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Re: TradersStudio?



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At 11:11 PM 1/16/2005, you wrote:

>Has anyone tried or knows anything about TradersStudio?

>If it works and is even just equal to TradeStation, I would think they would have a big market as long as TradeStation codes can really be used and the charting and system testing is good and they keep it updated at a reasonable cost and don't change something in the updates so what you have now will not work without some extra programming.

Creating an application like TradeStation would require tens of man-years of effort so it is unlikely that TradersStudio is even 5% of TradeStation. Of course, if that is the 5% you like and use, you might find it to be OK.


>That is one thing I never understood about TradeStation..  They marketed it to the newbie and made upgrades as if all users were programmers and enjoyed programming for fun ...

The idea of products like TradeStation was to allow you to create and backtest your trading ideas before trying them with real money. If you think you can do this without learning some programming you are fooling yourself.


>...and left some users stranded on some products.

Software is not a "product" like a TV set. It is a "service" that requires continuous updates and support that you should expect to pay for. You are only "stranded" if you choose not to upgrade. It is your fault, not theirs.

All software requires upgrades from time to time as the operating systems and data formats change. It is surprising that old versions such as TS4 and TS2000i still work at all on current OS versions. How anybody can expect to be using the same software version year after year without installing upgrades is beyond me. Would you still be using the 1999 version of your virus checking software?

And the features of the newer versions are much, much better than the old versions. Occasionally, I have to fire up TS2000i to look at some old data and find that it sure seems obsolete by TS8 standards...


>There are many who still use the stand alone TradeStation and probably would never go to the brokerage system.

You do not have to use the TradeStation brokerage to use TradeStation 8.

Bob Fulks