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I have been trading using the Ken Robert's method for about a year now and
lost a significant amount of money. Determined to improve my trading
methods, I have read a number of books and articles on the subject and I am
now of the opinion that I should buy Tradestation, conjure up a few
systems, test them on historical data and then take the plunge again with a
system that looks promising.
I live in New Zealand and because of time zone differences I cannot really
trade intraday yet (I have full time job unrelated to trading). Instead I
am hoping to download daily trading information from the web at the end of
each day (ie, daily hi,lo, open, close), run it through my system and email
any trading signals to a broker to enter the next day.
I need some advice on the following and would appreciate any assistance any
contibutors to this group could provide:
1. Can I just enter daily hi, lo, open & close info into TS 4.0 and get it
to give me trading signals, or do I need a satellite feed and data in a
special format?
2. Will TS 4.0 do what I am hoping to do?
3. Will TS 4.0 allow me to print daily, weekly and monthly tick charts of
contracts I am interested in?
4. Is there an alternative method of getting satellite-type feeds using
the internet? I don't believe it is possible to get a BMI satellite feed in
New Zealand.
5. Any suggestions on good brokers that would meet my requirements (ie.
offshore client, email interaction, reputable etc.). I currently pay around
$75 a round trip for a full service broker and so I am looking for a lower
cost alternative.
Many thanks in advance for any help.
Brian
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