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Re: Omnitrader, what is your experience?



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I used Omnitrader for about six months and I am sorry to say that my
experience was very poor.  I found that by using many different indicators
Omnitrader could always find a good match to the past but rarely did that
scenario provide any help into the future price movement.  There is nothing
more frustrating than going long based on Omnitrader and have it recalculate
a week later showing that you should have gone short instead.  I have since
abondoned the program and would gladly sell it to any interested parties.

I am now using Metastock and some other software to trade based on Pattern,
Price and Time and have been very pleased with the results.  However I have
also found that there is nothing more effective than being in touch with the
basics like trading only with the trend etc.

I hope that you have better luck than I.

----- Original Message -----
From: Foo Say How <sayhow@xxxxxxxxxxxxxx>
To: Metastock-List <metastock@xxxxxxxxxxxxx>
Sent: Wednesday, April 07, 1999 11:19 PM
Subject: Omnitrader, what is your experience?


> Hi,
>
> Need yr help on this.
>
> How do you find Omnitrader's sales personal, whom do you deal
> with, and how do you find him/her.  Can you recommend me one
> that Ican email to?
>
> If you have purchase Omnitrader, do you find it useful in your quest
> to make money from the stockmarket.
>
> A friend who writes his own program told me that most software are
> always after the facts, that is the events has already start and you
> get into the game late.
>
> His software pick stocks that are about to rise, depending on what
> happen during the day .. and  base on what happen he then buy
> his share.
>
>
> I lok forward to heasr your view onn this.
>
> BTW, is there a mailing list that isOMNITRADER specific?
>
>
> Thanks
>
>
> FOO Say How
> Singapore
>
> PS:  If there is an OMNITRADER (or metastock) user in Singapore
> reading this, I do want to talk to you!
>
>
>
>
>
>
> ----------------------------------------
> ------------------------------------------------------------
> FOO SAY HOW When Where Who Why
> Singapura - The Lion City
>