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Mr. N.
You make some very good points and I can tell your frustration level on this
issue is still high from this and other recent posts. This issue is an
emotional one for many on this list, whatever platform we are talking about.
Personally, I was trained as a discretionary trader so my needs are pretty
simple. But speed and reliability are important issues regardless of the
approach to trading.
I guess what this comes down to is what do you do when handed with a bunch of
lemons. Do you throw them away, or find a way to make some lemonade?
Certainly even in making lemonade there are some lemons that are bad and in
need of being discarded.
The idea of Traderware was a good one. Not all good ideas can come to
fruition. Good ideas can fail with good or bad people. The question is what
can we learn, what can we salvage from the experience.
I have some very strong ideas about how this economic downturn is different
from the last one at the beginning of the 1990s. One key element is the use
of the Internet, lists like this and sites like ebay to quickly move the
assets of failed companies into new hands at a much more efficient rate. We
will likely see a new wave of entrepreneurism because of this efficiency. It
is not going to help some of the publicly traded companies, especially ones
that will be competing with their own equipment on the secondary market. So
our stock market woes may continue, while new business are popping up and
taking the employment slack. Interesting informational and market dilemma.
Regards,
John J. Lothian
Disclosure: Futures trading involves financial risk, lots of it!
In a message dated 3/25/01 12:16:18 AM Central Standard Time,
nidarian@xxxxxxxxx writes:
<< Yes thats right. We were on the beta tester team and located over 50 bugs.
Not just like dumbass bugs people here talk about. I am talking serious
internal problems. Its code is very inefficient it is extremely slow. SO
slow, I hate to tell more F***ing slow than TS. Infact in some operations we
discovered it was so slow even on a dual 550 (which was the highest
processor at the time). Their managment (yes S) told us to keep it SHUT with
the speed issues. Take my word its just another badly designed software
wanna be.
Yes I was very excited at the time. I had a lot of respect for these guys
but they F*ed up BIG. And the reality is non of the have the skills it takes
(mangment and integrity) to bring a product like that to the market.
As for all the wanna be traders on the list looking for that Magicware
software thats going to make you rich. Read my lips.
If you havent made so far with omega you will never make it as a trader. 95%
of all of you on this list are going to lose your ass no matter what you do
or use and no amount software is going to help. ( Yes you all know this)
Thats the way it is. You will be a lot better off buying property or wait on
second thoughts keep at it some has to pay for my yachts upkeeping.
Mr. N
Tradeware sucks like Omega but I still make money everyday. >>
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