Dear friends, everybody seems to search for some secret formula to trade. That's absolute bullshit. I've been daytrading for the last 7 years with reasonable amount of success. At first, I went for indicators, softwares and the like. They are needed to a certain extent. To daytrade you need a software like Metastock and realtime data that gets integrated into Metastock like offered by Viratech. After that its all really very simple. Just follow a trend and put a stop loss. Even if you are wrong with the trend, just put a stop loss. The rest would would take care of itself, even if you are wrong half the time. Look at an indicator like the Rsi, take a call and put a stop loss at the recent top or bottom or book profits when the trendline breaks. That should do.