Deepinsight software

[tom41]

Is anyone using the deepinsight trading software on AUS stocks?
A free demo is available at:
http://www.deepinsight.com/DIHome.html
I would like an opinion.
thanks
tom

 

[bullmarket]

Hi tom41

Just had a quick look at the website you posted.

I haven't downloaded the demo version, but to me it looks like just another 'black box' trading system software.

I have no idea if the software is any good but I've always tended to steer well clear of black box software - especially when they essentially do what one can do for themselves using a decent charting software package.

I look at it this way with black box trading software - if I managed to find a trading system that generated consistent large profits I sure as hell wouldn't be advertising it or selling it. I'd be keeping it for myself to make a killing on the stock market because the more people that are using the same system then potentially the less effective/profitable it is.

If you are fairly new to charting and technical analysis, maybe consider putting the cost of the black box software towards buying some books or attending some courses on charting and then use what you learn to develop your own trading system rather than use what some black box wants you to use.

As I said, I haven't looked at the black box demo version but maybe keep the above in mind as you evaluate the software.

Good luck

bullmarket

 

[Happy]

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