is Metastock is reliable

#1
hi i am new to trading and going to do my first trading in next few days

i hav a software Metastock pro 11

is it reliable can i put my money in stock based on the analysis of this software
is this software give wrong advice

few tips on how to use this software.

i am doing to do both intraday and Normal Trading (Holding for few days)


Thanks
Vinamra
:clapping:
 
#3
Welcome to Metastock community. Metastock is just a TA Software like other softwares like Amibroker, Tradestation etc. You have to understand the Market thro Technical tools in Metastock and then play in the market. Iam using Metastock for 5years. Lot of our senior members are there to guide you.
Happy Trading:)
 

rkkarnani

Well-Known Member
#4
Metastock does not 'give' advise!!! It shows "signals" as per our "input"!!! There must be N number of Experts, Trading systems, Indicators in your MS, and for every stock or index you will have to decide which one to use with what parameters.
Your Post conveys a view that you are not at all aware about the working of a "Technical Analysis" software, you need to do some Home Work, and understand the basics!! You may find a lot about Metastock on Traderji too!!
Even Google search will give you a lot to read!!
Dont be in a hurry to start trading!!!
 

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