TradeStation Review

TradeStation is charting software and system design all rolled into the one platform. It has fast become one of the most highly-acclaimed trading platforms for active traders because it offers two key capabilities:

1. Develop and back-test trading strategies
TradeStation offers you a risk-free method designed to help you pinpoint trading strategies that have worked year after year based on historical data. Its premiere EasyLanguage® technology lets you communicate virtually any custom trading idea imaginable (when you'd like to buy, and when you'd like to sell) to your computer.

Then, with just a click of your mouse, it back-tests your idea on up to 20 years of actual, intra-day market data and shows you the simulated results. All the trades you would have placed, your simulated net profit or loss, and much more-before you risk one cent of real trading capital.

2. Automated Trading
TradeStation is also designed to help you identify market opportunities and execute your trades more efficiently than you could ever do manually. It actually monitors the markets for you-tick-by-tick, in real-time-and seeks market opportunities based on your strategies.

The instant an opportunity arises based on your custom buy or sell rules, it's designed to automatically generate your entry and exit orders and send them to the marketplace-within fractions of a second of the market move.