New to Australia, Which data+software?

[RobinHood]

Hi I'm thinking about trading asx stocks. I'm not sure what software/data feed to use. Right now I'm using telechart to trade U.S stocks...

I'm thinking about a westpac account(cheapest brokerage). Anything else?


This is what I need:

• A cheap data feed - EOD will suffice for now but I'd like to know about RT options

• Stock sorted into corresponding industry groups

• Whatever financial data is available(preferable but not imperative)

• The ability to screen ALL stocks based on technical factors, e.g. price, average volume, moving average lines, cross overs etc.

• some easy way to swift through the stocks: e.g spacebar or scrollwheel

• Sorting of a stock list based by price performance over specified time period

• Watchlists

• simple tool to calculate price increase over certain period

Any help with brokerage, data feed and software is greatly appreciated!

 

[coyotte]

RobinHood

ComSec is the most popular broker
$20 per side , if you set up a $5,000 account (balance can be nil )
market depth of 10

IG Markets (CFDs) , Live data feed (no charge) with live charts
nil set-up fees , nil account balance and no monthly charges

Incredible Charts (free) with 18 hrs delayed data
or $18 month 1hr updates
excellent forum for learning from and o/k for position trading


Cheers

 

[TraderPro]

RobinHood

ComSec is the most popular broker
$20 per side , if you set up a $5,000 account (balance can be nil )
market depth of 10

CommSec gives out a free software package for you to trade on if you trade options or if you trade a lot on normally listed stocks. Check here for features

I think market depth is deeper when you have the software.

 

[grumpee boi]

http://www.premiumdata.net/

I have BodhiFreeway but bought it years ago when it was a one-off payment. You have to subscribe yearly with them now and if you have to pay you might as well use Norgate Premium data - check out the website.

I use Metastock but again bought that years ago and still use version 7.2. don't think it is all that cheap now but you can do quite a bit.

a lot of people use Amibroker - a much, much cheaper option.

Adam

 

[bvbfan]

This is what I need:

• A cheap data feed - EOD will suffice for now but I'd like to know about RT options

How about free?
I use Investorweb to get my EOD but CommSec now also provide it. I'm sure most of the brokers will too

But you may have trouble opening a ComSec account from overseas unless you already have a CBA account, from past experiences. (It may have changed over the years)



You can check brokerage and other features via Infochoice

 

[Bobby]

RobinHood

ComSec is the most popular broker
$20 per side , if you set up a $5,000 account (balance can be nil )
market depth of 10

IG Markets (CFDs) , Live data feed (no charge) with live charts
nil set-up fees , nil account balance and no monthly charges

Incredible Charts (free) with 18 hrs delayed data
or $18 month 1hr updates
excellent forum for learning from and o/k for position trading


Cheers

Coyotte that was a good information post

Bob.