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at the moment there are no best platform out there
for trading.
all have pluses and minuses but there is no leader.
tradestation used to be but not anymore.
tradelab is not yet and might not be for a while.
i was hoping that traderware would...
cqg is good, townsend is not bad.
bloomberg is a nice one but there is no system
capability.
and then there are smaller outfits like expo,
raven, metastock, custom things here and there.
i guess there is a niche, whoever takes it can make some
money.
the truth is that systematic trading is the thing of the future
not discretionary.
the things i never understood about Tradestation is that it is
a good product but it was clearly not designed by
traders. some very basic and very simple things
are not there, the things that are a standard now and have been
for a few years. those things that are lacking irritate the crap
out of me.
like multiple windows so that you arrange and save your
own layouts, data on demand, data filtering, global variables,
access to data without a chart...
i mean that's about all i care about, give me that and i will be
very happy. bring yourself up at least to a standard and i will
need anything but tradestation. TRADESTATION or a good
trading platfrom MUST BE
WHAT BLOOMBERG IS + THE SYSTEM CAPABILITY
AT HALF THE COST, THEN IT'S THE WINNER AND
NOBODY WILL BE ABLE TO MATCH IT.
as far as placing the orders automatically, you bet...
already happening and just a beginning...
as far as excell, i don't think so. i mean maybe for end of day...
bilo.
----- Original Message -----
From: Jack Griffin <jack_2231@xxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Friday, November 24, 2000 12:06 PM
Subject: Holy Grail Platform -- Best way to do free-form realtime analysis?
> Hello all. I am interested in getting some general
> guidance.
>
> I want to do some realtime data analysis and
> number crunching of various stocks. Also, I want to
> analyze trades without ANY constraints. (I don't want
> my analysis to be boxed in by what someone else
> decided long ago was the important stuff to look
> at.) In the event (I should say "unlikely event", if
> my previous trading skills are any guidance) that I
> ever devise a really profitable system I would like to
> program my computer to place trades for me and head
> off
> to the beach.
>
> I've run TradeStation and Metastock, but I am
> worried they are too constraining. For instance, a
> recent post discusses exporting data to Excel. If the
> programs are so versatile this would not be
> worthwhile. Is this reasoning sound? So far, it
> seems that the best way to have the sort of "direct
> access" to realtime data would indeed be with the
> Excel spreadsheet program. I was told Qfeed could be
> used to import intra-day data. Finally, if things
> work out and I find something that makes $$, I could
> use Visual Basic to automatically place market orders
> for me. So it seems like the best path might be with
> using Excel rather than Tradestation.
>
> Is this thinking reasonable? Am I totally missing
> anything? Is there a cheaper competitor of Qfeed? Any
> tips or guidance would be appreciated.
>
> Sincerely,
> Jack
>
>
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