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Re: [Metastockusers] Metastock and other software



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Henry,
 
As a rule I never upgrade anything unless other crash test dummies
have been using it for 6 months. 

Now I have grey hair I prefer to work with what I know works until I know
that the new software works and won't stuff up my trading!

So I am with you.

PS I used to be a crash test dummy too many times!
 
Warmest Regards
David Hunt
www.adest.com.au
________________________________

-------Original Message-------
 
From: Metastockusers@xxxxxxxxxxxxxxx
Date: Tuesday, December 10, 2002 16:25:26
To: Metastockusers@xxxxxxxxxxxxxxx
Subject: [Metastockusers] Metastock and other software
 
I 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 Kaczmarczyk
 
 
Yahoo! Groups Sponsor
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