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Actually, it would be very helpful to the trading community to have
objective comparative tests, well designed, well executed and comprehensive,
of the accuracy and capabilities of many different trading platforms,
including TradeStation, Wealth-Lab, Trading Recipes, and Behold, as well as
add-ons like the Rina products. The tests could include portfolio-level
trading in products in which it is available. Software manufacturers could
correct bugs and resubmit their software for re-testing.
One would hope that the developers of the various platforms have their own
internal validation suites; it would be interesting to see a vendor publicly
release their test suite and test results.
Large companies entrusting large amounts of money to software such as
accounting systems routinely conduct rigorous tests of the software before
it goes into production. Perhaps some individuals or organizations have done
such testing of popular (or unpopular) trading platforms.
-----Original Message-----
From: VK [mailto:vk@xxxxxxxxx]
Sent: Thursday, March 13, 2003 6:29 PM
To: 'Charles Johnson'
Cc: 'Omega List'
Subject: AW: Wealth Lab for portfolio testing/trading
Charles.
There is no need to rectify it. The difference between the two TR and
Wealth-Lab was very minor. The same thing would happen if you compare
MetaStock and TS or even TS2000i and TS7 for that matter. The person
that I was doing the comparison with made NO effort to solve a small
difference. In fact what started in this other forum was a very bitter
experience for me. This forum is full of very unfriendly people who did
not care to find out the truth. There are way too many WLD2 users, most
of them highly professional, that would post on our forum if there are
any problems. You are invited to take a look at the WL forum. So far the
WL forum is a bunch of very nice, respectful people. We never had to
delete any posting. I am amazed to see that you will not have confidence
in WL just because of one mans word. I guess it shows that it is
possible to do a lot of damage if you post as ANONYMOUS and in many
different names.
To win your confidence you might want to take a look at this poll:
http://www.elitetrader.com/vb/showthread.php?s=&threadid=10157
I believe this tells more then any thing else.
Regards.
Volker Knapp
Wealth-Lab Inc.
www.wealth-lab.de
www.wealth-lab.com
-----Ursprüngliche Nachricht-----
Von: Charles Johnson [mailto:cmjohnsonxx@xxxxxxxxx]
Gesendet: Donnerstag, 13. März 2003 02:28
An: VK
Cc: 'Omega List'
Betreff: Wealth Lab for portfolio testing/trading
Volker,
As you probably saw, there have been recent discussions here
http://www.traderclub.com/discus/board.html about the non-existence of
systematic validation of Wealth Lab's accuracy in portfolio testing and
trading compared to Trading Recipes.
Are there any plans to rectify this? Without such validation, it will be
hard for people to have confidence in WL.
Also, what is the feasibility of an Easylanguage to WL translator, and
is
anyone working on this?
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