Friday, July 30, 2010

most useful iphone apps for trading

here's my list of best apps for trading, not in any order

-iSwim
-Ameritrade
these apps are COMPLETE! both are the same app since TD took over thinkorswim
  1. view futures
  2. view options chains (best chains i've seen on apps)
  3. set alerts notified by noise in-app, send a text message to any cell, by email, or all 3
  4. view quotes, news, charts, set studies in charts
only downside is you can't turn the phone sideways for panoramic charts, but they will probably update that

-CNBC RT
  1. sends instant news alerts to your phone. figure out what the masses are acting on so you can isolate yourself from the retard herd of cramer followers
  2. the alerts also include useful info such as earnings reports and catastrophic events, beige book results, case schiller results, etc etc.
  3. not good for anything else
  4. read tickers if you're bored or read news stories. guess the close for a chance to win a car or some crap... who cares just use it for alerts!


-iTWS
interactive brokers mobile platform
view futures, options prices, stocks
options chains SUCK I really hope they work on it

a couple other okay apps
-Bloomberg
view charts panoramic
view world markets (i don't know if its updated frequently)
read news, mostly useless articles

-MaxPainCalc
good for getting a general idea of where strock price needs to be for most option traders to lose $ on premium.

-My Econoday
if you subscribe to the service, it sends you automatic info alerts on important market calendar events. such as earnings, beige book, GDP, jobs numbers, etc. they give you a free week to use it. its worth it, but i don't subscribe anymore, the information is available online and everyone you know who trades will be anxiously awaiting the information so they'll probably be bugging you with their anxiousness anyway

-Twitter
or any iphone twitter app
These are priceless if you follow the right people, search through stocktwits for the best tweeters
@harmongreg for example is one. leave a comment if you want a list of traders and i can post my twitter stock list.

i started using twitter just to follow traders, and now i follow a couple funny tweeters, SarahPalinU5A is hilarous




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