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Step 1
Pick something that specializes in your particular market. It doesn't make sense to choose a system designed for day traders when you're only looking at things over the long term. The same is true for systems that work with stocks and bonds, if you're trading currencies. So begin by narrowing down your options to the trading systems that work with your particular style of trading.
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Step 2
Check out the reporting features. The ability to pull up a good report and analysis is worth its weight in gold. So, choose a trading system that gives you all the basics with just a few simple clicks. You should be able to pull up candlestick patterns, chart patterns, Fibonacci retraces, GDP averages, interest rates and various other reports quickly and easily.
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Step 3
Find something that's easy to use. The most sophisticated system in the world won't do you any good if you can't figure out how to use it. Most trading systems offer potential customers a real-time demo where you can play around with the system and figure out how everything works. If you have to check out the how-to manual every few minutes, try a different system.
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Step 4
Make sure it's worth the price. Depending on the scale you're trading on, a $2000 system may not be feasible for the casual trader. Make sure that the price is worth the investment.
