Trader Resources
Voice Chat and Information Sources
DISCLAIMER: By no means is this page a comprehensive list of all sites of use to active traders, nor does being listed here convey my endorsement of any of these sites nor the endorsement of information available on these sites. Just because I trade doesn't mean you should. There is no easy method or magic formula, only hard work, preparation, and patience.
Voice Chat
CyberCorp: Voice Chat Occupied daily during market hours
CyberCorp: Training Voice Chat Only occupied during training classes
Darrell's Voice Chat Room Only occupied when I ask people to meet me there
Connectivity Diagnosis
Internet Traffic Report
Bandwidth Speed Test
Specific Tools
Smart Money Map of the Market
CyberCorp Online Forum via Silicon Investor
Technical Analysis
Big Charts
Big Easy Investor
Clear Station
Research
CNBC
CyberCorp Market Info
MSN Money Central
Nasdaq Trader
Quicken
Smart Money
Yahoo Finance
Opinions and Consensus
Day Traders Online
Equity Alert
Hard Right Edge
Silicon Investor
Education at Online Trading Academy
Despite its cheesy name, Online Trading Academy (OTA) offers two excellent courses. I attended both of them. Their instructors are also traders. I cannot imagine even trying to trade without having had this education. Plus, OTA has arrangements with several direct access brokerages that will refund the entire cost of both courses via commission credits.
The first course is a one week "Boot Camp" where you are introduced to fudamental information about how the electronic market is structured, market participants and their obligations, ECN's and how to use them, various order routing methods, as well as how to read a Nasdaq Level II display.
The second course is two weeks long and teaches you even more about reading Level II, more about order routing and why some order routing methods are better than others depending on market conditions, and technical charting techniques.
OTA is located in beautiful sunny Southern California, making it a wonderful place to visit for at least several weeks.
The courses are worth every penny! And OTA will let you retake the course for free until you feel comfortable with the information. (And one of the nearby hotels with an OTA corporate rate has free drinks during happy hour Monday through Thursday. *smile*)
OTA Main Page Tell them you were referred by "Darrell Dieringer"
OTA Links Page
OTA Stock Jockey Newsletter Index
OTA Training Room Web Cam automatically refreshes every 20 seconds
Day Traders Radio (11:00am - noon M,W,F on KBZS 1220am and on the Web)
Direct Access Brokerages
The brokerages listed below all offer some method of direct access to the Nasdaq stock market. These are not web-based brokerages. Instead, they provide you with software designed to receive and transmit market information via the internet. There had been two main providers of this day trading software. CyberCorp authored the software called "Cyber Trader". Townsend Analytic authored the software called "Real Tick". Though both software packages are designed to perform the same task, each has its unique benifits and drawbacks.
"Cyber Trader" was designed with heavy emphasis on keyboard operation of the software. Recently they have added more mouse functionality while retaining all the keyboard shortcuts. This helps it compete with "Real Tick" platforms that were designed to be used primarily with the mouse.
Many of the brokerages listed below will undoubtedly offer trading software based on either "Cyber Trader" or "Real Tick". Recently, TradeScape and TradeCast have developed their own proprietary trading software.
CyberCorp Tell them you were referred by "Domovoi, LLC"
Digital Trading
GRO Trader
MB Trading
Momentum Securities
Noble Trading
TradeCast
TradeScape
Data Providers
The direct access brokerages listed above will almost certainly provide a real time data feed for use in your trading. However, the Level II data is available from third party sources independent of a trading platform.
Data Trans Network - DTNIQ
eSignal
QCharts