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Strategies & Market Trends : Trading For A Living

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To: World Wide Trader who wrote (249)5/25/1998 2:13:00 AM
From: Deep Margin  Read Replies (1) of 1729
 
General Request:

I've got a lot of travel and boring hotel rooms in a couple weeks and thought it would be a fine time to develop and backtest various trading systems. Trying to decide which software to buy. TradeStation sounds awesome but expensive. Is it truly worth it? The latest Windows on Wallstreet also sounds OK but don't know anyone who's tried it. Etc etc.

Would sure appreciate any comments on backtesting experience with any of the commercially available software using a) end-of-day data for short-term trades, and b) intraday for daytrading.

For those who like me are more inclined to position trade than daytrade because of time constraints, Gary Smith has an interesting series of articles at TheStreet.com (you can take a 2 week free trial and read his archives, tho I think TSC is worth the $10/month).

Enjoyed reading thru this thread tonight. Good luck and profits to us all.

mpf

Eric P, I too am in awe. Keep us posted.
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