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Hello Omega-List subscribers,
My name is Michael Christian,
my voice mail pager #1-888-605-4821
my e-mail address is: WallStInvestor@xxxxxxx
I am a new Prosuite 2000i novice user from NY. Have had the program for about
5 months, went to OmegaWorld, trying to learn as much as I can. Purchased
great 1000mhz (Dual P3 500 mgz) Dell 4 monitor system using real time BMI
Satellite data. Have OR Radarsceen on 1 monitor, Tradestation charts on
another, RediPlus (SLK) execution on 3rd and Netscape up on 4th (usually
scanning stock related boomarks and AOL).
Have had some difficulties....
To give you some idea of where I'm coming from, here are some questions I've
posted on the STAD forum:
Question #1: Is it unrealistic for me to truly expect systems or indicators,
from Omega or elsewhere to provide me with methods as stand alones or
incorporate into systems that I can write myself, to use in the 2000i suite
to help me generate consistent daily profits. Is 2000i better for long term
holds? Or since I can set the data compression at 1 tick to 1 year can the
suite be used for short term? For example, by using Radarscreen, with 4 sorts
(please recommend) updated every 10 ticks or 1 minute in combination with a
Tradestation chart or Tracking center alert can I find the best stocks to
trade and when to trade them?
Question #2: Is the 2000i suite & the various indicators appropriate for Day,
Swing & short term trading? Or is it, and the various indicators & "systems"
really designed for long term systems? If anyone feels that I can use 2000i
to improve my short term and daytrading positions can you express in your
opinion which indicators,systems, paint bar or show-me studys are most
appropriate for intraday & short term entrys & exits?
Question #3: In your opinions, what would you say is the average "incubation"
period for most people to get comfortable with 2000i? I mean, how long does
it take to learn all the features and begin MAKING MONEY with the product? I
have come to realize that perhaps it may be as long as 1 to 2 years to really
learn it thoroughly. At least with the part time effort I can apply to it. I
haven't programmed since college, and am not afraid of EZ Language (am I
being niave?), but as I read the ads for some of the Omega Solution
Providers, who advertise that they can shorten the timeframe to learn and
apply the program, it is clear to me that the time to learn enough about the
program to make money with it is longer than I initially thought. Which is OK
as long as there is a pot o' gold at the end of the road. But since I am
making payments to Omega for the product and payments for the BMI data feed
and would like to begin recouping my investments in HW & SW for this and turn
a negative cash flow into a positive cash flow (like any business), I'd like
to project how long I should consider is realistic. I guess the 30-day Free
Trial period that Omega offers should really at least 6 months, But I know
that won't fly!
Hopefully, with all your inputs and replys, I can get some of these questions
answered.
Thank you,
Cordially,
Michael Christian
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