Trading software is any software which helps you trade the stock market. This can be anything from trading systems, trading indicators or even the trading platform you use to see your charts.
Our Day Trading Software is known as the DayTraderOne, it is designed for the day trader (someone who professionally trades all day long) as it has all the features you would expect from day trading software. It has entry and exit signals, a signal to show you when the market is ranging and not a good time to enter and a trailing stop which also highlights key support and resistance areas. We use the DayTraderOne in most of our day trading, using it mainly on Forex and US Indices but also on US Stocks.
To Use the DayTraderOne you will need to have time to trade it. One of the advantages of day trading is very small stops because its used on such small time frames, a typical Forex trade has a 10 point stop with a 50 point first target.
Our Swing Trading Software is known as the Home Trading System. This is the first software which Chris created back in 2008. It also has Buy and Sell Signals and a Trailing Stop. The Home Trading System is designed for Swing Traders or people in a full-time job without the time to day trade.
The Home Trading System is incredibly easy to use, it generates a buy or sell signal with a stop and you enter it into your broker, then every day it will give you a new stop to update into your broker until you get an exit signal.
It was designed while Chris was still in a full-time job and it gave him the finances and confidence in trading to be able to leave his high paid IT job to become a full-time trader. The System is fully designed for someone with little time to trade each day, it can even email you as potential trades set up so you can get in the trades from your mobile phone.
The Home Trading System is still the system we use today to make all of our swing trades and long-term investments.