Please suggeust me which is best

P

praveenkorukonda

New Member
#1
#1
I have started my trading in July 2007 after that without any basic concepts I made money till Feb 2008 but from Feb 2008 it started losing the money. Then I started to learning concepts through this form it helped me a lot. Then I started futures options and commodities to recover that money but it also worked for only some time then again I am losing more money. At last I stopped trading for some time and started collecting more data about this trading software.

My questions are as follows

1. Weather these softwares will help in getting the profit with less risk.
2. If softwares are making profits with the less risk which software is best one?
3. After going through all the post I have seen almost everybody is telling we need to use our own languages to write the formulas for the softwares. Then what is use of the oscillators providing by those softwares.
4. Cant we make money with the default features given by the softwares

Please help me guys
 
N

NOMINDTR

Well-Known Member
#2
#2
praveenkorukonda said:
I have started my trading in July 2007 after that without any basic concepts I made money till Feb 2008 but from Feb 2008 it started losing the money. Then I started to learning concepts through this form it helped me a lot. Then I started futures options and commodities to recover that money but it also worked for only some time then again I am losing more money. At last I stopped trading for some time and started collecting more data about this trading software.

My questions are as follows

1. Weather these softwares will help in getting the profit with less risk.
2. If softwares are making profits with the less risk which software is best one?
3. After going through all the post I have seen almost everybody is telling we need to use our own languages to write the formulas for the softwares. Then what is use of the oscillators providing by those softwares.
4. Cant we make money with the default features given by the softwares

Please help me guys
Click to expand...
I strongly suggest a reading of "Trade for a living" - Dr. Elder
 
rohangawale

rohangawale

Well-Known Member
#3
#3
Each Software is not suitable for everybodys personality. so everybody suggest to write, and make changes which suits ur personality AND BACKTEST IT, then only put ur real money for trading.

there are N number of strategies of making money in mkt. but it doesnt suits everybodys mentality , personality so its always better to use what we need and suits us.
 
P

praveenkorukonda

New Member
#4
#4
Thanks you guys for the feedback. Still I need more feedback, my mind is in very confused state to select which software and just i want to know weather the predefines oscillators which are coming with the softwares will give at least a decent returns or not.

Please help me
 
Capricorn

Capricorn

Well-Known Member
#5
#5
Most software have the same indicators / oscillators. What makes you money is your application not the software. Its what you see in the chart that matters. So IMO the best software is the one between your ears.:lol:
All the best.
 
praveen taneja

praveen taneja

Well-Known Member
#6
#6
praveenkorukonda said:
Thanks you guys for the feedback. Still I need more feedback, my mind is in very confused state to select which software and just i want to know weather the predefines oscillators which are coming with the softwares will give at least a decent returns or not.

Please help me
Click to expand...
Bro cant suggest u software but want to advice watever software you chose try and paper trade at least for 3 mnth before putting in real money:)
 
rajatheroyal

rajatheroyal

Active Member
#7
#7
No software can make u a successful trader.They are useful just to reduce our work.If there were a softwere which automatically makes money with little risk then everybody would be using it.I dont use a single indicator in my trading.I just use software to see realtime charts.For that any software either metastock or amibroker would suffice.As gsalvadi sir rightly said you need to read the book
"Trading for a Living"
Happy trading.
 
A

aaplana

Active Member
#8
#8
Software are just for printing/ plotting charts, various indicator and combination of it.
Soft cant suggest what to buy and when to buy, it just through the market picture in diff forms of indicator. Each indicator has its own meaning and intrepretation which depends on time and market scenario.
The final conclusion depends on the ability of individual's interpretation capability which again come thru only practice n practice.
So my dear just practice and back test your strategy on just any plateform u feel comfortable n oce u start making money on paper then play in the Real Ground.
I suggest u to go with FIBOTRADER as it is a full fledge soft and Free Absolutely

Aaplana
 
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