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Well, I am not so much talking for the "old" TS users. I understand the
concerns of switching from on program to another but for any new user it is
an alternative worth to consider. After all I believe that WL was a good
wake up call for TS and they have to put much more effort into there product
now that Fidelity owns WL and is putting a lot of resources into it. The
more you recommend WL the more TS is working for its money and Fidelity will
be encouraged to invest even more. :)
Regards,
Volker Knapp
(www.wealth-lab.com)
-----Original Message-----
From: Jimmy [mailto:jhsnowden@xxxxxxxxxxxxx]
Sent: Monday, January 17, 2005 10:56 PM
To: Omega-List
Subject: Re: Wealth Lab
I wish Wealth lab had started before Tradestation. Then it would have
the advantages that Tradestation software does.
I don't know what Wealth Lab costs but the two or three thousand I
have in Tradestation is peanuts but the thousands of hours of work
make it hard to switch. It isn't like buying a new car. I keep cars
forever. When they are worn out junk I go get a new one. Tradestation
gets old and I just do a clean install. I really wish Wealth Lab could
pull me over. There just isn't anything compelling to make me switch.
My guess is guys like Bob Fulks and a few others on the list can make
Tradestation do anything they want. Well now I think of it I can
pretty much do anything I want in it.
One thing I picked up on a few years ago was Paint bar studies are not
just silly substitutes for indicators. Indicators will signal you
faster than a system and paint bars will signal you faster than an
indicator. Remember I trade discretionary because I'm unable to build
a system I will actually trade.
--
Best regards,
Jimmy mailto:jhsnowden@xxxxxxxxxxxxx
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