Any idea about these trading softwares ?

sumantra

sumantra

Active Member
#1
#1
Does anyone have any idea about the softwares like "Data Signal", "Mudra Software" etc. ? The charges of the former is 14999/-(one time payment) and later is 1000/- per month. Moreover , "DataSignal" is giving lifetime free RTData.
I already have an EOD analysis software with minimal charge.Are they superior than own analysis ? Or, are they don't made me to go into loss ? Please guide me anyone. :confused:
 
RockyRobust

RockyRobust

Well-Known Member
#2
#2
sumantra said:
Does anyone have any idea about the softwares like "Data Signal", "Mudra Software" etc. ? The charges of the former is 14999/-(one time payment) and later is 1000/- per month. Moreover , "DataSignal" is giving lifetime free RTData.
I already have an EOD analysis software with minimal charge.Are they superior than own analysis ? Or, are they don't made me to go into loss ? Please guide me anyone. :confused:
Click to expand...
Never used these softwares but one thing is sure that a person who is good at Technical Analysis can do it on simple charts as well. Trend Lines & Moving Averages are your best friend on charts.
 
mark8tune

mark8tune

Active Member
#4
#4
What do you want to do with these softwares ? Are you gonna use algo trading ? or anything like that ? If you describe your needs someone would surely suggest some better alternative.
regards,
 
mark8tune

mark8tune

Active Member
#5
#5
If you just view the chart to analyse the market or specific stock your terminal has many options I guess, or better try Zerodha KITE. No RT Data needed any scrip you can see charts are superb simple and fast. almost all the indicators used vastly are available, and its free for Zerodha clients.
regards,
 
S

shensara

New Member
#6
#6
all software little modification and colour painting dont go for higher price trading system same system one person giving 3500, one person give 5000 another one give 10000. it is useless.
 
suri112000

suri112000

Well-Known Member
#7
#7
If I am a teacher of maths X std, I should have studied X std maths and my skill should have been put to test. I should have passed the subject with distinction. Further, just by studying and passing X std maths won't qualify me to teach maths. I should have graduated in maths subject and got trained as teacher ie acquiring B.Ed degree as well.

To teach a simple subject that too of X std, these many skills and tests I should have acquired and passed.

Likewise, if I want to sell a system, I should learn it first then put those skills into actual trading. I should have made money consistently using that system. I should have corresponding trading a/c and contract notes to prove that the system is working in actual trading conditions. If I have all these in tact, then I can offer to sell for the clients.

Does any of these vendors qualify these prerequisites? None of them.

Buying the system from these people is just like trying to learn X Std maths from 5th grade student. Think over it. Is it viable?
 
monkeybusiness

monkeybusiness

Well-Known Member
#8
#8
suri112000 said:
If I am a teacher of maths X std, I should have studied X std maths and my skill should have been put to test. I should have passed the subject with distinction. Further, just by studying and passing X std maths won't qualify me to teach maths. I should have graduated in maths subject and got trained as teacher ie acquiring B.Ed degree as well.

To teach a simple subject that too of X std, these many skills and tests I should have acquired and passed.

Likewise, if I want to sell a system, I should learn it first then put those skills into actual trading. I should have made money consistently using that system. I should have corresponding trading a/c and contract notes to prove that the system is working in actual trading conditions. If I have all these in tact, then I can offer to sell for the clients.

Does any of these vendors qualify these prerequisites? None of them.

Buying the system from these people is just like trying to learn X Std maths from 5th grade student. Think over it. Is it viable?
Click to expand...
And ask them a question,

"Kya aap panchvi pass se tej hai?" :lol::lol::lol:
 
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