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Re: AW: PORTING TRADESTATION TO MATLAB



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Just a geenral comment on Mathematica,

1. both Mathematica and Maple have "huge" number
core engine that can preserve precision of calculation
to 10 times the precision of using simple double
precision routines like SPSS, S, etc. That's the
reason
why Mathematica can produce the correct results while
the other ones cannot :)

2. both Mathematica and Maple have their own language
that are very steep in learning curve and to most
people who is not used to express their concepts in
mathematica formulas such languages are "too hard" to
use.

3. have both mathematica and maple and definitely 
find their financial add-on packages sort of useless
as they are designed mainly for school teaching 
usage ... 

4. in my opinion both packages are great for 
research but forget about using them in real time.

-Lawrence


--- MikeSuesserott <MikeSuesserott@xxxxxxxxxxx> wrote:
> You're right, John. Unless one devotes some time
> (weeks, rather than hours)
> to really learning the language, Mathematica will
> appear difficult to use.
> Once you have mastered the essentials, you can do
> unbelievable things with
> Mathematica. Plus there are packages running the
> gamut from astrophysics to
> option evaluation.
> 
> In a recent comparison of popular math/statistics
> packages using a series of
> standardized reference problems (designed to test
> the accuracy of results)
> provided by the National Institute for Standards and
> Testing (NIST),
> Mathematica was the only package that got every
> single result accurate to
> the full number of digits provided by NIST as the
> certified correct result.
> For the mortification of the competition, here is
> the table of results from
> the NIST testing, (using the best solutions
> available from each package).
> Out of a total of 58 reference problems:
> 
> Package  Able to Solve at All    Accurate Solutions
> Excel            41                       1
> SAS 6.12         47                       1
> SPSS 7.5         48                       3
> S-Plus 4.0       57                       1
> Stata 6.0        50                       5
> Mathematica 4.0  58                      58
> 
> Mind you, this test was in the field of statistics,
> where Mathematica has no
> specialization such as these other packages have
> (except Excel).
> 
> Have a nice evening!
> 
> Michael Suesserott
> 
> 
> -----Ursprüngliche Nachricht-----
> Von: John Nelson [mailto:trader@xxxxxxxxxxxxxxx]
> Gesendet: Thursday, April 12, 2001 01:31
> An: MikeSuesserott; Bilo Selhi
> Cc: omega-list@xxxxxxxxxx
> Betreff: RE: PORTING TRADESTATION TO MATLAB
> 
> 
> 
> I started out with symbolic math using Mathematica
> on
> NeXTStep hardware and found myself becoming more of
> a
> Mathematica "programmer" than a Mathematica "user".
> 
> Powerful, but demanding of my time and I couldn't
> afford
> the commitment.
> 
> I suspect that current versions of Mathematica are
> also
> much more expensive than the alternatives.
> 
> -- John
> 
> 
> -----Original Message-----
> From: MikeSuesserott
> [mailto:MikeSuesserott@xxxxxxxxxxx]
> Sent: Wednesday, April 11, 2001 11:36 AM
> To: Bilo Selhi
> Cc: omega-list@xxxxxxxxxx
> Subject: PORTING TRADESTATION TO MATLAB
> 
> 
> Hi Bilo,
> 
> you wrote:
> 
>    >>"i reiterate that matlab or mathcad (s-plus )
>    >>are the best math/engineering
>    >>platforms available. nothing can
>    >>beat those now just as nothing can beat TS
>    >>as far as system development."
> 
> Not to start any war, but that sweeping statement is
> perhaps a bit
> overenthusiastic. Don't forget Mathematica which is
> much more powerful than
> either of these two packages. You can find a brief
> comparison at these
> University of Colorado websites:
> 
> http://amath.colorado.edu/computing/mmm/brief.html
> http://amath.colorado.edu/computing/mmm/index.html
> 
> Best wishes,
> 
> Michael Suesserott
> 


=====
Lawrence Chan                http://www.tickquest.com    
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