Newb with Some Questions...any Help?

[Guest NEWBaTtrading]

I might be double posting, im not sure, for first and foremost my appologies if i am. I have an account on tradeking.com....just sort of doing some startup trading with money that i can afford to loose. I want to get a little more seriuos so ive been reading and researching so on and so forth. Tradeking doesnt really offer much in the lines of software from what ive seen, where can i purchase or download some software applications that would help me in trading. thanks for all of your help!

[thrunner 10]

I have an account on tradeking.com....just sort of doing some startup trading with money that i can afford to loose.

Welcome to the forum. Really don't know much about Tradeking. I doubt they have an API (application programming interface) which will allow third party software to hook into their data and trade execution. I am not recommending any brokers, but there are many discount brokers that do have APIs, the most popular of which is probably IB (Interactivebroker). You will find that you may want to try software such as Ninjatrader (free for charting, indicator development, simulation; not free for actual trading), Quotetracker, Amibroker, Multicharts; they all have free trials and all can hook up to IB to some degree.

Quotetracker has a long list of supported quote data sources, perhaps more than any other charting software and it is a good place to browse for choices : http://www.quotetracker.com/qsources.shtml

 

The idea is really to get a low cost way of getting reasonable data and try out software that is suitable for your developing style of trading.

Good luck, do a lot of reading in everything about trading, from the technicals to psychological. It is a long process.