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Thank you for a refreshing [and accurate] portrayal of the real
world!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!! !
Getting Y2K is more work then it at first seems. It is a perfect
demonstration of the "Blob effect" (one change requiring another change
which requires another which requires another, etc.).
Y2K will require at least changing the way the server stores and retrieves
data (by date) and the way it's represented in the server. There also have
to be some changes to charting module but we wn't worry about those. In the
server changing TS so that it knows 00 comes after 99 (not before) will
probably require a huge rework of the way TS handles, stores and retrieves
(and graphs data). Also, adding a couple characters (1999 vs just 99) may
require changing the way the server stores information to disk. This could
greatly increase the size of your RT data file. This means that they have
to write a conversion program that not only ads this information to existing
data but allows the file to capture new data in this format. The date
displayed in the server dialog will also need to be changed. This means
changing the way TS shows that a file is expired. This also means changing
validation code in the charting. Graphing will probably also have to be
changed. All these changes to the code base wil require a COMPLETE QA
ananlysis to verify that 1 fix didn't break something seemingly unrealted.
It's a long process for such a seemingly small fix. This is all speculation
and I suspect that it doesn't even begin to describe what all needs to be
changed. However, diffculties encountered now are largely due to a lack of
forsight when originally designed. But still, business lives for the moment
not the future.
Process:
Design and write a fix
Ship it off to QA to test under on a variety of machines and compatibilities
QA must also verify that changes did not break any of the other (unrelated)
existing features
Write the installshield code to distribute
Verify
This takes a lot of time and money which is a function of manpower and
available captial.
Brian.
-----Original Message-----
From: Jim Cox [mailto:cayenne@xxxxxxxxxxxxxxxxx]
Sent: Friday, October 02, 1998 3:22 PM
To: omega-list@xxxxxxxxxx
Subject: TradeStation
HMM...
So much Omega bashing. First of all, please let it be known that I am not
a particular fan of the Cruz Bros., and this goes back five years or so
when Bill called me personally to explain why I had to pay $500 per year
just to continue tech support. Arrgghh!!
And I don't even portend to understand the Y2K prob and why Omega has not
provided a fix for it.
What I DO KNOW is that there is NO other charting program available at
this point in time that allowed me to write my own indicators that allow me
to consistently win, day in and day out. What I think I hear is a bunch of
crybabies who want their cake and eat it too, i.e., please let me write a
system that takes all the work out of trading so all I have do is follow
the little arrows and make a ton of money. And when that doesn't work,
blame no one but Omega.
C'mon! You really think that with your $2k PC and a $2K piece of software
you are going to be able to purchase or develope a "holy grail" trading
system? You suppose all the big houses on Wall and LaSalle streets never
heard of TradeStation, but you and your "backtested" system is going to
beat them at their own game?
Duh!
It's NOT going to happen! Period! No way, no how. Just understand...there
will be NO TradeStation "System" that is going to work on everyone's
computer. The technology for that has just not been developed, and I
sincerely doubt it will ever be developed...especially on the PC platform
as we know it, Omega or not.
Do I think Omega misleads people when they tout their backtesting and
system capabilities? Of course I do! That ad in Futures Magazine featuring
that Allon character is nothing but BS...I know that guy. And that woman
that is on the CNBC TV commercial touting TradeStation and how she made
money ONLY going long in the stock market...c'mon!
What is TradeStation then? What it is is an incredibly powerful charting
program that allows and provides traders with a presentation of indicators
that DOES allow them to successfully trade them. Coming up with a
methodology using their indicators takes WORK!. But it can be done, and I
have not found a better platform than TradeStation to trade my indicators.
I would be lost without it...so I hope that Cruz et al will come up with a
Y2K solution...if they don't, I'm sure someone else will.
So quit the Omega bashing! Go to work and develope your own indicators and
methodology using TradeStation and become a successful trader! Believe me,
it CAN be done.
The answer is out there. And success in the markets starts with
TradeStation...period. At least for now...
Regards,
Jim Cox
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