subject: EquityFeed Trading Software [print this page] If you enjoy trading penny stocks then consider taking your strategies to the next level. If you really need a competitive advantage in the penny stock market, then consider trying EquityFeed. This innovative software program makes finding profitable trades easy.
The most powerful tool in the application is the news streamer. You can set it to only show breaking news alerts from the OTCBB and Pink Sheets markets. You can also make it play a sound or a pop up when a new piece of news hits the wire. This gives you the opportunity to assess a press release and then make a purchase if you feel the news is valuable and would increase the share price.
I specifically look for news that moves stocks like buyouts, contracts, mergers, acquisitions, FDA Approval, forward stock splits, dividends and promotion news. These bits of information can dramatically change the share price in only a matter of minutes. You need to react quickly to make the most of the opportunity.
Another useful tool is the daytrade montage which gives you a snapshot of a ticker. This window allows you to view recent news, level 2 quotes, moving averages and pivot points. It also has a line or candlestick chart that you can place technical indicators on like RSI and EMA. On the right side of the window is a time and sales log to show you what the recent order sizes were, and when they were placed. It also has a level 1 quote. I like to use the daytrade montage after I've filtered through my watchlist and want to keep a close eye on the stock.
