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Re: QuantStudio



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No,

I do not believe that this software is "targeted" _only_ to hedge funds with
big pockets. But one thing is for certaing, in it's current state, QS is
definetly targeted at sophisticated programmers that need this kind of power
and accuracy.

How many individual traders are there like that? Today, not many, but the
list is growing everyday.

Ivan
----- Original Message ----- 
From: "RB" <rhodes@xxxxxxxxxxxxxx>
To: "Omega List" <omega-list@xxxxxxxxxx>
Sent: Saturday, February 28, 2004 3:53 PM
Subject: Re: QuantStudio


> If I had of known before, that this software was just targeted to hedge
> funds with big pockets and not meant for me and others traders.  These
posts
> probably would have never even started.  I am glad Ivan Figueredo pointed
> this out.  Now the average trader doesn't even have to waste their time
even
> looking at the software.
>  Also, why would you think an already profitable trader with a good method
> need more power than they already have?
>
> ----- Original Message -----
> From: "DH" <catapult@xxxxxxxxxxxxxxxxxx>
> To: "Omega List" <omega-list@xxxxxxxxxx>
> Sent: Friday, February 27, 2004 10:30 PM
> Subject: Re: QuantStudio
>
>
> > > That would be true if you were comparing softwares that both
accurately
> did
> > > their work.
> >
> > > It is when you start using it as a SYSTEM TESTING Platform
> > > does it become a danger to your pocket book.
> >
> > That's a rather extreme point of view.
> >
> > Yes, there are some gotchas you need to be aware of when using TS for
> > system building, testing and trading. However, they pale in comparison
> > to the potential gotchas of using something like C to build a system
> > "from scratch." Most of the gotchas have nothing to do with TS but
> > rather with having a thorough understanding of how to properly build and
> > test a system. If you can't figure out how to make TS work (it's really
> > pretty simple), I seriously doubt you'll do any better with a more
> > complex tool. More likely, you'll just dig yourself a deeper hole.
> >
> > Now, if you understand how to use TS properly and find you need more
> > power than it offers, that's another matter. Then it's time to shop
> > elsewhere.
> >
> > --
> >   Dennis
> >
> >
>
>