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Trading tools     

brain2brain - 01 May 2004 16:27

Up until now I have been using all the free data from various investing sites to try and decide which shares to invest in. I now realise that I need more information to make even better choices. In particular I like the idea of investing in shares which have shown consistant growth over the past 12 months eg Top Tiles, Rolls Royce etc. I would very vey interested to know if there is some kind of stock screener which will allow me to identify this type of stock. There are inevitably lots of sites that seem to offer this facility... at a cost. But before I decide which one to go for i would really welcome any advice / recommendations from more experienced investors.

Cheers in advance

Brain2brain

Iain - 01 May 2004 17:01 - 2 of 6

Sharescope probably your best bet
http://www.ionic.co.uk/
You can download a demo version
Iain

kandrews250 - 02 May 2004 17:39 - 3 of 6

I use omni trader ( demo on site ) which you can get supplied from signal trader in london. Cost is circa 200 and download for end of day is 70 qtr. The guys there are available on the phone and always helpfull. Software is easy to use and provides signals to buy which you then screen to make sure suits your needs. You can also set up your own strategies. Hope that is of interest.
Regards ka

brain2brain - 03 May 2004 15:25 - 4 of 6

Thanks for these ideas. I'll have a look at them.

I had a quick look at the crocs site and came across the snappy trader 123 share analyser software. This seem at first glance to fit with the kinds of shares I might be looking for ie growth shares that have an established trend. Has anyone out there tried this and if so how do they rate it?

B2B

jeffmack - 03 May 2004 16:00 - 5 of 6

B2B
Ask him for a free trial :-)

kandrews250 - 03 May 2004 20:28 - 6 of 6

I used crocs first and it helped and then decided to go for additional tools to use as combined method. One thing i forgot to mention with omni trader is you can use it in game mode. In this mode it picks a share out from the database ( you do not know which one ) and then allows you to trade it on a daily basis with all the signals/ indicators you have selected. You can then see how you would have done in the real market... but i dont cost ya a penny. Good to practice on and I think the only package that lets you do this. Good luck with your decision.
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