Continue reading...Computer applications have made it easy to automate trading, especially for short term intensive activities like day trading, making the usage of trading software very popular. The debate continues on the profit potential which can be realistically derived from day trading activities, as brokerage and commissions are said to take away the major portion of available profit potential. It thus becomes very important to select the right day trading software with a cost benefit analysis, assessment of its applicability to individual trading needs/ strategies, as well as the features and functions you need.
Day trading is a time bound trading activity where buy or sell positions are taken and closed on the same trading day, with an aim to make profits in smaller price differentials on large order volumes by frequent buying and selling, usually on leverage.
What is day trading software? Day trading software is an automated computer program, usually provided by brokerage firms to...
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