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Trading Softwares

Discuss the trading softwares, nse/bse tickers, EOD, technical analysis softwares, commodity trading softwares, NEAT system etc.

Thread: See Buy & Sell signals Softwares site

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#9 (permalink)

25th March 2008, 08:36 AM

joesb213

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More then software........

Date 3/25/08 time 7.32 am

Hi All,
I have writtten it earlier too, but am writing it once again. What matters in intra day trading is not what the software can throw back at you, but how you are able to develop risk reward ratios in the signals that are generated by softwares. Softwares per se can come up with uying and seeling signals which will be based on oscillators. They do not take into consideratin the risk associated with any particular trade. What is the distinguishing line between a successful and an unsuccessful trader is the understanding of risk.

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