Mobile Trading Discussion

FF community:

I am very interested in mobile trading platforms from a trading perspective as well a technological perspective. If anyone could provide any sort of answer or opinion on any of the following questions, I would appreciate it.

- Do you trade via mobile? Why or why not?
- If so, which do you use and why?
- What sort of trading do you do on mobile?
- What would make you be more open to mobile trading?
- Who develops these applications?
- What are your thoughts on proprietary broker mobile trading apps? In general or specific to a particular app.
- Would you as a trader be more drawn to a remote desktop connection application that reflects your home computer as is or a stand-alone trading app?

Any other comments or discussion on mobile trading is welcomed. I was thumbing through the archives and there didn't seem to be a good thread on mobile trading in the past couple years. Considering how quickly this technology moves, a new thread seemed appropriate.

I'm trading from my android phone using mt4 for android, which is proprietary application from metaquotes. And I think it's much more comfortable than trading from your computer, since I can trading almost anywhere (even when I'm poo***g)...

LOL @ trading locations. Same here. Very convenient, indeed. I'm on vacation right now and the place that we're staying at, their wi-fi started acting up, and I had no connection for my laptop. But once I stepped outside, I was able to get a signal for my android phone, with the same app that you're using. I just installed that app two weeks ago, and so far, I've had no problems with it.

@mc556........ I tried the remote desktop application path before, but the problems that I had with it were that your home computer always had to be turned on. If there was a connection problem on the home computer side, (not to mention, also a power outage), and you're out and about, trying to check on a trade through your mobile app, and you can't, very frustrating. But I have to admit, the one thing that attracted me to the home connection concept was the fact that after I drew up my charts on the home computer, I could check that same chart from anywhere, at anytime. Since I'm a Gann trader, and I draw up my charts from home, the one drawback with what I'm using now is that I can't check my Gann angles charts, etc.... through the phone. But once I know where and when I want to trade, and the order is put in, then I can go about my day and still check and modify my order through my phone. Just like right now, I've been short on EUR/NZD since last Wednesday. Woke up this morning, trying to check my trade, but the wi-fi was acting up again. So, I stepped outside, got a signal on my phone, just to see that my take profit target was finally hit. Now to see if this message reply will go through or not with weak wi-fi connection here.

Thanks for the response. Have you tried any other mobile apps for trading? Anything that would make mobile trading a better option or more seamless?

From my experiences, mobile seems best for checking existing positions and placing orders you already know you want to place. Is that generally accurate?

So it sounds like the remote connection would be a better option if it were more functional. I have to agree. It's something I want to look into more and see if I can find one that works with little fuss. I'll have to report back on that...

Does anyone have/know where I can find statistics on mobile trading apps? Trading volume, how many traders at a broker use them, etc. I haven't had any luck searching so far but that's because I assume they are difficult to find if available at all.