hi everyone,
i'm surprised everyone talks of metastock but not about pricing. it's available in the US 4 much less. in fact stockcharts.com offers a bundle of metastock 9.1 & chart pattern recognition add on 4 $ 550. in india viratech retails metastock 9.1 only 4 around 31000 plus 4 % VAT. what i want 2 know is if i can order directly from the US paying thru western union and if it will be delivered diretly 2 my doorstep or will i have 2 collect it from customs. in case of the latter, how much duty will i have 2 shell out. would it b worth the trouble ? the info provided by someone well versed with import duties will help a lot of people as the software is grossly overpriced in india.
as 4 beginners i would agree with my other friends on the forum that they could use amibroker with a reliable data feed. the free version is very good & does pretty much everything except screening. but a beginner wouldn't have the money 2 invest in 10 - 15 stocks at a time. so if you're still learning & trading 2 - 3 stocks at a time stick with amibroker. don't waste money on metastock till you've learnt the ropes well enough. use the same money for investing instead. remember - no one is born a successful trader, you become one with practice. and 4 that u don't need metastock or ad get. what's more important is the software you've got inside ur head. you've got 2 fine tune & discipline that first. i'm posting this b'coz a lot of new wannabe traders think metastock or ad get is the only way 2 make money. they learn later the hard way that ur basic foundation has 2 b as hard as a rock 2 b able 2 successfully use any software.
hope this helps all new traders out there.
thanks.
i'm surprised everyone talks of metastock but not about pricing. it's available in the US 4 much less. in fact stockcharts.com offers a bundle of metastock 9.1 & chart pattern recognition add on 4 $ 550. in india viratech retails metastock 9.1 only 4 around 31000 plus 4 % VAT. what i want 2 know is if i can order directly from the US paying thru western union and if it will be delivered diretly 2 my doorstep or will i have 2 collect it from customs. in case of the latter, how much duty will i have 2 shell out. would it b worth the trouble ? the info provided by someone well versed with import duties will help a lot of people as the software is grossly overpriced in india.
as 4 beginners i would agree with my other friends on the forum that they could use amibroker with a reliable data feed. the free version is very good & does pretty much everything except screening. but a beginner wouldn't have the money 2 invest in 10 - 15 stocks at a time. so if you're still learning & trading 2 - 3 stocks at a time stick with amibroker. don't waste money on metastock till you've learnt the ropes well enough. use the same money for investing instead. remember - no one is born a successful trader, you become one with practice. and 4 that u don't need metastock or ad get. what's more important is the software you've got inside ur head. you've got 2 fine tune & discipline that first. i'm posting this b'coz a lot of new wannabe traders think metastock or ad get is the only way 2 make money. they learn later the hard way that ur basic foundation has 2 b as hard as a rock 2 b able 2 successfully use any software.
hope this helps all new traders out there.
thanks.