OK. You asked for my favorite financial websites and programs. This is
a page in progress. As I come across new favorites, I’ll be adding
them and removing those that annoy or disappoint me. The List is in no
particular order.
The major online brokers have been getting better and better with
improved services and programs. Most online brokers charge the average
client, but most will give services and access free to traders who
trade actively and maintain above minimum account balances.
There are non-brokerage services that can be purchased or accessed for
free on the Internet. Many provide information or tools that you can't
get from your broker.
Microsoft Excel: This after my stock
screening software is my most used program. I am convinced most
traders underestimate its capabilities. I use it to maintain my
present trades, tax records and any and all information concerning
trading.
MetaStock 8.0: There are a lot ofsophisticated charting programs out there from
TradeStation to
Worden Bros program TC2000. I have
used Metastock for years. It's
contains of just about every bell and whistle and just about every
technical indicator ever dreamed up. It is easy to use and is able to
back test new trading concepts.
TheStreet.com: TheStreet.com and its companion
site RealMoney are excellent.
If there was only one site I could use, this would be it. This site is
about making money by real traders (not reporters). The information
and advice from James Cramer and Gary B. Smith are first rate. And
Cramer’s radio show, which is available from TheStreet.com, is
informative, educational and makes me money each and every time I
listen to it. Don’t miss this site.
Moneycentral.com:
This is one of the top free sites. It offers news, advice and charting
software. It also has a portfolio.
Yahoo
Finance:
This is another free
site You can easily get earnings estimates, insider trading and
analyst upgrades and downgrades
RealTick:
An online broker with a very sophisticated program. Its best feature
is the ability to place conditional orders. You can place a trade to
buy 1000 IBM shares at the market if IBM trades above 120 between 3
and 4 p.m.
StreetSmart Pro: This is from Charles
Schwab. It offers Level II quotes and more options than most of use
will ever use. You get real-time news alerts, watch lists and
intraday, daily or weekly charts that move in real time.
Active Trader Pro:
This is Fidelity Investments' entree into the online brokerage
business. Its best features include the ability to trade across
multiple accounts and store up to 50 orders that can be executed at a
moments notice. Hey, you never know when you might graduate to program
trading.