Some platforms tend to bog down during high volume situations (such as during Fed announcements). Laser, however, never skips a beat. Orders are received and executed within fractions of a second, and data feeds and charts rarely, if ever, trail the market. Some trading platforms have momentary hiccups during the day due to maintenance or outages, yet Laser prides itself in staying “live" throughout the trading day.
The level II screens that Laser provides are some of the best in the business. The customization is quite extensive. You are able to pick and choose the specific ECNs and market makers you wish to appear or not. The color-coding is very simplistic, and allows you to quickly gauge the depth of the market. You can also highlight certain market participants if you believe they are important to the stocks direction.
The watchlists are top of the line. You are able to sort the stocks by bid, ask, last order, change from close, change from open, percent change, volume, bid size, ask size, etc. This customization allows you to find the precise price action you are looking for, while weeding out low volume or low-priced stocks.
Laser has a very impressive money management system. Day trading is a risky endeavor, and being able to properly manage risk is important. Being able to keep stats to find out what time of the day you are trading well, what times you usually trade poorly, your average win rate, percent short vs. long, winners vs. losers, etc. helps to pinpoint your strengths and weaknesses. Laser also has the option to place a daily stop limit that will not allow you to trade if the threshold is met.