http://www.compuvision.com.au/
They have a forum on this site.
From: Metastockusers@xxxxxxxxxxxxxxx
[mailto:Metastockusers@xxxxxxxxxxxxxxx] On
Behalf Of Gary Nielson
Sent: Thursday, August 25, 2005
10:45 PM
To: Metastockusers@xxxxxxxxxxxxxxx
Subject: RE: [Metastockusers] Re:
Feedback on TradeSim sought
I hear you and you raise good points, particularly about
Mickey Mantle's bat! :) However, I *did* a search for TradeSim on this and the
metastock.com forum and found mostly people suggesting TradeSim as a
backtesting alternative to MS's own system tester. Most people liked it, I
gathered, but on what basis I can't really figure, since not many detials were
provided. Without such specifics, I was hoping to elicit more in-depth replies
other than buy it, it's good, it's a great alternative to MS's own, or I don't
use it, that sort of thing. The only place I've found such details is on their
own site -- it's not clear to me what their official homepage is -- and we all
know that commercial advertisements aren't always the most objective :)
Furthermore, it's not clear which version is owned by most. Is the Monte Carlo version that indispensible? I hadn't
heard much of this theory before other than in Kaufman's Trading Systems and
Methods book and, to me at least, he seemed not too enthusiastic. Are the
lesser versions sufficient?
From:
Metastockusers@xxxxxxxxxxxxxxx [mailto:Metastockusers@xxxxxxxxxxxxxxx] On Behalf Of Bob
Sent: Thursday, August 25, 2005
3:39 PM
To: Metastockusers@xxxxxxxxxxxxxxx
Subject: [Metastockusers] Re:
Feedback on TradeSim sought
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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