Day Trading Software
A day trader uses a software to execute his buy or sell transactions in the market that he is trading (stock, currency, futures market, etc.).
The trading software is an integral part of the trader's computer system. This software is usually Windows-based or JAVA-based (there are not many trading software platforms written for Macintosh machines - sorry Apple fans!).
After installaton, Windows-based trading software run on the trader's machine and receive the necessary market data over the Internet. A good Windows-based software for trading is usually more robust than the typical Java-based software and crashes a lot less frequently. Quality stock day trading software can cost between $300 and $600 a month to use. Many currency trading software platforms can be accessed for free.
Back to trading definitions.
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