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Re: New potential TS user needs advice



PureBytes Links

Trading Reference Links

I would get TS, but forget the systems stuff.  Get Cycletrader and set up
daily charts.  You can successfully trade EOD with this toolbox.
If you wish to discuss this more let me know.

Nathan, California

-----Original Message-----
From: Brian Meads <brianm@xxxxxxxxxxx>
To: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
Date: Sunday, March 01, 1998 11:20 PM
Subject: New potential TS user needs advice


>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
>
>