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Re: GEN: Any ideas on a good day trading software package?


  • To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
  • Subject: Re: GEN: Any ideas on a good day trading software package?
  • From: "David Hunt" <adest@xxxxxxxxxx>
  • Date: Sun, 18 Oct 1998 21:56:12 -0400 (EDT)

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<x-html><html><head></head><BODY bgcolor="#FFFFFF"><p><font size=2 color="#000000" face="Arial">Obviously you haven't seen how well the latest numbers are for the Turtles. &nbsp;The system itself is up over 110% for this year to date. <br><br>Russell Sand's Pacific Turtle Fund (I am a Director of the Fund so I see the numbers) is up over 60% for the year to date (He trades 1/3 units, the System trades Full units). The System went down to minus 38% (Russell was down 12%) at the end of June and then roared out of the starting blocks in the last few months.<br><br>You must realise that when markets are choppy (ie 60%-70% of the time) trend followers don't have a good time of it. &nbsp;But the real test of a good trader is that you can hang in the choppy bad periods and be there to eat the cake afterwards. &nbsp;But on balance in the long run a consistent Trend Follower with a an edge will make money. &nbsp;They just might as Ray Barros always says have 10 months of Grind and 2 months of gravy. Unfortunately, most people will just shift to something else which feels easier.<br><br>I think you will find most Turtles are quite happy to lose their heads as you put it.<br><br>David Hunt<br><font color="#0000FF"><u>http://www.adest.com.au</u><font color="#000000"><br><br><br>----------<br>| From: gary gray &lt;<font color="#0000FF"><u>ggray@xxxxxxxxx</u><font color="#000000">&gt;<br>| To: <font color="#0000FF"><u>jaygreen@xxxxxxxxx</u><font color="#000000">; RealTraders Discussion Group &lt;<font color="#0000FF"><u>realtraders@xxxxxxxxxxxxxx</u><font color="#000000">&gt;<br>| Subject: Re: GEN: Any ideas on a good day trading software package?<br>| Date: Monday, October 19, 1998 8:51 AM<br>| <br>| Buyer Beware... &nbsp;Having watched and viewed traders' results for YEARS,<br>| I (nor any of my associates) &nbsp;have ever seen results from any so<br>| called &quot;Software&quot;. You would think that from all the &quot;software&quot; out<br>| there, and all of the people and programers one would find someone<br>| willing to sell a system applied to some &quot;software&quot; that produces<br>| consistant results. &nbsp;Sorry doesn't exist.<br>| One of the best yet not widely known examples of what I am saying<br>| is/was Welles Wilder paying someone $one million for the &quot;Delta<br>| phenomenon&quot;. For a short time Wilder offered it for $10,000 and now it<br>| is obtainable for a few hundred. Anyone retired or floating around on<br>| a yacht from trading profits using &quot;software&quot;. Nope!<br>| Even the infamous &quot;Turtles&quot; have had their head handed to them in the<br>| past couple of years.<br>| <br>| Luck to all! &nbsp;(you need it)<br>| <br>| Regards,<br>| <br>| Gary<br>| <br>| I trade therefore I am &nbsp;(doesn't mean I make a living at it though)....<br>| <br>| <br>| <br>| <br>| ---jaygreen &lt;<font color="#0000FF"><u>jaygreen@xxxxxxxxx</u><font color="#000000">&gt; wrote:<br>| &gt;<br>| &gt; i would suggest the new metastock that works with the internet data<br>| feed<br>| &gt; <br>| &gt; jay<br>| &gt; <br>| &gt; <font color="#0000FF"><u>Sdonelow@xxxxxxx</u><font color="#000000"> wrote:<br>| &gt; <br>| &gt; &gt; Hello Friends,<br>| &gt; &gt; I am going to be day trading through a local SOES office in a few<br>| weeks, I<br>| &gt; &gt; would like to know if anyone here uses a software package for<br>| daytrading that<br>| &gt; &gt; they particularly like. &nbsp;I am most interested in technical<br>| analysis software.<br>| &gt; &gt; thanks,<br>| &gt; &gt; Steve Donelow<br>| &gt; <br>| &gt; <br>| <br>| _________________________________________________________<br>| DO YOU YAHOO!?<br>| Get your free @yahoo.com address at <font color="#0000FF"><u>http://mail.yahoo.com</u><font color="#000000"><br>| <br>| </p>
</font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></body></html></x-html>From ???@??? Sun Oct 18 19:23:44 1998
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Date: Sun, 18 Oct 1998 21:04:23 -0500
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From: Joe Frabosilio <joe6964@xxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: GEN: Any ideas on a good day trading software package?
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Hi Steve,

I trade through a SOES firm via internet, the software most likely that you will
be using is called Realtick III.  You might want to learn that one first, other
wise you might have problems placeing a trade.  Realtick III offers a lot of
different features, from different times to indicators. It should be all that you
need, unless you are using a tradestation program.  Watch out, when running the
two programs together, may cause a delay in your data feed, by 1min or so.

If you have any other questions about SOES firms, drop a line, I'll do my best to
answer your question.

Trade Well,
Joe Frabosilio

Sdonelow@xxxxxxx wrote:

> Hello Friends,
> I am going to be day trading through a local SOES office in a few weeks, I
> would like to know if anyone here uses a software package for daytrading that
> they particularly like.  I am most interested in technical analysis software.
> thanks,
> Steve Donelow