Best software for Intraday

#1
Hello every one!!!

I new to traderji.com also new to Intraday...

Till now i have invested in Mutual Fund thru SIP.

Can any one suggest me the best software for Intraday & guide
me where i can get (whether free or paid).

Thanks in advance.

Mani.
 
#2
There is no such thing as best software for intraday or anything.No software is going to make u rich.You have to develop ur own strategy by analysing past data and for that purpose any trading software having the popular technical tools is enough.By the way you can use metastock or amibroker for ur daytrading.
 
U

uasish

Guest
#3
I use Metastock but Ami is more user friendly as rajatheroyal pointed out it is YOU who is going to put the command instructions to the s/w as such it itself can not generate any proven effective signals.
 
#4
Hi Smani,

All you can get is datafeed for intraday or eod.
Then link it up to Amibroker, use the best formulae available, analyse and trade.
Dont trade futures and options or commodities to begin with.
Especially if you are a novice and lack formal education and live training in trading. Just begin with stocks,papertrade,then begin with small capital.

The only thing you need to remeber is
Dont wait to let your losses go uncontrolled, beyond a set limit.
Dont be absent minded(I know some futures trading specialists who were trading on my friends money,and who forgot about their contracts to let them expire worthless), Dont give your money to specialists,who never treat your funds as their own,instead you trade yourself,with caution.
Hope you read PMS results of RELIGARE AND SHAREKHAN WHO,BEING PROFESSIONALS,HAVE WILLINGLY LOST 62% AND 40% OF INVESTED CAPITAL.
If you need a free datafeed software,please contact
[email protected]
He is a simple and nice guy will help you.
His software works on Amibroker and metastock both.

Happy trading,

Remember the saying from TRADING IN THE ZONE author,
Be ready and alert to exit your positions at the perception of loss.

It means do not wake up after loss has come and played havoc.
 

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