|
PureBytes Links
Trading Reference Links
|
>Bob Fulks wrote:
>>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...
>Then Alex wrote:
>>4. Lack of adoption by successful, wealthy traders and system
>>developers, who sometimes approach me to write code for them. They
>>all use TradeStation, so developing stuff in WL wouldn't be useful.
>>They pretty much use TS2000i, not the latest one.
Then Seth wondered:
>Why is it that most large traders (according to Alex) do not use
>the latest TS version? Either Bob or Alex is incorrect
No, we can both be correct. I didn't say "most" large traders --
just some successful large traders have approached me for coding
help, and they used TS2000i. There may well be other large traders
that use the latest TS version, and they probably don't need any
help coding. One large trader wouldn't use TS8 because he has no
interest in their brokerage. His own brokerage gives him better
access and faster fills and lower commissions, so TS2000i suits him
fine.
>I am still using 4.0 because I don't know what version to trust
>after that and don't want to gamble my business on an upgrade that
>is bug-ridden.
For what it's worth, the first large trader (can you believe 100
lots on the big S&P) who approached me used TS4. I convinced him
to switch to TS2000i and he realized, once he tried it that, he
would never go back. Part of the problem was that code written for
TS2000i isn't always backward compatible to TS4.
>(Those who have
>continuously been trading through the TS upgrade cycle only had 1
>choice for a continuously robust platform, and that was 4.0) If I
>wanted to upgrade, what is the version that would allow me to use
>my tick database and eSignal, and is there any point to upgrading?
Well, I don't know about your existing database, but TS2ki works
with eSignal. The advantages to upgrading from TS4 would be more
flexibility in the programming language, which is somewhat expanded,
and also easier usage of other people's code. There is more
backward compatibility between TS8 and TS2ki than there is between
TS2ki and TS4.
>Not trying to be a smart-ass--I just really want to know if there
>is any upside to migrating from the 4.0 platform...
You might try it on a second computer to see what you think.
--
,|___ Alex Matulich -- alex@xxxxxxxxxxxxxx
// +__> Director of Research and Development
// \
// __) Unicorn Research Corporation -- http://unicorn.us.com
|