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Strategies & Market Trends : TA- Advanced GET

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To: Harold Lanier who wrote (878)2/20/1998 9:47:00 AM
From: Ross  Read Replies (3) of 1551
 
To All,

Does anyone reading this tread use RT Get? I have always been interested
in a RT package but the overhead costs are daunting. With the new
"Win Get" the only (currently) options are CQG, FutureSource and
Bloomberg.. With the costs of Get lease ($1920.00 yearly or $160.00
monthly) and your data feed (the only one I have researched is CQG and
this, "base" is approx. $600.00 mo.) your monthly budget would run approx.
$800.00/$1000.00.

I trade stocks and the WinGet for Tradestation 4.0 (out soon?)
is a possibility. The problem; you must buy the program (tradestation 4.0
approx. $2400.00) to be able to link to a RT datafeed.. If I understand this
`possibility' correctly I would be able to use BMI or Signal. The down-
side is that you would also have to subscribe to a data provider for history.
Because history is only in daily bars (from all historical providers I'm aware
of, except trading techniques futures data) I would need to save and maintain
my intraday tick data.. Not easily done..

I find that RT data would be quite useful in finding entries, even if you are
a long term trader. But, as I said earlier, the costs are daunting! CQG is a
incredible package providing not only intraday data but historical also..

The reason I do not use Trading techniques futures hourly data is because
the bulk of my trading funds are in IRA's and, I believe, futures are not
a option.

Any thoughts, opinions, or comments would be of great interest to me.
Ross
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