Best Day Trading Software

Posts Tagged ‘target’

Hello everybody,

I would like to develop a POS software and then afterwards market it (locally for the moment and internationally afterwards). The software will target medium businesses like video clubs, small shops, pharmacies etc.. not something that is too complex but still is able to manage the business’s stock properly and to generate reports for the user.

I would like your suggestions about:
1) the technology that I should use (should be free and reliable).
2) the legal aspects that I should consider.
3) the requirements that I should take into considerations.
4) marketting strategies.

I would appreciate of anything else that will be helpful for me.

Alos, if you have previous experience about developing such a product, please let me know about the cost, effort and time taken to put it on the market.

Thanking you in advance for you help.

Cheers!

Technorati Tags: cheers, Develop Software, Hello, legal aspects, Marketting, medium businesses, pharmacies, pos software, Software Market, stock, target, video clubs

• What do you think about daytrading? I'm 24 and in college for engineering. I'm very good a math and the charts and technical analysis comes very very easy to me. I have been using www.freestockcharts.com to paper trade. Although I am good with charts, I feel too confident with everyone saying that it is so risky......
• I'm a successfull businessman with a great life...? I have 9 cars, about 10 houses, 3 of which i forgot where they are.. haha! I have a beautiful wife and 2 kids that are valedictorians of seperate schools and have numerous trophies in sports. I'm a boss of a successfull business firm. My workers trust me and the......
• How to learn to do stock trades? It will be my first time to do stock trading online through Zecco.com. I don't want to take a risk until I know what I'm doin. Can Anyone tell me how to do trade stocks and what to look for so I can be a succesful trader. Also I need......
• Pattern Day Trader Rule: Little Clarity Available? Hello everyone. I am needing some help here with understanding the PDT regs. The question that I have is not addressed in any of the Series 7 or 66 books that I have. I recently completed day trades on two days out of the last 5 business days, one on......
• Can I make money, day trading on the stock market? I am a teenager about to graduate high school. I am very interested in the medical field but don't know if I am smart enough to join in on it. My dad is in the stock market and is the day trading type. He gets a hold of a Forbes......
• Does Abrecrombie and Holister have duty taxes on them? I am from Canada and will be gong to Belligham, Washington for shopping. I was wondering if Abrecrombie and Fitch, Holister and Aeropostal have duty taxes on them? I heard there was some fair trade thing that allows certain products and stores to not have duties for canadians? I will......
• Anybody knows a software or programming which works to sort out share trading price from a list of companies? Hi everybody there. I want to keep records of Daily Share prices. I have list of around 1800 plus companies from which i have sorted out for example say 500 companies. I download daily price and trading quantity of 1800plus companies and have to sit and work out to delete......

• Saturday Lotto AU 22Million The current Lotto Jackpot of $22 million makes playing lotto excellent value, as the true odds of winning the jackpot are around 8.5million to 1. There will probably be a few low numbers come up today, with a few coming from the last few draws, and at least 2 numbers......
• man's face hair? I asked a question yesterday what should I do because my face always hurts after shaving, someone said use a face cream that doesn't require a razor. I tried it, it didn't work very well on my face, actually a lot better on my stomach, I tested it on my......
• Herbal Magic, is it worth spending all that $$$? I had a consultation today with someone at herbal magic, it seems good and I have never been so motivated to lose weight, but is it really worth it? I haven't joined yet, but left spending on 2 different pills, one that will cost a week the other a month,......
• Wednesday Lotto AU 750K Today's draw has some potential, as mentioned in the Monday draw comments: Soon to come: A draw where ALL numbers will come from only the last 4-7 draws!! Also look for all small numbers (under 33) to come in one of the next few draws. There is a good possibility......
• Widgi Creek Golf Club, Bend, OR Widgi Creek Golf Club is located in: Bend, OR Phone: (541) 382-4449 Website: http://www.widgi.com/golf/hours.cfm Course History: This is a great place to stop if you will be in the Bend, OR area. We fell in love with this course and can't wait to go back. It is extremely beautiful and......
• the man i love/live with gets nasty when he drinks? I'm 40, he's 45..both attracive, both divorced. we met a year ago through an internet dating service. We lived 3 1/2 hours apart, dated for 4 months and then i moved to where he is. 70% of the time he is a sweetheart. but there are times when he gets......
• Wednesday Lotto AU 750K Today's NSW Lotto is not a lot easier than Monday's. With most numbers looking to come from those within the last 10 draws, and at least 3 or 4 numbers from within 5 draws. Previous draw the Saliu ANY Filters were: 1+ 3+ 6+ 7+ 9+ 16+ All PLUS, strongly......

Technorati Tags: american cultural imperialism, American Culture, Business Expansion, conflict prevention, cultural norms, economist magazine, france quebec, Global Impact, golden arches east, golden arches theory, invasion of panama, james l watson, Kansai, kansai region, kansai region of japan, lebanon war, Mac Index, maccas, maccer, Macky, Mcdo, Mcdonaldization, purchasing power parity, restaurants and institutions, sinopec china, stanford university press, target, thomas friedman, world currencies

• Would I Make a good President Of The United States? Never made over 20,000 dollars, I have the ability to Understand People. Believe everyone deserves oppurtunity and should have a job. would do this as a President, First to boost the economy, I rescend the 787 billion for Government projects because government projects only stimulate government power. As part of......
• What is China doing that’s any different than what Tiger Woods is doing? A powerful and dangerous force has been unleashed on the global economy. It’s a new source of skilled labor that has put American workers at a competitive disadvantage — and no one knows just how many jobs have already been lost because of it. The U.S. is running a huge......
• can SOME1 EXPLAIN THIS PLEASE?? =]PLS EXPLAIN LONG BUT UNDERSTANDABLE AND EXPLAINABLE.? Oil touches 3 a barrel: Oil prices briefly surpassed 3 a barrel for the first time Friday as persistent weakness in the U.S. dollar and the prospect of lower interest rates attracted fresh money to the oil market. Light, sweet crude for April delivery on the New York Mercantile Exchange......
• Is political Leadership a Myth ? In this dreadful election season, many politicians have promised to "lead us into the future." I can hardly think of a worse fate for any society than to be led into the future by the political class of gangsters, marauders, looters, and liars. Even the most honest and well-intended among......
• Basics Of Stock Market Investing If you would like to have your stock order be entered right away with just a few clicks on the computer mouse, then you should choose online stock trading to accomplish this particular task. Compared with the traditional method, you do not have to communicate with your broker in which......
• Online Brokers and OTC/Pink Sheet/Foreign Stocks? I signed up for Sharebuilder and Scottrade accounts, but neither will let me buy the securities that I want to buy. Which online broker has the widest selection of OTC/Pink Sheet stocks? Does any discount online broker besides E Trade offer foreign market investment? I've heard bad things about E......
• West too jealous that china is within touching distance of being the biggest superpower? i believe all this hoo-haa about boycotts and threats to the olympics by the western world are genuine fears deep down in their hearts, that china is almost unstoppable economically, and growing at a stunning pace in military and political power.the jewish people which control the US are not getting......

(Note: I have real money experience with options going back to 2000, first covered calls in my IRA and then long calls in my cash account though no day trading experience with real money. I have the 25K to park in an account to satisfy the pattern day trader rules and another 10K to make the actual contract purchases.)

I have a job that allows me to keep an eye on the real time stock market. Starting in January I started playing with the Virtual Trading engine at OptionXpress, daytrading options on SPY. My strategy is rather modest; I buy 5-10 ITM contracts, either put or call depending on market direction, and sell when I see the trend reverse. I chose 10 contracts because I believe that with an order size that small, if I submit a sell order at the bid it should fill immediately unless the market is moving very fast allowing me to lock in a profit if the trend reverses. I open one position at a time, I never leave my desk with an open position and I am 100% cash at market close every day. I use SPY because being a basket of 500 stocks it is buffered from sudden drastic moves in price giving me time to get out of a position with minimal loss if the price goes the wrong way on me. My immediate goal is 0 after commissions per round trip, a target that requires only a {content}.15 move in option price. I don’t always guess right on direction, 4 out of 5 is typical, and I am netting between 0 and 0 a day on 6-7 round trips. My 00 initial play money stake has grown to about ,000 since 1/19 when I started doing this seriously. I won’t get rich doing this but over the course of a year that is an extra person’s worth of income for my family. If it lets me do nothing more than pay off my house and fund future college for my 3 kids it is worth it.

Now that I have proven to myself that this seems to be a reasonable strategy I am trying to understand what I can do better and am now in the area of "I don’t know what I don’t know." I know about Level 2 quotes but if these are something that can help me I am not clear how to use them. I know that there are all sorts of indicators that technical traders use but I don’t know if these scale down to the day trading level. I know about the existence of the Greeks, and while I understand roughly what the numbers and equations mean, I don’t know if these will help me on positions lasting 15 minutes or less.

My main interest in posting this question is to find out if there are tools I can use to help me make better choices about getting in or out of a position or tell me more about what the market is doing. This strategy seems to be working okay and if I can translate this to real money I will consider myself successful. I don’t want to be greedy but I certainly would like to know if I can do what I am already doing more effectively.

I spent time on 888options and optionetics.com but it seems much of the content out there deals with strategies like spreads, butterflies and condors, things that simply don’t apply to what I am doing. I know there are options day traders, even some specializing in SPY, who read these questions, and I’d be appreciative if I even had a list of books or even just some things to go research and learn about that you have found helpful in your experience.

Thanks for reading this far and any help y’all provide.
I definitely understand the problem with fills; in fact, I asked a question about that here the other day. I had noticed that I could put in a sell at a price like 3.10 and a minute later see a bid/ask spread of 3.15/3.20 with my sell order still open. My only thought was "What the ****?!" I was told by another answerer that in reality, on an order that small an ask below the bid would never stay open on something as liquid as SPY.
Regarding filling at the mid, on SPY I could live with this. The options on SPY move enough intraday that even if every buy order filled at the ask and and sold at the bid I’d still make money because I am looking for moves of .15 on options that can move .30 or more in a short time. I’ve gotten good enough at picking the trend direction that I will buy options that are 3 or 4 points ITM. This gets me my .15 or more move with only a small move in the price of SPY.

Technorati Tags: 25k, commissions, contract purchases, contracts, covered calls, day trading, daytrading options, ira, Job, market direction, minimal loss, Money 97, money experience, open position, option price, pattern day trader, play money, quot, real money, Real Time Stock, spy, Stock Market, target, Trading Options, Trend, virtual trading, wrong way

• Should I not waste my time doing the stock market/real estate investing? I'm making 90k per year after taxes, and I'm only 25. Should i just invest it in CDs and 401k? I want to retire around age 45 and travel around the world and just have fun. Also i'm not a big spender expensive stuff, i drive a used car, and......
• what do you think of these numbers canada? Why Canada Should Legalize Marijuana By: Peter BeckI -------------------------------------------------------------------------------- I have many vices. Pot, however, is not one of them. I don’t smoke the stuff, and never have, but I don’t sit in judgment either. Recently, I started looking at what could happen to the Canadian economy if we didn’t......
• Is there a limit to how much money you can make trading currencies (Forex) ? Well, let's say you have a scalping strategy that can make you 25% per day. I know it's high but lets say you did. If you start with ,000, the next day you should have ,500. The next day 25 .. Right? Well lets say you implement the same strategy......
• Has anyone read this article? Good food for thought? Why the Dollar Bubble is about to Burst? IRAN HAS REALLY DONE IT...more deadlier than the nuclear.. The Voice (issue 264 -) ran an article beginning, ' Iran has really gone and done it now. No, they haven't sent their first nuclear sub in to the Persian Gulf . They......
• Day Trading Stocks Rockstar 1st in a series of videos outlining the basics of Day Trading, Showing how an average joe can open an account with 5-20k and make 0-00 a day trading the market. Will show you how i do it, and answer any questions you have. Each day. What are the simplest......
• Do you like my book so far? PREFACE They say your life could change forever in a matter of hours. Well, I hadn’t really given much thought to that statement until it happened to me. This is the story of how my life changed before I even had a chance to think about what was happening. CHAPTER......
• difference between men and women (fairly long)? Handwriting: Men: To their credit, men do not decorate their penmanship. They just chicken-scratch. Women: Women use scented, colored stationery and they dot the "i" with circles or hearts. Women use ridiculously large loops in the "b" and "g". It is a pain to read a note from a woman.......

• State Default Rates -- A Publishable Application of the RateLadder ListingKey In the past I have talked about my technique for adding a ListingKey to the Loan table of the Prosper.com data export.  While I had successfully added the key several weeks ago I hadn't found an application of the key that I could publish until recently.  A fellow Princetonian and prosper lender......
• An Investment Average of 10% won't Guarantee Success An Investment Average of 10% won't Guarantee Success I saw a great advertisement released by my office's parent company today; I have never released what my office's parent company is...and I am not about to start now! Notwithstanding my obsession with privacy, I couldn't get over this info and felt like I......
• Signs of cheating or escape? Our Relationship: It's a unique one. I'm in the military stationed overseas and shes back in our hometown. We were old friends from high school who found each other again early 08. Eveything came togther real nicely and we got married in the fall. The whole time we've been "dating"......
• My Prosper Internal Rate of Return Update (End of Mar 07) = 3.33% for an Decrease of 9.53% This is a RateLadder only IRR update.  (An IRR lender “game” update is in the works.) Here is my permanent tracking page: http://rateladder.com/my-prosper-irr/ My Prosper IRR is defined as: Monthly cash flows with one extra month using the current account value minus any loans 1 month or more late. Current......
• cant love my husband any more and am already in love with someone else? I have been married for seven years now and i have a five year old son. i have never enjoyed myself in it.the in laws being there to decide for us and arguing all the time.I have always tried to make things work between us.My husband has always let me......
• Widgi Creek Golf Club, Bend, OR Widgi Creek Golf Club is located in: Bend, OR Phone: (541) 382-4449 Website: http://www.widgi.com/golf/hours.cfm Course History: This is a great place to stop if you will be in the Bend, OR area. We fell in love with this course and can't wait to go back. It is extremely beautiful and......
• Prosper.com Crosses 50 Million Dollars in Loans It took from 2/27/06 until 04/05/2007.  Just over one month to go from 40 to 50 million.  The pace is still quickening.   Date: Principal Closed: # Loans: # Registrations: # Lenders: # Borrowers: # Groups: # GLs: Historical Interest Rates Credit Grade Group Member Average Rate Less Than 5K......