Intraday charts subscription - alternative?

This is a discussion on Intraday charts subscription - alternative? within the First Steps forums, part of the New Traders category; As I'm starting out, I don't want to subscribe to intraday/real time charts but am I doomed without such tools? ...

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Old May 7, 2004, 12:14pm   #1
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Default Intraday charts subscription - alternative?

As I'm starting out, I don't want to subscribe to intraday/real time charts but am I doomed without such tools? I know yahoo or FT or certain others have so-called intraday charts but they're pretty poor.
Should I stop being a cheapskate - will I only benefit if I put my hand in my pocket?
Best regards to all.
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Old May 7, 2004, 12:20pm   #2
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Default Re: Intraday charts subscription - alternative?

Sharkfin

I think the experts will reply that it depends on what you want to trade and the time frame that you want to trade in

Before you shell out have you tried trading using any of the free sites untill you build up some experience?

Regards

bracke
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Old May 7, 2004, 12:57pm   #3
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Default Re: Intraday charts subscription - alternative?

check out www.thetradingedge.co.uk for free live charts etc
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Old May 7, 2004, 1:29pm   #4
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Default Re: Intraday charts subscription - alternative?

Sharkfin,

What are you wanting to trade ?


Paul
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Old May 8, 2004, 6:26am   #5
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Default Re: Intraday charts subscription - alternative?

Sharkfin,

Unless you are intending to day trade would you not be better just to start on EOD.
You can get some of this data for free.

Iain
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Old May 9, 2004, 8:51am   #6
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Default Re: Intraday charts subscription - alternative?

Sharkfin started this thread Iain - what's EOD? Hope you're a Rovers fan (sorry, trading purists - I know it's not a football site).
DC - cheers mate. Will try it.
Bracke - you may have seen me "observing" and the occasional post on the FTSE Indices thread. My first excursions into trading have been on the Intraday and monthly FTSE/Dow. Obviously, I've tried to clean up some of my losses through some oil money!!
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Old May 9, 2004, 9:11am   #7
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Default Re: Intraday charts subscription - alternative?

EOD = End of day


Paul
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Old May 9, 2004, 9:26am   #8
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Default Re: Intraday charts subscription - alternative?

Sharkfin

I do not think that you need to buy software and streaming data to trade the monthly indices.
The time frame allows you to use free sites to follow your trades.

If you want to trade on an intraday basis you could do so but would have difficulty if you want to follow the market closely and employ technical analysis to analyse entry and exit points.

I am not a day trader as such perhaps if there are others who do day trade without TA software and streaming data they could let us know how they operate.

Regards

bracke
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