Now more than ever in the markets, computers are taking over.  There are trade algorithms to execute orders for funds, scalp pennies 1000s of times a day, and even algo's that are designed to trip up other algo's by exploiting weaknesses in the way they work.  There are hundreds of companies that have created sophisticated charting packages to help day traders find ideas, including day trading robots.All of this leads in the same direction - computers and trading are here to stay, and its up to you to figure out what the best tools are to use to make money.

This does not mean for you to purchase every "hot" product or tool - this usually does nothing useful.Additionally, each day trader can only focus on so many things at the same time, you do not need overload as that can actually backfire and make it far worse.  Some people like to use a day trading robot to help, others like to put together a set of indicators with some basic useage rules and that works for them.You need to establish a decent regimen for finding ideas that is followed the same way each time so that ideas are considtent.  Those are not consistent at all and are not able to be proven as valuable in the long run because of the sporadic nature of how that works.

When it comes to computer tools to help you, there is an additional thing to consider:  you can get a program that allows you to custom write your own rules and indicators and then apply them in real time.  This is a valid option if you are more experienced and have the knowledge of programming to get the job done.This ends up being very time consuming, as you often spend days of work only to discover that the theory is not valid.  In fact, if you go down this path, this will happen quite often but is part of the learning and development process.  Some day traders who go down this path will do part of it themselves, then get an outside person to help them finish some difficult parts.  Indicators are quite simple as far as complexity, and then you have the other end of the spectrum which is a day trading robot which usually is quite complex because of all the parts that go into creating such a tool, so plan your time accordingly.