subject: Metastock Will Give You The Edge When Trading The Share Market [print this page] If you are a share trader on the Australian share market and want to determine the best trading strategy, you should consider establishing a relationship with an expert organisation that has access to metastock product because this will certainly give you an edge.
In a recent survey of share traders new to the market, participants were asked to respond to a number of questions. These included questions as to whether the participants had entered the share market and relied on their own research techniques to determine when they bought or sold or whether they had established a relationship with an organisation that offered support and educational seminars on trading strategies. It also sought responses to questions that related to the resource tools they had utilised and the actual profit or loss made over the preceding six month period. The survey sought to determine and quantify the benefit of using resource tools such as metastock 11, metastock data and metastock indicator tools as well as other charting software programmes available on the market.
The responses to the survey clearly indicated that those new entrants to the share market who retained the services of experts in the field and invested in software programmes such as metastock achieved much better results on the share trading. The metastock tools were considered very user friendly and provided users with excellent end of day analysis of their share portfolio's performance and that of the market generally. Those traders that invested in one of the comprehensive packages offered by well established and recognised companies out performed those traders that opted to do their own research and not invest in any charting programmes. They simply monitored the share market online and read up on research and articles about the companies that interested them. These traders did not really adopt a trading strategy and were not able to monitor their total portfolio nearly as well as those that had invested in end of day analysis tools such as metastock and other software programmes.
Respondents to the survey noted the benefits of establishing a relationship with the seller of the software programmes. It was their view that the expense was very small when compared with the support and knowledge imparted in relation to share trading. Those traders that enjoyed the greatest profit had researched online for charting tools and organisations that could provide a complete end to end solution for their new trading business a consulting service, training and on going support. Those in the field that made the highest profits on their share trading were those who decided to invest in research materials and established themselves as a client of one of the organisations that provided comprehensive tools, support and service package (which included metastock software and other recognised charting programmes). These respondents considered that they were far better positioned to succeed because they felt they had the right research materials and tools as well the access to expert educators and the training offered by them.
Metastock Will Give You The Edge When Trading The Share Market
