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There are plenty of posts on this board and on the equismetastock
group about TradeSim. You can search the archieves and find everything
you could want to know. The members don't need to reinvent the wheel
over and over when it's already there, if you'll look them up. Jose
uses it and likes it a lot.
TradeSim works just fine, but it's only as good as your skills at
system development. I've developed a lot of very good systems over
many years and still continue testing and developing. I don't use
TradeSim. I know the problems with the MS systems tester (which are
many), but I also know the limitations of systems testing in general
so I don't feel I'm missing much by not having TradeSim. Results from
TradeSim are no better in live trading than the results from the MS
systems tester. TradeSim is a really good product and professional
tool, but it's just one more tool and not an answer in a box.
I've read many books on systems development and testing, which I
recommend you do before spending over $1000 for a testing tool. Don't
ask which one is the best book. Read 8 or 9 and you'll start to get it.
There are a lot of posts on here (and the big site) regarding the best
tool, the best books, the best indicators, the best system. Forget it.
You're going to have to screw around with a lot of stuff and figure it
out for yourself. It's about you, not the tools.
If you bought Mickey Mantle's baseball bat, could you hit the ball as
well? There are hundreds of bats for hundreds of hitting styles.
Roy's newsletter www.metastocktips.co.nz is the best MS tool. Roy has
a free set of systems testing tools, that while not a polished as
TradeSims, do produce very good results.
You'll learn more about trading from Roy's newsletter than anything
that TradeSim will do for you.
--- In Metastockusers@xxxxxxxxxxxxxxx, "Gary Nielson" <gary@xxxx> wrote:
> I am thinking of buying TradeSim, the backtesting add-on for
Metastock. I am
> interested in other's comments on its pros and cons, strengths and
> limitations, support, etc. Any feedback appreciated. Thanks.
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