Hello,
For last couple of days I have been wondering about this question. Question is, how many Broking houses have Live Charting Software for use by Dealers / Clients?
I have visited various broking offices and am yet to find one with Live Charts. Many do not even have even Offline Charting. Among the only brokers I know who have Live Charting software in their offices are those of Sainik, Sriram and myself other than a couple of guys whose offices I haven't visited but know for a fact that they have MetaStock. In fact at BgSE where I sit, I am the only one with a Charting Software and a dedicated system for the same among as many as 100+ terminals.
This amazes me since you ask any Dealer or Broker and he will always give you some or the other levels. But ask about charts and the best thing some do is guide you to Internet and Yahoo Free Charts. Many lack even that option.
So, this brings me to the question, Is the Investor / Trading / Broking community not much interested in Technical Analysis?
What has been your experience. If you trade through a broker and he does not have a charting software, what his excuse?
As I mentioned the other day and Sriram confirmed it with a live example he had, are most traders / investors more interested in handouts rather than knowledge? Are most brokers really trying to fool the Investor and hence spreading a bad name not only for the Broker community but also methods such as TA.
Cheers
Prashanth
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