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Daytrading Software, Teach Me To Trade Q. How does your software compare with that "Red Light, Green Light" software?
A. Well, of course, we think our software is the best ever. The
software you're referring to is a trend following system that costs about
$4,000. It uses red and green lights and some kind of momentum chart to tell you
when to trade.
Swing Trading Software Also, once you buy the “Red Light, Green Light” software, you really need to subscribe to their market scanning service, which costs more than our entire software package, just to find stocks which might fit their trading criteria. When you use the DecisionBar Software, every stock fits our trading criteria. Just pick the stock. you want to trade and our software will tell you when to Buy and when to Sell. Q. Which is the better platform to use with the DecisionBar indicators. A. It depends what you are looking for. TradeStation Indicators eSignal and TradeStation are a full featured, professional quote and charting programs. eSignal includes its own data-feed, quotes, charts and a few basic technical studies and drawing tools. You can add other options like Level II Quotes, Real Time News and more Advanced Studies for an additional charge. TradeStation is a brokerage, and you must open a trading account to use their platform. If you wish to use the TradeStation platform without opening a trading account the cost is about $250/month plus exchange fees. Futures Trading Systems MultiCharts is a robust charting program. It reads a number of different real-time data formats including eSignal's various data feeds, MetaStock (End-of-Day and Real Time), TradeStation, TradeStation Global Server 2000i, DTN IQFeed and Interactive Brokers (TC2000 coming soon). MultiCharts includes 100 technical indicators and intelligent drawing tools. You can buy a permanent lease for MultiCharts to reduce your monthly costs. MultiCharts has the unique capability to chart the same or different trading instruments, in the same or different time-frames, each with its own independent indicators, and the bars formed will be aligned chronologically. Each trading instrument and indicator can be assigned its own subchart to avoid clutter and allow easy visual analysis. MultiCharts is probably the superior charting program. That being said, it is still under development and will likely have a few bugs. MultiCharts has a steeper learning curve than eSignal and TradeStation, and set-up, while straight-forward, takes a little time and is more involved that eSignal or TradeStation. MCFX is the ground-breaking new charting platform designed specifically for Forex trading. MCFX includes FREE integrated real time streaming data on 24 of the most popular currency pairs. It is very fast and very stable. Set-up is quick and easy.
If you trade forex exclusively, MCFX is a
great program and the program for you!! Q. You state that someone can be trading profitably within two hours of receiving the DecisionBar Trading Kit. How can that be when other trading courses take months and cost thousands of dollars? A. First of all, two hours is a best case scenario. Smart traders will take their time, trade on paper for a while, and make certain they understand the DecisionBar trading methods, and can show a paper profit before they trade. That being said, we stand by that statement. The DecisionBar trading method is very intuitive and the software is very easy to use. The manual is clearly written and down to earth. The tutorials give you real life trading examples, and, If you look at our screen shots, you'll see how our DecisionBar Strategy Indicator gives you a "feel" for the rhythm of the market, as well as unambiguous Buy and Sell Signals. Q. What if I have questions or a problem? A. Our office is open each trading day during market hours. You can email support at any time. You will receive a response within 24 hours (usually, within an hour). For a real emergency, you may call, but remember that we are traders. We always answer the phone, but we may have to get back to you later in the day. Q. Will you tell me when and what you are trading? A. Absolutely not. The beauty of the DecisionBar Trading Method is it works for any trading instrument in any time frame. Once you become a DecisionBar trader, you won't care what we are trading. You'll be able to make your own trading decisions with confidence.
Q. I already
subscribe to eSignal, will they still give me 30 days Free? Q. What kind of computer system do I need to run your software? A. DecisionBar software runs on Microsoft Windows operating systems with the following requirements:
Minimum Requirements: Please click the button below to order.
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