Brad,
How’s
the take-up going?
Looks like a
really good package and it’s great to see that someone is pushing
Metastock forward in this direction. Your product seems to fill a big hole in
the MSFL limitations.
But the price.
I’ll just add my voice to let you know that what you’re asking is
unreasonable. It’s not the amount, as I’m sure it’s worth a
one-off fee of $600. I would pay that. But every year? No way…sorry. You
ARE effectively asking to become a partner in my business...justifying your
price structure on the basis that I will make money with your indicators and
you should therefore be entitled to a portion of my future revenue. I won’t
be held to ransom like that, not when I have a choice. Trading decisions I make
are my responsibility, it’s my money I’m risking and it should be
100% my reward. Products like yours are just tools I use - and I only pay
up-front and once for a tool. I don’t pay my computer manufacturer a subscription…that
is also a tool of my trade. Purchases of tools-of-the-trade should come under
the heading of “capital expense” on my accounts, not “ongoing
expense”.
You think you
are providing a service that justifies the ongoing expense? I am sure your
support is excellent but the analogy with data services is wrong, for reasons already
made. The good data services require man-hours on a daily basis to keep me
happy. Your product, I would hope, will not. It’s the same principle with
economic newsletter subscriptions and my anti-virus protection updates.
I’ll be
back in touch when you’ve had a re-think.
From:
Metastockusers@xxxxxxxxxxxxxxx [mailto:Metastockusers@xxxxxxxxxxxxxxx] On Behalf Of bradulrich33
Sent: Thursday, June 30, 2005 6:16
AM
To: Metastockusers@xxxxxxxxxxxxxxx
Subject: [Metastockusers] Re: New
Adaptive Tools for Metastock
--- In Metastockusers@xxxxxxxxxxxxxxx, "Andrew Tomlinson"
<andrew_tomlinson@xxxx> wrote:
> Not quite a bargain at $600 per annum!!!
>
> Makes it clear what good value Roy and Jose's
work is.
>
> Do Metastock users have a reputation for
being rich and dumb, that
someone
> tries something like this?
>
> Andrew
>
And how is something Expensive automatically
Worthless? If our
product was cheap or free, would it be totally
awesome???
Did you bother to research our products at all, do
you have anything
intelligent to say about them beyond the obvious?
It is easy to cut
and paste the prices, see:
A full list of our prices can be found here:
www.thedml.com/pages/order
You seem to have formed a staunch opinion quite
quickly, and yet in
so, so, little time. It it seems as though
you were discouraging
people from looking at the site and gathering
their own information.
How else do we learn? It is you who is
trying to pull the sheet over
their eyes, not me. I want them all to see.
Form their own opinion.
----------------------------------------------------------------
Secondly, I think you mispoke: "trying
something like this" doesn't
require being rich or dumb.
"Trying" the trial for two months is
free; doesn't cost a thing. And you don't
have to be dumb, although
you can be...we don't discriminate :)
With the trial, you are locked into absolutely
nothing, you receive
nothing that you didn't ask for, and it can fully
uninstalled, no
problems...right back to where you started.
I have recently updated
the trial download page to mention these important
things...I realize
many people trick you into things with trials...
As for Roy and Jose, they ARE worth their weight
in gold, and I
respect what they do. I can only hope the my
company and its users
can have people as dedicated to education and
service as those two.
If fact, it is our primary policy to offer and
encourage education to
(and between) our users. I really like these
guys, I do. So much,
In fact, that I am modelling our company after
each of theirs: I am
offering quality products for sale, but I am
counting on my support
and services to earn a reputation.
And I assure you, if Roy and Jose could do what
our products do:
1.) They would have already done it
2.) I would not have spent years developing them,
and
3.) I would not be selling them, they would be.
----------------------------------------------------------------
Ah, yes, and then there is the price::
Professional tools are offered at premium
prices. This is obvious in
many areas of trading software/services.
For example, you can download data for free, or
you can get premium
data for TWICE of what our indicators cost per
month. Just for DATA.
As for the benefits:
You have to understand what it is our products do
that you cannot do
already in Metastock. With ASI, (the
adaptive indicators), this
point is somewhat subtle, and not everyone gets
it. If you have been
working inside the confined space that is the
Metastock language,
then you may not realize that there is another
world of more powerful
indicators out there waiting to be built. We
ourselves at the DML do
not even see the entire realm of possibilities.
The indicators are
not just end indicators, they are TOOLS that
EXTEND THE METASTOCK
FORMULA LANGUAGE.
As with any new tools, it will take time, and a
growing user base, to
really find out what they are capable of.
Some advanced users know
this already, and have been waiting years for a
product that does
what ours does. They are very excited, and
can't believe someone
has
finally done it. This is our main target
audience.
As for Ehlers' work, it speaks for itself. I
can tell you as a
mathematician and an engineer that the math makes
sense and is
theoretically sound. What makes so many
people not use his stuff is
the fact that it is hard to implement. They
say it is hard to
understand, which I'm sure is true, but that is
not the real
reason
that it is not used. What keeps people from
using it is if it is
hard to use….until now. I can also
tell you that there are
advancements and improvements to be made, that
HAVE BEEN MADE to
Ehlers' stuff, beyond what is in his books.
Our indicators let
you
logically make these advancements without being a
mathematician or a
professional programmer. I did the hard work
when I laid these all
out and did the C++ programming, now they are
easy-to-use and
extensible.
No doubt, are products are mainly geared towards
professional traders
that can already see how to use our new tools to
make better
indicators. And thus the cost of our
products is easily justified to
them. For the others, it will surely take
some time to see the
possibilities. Our growing knowledge base is
intended to help share
this information that the cutting-edge users
develop, and pass it on
down to the less advanced. We encourage you
to contact us to find
out more about how our products can help you as a
trader.
We realize that the only reason that you would buy
our products is if
you thought they would help make you more money
trading. We KNOW
that they can, because we have seen the difference
between them and
the less effective ones: the 30 year old
indicators that come with
metastock, and worn out ones that have been
written using its limited
formula language and old indicators.
Our products are very professional, and thus, we
charge a
professional price. We offer top-notch
products, support that is
second-to-none, and more than anything, we
encourage a community of
learning and improvement that will hopefully
justify the cost of our
products.
The only disadvantage we see is our prices, which
are pretty much set
(although we will be offering promotional offers
up to 20% off over
the next few months).
If you actual take the time to study our product
and find any
disadvantages OTHER THAN PRICE, we will be happy
to hear them, and
hopefully, will be able to resolve them.
And hey, most new add-ons you hear about are not
only expensive, but
they don't do anything. So we can't blame
anyone who has
dismissed our products as expensive products that
take advantage of
suckers. We are not looking for
suckers. Suckers won't get what our
stuff does. We are confident that our
products actually do something
dramatic. As we say, We've Given Metastock a
BIG Upgrade! So
please take the time to think about the
possibilities.
Thanks,
Brad Ulrich
Developer
The Dynamic Market Lab, LLC
www.thedml.com
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