Analyzing Stocks with TradeStation
TradeStation was founded in 1982 as OmegaResearch. TradeStation's competitor at the time was MetaStock. Before TradeStation was launched in 1991, two years earlier System Writer was launched. System Writer, strategy software for trading, was a precursor for TradeStation. The company is currently traded on NASDAQ as TradeStation Group, Incorporated. The initial public offering (IPO) occurred in 1997, under the trade name OMGA. Four years later, the company's NASDAQ's trading stock was changed from OMGA to TRAD. Currently, it trades under the company TradeStation Securities. The Prime Services Divison, its headquarters, is based in New York.
Financial trading is stressful and difficult if you do not have the right solutions. A financial analyst must have the tools to look at stocks, predict a stock's futures, evaluate bars and graphs of stocks, and more. With TradeStation, you can analyze data from a computer that has Microsoft Windows. Real-time data, displaying charts, and investment positions come with TradeStation. Various indicators are included with TradeStation. A financial analyst can trade stocks with TradeStation. Automation and testing occur with TradeStation. Data from historical stocks are compared with real time data before a stock is traded. TradeStation is versatile, since it can be utilized for research and testing. Or, TradeStation can be used for trading with TradeStation Securities being utilized as the broker.
In the last nine years, the platform has forex (foreign exchange) trading. As of October 2010, TradeStation's newest release is version 9. The company has offices around the world, including London. The platform's main notoriety is as automated trading software. Various programmers develop and sell third party extensions. TradeStation strategies and indicators are programmed with the built in EasyLanguage.
TradeStation is geared towards smaller businesses or companies that have in-house trading. Even though it is a robust application, the software is limited in some ways. TradeStation is available in many foreign exchange markets. TradeStation trades all around the world. Other platform options for monitoring the forex markets are MetaStock or MetaTrader for extensive graphs and one to one communication with traders. Another issue with TradeStation, you have to trade underneath the company's brokerage. Thus, if your company has its own mature brokerage relationships, you have to trade using TradeStation Securities.
The platform can be costly. Fees start from several hundred dollars per month, although they decrease to nothing for those doing heavy trading volume.
Financial trading is stressful and difficult if you do not have the right solutions. A financial analyst must have the tools to look at stocks, predict a stock's futures, evaluate bars and graphs of stocks, and more. With TradeStation, you can analyze data from a computer that has Microsoft Windows. Real-time data, displaying charts, and investment positions come with TradeStation. Various indicators are included with TradeStation. A financial analyst can trade stocks with TradeStation. Automation and testing occur with TradeStation. Data from historical stocks are compared with real time data before a stock is traded. TradeStation is versatile, since it can be utilized for research and testing. Or, TradeStation can be used for trading with TradeStation Securities being utilized as the broker.
In the last nine years, the platform has forex (foreign exchange) trading. As of October 2010, TradeStation's newest release is version 9. The company has offices around the world, including London. The platform's main notoriety is as automated trading software. Various programmers develop and sell third party extensions. TradeStation strategies and indicators are programmed with the built in EasyLanguage.
TradeStation is geared towards smaller businesses or companies that have in-house trading. Even though it is a robust application, the software is limited in some ways. TradeStation is available in many foreign exchange markets. TradeStation trades all around the world. Other platform options for monitoring the forex markets are MetaStock or MetaTrader for extensive graphs and one to one communication with traders. Another issue with TradeStation, you have to trade underneath the company's brokerage. Thus, if your company has its own mature brokerage relationships, you have to trade using TradeStation Securities.
The platform can be costly. Fees start from several hundred dollars per month, although they decrease to nothing for those doing heavy trading volume.
