I live in the UK. I am looking to do a bit of intraday trading and would like recommendations on the best online trading systems — execution speed and accuracy, charting software, price. I am looking to deal primarily in commodities but may also trade equities and currencies.

Nigel Davies responds:

If you want pictures then one possibility is the software that comes with a Deal4Free account. You can even have live Point & Figure charts there now. It can also do backtesting.

Many UK futures brokerages use J-Trader, which has an intuitive interface and works just fine. I tend to put the resizeable 'Dome' from J-Trader on top of the Deal4Free window, like the way Tuco constructed his gun in The Good, the Bad and the Ugly.

Vince Andres remarks:

Instead of a product name, I propose a few criteria:

- Controllable, easy to master
- Complete, full-featured
- Proprietary, or open-source
- Cost
- Technical support
- Safety/respectability: tool developed by one person or 100?
- Number of users: 500 or 50,000?
- Independent and objective, or a broker tool
- Upgradable
- Customizable
- Confidentiality: can the provider access your algorithms?

This list is far from complete.





Speak your mind

1 Comment so far

  1. Gualtiero Cocco on March 29, 2007 12:42 pm

    I need to apologies to you Chair and to everybody to have accused publicly to be a double player, not because I want to be part of you again , just because I can’t stand the continuity of accusations to play double. In fact I find very disturbing those accusations during trading hours. One of my music instrument is under investigation to find who penetrate my computer, I thought was someone of you because for some accusations to me I overeacted but I don’t think is the Chair anymore but the permabears, as I found some traces.I want to recover publicly your integrity! Please do not put me back in the list as I am less then useless but detrimental to all you! Someone also spoke about frame… which is illegal!! Chair please be aware of who said that!

    As a momentum player I participate with momentum, so you work in a different way as me.Part of this game is play double who does it goes long and short, I am not an investors no long and short but if I say I am a bull to you and never short the market I expect that you take it as such!

    The problem that also manifested Chair, is that should be improved three different communication channels fast medium and slow info.Here was all mixed and not clear to me and created the usual mess in relation to others during trading hours.

    The windows serial number of one of my computer as been changed
    e-mail taken and I am going to find out who did it. Who could do it if not people related to maybe paid by someone very big? Those numbers are usually locked with many password in Microsoft Fort Knox! So if you know who did it I am ready and open to resolve it in a gentleman agreement, differently I have found out all the proves locked in my computer and I will see who did it and why and decide what to do.

    Funny today in one my other computer is all fine!
    If you want publish it if not is the same to me !

    Someone wanted to know about day trading this part of it!


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