Stock Market Software Programs
There are many free stock market software programs available online for download and use. Even if you have used free trading analysis software, you may still be far from seasoned when it comes to trading. In this case, it is much easier for you to use the technology available to you, and it makes a more practical and smarter way of trading. There are a few types of stock market software programs available, each with their own pros and cons.
TIPS also known as the trend identification parameters stock market software is made specifically to forecast the trends in price on the stock market. This stock market software offers algorithms that look at all factors like growth rates, earnings and price to book ratios as well as dividend yields and draws from the T model and Estep to give you a rate of return for many different stocks. This program is available for a 30 day free trial and then must be purchased in order to continue use.
StockWiz5 is another type of data mining software used for the stock market. This program allows you to test your ideas on trading against the NYSE, AMEX and NASDAQ historical end of day data. You can check on which stocks are on the uptrend and have been for the last X number of days, which stocks trade for certain amounts, and even lets you know which companies offer the highest dividends. This program stores information for more than 12,000 publicly US traded stocks to help you get answers. Advanced screening so that only companies that meet your analysis are shown as well as comparing industries and ranking of companies are only a few of the features offered. The new database incorporated into this program offers stocks and indexes, and allows harvest of historical information such as earnings per share through Yahoo Finance.
Stock market software that meets the expectations of so many traders is the Stock Trak program. This is a stock market simulator program that allows you to practice your stock trading without the risk. In other words, this is a fantasy stock market trading software. The software comes with market and stop orders, offers a sharpe ratio, and is used by more than 80% of all of the top business schools in the United States along with more than 50,000 investors every year.
Lastly, J Stock is a stock market software that is free for more than 20 countries. This program offers you real time information on the stock market, stock indicator editors, scanners, portfolio management as well as intraday stock price information. A free download, this software allows you to trade from the privacy of your own home with all the tools you will need to research your stocks and get answers like a pro. With charts and technical analysis available, the possibility of integrating new stock feed services into your tools is also available.
For more information on professional stock market software, contact your local brokerage firm for details and locations for download.