PDA trading

Here's my case:

Once I have done my Tech Analysis on my tradestation, I set up my alarms in case the pre-defined levels are reached to start searching for an entry. Now the problem is that I am fed up of butting around the house all day long waiting for the sound alarm to go off. It's a sunny day out there and Im stuck here waiting for something that might or might not happen.

So I've been thinking to buy one of those PDAs or super cell phones with a large touch screen and set it up to receive those sound alarms on it, so I can go have a coffee outside with my girlfriend and stuff. Should I receive the alarm, I can wirelessly connect to the internet and scan the charts on the PDA screen to verify whether my entry requirements are filled and send the order to my broker.

I am a total newbie when it comes to electronic gadgets, so please spare with my ignorant questions:

1) if I buy a PDA (not a phone), can I receive real-time those alerts if the PDA is on stand-by mode? or would the PDA need to be logged on the internet 24/7? I hope not because otherwise the battery wouldnt last long.

2) If I buy a PDA, would I need to also carry my mobile phone around to connect to the net via BlueTooth or could the PDA connect to the net by itself should a WIFI point not be around? if that's the case, I'd rather buy a super cell phone than a PDA cause I dont wanna carry two devices all day long.

3) since I need to look at the charts before sending the order confirmation, I'd need a PDA/phone with a large screen. That's why I am in the market for a 640x480 resolution device. I like the ACER N311 because its small size and reasonable price. There are some super cell phones with that resolution, but they are pricy and their size is massive. Any recomendations as far as the hardware goes, either PDA or super cell phone?

Thanks a lot in advance. I hope you can assist me in this matter so I could go out the house after doing my TA analysis. My girlfriend will be ever thankfull to you!

So, you want to leave the house while the markets are open? Like, go outside?

Interesting concept.

You might take a look at http://www.metaquotes.net/mobile_terminals You can trade directly from the terminal if you want. I haven't tried it myself, but I want to so I'll interested in what you come up with.

Hi WTB. I recently had a NIGHTMARE with pda stuff. I bought a pda from dell after Verizon told me they would give me service. After I bought it, got it installed on the computer, I went to the Verizon store and they told me then that they WOULD NOT give me broadband internet access because I didn't purchase the pda there.

My advice is before you buy a pda, find a provider who will give you access, what kind of access, and if you have to buy the pda from them or not. Many carriers want you to have a cell phone with them already AND sign up for a new 2 yr contract.

Wifi is a good idea if you live in a major city but it's nowhere near where it needs to be to be a reliable trading network.

If you have any other questions, feel free to pm me.

i use a Treo 650 (palm os) with the mobile platform from interbankfx. It works great for managing trades. You cannot put any indicators on the charts, but it sure is cool to be able to monitor your trades while you are on the golf course.

damn. these days Android apps are everywhere !