(2013-06-05, 11:36 PM)Tryst Wrote: 1) How many monitors do people use? If more than 1 monitor, how have you handled this on your PC/graphics card?
I use a single 27" iMac. But this is due to me being a graphic designer, as the design software I use has always been for the Mac, and only more recently has it been becoming more available on PCs. So I never use PCs if I can help it, as it's a completely different operating system.
With regards to graphics cards and hardware. You should always buy the best you can afford at the time of purchase imo, as computer technology moves very fast, and you'll often find cheaper entry level products obsolete very quickly. But for End of day (EOD) trading - which Weinstein's method is - you can happily get by with a cheap second hand PC for a few hundred quid with a single monitor and rubbish graphics card as EOD charting software isn't demanding at all. But if you're running multiple monitors then you'll need more power and hence should get the best graphics card you can afford imo.
(2013-06-05, 11:36 PM)Tryst Wrote: 2) What trading software do you use and what are your thoughts? I know there is some brief coverage of this on this thread already, but I would like to know I am fully aware of what is out there before making a commitment. I am aware of the following:
- ProRealTime (currently using this for EoD data, and find it is very good)
- ShareScope (not used but has been recommended)
- IncredibleCharts (seems like the budget line of charting software)
I use an EOD trading program for the Mac called ProTA Gold for my charting, as the charts are very clear and the scripting language is very simple to create custom indicators like the Mansfield Relative Performance. The data has to be imported though, so it depends on where you get your data from to how accurate your charts will be. I use multiple sources, one free source for the US stocks which is Yahoo finance, and one paid for monthly for UK stocks which is ADVFN.
I also use Stockcharts.com for US charting which I also subscribe to the Extra service, and another one that's good for Weinstein's method is chartmill.com as it has the Mansfield Relative Strength built in to the charts and it's scanners, but is US stocks and ETFs only.
Other options are: freestockcharts.com; tc2000.com; MetaStock - which an EOD program; and I'm sure there's many others as well. But use free trials to see what suits you best, and keep your expenses to a minimum.
