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Strategies & Market Trends : DAYTRADING Fundamentals

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To: WaveSeeker who wrote (12169)3/4/2001 7:41:20 PM
From: TheStockStalker  Read Replies (1) of 18137
 
I would think a Pattern Day Trader would not get so emotional ?????

I guess since it ends with question marks you want a response. When I read your original
post and it said "when you go down intraday" as opposed to the way you said it in this post
"if the software is stopped and started" I thought you meant when you step it down to intraday
scanning it does not work. IOW I thought you were saying that FA is only an EOD scanning
tool. That is why I made all the points of its real time scanning value. So it would be clear.
It was not so much feeling emotional at all but I was ROFLMAO and wanted people that have
never tried it to know how well it works when set up correctly.

As for stopping and starting I guess I never had that problem. FA is really more of an institutionally
designed tool that usually is run on a separate dedicated machine and never exited. I have run it
for 2 years'and have never been forced out of the program. The exception for me has been when
my password expires. But I guess that with their new retail oriented internet feed that the problems
you describe could be possible when not being run on a second dedicated machine. As for Omega
Research products, I do not think I have ever seen anything worse out there as far as dependability.
I suspect that the reason that theirs fills intraday gaps was born out of the necessity that it always
crashes. So it was a feature born out of another problem. I like what they are trying to do but I have
never liked the results of their unreliable code. Though I guess the comparisons should be with the
Radar Screen product since FA is not a backtesting product. INSIGHT is another commercial grade
product that is available but it is a bit more expensive and has more limitations than FA. Have you
checked them out?

PDT

PS. I realize that they are not OMEGA anymore.
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