Sep 15, 2009

Charting Software: To Pay or Not to Pay? I got a message from someone just now to ask me to look at this particular charting software for X dollars a month. Here's a part of the transcript (name changed for privacy reasons):

[11:02:16 PM] JLo: u heard abt XXX charting?
[11:03:03 PM] Leo: no
[11:03:05 PM] Leo: what is it
[11:03:23 PM] JLo: http://somesortofchart dot com
[11:03:31 PM] JLo: it's a charting software
[11:03:39 PM] JLo: quite good but gotto pay
[11:04:09 PM] Leo: ic
[11:04:13 PM] Leo: why do u need it
[11:05:39 PM] JLo: :)Hee... they have lots of indicator and the charting is easier
[11:05:53 PM] Leo: do u need a lot of indicators?
[11:06:04 PM] Leo: will it make u a better trader?
[11:06:57 PM] JLo: Well... (think) no
[11:07:06 PM] Leo: ok
[11:07:08 PM] Leo: there u go
[11:07:34 PM] Leo: so u can now donate 50% of the money u were planning to spend to my paypal account

There you go. Unless you have a particular need for a specific indicator that is not offered for FREE or you're trading millions of dollars, there is almost no distinct advantage of having to pay for charting software. Those available for FREE will do the job perfectly most if not all of the time.

So there you go, don't pay for something you don't need. If you insist, ask me for my Paypal account first ok?

Happy Trading!



radclyffeigarashi said...

J-Slot Online - Casino - St. Louis, MO
Online 제주 출장마사지 casinos operate under 공주 출장샵 the jurisdiction of the Missouri 하남 출장안마 Gaming 제주 출장마사지 Control Board and the Missouri Gaming Control Board. J-Slot Online, Casino, Slots, Table Games 포천 출장안마

Post a Comment


Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.