Ninja Trader, a powerful stock trading technical analysis charting software, and Betfair, the leading sports betting exchange, can now be combined to help sports traders predict odds movements. Technical analysis has been difficult to be applied in Betfair graphs and traders have been using third-party trading software to plot technical analysis indicators. Now Quantsports fills the market gap as the bridge between Ninja Trader and Betfair, bringing the ultimate trading charts to sports betting!

Trader Workstation is the stock trading software of Interactive Brokers, my online stock broker. While I was stock trading yesterday, I video recorded the order management window for about half a minute to show you how a portfolio looks like while trading. The order management window of the trading software includes all stocks and currency pairs I had traded, showing long and short orders, bid and ask stock prices and most importantly the number of shares and P/L of each instrument. A stock trader is also able to watch the overall P/L of the day trading either stocks or forex.

Bfexplorer Pro and BetAngel Pro are well known Betfair trading platforms. These pieces of Betfair trading software offer enough features for the most experienced Betfair trader, such as a trading ladder, quick refresh times and one-click betting. I have been a BetAngel Pro user for many years and decided to make a video of both trading platforms showing the same horse race betting odds along with the trading charts.

In the video, which was recorded quite a few months ago, I trade the betting odds of a UK horse racing market, although that was not my intention. My primary goal was to compare the trading software and their response times. My conclusion is that both trading platforms are fast enough for order executions and their trading ladders refresh quickly. For a more thorough test you can trial both of them and make your own software comparison. Either way, BetAngel Pro and Bfexplorer don't lack anything if you are serious about Betfair trading.

I am using a multi-monitor setup for online trading with Interactive Brokers Trader WorkStation or TWS in short. The stock trading software allows you to open many stock charts and windows at the same, taking advantage of the desktop space. By trying to make the most out of it while day trading, all 4 monitors display trading graphs, account and quote information.

Starting from the first monitor on the left, there are 9 stock charts there showing 1 minute bar graphs. I usually display the charts of the stocks I currently hold or I am about to trade. In this way, in case I want to get out quickly if a stock reverses, it just takes me a moment to verify the reversal and trade out without sacrificing a lot of profit. If on the other hand the stock doesn't perform the way I predicted, I can trade out before my stop loss hits. However these bar graphs are also helpful when scanning the stock market for trading opportunities. I often scan the stocks sorted by volume traded and I can scan almost 10 stocks at once. If I don't find something worth noting, I move on to the next 9 stocks until all 9 stock charts are occupied by stocks that are in my watch list. I always display 1-minute bar graphs in this monitor, since I am day trading and looking for quick trades.

Most of traders at Interactive Brokers use third party charting software for their trading graphs. I thought that Interactive Brokers' platform was good enough to trade but apparently traders find it easier to trade using bar or line graphs of NinjaTrader, AmiBroker or Sierra Chart. These are 3 of the most popular pieces of charting software to accompany an Interactive Brokers account. Tradestation is another popular alternative while very few are trading through Metastock, since it requires a paid third party plug-in to connect it with IB.

MetaStock Trading Platform

I have been using Metastock as my charting software while I am trading in the Greek stock market and backtesting any online stock trading system I believed would work. So, when I spent a couple of hours yesterday night to find out what is going on regarding charting software, I was surprised to find out that other programs are more popular than Metastock. I read a lot of software reviews, software comparisons and according to most of them I have reached to some conclusions.