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Malcolm
I agree solidly with Jose comments. If you intend making money from
your trading endeavours, then it's a very smal price to pay for your
"business" to be profitable, and that entails having a data provider who
* adjusts their data on a regular basis
* has systems in place for checking and validating the data etc
* provides support
* Has backup systems in place to ensure continuity of service
I use dataHQ.com.au, which is a rebadged Premium Data service. You will
also find Richard Dale (of premium data) a regular on most
trading/metastock type forums and very knowledgeable when it comes to
the service he provides.
You will find a lot of "free", or very close to free, data services for
the ASX and US etc ... but for, basing my entire investment decision on
a "free service", just doesn't make business sense.
|
| Malcom, data is the one basic component of trading that you
| must keep at a reasonable level of quality. The whole
| process of developing/ testing/trading strategies, involves
| quality data at its core. If you can't trust the data, you
| can't trust your trading strategy.
|
| With data, you definitely get what you pay for.
| I use Norgate's data ( http://www.premiumdata.net/ ), and I
| would consider getting a second job before having to give it
| up for cheaper data. ;)
|
| jose '-)
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