No, it's a scam. And a terrible one at that, because people who buy the software not only shell out the money to buy it, they also start making -EV gambles with money that should be in much safer investments.

If this software really worked, why wouldn't whoever wrote it start a hedge fund, or just sit back and make giant trades all by himself, instead of going to all the trouble of marketing it and sponsoring seminars and infomercials about it?