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This is a down to
earth and valuable posting.
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As you imply,
simpler is better.
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<FONT face=Arial
size=2>Lionel
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size=2>-----Original Message-----From: Henry Z Kaczmarczyk
<henry1224@xxxxxxxxx> [mailto:henry1224@xxxxxxxxx] Sent:
Monday, December 09, 2002 8:56 PMTo:
Metastockusers@xxxxxxxxxxxxxxxSubject: [Metastockusers] Metastock and
other softwareI have been using Metastock since 6.5 and
I like other "Lambs" go off to slaughter when ever Equis offers another
upgrade... Will I ever learn? Can't wait for ver9.0! Add-ons pile them up! I
have more than my share of software. I have seen vendors come and go, Black
boxes, neural nets, Fib, Gann, Elliot you name it I have it!There
are strong points to all types of charting software as well as
weakness in several of their features.It's about misconceptions and
reallity! Misuse and bad Ideas.I know that several ideas can be
programed into metastock and tradestation,amibroker,E-signal.Easy
Language,Metastock formula, VB, C++,Amibroker language, just try and code!
Just like cars, some handle better than others. Some are Caddilacs, some are
escorts, The question should be, Does it get you to where you want to
go?I still use Metastock as my primary charting package,because of the
ease of use, I have discontinued the use of the system tester to find
profitable "Holy Grails" and have consentrated on my trading skills.Thankyou
Robert C. Miner, Joe Dinapoli, Tushar Chande.Let the market tell you
when to take your profits and don't force a system into telling you what you
want to hear! I Use the expert feature of Metastock to show the true
system test plotted in real trading bars and not like a "system on a moving
average" with Moving average falloff.I get my signals and alerts. The
system tester has to many variables that affect's the outcome.Many
new software vendors claim outstanding results, but each vendor has a
different way as to how they calculate gains.Martingdales, multiple
buys, partial sells,pyramids, money management,options,straddles,hedges,Easy
Money!!!!!Just click on your CDrom DVD Burner and wait for the 100 dollar
bills to stream out when the tray opens. I consider myself as an
advanced user who will continue to learn new ways to find
profits.Metastock has now gone into a Demo mode with the newest add-on
which is available for an extra purchase.Do I like their new
marketing ploy? No! But at least I get to play with it before I Buy
it.The "Market" has changed and it forces you as a trader to adapt your
style into new and better ideas.I hope that the members become more
enlightened with this post, and learn the strengths and weakness of their
software.Henry Z KaczmarczykTo
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