Technical Analysis For Direct Access Trading: A... !NEW!
As a direct access broker, customer orders can be routed to over 100 destinations, including exchanges, market makers and dark pools. Orders can be configured and executed efficiently with keyboard shortcut hot keys. Charts are also optimized for speed.
Technical Analysis for Direct Access Trading: A...
Since fast trade execution is essential for day trading, professionals prefer online brokers that offer direct access to markets. Direct access brokers allow traders to directly route their orders to specific exchanges, electronic communication networks (ECNs), market makers and dark pools. The freedom to choose how orders are routed can provide access to more liquidity and faster execution.
A direct access broker is a specialized brokerage that allows the user to directly route their orders to specific electronic communication networks ( ECN), market makers and exchanges. The broker provides advanced trading platforms that focus on optimizing speed; access and execution. Theses brokers cater to active traders who value fast access to liquidity and precision executions.
Pricing: Most direct access brokers offer a sliding scale per-share pricing model. This means you pay only for the shares you trade. The more volume you trade, the deeper your discount can be. Typical rates start at $0.005 per share (SpeedTrader offers rates as low as $0.009 per share). This allows for economical and effective scaling into an out of positions, as opposed to paying a flat rate per trade commission with conventional online brokers. Since most direct access brokers are smaller firms, they can work with their clients to negotiate even steeper discounts with larger trading volume. For active traders that trade large size trades, many direct access brokers will also offer a discounted per-trade fee, which may be more economical for traders who tend to place block trades.
The trading software/platform is the essential tool that allows the users full control of their trading activity. These are usually downloaded from the broker site and installed as standalone programs. However, many direct access brokers also provide browser based platforms as well as mobile platforms for added convenience. The user has the flexibility to arrange his workspace, program hot-keys, set-up preferred routing, charts and scanners as needed. The trading software usually has a monthly fee but can be waived when a minimum monthly volume or commission level is reached.
Investing utilizes a longer holding period that may last from months to years whereas trading entails holding a position from seconds to days. Investors prefer fundamental analysis utilizing company research and news releases to guide their decisions and actions. Traders tend to favor technical analysis utilizing charts to interpret price action. Investing tends to be more passive, focusing on the long-term growth often implementing a buy and hold strategy. Trading is more active and requires more involvement when it comes to tracking, monitoring and managing positions. As markets have evolved, so have the styles. Just as an MMA fighter who is primarily a striker will find it prudent to also be versed in grappling and take down defense, investors are incorporating some technical analysis and traders incorporating fundamental analysis. This hybridization happens out of necessity not only in trading but in nature and all endeavors. This is how the four styles of trading have emerged.
Tools of the Trade: Scalpers must have a real-time direct access trading and charting platform. The basic tools include smaller time frame charts (IE: 1-minute, 5-minute, 15-minute) , direct access online broker, hot-keys for speed, level 2/market depth windows with time and sales for tape reading, rhythm monitoring and
Tools of the Trade: Scalper tools are a basic necessity including smaller time frame charts (IE: 1-minute, 5-minute, 15-minute), direct access online broker, hot-keys for speed, level 2/market depth windows with time and sales and real-time newsfeeds.
Tools of the Trade: Swing traders utilize a combination of both fundamental analysis and technical analysis for their trading style. The basic tools include multiple time frame charts for short-term and medium-term perspectives (IE: 1-minute, 5-minute, 15-minute and 60-minute, daily and weekly charts), direct access online broker, hot-keys for speed, level 2/market depth windows with time and sales. A newsfeed and research platform that provides analyst reports, news and company filings helps the swing trader understand the company operations and fundamental catalysts for price moves.
Like swing trading, position trading also has a longer holding period that may extend from weeks to years. This is similar to investing but with the heavier focus on fundamental analysis like an investor but tempered with basic technical analysis to interpret trends and price action.
The key difference between equity trading and stock trading lies in their investment options and management firms. Equity trading firms specialize in offering in-depth market research, trading expertise, unique trading systems (even algorithmic), and have direct access to the trading floor for better executions. These equities trading firms predominately exist in the form of hedge funds and are set up to trade within a larger investment bank; such as Morgan Stanley, Goldman, Sachs, JPMorgan, and Bank of America to name a few.
Sponsored Market Access allows clients of MOEX Member Firms to receive direct technical access to the Moscow Exchange trading system, with trades assigned under the respective Member Firm's trading code. A client is able to give instructions to a Member Firm (the "sponsoring firm") to be executed on the market directly through the trading system (without going through the trading system of the Member Firm).
The analysis is based on proprietary probabilistic modeling which delve beyond the known data points to forecast price direction, identify pricing inefficiencies, and provide specific forward-pricing ranges at which to hedge exposure.
Consultative - Readers have direct access to our staff to ask questions specific to their business strategies. This benefit is consistently cited as the distinguishing feature of our service, enhancing the value derived from the content provided in the daily research note.
For more than thirty years, we've developed new technologies, offering real-time and historical data integrated with graphics and technical analysis tools. CQG's innovations have become industry standards. We lead the industry in providing reliable market data, superior decision-making tools, and order execution software with customer support that understands the trader.
For more than thirty years, CQG, Inc. has been the industry leader for fast, accurate, and reliable market data and unrivaled graphical analysis. Today, CQG provides high-performance trade routing, global market data, and advanced technical analysis. CQG partners with more than seventy FCMs and provides Direct Market Access to more than forty exchanges through its global network of co-located Hosted Exchange Gateways. CQG's server-side order management tools for spreading, market aggregation, and smart orders are unsurpassed for speed and ease-of-use. CQG's market data feed consolidates more than one hundred sources, including exchanges worldwide for futures, options, fixed income, foreign exchange, and equities as well as data on debt securities, industry reports, and financial indices.
Both scalp and swing trading are short-term investing strategies that rely on technical analysis and charts to profit from trends in particular assets. However, swing trading accompanies a more intermediate-term time frame, often a few days to a few weeks, focusing on acquiring fewer trades but with a larger profit target. A slower pace and a less stressful environment make swing trading more appropriate for novice and retail traders, while scalping is better suited to more seasoned traders.
The report is geared towards professionals in the global energy arena looking to improve economic performance while managing risk. The report has continually evolved in response to the need for concise, accurate, and marketable information.Our clients represent a broad cross-section of the market sectors and include the largest and most influential producers, marketers, financial institutions, hedge funds, energy traders, and end-users in the world. This provides us with a true pulse on the factors driving energy prices and the trends for consumer demand.The Schork Report consolidates the (over)abundance of energy market intelligence "noise" to present a cross-commodity briefing tool that highlights the day's key issues. Readers rely on our commentary and analysis as the basis for their trading strategy development. The analysis is based on proprietary probabilistic modeling which delve beyond the known data points to forecast price direction, identify pricing inefficiencies, and provide specific forward-pricing ranges at which to hedge exposure.
This subscription includes direct access to Stephen Schork for readers to ask questions specific to their business strategies. This consultative support is often cited as the distinguishing benefit of our service.
The retail brokerage business was disrupted when several major retail brokerages such as Schwab, E*Trade, and TD Ameritrade announced commission-free stock trading. While choosing such brokerages is a matter of course for long-term investors, the question arises for day traders whether they should choose a retail broker or a direct-access broker.
Retail Broker: Retail brokers like TD Ameritrade and Charles Schwab have developed excellent trading platforms for their clients. Most clients probably use only 1% of all functionalities and features that these platforms have to offer. Most of the platforms focus on charts, technical analysis, and excellent self-explaining navigational elements. Everything is integrated and all types of investors can use the software to their advantage. In most cases, the platforms are free to use. 041b061a72