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Non-Tech : OmniTrader-Do you like it???

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To: Regent who wrote (329)4/2/1999 2:08:00 PM
From: Allan Corrado  Read Replies (2) of 402
 
Thoughts from the Neophyte
I'm starting to think that all of this boils down to developing an easily repeatable daily/weekly method of analysis that allows the user to narrowly focus his/her effort(I am inclined to 'analysis paralysis' myself so I am still searching). The success rate would have to be consistant enough to keep the user motivated over time. Maybe this is too simplistic but when you think about it, the possibilities for analyzing these signals seem infinite(to me, anyway). The end result is a lot of hours looking at the program. Where do you start? Is it as simple as going with the advisor rating or the BTHR? I don't think so and I believe you're right, there isn't a lot of communication on this. This thread is slow, as compared to other threads, and the company chooses to communicate through upgrades. Their approach seems to go like this; Users, this is what you asked for, we like it too so here are the features in the upgrade. I haven't found much else readily available for the sake of developing a methodology. Without this I feel the only other option is to make an intensive study of TA and dig deep into the program(like I think some of you have). This just may be the way things are and I guess you don't know until you try.

I just received a newsletter touting 4.0 end of day(and 4.0 real-time). I'll be getting 4.0 end of day soon. The one thing I got out of the newsletter is that you'll be able to sort the focus list a lot easier and get better confirmation. Hopefully, the new sorting feature will take out of a lot of noise from all of the signals I get. I'll let you all know what's up with the upgrade when I get it, that is, if anyone out there is still interested.

Al
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