Why Every Active Trader Should use TradeStation

Whether you are a seasoned day trader using another charting tool, or new to the active trader arena, you’re going to want to read this. With TradeStation, you can chart, analyze, back-test, and trade Equities, Options, Futures, and Forex securities.

TradeStation is more than just a charting package it’s a traders dream

With TradeStation, you are able to generate your trading order right from your desktop, real-time. This allows you to identify and react to trading opportunities much faster than having to switch over to your brokerage account to make a trade. By the time you’ve logged in to your brokerage account, the trading opportunity may have been missed. With TradeStation, you can create custom trading strategies and back-test through 20 years worth of data, run performance reports , optimize your trading strategies, and automate your trades. Strategies can be based on Technical Analysis or Fundamental Analysis, or Both. By creating trading strategies with set guidelines, you are forced to increase your trading discipline, and, most importantly, reducing the amount of emotion that you put into a trade.

What if I don’t have a trading strategy created or …

… I want to place orders manually? TradeStation has a very sophisticated ordering bar to place your trades manually. The options for placing manual orders are quite extensive, including the stops, trailing stops, OCO/OSO, different durations, and ECN Routing options.

Can your current charting package chart 100′s of symbols simultaneously?

With TradeStation’s RadarScreen product, you can process hundreds of symbols to trade real-time. With RadarScreen, you can sort data by any column, you can add any indicator (even custom indicators), and you can create custom trading alerts for when your indicator reaches a certain condition. For instance, if you want to be alerted for a trade when any stocks 50 day MA crosses above a 200 day MA, then all you do is add the indicator to RadarScreen, and turn on your alert. Then just sit back and wait for the trade.

Do you trade Options? So Does TradeStation!

TradeStation includes OptionStation which allows you to search, analyze and trade options directly. Option trading strategies can be as simple, or as complex as you require. There are several built-in options strategies to trade that are included with OptionStation, including vertical spreads, strangle/straddle, diagonal, condor, and much more. You can even create your own custom options trading strategies.

So what else can TradeStation do?

Here’s a brief list of some of the other great things that TradeStation can do to make your day trading lifestyle easier. TradeStation can:

• Track all your trades with PositionGraphs, on the top of every page
• Let you see and trade from the Matrix Window, which is an extremely intuitive graphical view of the current bid/ask information
• Trading Management and Analysis allows you to view your current positions, and analyze your past trades.
• Research Window for analysis of a securities fundamental information
• News window to see what’s in the news for a given security, before you make a trade.
• Excellent technical support via email, telephone, and community forums.
• And much more value for the day trader to be profitable.

Try TradeStation risk-free for 30 days, and get $50 credited to your account

Just to clarify, I don’t make a dime off of TradeStation sales! TradeStation does NOT give resellers or trades any financial incentive to re-sell their product. I just truly believe in the TradeStation trading platform, and highly recommend it. If you’re interested, give TradeStation a call at 800-808-9336 and ask for Todd Procaccini, or any available sales associate. You can also reach Todd directly at 888-565-0429. Tell him that TazaTek sent you, and they’ll take great care of all your trading needs.

What can TazaTek do to help me make the most of TradeStation?

OK. You’ve read my recommendation, so what can TazaTek do to help? TazaTek provides both free and proprietary trading indicators and trading strategies, written in both EasyLanguage and as DLL’s (a faster, but more complex trading alternative to EasyLanguage) If you have question on our custom TradeStation indicators and strategies, please contact us.

Good Luck Trading

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   TazaTek is a leading provider of indicators and strategies for all major trading platforms, including NinjaTrader, TradeStation, eSignal, MetaTrader, MetaStocks and more.