to go, but it will not replace you as the driver." With stock market trading software, you are in the driver's seat.

One such software is called MarketBrowser and is free software with which you are able to monitor and research your investments. This software also tracks the equities market and the major currencies, (if you are into FOREX trading). The software can actually be downloaded to your own computer for the convenience of using it whenever you like. There is a privacy policy that you will want to read before downloading.

Then there is the AutoTrader Review, which has nothing whatsoever to do with the buying or selling of automobiles, but is software specifically for traders who wish to buy and sell equities, not automobiles. Don't be confused by the name.

There is also investment software for the Day Trader at daytradingrobot. Day trading is somewhat risky, however, and requires a certain talent to succeed. This writer is not recommending any certain software, just bringing the stock investor information about the fact that software is available online.

How expensive is online trading?

Trading with online brokers is different than having your own software for research and in some cases, online trades. The software you download is usually a real time look at what's happening at the moment in the various markets.

Utilize the downloadable stock market trading software. These will keep you informed regarding the direction your investments are taking for the day. There are some names in online stock brokering that you will recognize, such as Ameritrade, Scott-trade, just to name a couple. There is a cost involved in trading with either of these two brokers. You will be required to pay $7 for each stock purchase with Scott-trade. For example, if you want to buy 10 shares of a stock that is $15 per share, you will need to have settled funds available for trading of at least $157.00. $150 is for the cost of the 10 shares of stock and a $7 fee for the trade.

Settled funds are what you have in your account after a purchase or sale of stock has been requested. This settled amount usually takes 5 days to be reflected in your account. Research the stock trading software that is available on the internet. There is much to be learned and you have a real incentive to do so. These are your investments, made with your hard earned money and you have the most interest in their success.