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Re: TradeStation Pro Review



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that's another thing that they have to do:
multiple symbol or porfolio optimization.
as far as full autoexecute by omega, that's not
the case. they would not want to do that.
the ultimate decision making process should be
up to the trader to make. all they can provide you
with a tool to get the best possible automation
in trade execution, which is not available yet.
my main interest in tradestation functionality and
not in the execution side of it. if i want a full
automation in execution i can do that outside of
tradestation.
bilo.

----- Original Message -----
From: Kent Rollins <kentr@xxxxxxxxxxxxxx>
To: OmegaList <omega-list@xxxxxxxxxx>
Sent: Friday, December 22, 2000 8:25 PM
Subject: Re: TradeStation Pro Review


> The real danger I see is that there are going to be thousands of people
who
> are not familiar with the dangers of backtesting and optimization and they
> are going to optimize a moving average crossover on a few years of data of
a
> single stock and then let Omega start automatically trading it for them
and
> one day get a margin call from Omega.  Does TSPro allow optimization
across
> a basket of vehicles or is it a one at a time thing like TS4 and TS2K?
>
> Kent
>
>
> -----Original Message-----
> From: Lawrence Chan <stnahc@xxxxxxxx>
> To: John Sweeney S&C <JSweeney@xxxxxxxxxxx>; omega-list@xxxxxxxxxx
> <omega-list@xxxxxxxxxx>
> Date: Friday, December 22, 2000 6:28 PM
> Subject: Re: TradeStation Pro Review
>
>
>
> John,
>
> Would like to see it comparing against
> CyberTrader v3, Investor/RT, and Metastock v7,
> RealTick in terms of stability and usability.
>
> Since it is a data on demand tool, how much different
> is it in using TS Pro comparing to using Ts2000 seems
> to be very important for existing customers of Omega.
>
> On the other hand, since TS Pro is demanding a way
> higher price than other vendors like CyberCorp in its
> category (namely, data, software, brokerage all in
> one), it will be of interest to the public why ts pro
> can charge more - what they can do while the others
> cannot.
>
> I can see that the only thing TS pro can claim to
> have better than the other products is its
> programability but it is not that great a programable
> tool after all ... maybe a nice gift to a programmer
> friend who is interested in programming more than
> trading ?! :)
>
>
> --- John Sweeney  S&C <JSweeney@xxxxxxxxxxx> wrote:
> > We're going to take a quick swing at TS Pro in the
> > next month. Please send
> > any comments you have on it to me and point out
> > anything we should look at.
> >
> > Thanks,
> > John
> >
> > John Sweeney, Editor  Technical Analysis of Stocks
> > & Commodities
> > Technical Analysis, Inc.    The Traders' Magazine
> > 4757 California Ave. S.W.   Phone: 206 938-0570
> > Fax: 206 938-1307
> > Seattle, WA 98116-4499 USA  Web:
> > http://www.traders.com/
> >
> > Contents may not reflect official opinion of
> > Technical Analysis, Inc.
> >
> >
>
>
> =====
> Lawrence Chan                   http://www.tickquest.com
> Innovative Analytical Software for Trading Professionals
>
>