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Yes, I agree that TS's entry into the institutional arena is hampered by a
lack of networking functionality, the impression that it does not offer
the advanced math functions or programming needed for predicting nonlinear
systems, and the impression that it's only a "cutesy" toy product reserved
only for dog and pony shows. Overall, most managers feel that systems
trading is nothing but bunk. But their loss is our gain.
In addition, I agree with you in that TS is not the "all in all" total
solution that "the french one" thinks it is. I know a lot of successful
traders who've never heard of TS or Bill Cruz or Larry Williams or "insert
your favorite software/guru here" and don't care too. Not a cut against
Omega or Larry, but the truth. Most of these guys read quotes like the old
tape readers used to read tape, and are quite happy with only a Reuters or
Bloomberg terminal. Their "neural net" is the one between their ears.
Systems and fancy graphics are a distraction.
But other traders are best served with simpler solutions in terms of
graphics and system testing and optimization and would be better served
getting Equis or WOW products. Different strokes for different folks.
Like you said, it's your money.
I bought TS 3 five years ago because I thought it was the best software
solution at that time. And I'll buy what ever I damn well please too, and
bitch about it if it does not perform as advertised. Plunking down the
bucks for a purchase give me that right.
-Tony Haas
Tim wrote:
>Yes, my point wasn't that a trader would need more than what they find with
>Equiis, Omega or a few of the programs. But if you walk around a major
trading
>room in a money center city, you aren't going to walk from TS screen to TS
>screen.
>
>As I wrote in response to p-i-e-r-r-e, I spend my own money and buy what I
want
>to use. I use Omega, so it's safe to assume I like it. There are things
I'd like
>changed or fixed, but you knew that.
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