Want Free Software that Provides Buy Sell Signals for Intraday Trading?

By admin · March 30, 2010 · Filed in Intraday Trading

Hi, My name is avadhoot. I am a intraday trader. I trade at NSE. Could u recommend me any software which would give me buy sell signals for intraday. Please reply. If poss mail me at kanade_avadhoot@yahoo.co.in

My recommendation would be to give up. Statistically, 90% of day traders lose money over a one year period. Are you going to be the lucky 1 in 10? Don’t try to trade intraday. Lets put it this way. If I were smart enough to know when to buy and sell intraday, and I were smart enough to be able to create a computer program… why would I bother selling or marketing the program? Wouldn’t I just keep the program to myself and continue to make money trading intraday? In other words, very very very few people can trade intraday, and if/when they are successful, they don’t go around sharing it with everyone because then their strategy would get crowded out and not work anymore.

Good luck!

Comments

My recommendation would be to give up. Statistically, 90% of day traders lose money over a one year period. Are you going to be the lucky 1 in 10? Don’t try to trade intraday. Lets put it this way. If I were smart enough to know when to buy and sell intraday, and I were smart enough to be able to create a computer program… why would I bother selling or marketing the program? Wouldn’t I just keep the program to myself and continue to make money trading intraday? In other words, very very very few people can trade intraday, and if/when they are successful, they don’t go around sharing it with everyone because then their strategy would get crowded out and not work anymore.

Good luck!
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