Trading Tools That I Use
These are the tools that I use for trading.
For daily futures charts I use quote.com – they have kind of hidden this live chart feature and it only works for a minute or so at a time. Which if perfect for me, I don’t want to spend more time than that anyway.
Futures are entered in a special format, currently I am trading 10 year T-Bills, the symbol is “ty05z” ty is the symbol, 05 is the year, and z is the month – which is December.
The contract for December of 2006 would be “ty06z”
Cotton is “ct05z”
Corn “c05z” most futures have 2 letters corn is special with only one.
For planning I use long term charts from cstrading.com.
The brokers I currently use are Nate at smartfutures.net
And Joe at proedgeonline.com
I picked both of these futures brokers more because of who they use to clear their trades through, and their discount commissions are competitive.
Right now that’s it, I try not to spend more than 30 minutes a week on trading so I keep it pretty simple.
I also watch CNBC in the mornings when I don’t have my computer on. They display futures quotes every 20 minutes. So I flip on the TV and just back the tivo up until I hit the quotes in the ticker at the bottom to see what my futures are doing.
For daily futures charts I use quote.com – they have kind of hidden this live chart feature and it only works for a minute or so at a time. Which if perfect for me, I don’t want to spend more time than that anyway.
Futures are entered in a special format, currently I am trading 10 year T-Bills, the symbol is “ty05z” ty is the symbol, 05 is the year, and z is the month – which is December.
The contract for December of 2006 would be “ty06z”
Cotton is “ct05z”
Corn “c05z” most futures have 2 letters corn is special with only one.
For planning I use long term charts from cstrading.com.
The brokers I currently use are Nate at smartfutures.net
And Joe at proedgeonline.com
I picked both of these futures brokers more because of who they use to clear their trades through, and their discount commissions are competitive.
Right now that’s it, I try not to spend more than 30 minutes a week on trading so I keep it pretty simple.
I also watch CNBC in the mornings when I don’t have my computer on. They display futures quotes every 20 minutes. So I flip on the TV and just back the tivo up until I hit the quotes in the ticker at the bottom to see what my futures are doing.
