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--- Igor Kaplun <ikaplun@xxxxxxxxxxxxxxxx> wrote:
>
> Success of Omega Research gave many ideas to different small and big
> companies of what could be done or accomplished in programming field.
>From what we see so far, almost all the new trading programs are
made to work with beginner stock day traders and most of the platforms
are created by brokerage firms themselves ...
Aside from NeoTicker, we have not seen any technological
breakthru yet :)
>
> When Omega Guys became limited to grow and to serve its product and
> TradeStation Pro renamed into TS6, it is obvious that "giant" at the
> end of its life cycle.
> There is a lot of companies feel that this is the time to pop up.
> There will be many new trading programs at the spring, which will grow
> like mushrooms after the rain.
The bad things above having so many trading program platforms
is that most of them are created by developers jumping from
corporate programming to the real world of commercial programming.
Stability, UI feasibility study, etc. are not part of their programming
consideration. Its more like "I can code the same as XXX and charge cheaper".
We've seen that happening in the charting applications for end-of-day
data for a while already ...
If they are willing to study why TS3.5 and TS4 took off, then
they will find that those products did fill a niche and their
peers at the time cannot and have not yet archieved the same level
of complexity (back testing for real time data) which then
made them leader of the field.
TS3.5, TS4 were not designed to work with massive amount of stocks.
And I don't think the current TS ever will.
>
> I believe that there is a NEW ERA in trading software developing is
> comming up.
>
> Val
>
I hope everybody who enter this software field will truly
create something unique as oppose to copy cat and then
we will have a truly NEW ERA :)
My new year wishes is that NeoTicker's planned features, including
portfolio backtesting + optimization will change the face of
computer driven technical analysis forever!
Lawrence Chan
http://www.tickquest.com
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