Best Web Sites for Traders
Krueger, Diane, Futures (Cedar Falls, IA)
GONE ARE THE DAYS WHEN THE PRIMARY MEANS OF SEARCHING FOR INFORMATION INVOLVED TRIP TO THE LIBRARY. NOW, YOU CAN LOG ON TO THE INTERNET AND ACCESS SOURCES IMMEDIATELY WITH JUST A FEW KEYSTROKES. HERE, WE LOOK AT THE TOP WEB SITES TRADERS.
Trying to find reliable information about futures on the Internet is daunting. Simply type in the word "futures" or "commodities" on any search engine and you'll get thousands of links. Because you don't have time to visit all the sites, we've selected a few in a number of categories you should find beneficial. This is only a sampling of the hundreds of sites and services available to traders via the 'Net -- and, of course, we've omitted our first choice, www.futuresmag.com, which provides much of the information here as well as customized charts, daily news and columns and industry links.
Charting & Technical Analysis
Summary: Online quotes, charts and technical analysis tools for stock and commodity traders. Premium services require subscription.
Pros: Current, neutral and historical trend spotting indicators, customized spreads and data. Intraday and end-of-day prices included with customized quotes and archived futures and options prices available.
Cons: Navigating two sections for commodities and equities is time consuming. All information is not accessible from one page. Also, subscribers have to pay for access to commodities and equities information separately.
Summary: Access to interactive charts, quotes, industry analysis, news and commentary.
Pros: Variety of charting tools, from moving averages to stochastics to momentum and volatility. Users can compare prices with other indexes and sectors. Customized time frames.
Cons: No information on futures markets. Stocks and cash bonds only.
TFC Commodity Charts
Summary: TFC Commodity Charts provides users access to a free source of daily commodity futures and financial markets information.
Pros: Charts and prices for grains, meats, softs, energies, metals and financials. Users can create personalized charts and research technical and fundamental analysis.
Cons: Lacks graphic components and technical indicators.
Summary: A futures and options Web site loaded with a variety of commodity charts and technical analysis indicators.
Pros: Charts for bonds, currencies, DJIA, S&P 500, energies, grains and other markets. Market news, commentary and the latest government filings available.
Cons: Users have to wait for a launch button before charts will appear. Would benefit from better layout and improved graphics.
Summary: Quotes, charts, news services and free trials of trading software and publications.
Pros: Customized charts, data and technical analysis indicators. Links to exchanges for quotes and charts.
Cons: Moving averages are available only for short-term analysis (one to 12 hours) and it offers no custom weekly or monthly charts.
Summary: Offers software applications and market information, as well as data and market updates.
Pros: Access to intraday quotes on all products. Duration of the charts can be changed and multiple moving averages can be displayed.
Cons: Access to futures quotes is not easy. Users cannot receive quotes on futures by typing in a symbol, but must go through the shortcut feature.
Summary: TradeSignals provides a variety of technical analysis indicators, as well as quotes, charts and information on different technical strategies.
Pros: Unregistered users can access intraday java charting, delayed quotes, charts, options strip services and market reports on closed positions. …