Investing Software

Stock market investing software can be one of the most invaluable tools an investor can have at their disposal. Anyone can select stocks to trade but it's far easier (and certainly a lot quicker) using investing software that can instantly detect high probability trades for you.

Stock picking is very often a lengthy process and can take hours, if not days, to find suitable buying opportunities. However most good software packages can instantly scan the markets and find potential stocks to buy within seconds based on the trading criteria you enter.

For example, you could use the investing software to scan for stocks that are trading at 4 or 52 week highs in order to find those stocks that are in a strong uptrend, or you could scan for stocks making new 52 week lows, for instance, in order to find potential bargains.

Similarly if you are an investor who is strongly interested in buying shares based on technical analysis, then you could use investing software to scan for potential bargains by scanning for stocks whose RSI and Slow Stochastics are currently below 20, and therefore in the oversold area.

Most stock market investing software will have scanning capabilities of this kind so you can filter down a shortlist of potential shares to buy, but if you really want a piece of software that will not only scan stocks, but will also provide highly profitable trading signals as well, then I strongly recommend you check out Marketclub.

Marketclub's Smart Scan is an excellent feature, and well worth the subscription fee alone, because you can enter your own search criteria to scan for potential stocks to buy, but it's the Trade Triangles technology that is the most impressive feature of Marketclub.

I discuss these Trade Triangles in great detail in my Marketclub review but to give you a brief idea of how these trading signals work, let me give you an investing strategy you can use to trade these signals.

The Trade Triangles are signals generated on the daily, weekly, monthly and quarterly charts. Each triangle indicates a buy signal or sell signal and a price when this signal is triggered, but you shouldn't necessarily trade these triangles on a single time frame.

One of the strategies I like to use is to look for stocks where the last weekly and monthly triangles were green, ie buy signals. This indicates that the stock is in a strong uptrend. Then I filter down to the daily chart and wait for a green buy triangle on this time frame to get a good entry point. Most of the time the longer term trend will continue and you will get a decent move upwards. The sell signal comes when you get a red sell signal on the daily charts, or one of the longer term time frames throws up a red triangle, ie a sell signal.

This is just one example of how you can use Marketclub's Trade Triangles. There are many other investing strategies you can use, and even if you like to pick your own stocks to trade, you can still benefit from using Marketclub because it will help you pinpoint good entry points.

You can find out more about Marketclub by clicking here, but I also recommend you read my Marketclub review to get the full rundown of Marketclub and how it works.