Of course, unless you’re a developer, you probably don’t care so much about what language the platform is written in or other messy details. As an investor, you want to know how eSignal software can help you make money. With eSignal trading software, you can gain access to some of the most powerful real-time charting software available.
Software is now very important for traders. Access to great software, like e signal software, can be the difference between maximizing your earnings and suffering big losses. This may sound dramatic, but it is true. That is why we recommend all investors take some time to evaluate software platforms that they may find to be useful.
In the following sections, we will go over the e signal platform, and review the platform objectively. In short, however, we believe that the e-signal software platform is a great platform and resource, especially for technical traders. However we also believe that you need to find the software platform that fits you best. Thus, you should consider several platforms.
eSignal and Technical Analysis
Remember, technical analysis is all about price movements. Stock prices going up and down, the volumes being traded, and other quantitative data. Technical analysts tend to look past “real world” data like financial reports and product launches, and instead focus on numbers.
Think about how markets work for a second. Price and supply are closely intertwined with one another. Real world events may heavily impact price movements, but the latter also have a sort of life of their own. For example, if a stock suddenly drops be 12%, there is a great chance that an overreaction to some market news is spurring the drop. Overreactions are common in stock markets, something every investor should keep in mind. By buying the stock when it bottoms out, you can buy stocks on the cheap. When markets settle down, prices will likely rise.
Beyond Price and Volume
So how does e-signal software work with technical analysis? E-signal software is a powerful tool because the charts are among the most up-to-date, accurate, and detailed. As with any good technical analysis platform, e signal goes beyond prices and volume, and also offers a wide variety of technical indicators. In fact, there are more than 100 indicators available on the e-signal platform. This makes it one of the largest and most robust technical trading information platforms available.
If you don’t subscribe to the technical analysis school of trading, e-signal won’t be as useful for you. Fact is, the developers of the platform has designed it from the ground up to work with technical analysis. While you may not be able to maximize the value of the e signal software, it may still be of use, so keep that in mind. While most of the tools are designed for technical traders, having access to powerful and up-to-date charts and tools can be useful for everyone and anyone who is investing.
Subscribing to E-Signal
A monthly subscription costs between $45 to $295 per month, though you can save up to 20% by purchasing an annual subscription. While this price may seem steep for some newer investors, the benefit can be quite tremendous. Once you have designed your first “draft” of a technical analysis trading strategy, you should sign up for e-signal and incorporate it into your trading strategy.
If you’re not sure if e-signal software is right for you, we recommend that you subscribe for a month and really give the software an in-depth trail. After a month or so you should have a good feel for the software. If you’re still not sure but are finding that e-signal software is adding value, we recommend subscribing for another month.
At some point, however, preferably within the first month, you should consider subscribing for an annual plan, or else moving on and seeing if you can find another stock trading platform that is a better fit. Fact is, e-signal is most affordable when you subscribe by the year. As an investor you need to save money when you can, and invest only in tools that you will really use.