Latest news with #RajivSethi
Time Business News
27-06-2025
- Business
- Time Business News
Ranking the Best Trading Apps for Active Day Traders
By Rajiv Sethi Day trading is a fast-paced, high-stakes game where every second counts. To succeed, traders need tools that deliver speed, precision, and real-time data. That's where choosing the best trading apps becomes critical. In today's highly mobile world, professional and amateur day traders alike rely on smart apps that offer lightning-fast execution, live charts, and instant market updates. In this article, we'll rank the best trading apps for active day traders and explore what features make them stand out in today's competitive financial landscape. For active day traders, even a momentary delay can result in a missed opportunity or unexpected loss. Whether you're scalping small moves or riding intraday momentum, the best trading apps give you the power to act instantly and decisively. Real-time price tracking One-tap trade execution Customizable alerts and indicators Low or zero commissions Advanced charting tools Instant news and sentiment feeds These aren't just luxuries—they're necessities in the high-speed world of day trading. Still a top choice for forex and CFD traders, MetaTrader offers excellent charting, algorithmic trading capabilities, and low latency execution. Its mobile app is intuitive and allows custom indicators and expert advisors. Why It's Great: Fast execution Great for forex traders Customizable indicators Thinkorswim is known for its depth of tools, real-time scanning, and built-in paper trading. While its interface is packed with features, it remains user-friendly for day traders. Why It's Great: Advanced technical tools Real-time scanning and alerts Strong community and support Perfect for serious traders, IBKR offers ultra-low commissions, access to global markets, and institutional-grade tools. Its mobile app supports all asset classes and integrates professional-level functions. Why It's Great: Global asset access Real-time news integration Smart routing for fast trades Webull is one of the best trading apps for beginners and experienced traders alike. It's commission-free and has advanced technical charts, multiple order types, and customizable widgets. Why It's Great: Zero-commission trades In-app trading community Technical analysis tools For traders who like social elements, eToro offers copy trading, community insights, and a sleek interface. While ideal for swing traders too, its real-time trade features support fast executions. Why It's Great: Social/copy trading Simple interface Crypto, forex, and stocks TradeStation offers powerful tools for professional day traders. With direct market access, strategy testing, and smart order routing, it's designed for speed and accuracy. Why It's Great: High-speed execution Algorithmic trading support Integrated news and data When ranking the best trading apps, these features matter the most for day traders: Fast trade execution is crucial. Apps must support low latency and smart routing. Access to live, customizable charts with multiple timeframes and indicators is a must. Traders need instant alerts for price movements, volume spikes, and news events. Delays in data can kill trades. Live feeds and integrated sentiment tools offer a major edge. In day trading, complexity can slow you down. A clean, customizable interface helps you act quickly. To make the most of these best trading apps, day traders also need to monitor the trading pulse—the real-time flow of market data, sentiment, and macro events that influence short-term moves. A synced setup between a trading pulse feed and your mobile app can: Trigger alerts faster Improve timing on trade entries Help you stay ahead of breaking news Increase win rates during volatile hours As a trader who has tested dozens of platforms over the years, I believe that having the right mobile tools is just as important as your strategy. The best trading apps don't just offer features—they offer flexibility, precision, and an edge that's vital for consistent intraday profits. If you're serious about day trading in 2025, invest in tools that empower you to act instantly and think ahead. Whether you prefer technical setups or fast news-based scalping, there's a trading app on this list that can take your performance to the next level. TIME BUSINESS NEWS
New York Times
07-05-2025
- Business
- New York Times
Betting Sites Place Odds on the Papal Conclave
The wisdom of crowds can go only so far. High-tech betting sites 'will never be able to break through the complexity, the unpredictability of the decisions made inside,' said Franca Giansoldati, a Vatican specialist who writes for Il Messaggero, one of Italy's biggest daily newspapers. Rajiv Sethi, an economist at Barnard College who has studied prediction markets, noted that when it came to the presidential election, bettors were able to process a wide variety of information sources, including public polls and televised debates. The papal conclave — famously conducted behind closed doors and composed of an expected 133 cardinal electors sworn to secrecy — offers far fewer clues for gamblers. 'We can rule out information leakage from cardinals,' Mr. Sethi said. Conclave politics have been highly unpredictable. In 2013, the odds-on favorite was Cardinal Angelo Scola; Cardinal Jorge Mario Bergoglio, who became Pope Francis, was on few short lists. (That's a reminder that, as vaticanisti often say: Whoever enters the conclave as pope exits a cardinal.) This time the cardinals again appear divided, and many are meeting for the first time, factors that could complicate how long it takes before white smoke emerges from the Sistine Chapel. Once the cardinals are locked inside, their politicking and alliance-building are obscured. Conclaves often turn on moments out of public view, when 'everything can turn upside down in an instant,' said Stefano Maria Paci, a vaticanista for L'Espresso, one of Italy's most-read weekly newsmagazines.
