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Decisionbar Helps Me Trade Stocks Effectively
By plrprousers | December 6, 2008
Something all stock market investors struggle with is finding the right piece of stock trading software. It is a very important decision for a few reasons. You can pick from a whole host of options, from Telechart to decisionbar. Some can be a great help to your trading, some are crap and do more harm than good. Every type of stock software charges a fee, but only some of them “cost” you money. Picking the right software program for you can make the difference between making money or losing your shirt.
Anyway I’m really here to talk about one stock program in particular, decision bar. My favorite method of trading is unquestionably DecisionBar, and I use it all the time. Les Schawartz created the program and he’s one of the guru’s you can go to if you need help. Les created a system that is so easy to use, and for its ease it is amazingly simple for even beginner investors and the computer illiterate. It doesn’t matter if you’re new to investing, it’s so simple after a day or two you’ll be using it like Les himself.
You can learn the system in minutes, and the methodology is a snap. The day you get the package in the mail you can crack it open, toss the disk into the computer, and be trading in minutes. Les offers a 30 day FREE trial. The only thing you can’t get back is the postage. Decision Bar Trader works for stocks, futures, and the Forex markets. Just like I said earlier, Decisionbar can be used for any unit of time, or even for options investors.
If you want to trade intraday then you need a data feed after the trial period. I suggest you get a data feed even if you don’t want to day trade so you can at least keep an eye on how things are working. Several live sources are given that also have a free trial to go along with the system. DecisionBar doesn’t do all the thinking for you, you do need to still use your brain. This is not a black box. Your decision to take a trade or not trade is made easy once you understand the system.
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