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Re: What's the deal with TradeLab?



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I think they messed up by not giving the beta to as many people who asked
for free.
Ego and greed is what delayed this product and if they keep delaying
somebody else is going to beat them to the punch.

Robert


At 09:47 AM 4/3/1999 -0800, Jim Michael wrote:
>
>
>On Fri, 2 Apr 1999, Gary Fritz wrote:
>
>> Absolutely.  I didn't mean to imply you had to have a PhD in nuclear 
>> physics to use it.  :-)  But TL is definitely aimed at a technically-
>> savvy trader, one who is comfortable doing modest (or significant) 
>> programming, and one who either understands the complex mathematical 
>> tools it offers or who is willing to learn them.  I think that will 
>> narrow the potential market considerably.  
>
>This is something that has puzzled me for some time. There are many tools
>out there for performing complex math on time series, that have
>exceptional graphics capabilities and are far more powerful than the likes
>of TS or other programs oriented towards the trading marketplace.  I can
>think of a few reasons why they might not be used: 1) most traders are a
>lazy bunch and don't have the discipline to learn to use powerful tools 2)
>traders don't know about these tools 3) traders think something written
>specifically for trading must be superior 4) too much trouble coding 
>indicators in something other than a trading app. Maybe it's a little of 
>each. 
>
>Cheers,
>
>Jim
>
>