Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

MadMarketScientist

Trading Tools You Simply Cannot Live Without

Recommended Posts

I'm always curious what you use that helps your trading in some way that you simply could not live without. If you have some you'd like to share - let us know.

 

To get it started here's a few things I use that I wouldn't want to give up:

 

Apple iPad

I have been on probably 6 trips throughout the summer and instead of taking a notebook everywhere I took an iPad for the first time. Worked great. All I needed was the LogMeIn App and I could easily connect to my trading computer at the home office and both check on trades, make any changes, etc... It's not like being in the office of course but it also enabled me not to have to duplicate everything on a notebook which was always a pain.

 

Also, with the iPad I just use Gmail and have all of my email "popped" into Gmail. Business, TL emails, etc...then it's super easy to have it all consolidated - and you never have to worry about your Outlook file growing too large. Which used to really drain my trading computer and forced me to use a different computer due to the system resources of Outlook. No longer.

 

Speaking of the iPad I like the Bloomberg app just to give me a quick cross section of the financial news, and fairly easy/fast charting of markets just to get a macro picture.

 

As for tools when I'm back at home base....I use NinjaTrader to manage my trades and connect me into Interactive Brokers but I actually chart on Tradestation and have some automation built in Tradestation that then sends trades through Ninja into IB. Seems like it could go wrong with all those connections but doesn't. A key was having a really small app built that would reconnect Tradestation anytime it went offline. Was having a big problem with it going offline if the internet faltered and not logging back in on its own - a big problem if you are auto-trading. With this small app the second it notices a log off it repeatedly tries to log back in. Problem solved and it was a really BIG one causing me losses.

 

I use a spreadsheet app from NetPicks.com called Ultimate Trade Analyzer. I like to log my trades and over time get some very interesting data that sometimes helps me adjust my trading rules and automation (it has helped me change my start and stop time on several markets to improve results.)

 

There's other tools I use but this is the main stuff that gets utilized every day.

 

MMS

Share this post


Link to post
Share on other sites

Freshly ground espresso coffee for the early morning session.

French roasted coffee for the NY Open.

Really cold diet soda served in a glass at around 3:00PM EST.

One last espresso after the close of the new york session.

Share this post


Link to post
Share on other sites

I use iTeleport on my Mac (at the office) and iPad to check into my trading PC, which runs Multicharts. iTeleport is probably the simplest and most easy to set up remote desktop app out here.

 

Its become an essential tool for me to manage trades and monitor the market if I am away from my PC, even if it means going from my home office into the lounge whilst waiting for set ups.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Question: To those that had/have cancer, what were the signs that made you think “something is not right here” to make you go see a doctor? Answer: So, 5/25/2018, I woke up, got ready for work, and as I walked to my car, I started gagging. Like something was stuck in my throat and I needed to clear it. And then it went away.   But 10 minutes after that, I was T-boned at 40mph on the driver side door. But what made me see a doctor was while my muscles felt better and bruises were going away, the gagging still continued, I started having fevers, my neck felt swollen, I was having such a hard time breathing, and I'd have random sharp pains in my chest, but not from where the seat belt saved me.   2 weeks after the accident, I finally see an urgent care doctor, who looks me over, tells me I'm fine, but luckily requests a neck X-ray. And I ask for a chest X-ray, which he rolls his eyes but let me have (most of my pain was in the neck, so I understand).   The very next day, he calls and says “So, that chest X-ray shows there's a 4 inch mass on your heart and lungs, and your lungs have been filling up with fluid, as well as in your pericardial (heart) wall. We need you to come in tomorrow.”   Turns out the big mass, due to the accident, caused my heart and lungs to tear and fill with fluid, the swollen neck and gagging was caused by 2 metastasized tumors, and the fevers and weight loss were symptoms. Stage 4b Hodgkin's Lymphoma.   But thankfully, we went very aggressive with chemo (and had a lot of bad side effects that don't normally happen to patients), and now I'm about 16 months cancer-free. Yay lucky X-rays! Rachel Jurina, Quora Source: https://www.quora.com/To-those-that-had-have-cancer-what-were-the-signs-that-made-you-think-something-is-not-right-here-to-make-you-go-see-a-doctor   Profits from free accurate cryptos signals: https://www.predictmag.com/  
    • As a man, the reality of life is the harshest part. I don’t mind looking older or becoming weaker over time; it’s nature.   Have you ever heard that the only people who will be loved unconditionally are women and children? Men will only be loved as long as they can provide until they are no longer needed. It doesn’t matter if you already did your best to get your kids to the best school or get the best things for them, if you stop before they’re done with it, there will be no thank you. The only thing they will remember is that they have to quit school at 15, ignoring all the previous 15 years of life you provided for them. The only people who will accept you, no matter what, are your parents. But in this situation, you might be that ungrateful child.   EDIT: Wow, I didn’t think this would get so much attention.   For those who disagree, I can only say that everyone has their problem. If you don’t get the chance to face such a thing, be grateful. Remember, sometimes what you throw in the garbage is something that someone wishes ever to have.” – ElZee, Quora   Profits from free accurate cryptos signals: https://www.predictmag.com/    
    • The good thing i had noticed so far is that the traderpot value is also on the rise..
    • yup its a gradual rollout the right way in my opinion, its really good and its exciting for the sto in 2027
    • there is no avoiding loses to be honest, its just how the market is. you win some and hopefully more, but u do lose some. 
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.