which set indicators or oscillators work best for day trading in stockmarkets?
2006-08-05 21:23:23 · 3 answers · asked by prasadvissa 1 in Business & Finance ➔ Investing
There are a great deal of indicators that I like to use:
-MACD histogram
-RSI Index
-bollinger bands
-AROON Oscilator is a good one too
- the intraday Chaikin Oscilator is ur best bet tho
For more information on a wide number of Technical Indicators visit http://stockcharts.com/education/IndicatorAnalysis/
Happy Trading
-Paul
2006-08-06 04:59:25 · answer #1 · answered by greenglow560 4 · 0⤊ 1⤋
You need good charting software, and you need Direct Access to the trading floor. Many online brokers advertise as such, but if it takes longer than one second to execute your trade, it ain't Direct. You have to ask.
Commissions are a factor, but they're all in line and cheap. Better to consider good executions.
TradeStation is the cadillac, but very expensive.
TerraNovaOnline is the home of the Day Trader.
2006-08-06 04:17:10 · answer #2 · answered by dredude52 6 · 0⤊ 0⤋
lowest fee system, almost any would work. tdameritrade ok, etrade good, tradestation is cheap.
2006-08-05 21:40:46 · answer #3 · answered by slara512 2 · 0⤊ 0⤋