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Hi Dave:
Can you tell me what these " Drummond Geometry numbers-specific for Omega"
are. I'm interested in how they work intraday.
Thanks, John
----- Original Message -----
From: <Austowne@xxxxxxx>
To: "Earl Adamy" <eadamy@xxxxxxxxxx>
Cc: <realtraders@xxxxxxxxxxxxxxx>
Sent: Sunday, August 12, 2001 2:52 PM
Subject: Re: [RT] Tradestation Pro
> Earl,
>
> As maddening as these guys can be, I was one of those newbies years ago
who
> thought the road to riches began with TS, Easy Language and real time data
> with BMI. Over the years, of course, I developed my own style, and got to
> the point where I did not and do not use 99.99% of TS's features, but
became
> quite comfortable and reliant on it's drawing features (if you believe
it).
> Together with a 3rd party application which I find useful at times
(Drummond
> Geometry numbers -- specific for Omega), I have been "compelled" to stay
> within the family and search for an alternative to BMI (which I had been
> vowing to do for some time). A current incarnation, Pro, has only
recently
> (in last month) offered futures data in its package, and has had a hellava
> time getting it right. I "trust" these glitches are simply the inevitable
> initial bugs, although better quality control before and after the fact
might
> have been/be useful. My emails in this regard have gone unacknowledged.
I
> did get a quick phone call a few days ago though, saying a problem had
been
> referred to the engineering dept (an email would have been documentation
of
> the problem and therefore not advisable from Omega's standpoint).
>
> I have sitting beside me unopened boxes with TS 2000i and the satellite
> equipment from DTN. The ease, convenience and features of internet based
> data, however, has urged the rational/expedient side of me to try and
> optimize my current situation before going out in 100 degree weather to
sink
> a post for a dish. I currently use a dial up internet (Earthlink) service
> and am constantly losing connections. I have cable available to me, so
this
> might be a first step, although I am not convinced, given the fact that
> usually internet "noise" is distal to the cable connection: out there in
node
> land.
>
> My question to you is if you had the opportunity to go back to DTN for
your
> real time data, would you do it? My prejudice says to avoid the internet
as
> much as possible. I keep a separate computer with my PMBe brokerage
account
> and that has been the extent of my online experience till now. The uneasy
> alliance between software and hardware generates enough errors in the form
of
> illegal or fatal operations as it is. Having the internet involved in
this
> process just makes the probability and resolution of these hassles that
much
> greater, and the stakes that much higher -- not the type of enviornment
one
> wants when trying to focus on the task at hand: making the proper trading
> decision.
>
> Dave
>
>
>
>
>
> In a message dated 07/11/2001 5:00:48 AM Pacific Daylight Time,
> eadamy@xxxxxxxxxx writes:
>
> In one word, my advice would be to ... run! (Away!) The Cruz brothers, in
> their various incarnations, have been sitting on a 3 legged stool for
years:
> sell an expensive product to newbie traders who are prohibited from
> reselling the product when they burn, poor product quality (lots of bugs!)
> and support, and digging new wells while leaving the old customers behind.
> The best that I can say for them is that they are survivors (OMGA > TRAD)
> who have provided a product which has been profitably used by a small
number
> of traders.
>
> These are not the people I would trust with my futures order execution,
much
> less with a futures account which is not guaranteed or insured by a third
> party! FWIW, the CFTC publishes a report and spreadsheet quarterly with
the
> account/asset ratios of all Futures Commission Merchants so you can check
to
> see where they stand relative to the 4% minimum requirement. With this
> economy getting ever rockier, I would be very careful about where my
futures
> account is held.
>
> Earl
>
> ----- Original Message -----
> From: <Austowne@xxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Tuesday, July 10, 2001 11:23 PM
> Subject: [RT] Tradestation Pro
>
>
> > As a BMI/TS 4.0 refugee, I'm looking around at the options. I've always
> > figured I'd end up with DTN/TS2000i. but recently Pro was released --
> > packaging software, data and brokerage into one integrated unit at a
price
> > tough to refuse. Up to now I've kept the 3 entities separate and
eschewed
> > internet based data in favor of cable or satellite. This one stop
> shopping
> > concept seems a little too slick, but perhaps I should give it a look.
Is
> it
> > too new for anyone to have had any meaningful experience with it
(futures
> > trading)?
> >
> > Dave Austin
>
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