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I thought I would toss out a dissenting voice in regards to eSignal because
I have been very satisfied with both their product and customer service. In
regards to cost, they have several different packages depending upon your
data needs that range from $80 a month for the indexes, 50 stocks and the
Minis to $150 a month for more extensive coverage (plus exchange fees).
I can't argue with the difficulty of managing GS at times however there is a
charting app that comes with eSignal which pulls the data off their servers.
It has limitations but can be very useful. You can also get refresh data
from eSignal using Dynaloader for eSignal. But I have found that regardless
of data vendor, if you're using the Net for receiving data then it's best to
have redundancy in both net connections and datafeeds. Being down for any
length of time for any reason results in opportunity costs far exceeding the
price of a datafeed/net connection.
In regards to getting TS6 for free if you use Omega's brokerage, well,
that's not something I would ever consider doing.
Bob
----- Original Message -----
From: "Matt Proudfit" <mproudfit@xxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Wednesday, February 20, 2002 9:04 PM
Subject: My letter to eSignal
> Regarding my earlier post about my letter to eSignal, I apologize if I got
> anyone's hopes waaaay up there. I haven't found the Holy Grail - yet.
> Several months ago, being tired of getting hammered by eSignal again and
> again I switched to Tradestation 6 - or is that Tradestation Pro -
whatever
> they call it today. Anyway, it's costing me $160 per month LESS than I
was
> paying eSignal and I really haven't had data problems since - at least
none
> that weren't solved by clearing the caches. 90% of my trading is wrapped
up
> in S&Ps and e-minis although I do find myself spending more time with
> stocks. I like having real-time stock data on hand and not having to mess
> with the global server and leaving a machine on all the time and having it
> collect data for two months before I could get any good out of my charts
and
> indicators.
>
> Anyway, I'm not a commercial for Tradestation. In 1993 I bought my first
> version and a couple of months later I bought another copy to keep on a
> different machine. I've had every version and upgrade since then and I've
> lived through all of the Omega promises and problems. All I can say is
that
> TS6 is working fine for me. I run it on two multi-monitored PCs and a
> laptop (all with XP) and I have no crashes. I could save the $100 per
> month, but I still prefer to use my old broker for trade execution - based
> on past performance I'm just not quite ready to put that kind of faith in
> TS. Maybe later after they have proven themselves a little longer.
>
> For what it's worth, I have sent the same kind of letters to Omega that
> eSignal received from me in the past regarding "you'd better get your act
> together before someone else comes along and blows you guys out of the
> water". I've checked out the competition to TS, I just haven't found any
of
> them worth switching to - yet - but I'm always looking.
>
> Another for what it's worth - I remember that one of the principal owners
of
> the original BMI was a trader from back East somewhere. How about one you
> REALLY successful guys stepping up and building something we'll all want
to
> subscribe to? I bet there are a lot of ex-BMI employees that would love
to
> work for a well-run company out to put eSignal out of business.
>
> Thanks - and again, I apologize if I've just dashed anyone's hopes.
>
> Matt Proudfit
> Ogden Utah
>
>
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