A Look At Decision Support Systems
Decision support systems are needed in the stock trading business, since dynamic exchange of information and knowledge is required. Decision Support systems are required to analyze the data and factual material relevant to every aspect of corporate time, personnel and project planning.
Decision support software
systems identify the price trends whenever they develop for decision-making process. It neither predicts any kind of significant move of the stock nor predicts the stock entering any profitable or unprofitable phase of business.
All decisions necessary to implement
Decision support systems
and strategies are derived from the price itself. The Decision Support software is equally helpful for the fund managers, Day traders and the individual investors.
The software as third generation technology helps the investors who are not experts in technical analysis. Since stock trading is all about risks and rewards, proper strategies help in taking calculated risks.
Various leading companies have developed decision support software that helps the investors in their stock strategies. Specialized software has been built for the same or can be customized based on individual circumstances or requirements.
Product Decriptions
* High Growth Stock Investor Software (HGS): HGS is a collection of software tools that perform comparative analyses of many groups of securities. HGS software tools reduce time taken by an investor to find profitable stocks and thus helping him in informed decision-making processes.
These software quickly processes the technical and fundamental information from thousands of security charts, compares them produces a variety of scores.
* Econsul Decision support system version 3.0: This web based software helps in designing strategies based on personalized circumstances.
This Decision support system if used in conjunction with trading strategies yields good results.
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