Day trading software

Day trading software

Author
Discussion

dimmadan

Original Poster:

701 posts

270 months

Saturday 13th November 2004
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A friend of mine is looking for some day trading software, I was wondering if anyone could recommend some. He's been offered some 'geko?' software for £6k or £3k if you dont make £25k in your first year. Anyone used this? any recommendations appreciated.

PetrolTed

34,443 posts

310 months

Saturday 13th November 2004
quotequote all
If the software was that good, they wouldn't be selling it, they'd be using it!

thepeoplespal

1,674 posts

284 months

Sunday 14th November 2004
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You need to get onto some financial boards, www.iii.co.uk used to have some, not sure these days though.

The basic premise is, if its sounds too good to be true, it usually is.

Sounds like far too much money to me, when you look at it, doing the research and trades manually doesn't cost anything and £3-6k is a lot of profit to make.

dimmadan

Original Poster:

701 posts

270 months

Sunday 14th November 2004
quotequote all
thanks for info.

Its actually go-gecko www.mx-t.com/

Mates gone and bought it!

I did ask how much money they were basing their £25k return on but didn't get an answer... we will wait and see. Check out their demo. I'm no expert on trading, its all dutch to me.

limpsfield

6,193 posts

260 months

Monday 15th November 2004
quotequote all
It is a scam - there is some sort of moneyback guarantee thing with it but you hjave to have taken every single trade over a few months or something. There is no Holy Grail

ATG

21,369 posts

279 months

Monday 15th November 2004
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Treat technical analysis with great care. Treat day trading with great care. IMHO it make little sense for UK investors.