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the law of natural selection teaches
us that inevitably smarter monkey will
arise and force the extinction of
the unfit monkey.
so will inevitably someone will come
out with a better platform and try to
make TS go extinct.
so let the nature take its course.
***it's all as should be...
TRAD boasts a pretty good position
in the marketplace now with autoexecution
for retail as well as low level money
management clientele.
if they survive this industry downfall
they will likely to survive overall.
times are really tough right now as we
are at the bottom of the bust wave.
daytraders are in demise, lot of money
lost by just about every level of money
management firms.
TS is however is not the perfect app.
it is pretty basic if you look at it
got data on demand + system capability +
autoexecution for equities...
and that's the bare minimum of what you
need to survive in today's markets...
someone will come along and offer
same capabilities along with a set of
new tools ( improvements ) and
then whoever has better stuff will
survive...
personally i think there is going to be
place for everyone under this sun
at least within next 5 years...
and remember that commission
revenue is what should drive the
platform development:
you get 5000 pro traders to spend
20 bucks on commission per day
that's 25 mil per year...
and that's very conservative estimate...
platform should be free...
just trying to make money by selling
software is a recipe for a disaster
that TRAD was able to overcome
with 2000i release...
as far as for us traders, who cares...
pick the best there is at the moment,
yell a bit on how it should be improved
and that bout it.
so i concur, for now TRAD is the best
overall out there and still is...
but man as soon as there somebody
better you have to jump on the caboose
of the evolution train.
bilo.
----- Original Message -----
From: <tradejack@xxxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Thursday, August 30, 2001 9:04 AM
Subject: Re: Re: Re[2]: NeoTicker (was Re: EL to VB translator)
> the problem as i see it is one of cost and time. on one hand, you got one
dude working 12 years on a system tester and it doesn't even have charting
yet (or ever will), and on the other a sw guy arm waves how it won't be too
difficult to build a ts replacement using a non-internet dead dog like m3 as
a server! give me a f-in break guys!!! if this stuff was easily to develop,
we would be chin deep in trading software with ts capabilities.
>
> what u want costs money...and takes a shitload of time...period. look at
neoticker. slowly but surely it's coming along. and as it's functionality
increases, so will its price, as it should. ppl who want this stuff bitch
bout how much data costs, how high commish are, yada yada and on and on. r u
willing to pay 5K for ts clone with portfolio testing and opt? probably what
it would cost per unit being that it's an small niche market. hell, most
folks won't pay more than 500 bucks for a used copy ts4 these days!!!
>
> so what to do? probably use ts til the day it dies....or i do ;)
>
> TJ
>
> hey, where's my bud fuzzy pete? surely he knows a thing or two bout what's
going on at omega/trad these days :)))
>
> gary fritz wrote:
> >BTW a tool already exists that does most or all this -- Trading
> >Recipes. But it has no charting module and (so far) no intraday or
> >realtime abilities. I want to be able to SEE my system as I develop
> >it, AND execute it on the same platform, the way I can in TS.
> >Basically I want TS with portfolio capabilities.
>
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