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Strategies & Market Trends : RealTick III -- Ignore unavailable to you. Want to Upgrade?


To: Brandon who wrote (2)4/30/2000 10:55:00 PM
From: davealex  Respond to of 311
 
Brandon,

Good find. Paper trading software is great not only for people who are interested in finding out "what it's like" to day trade (within limits; you always get fills that are way too good, and there's no psychological impact of risking real money, so people who make a million paper trading need to understand that won't happen when they start to trade for real), but also for traders who want to test out a new system without committing actual $ to the test phase -- or try to track everything with a pencil and paper.

MB Trading offers an account called TALX that is the same type of thing for their MBTrader version of RealTick III, but you can't have it running at the same time as your other accounts. In other words, if you want to use TALX, you have to call MBT and have them disable your real accounts and turn on TALX. I would like to have TALX running with my other accounts so that I could just select TALX and trade in that account to test a new system. Maybe it's because MBT is worried that people might not pay attention and then they will make some godawful ridiculous trade in their normal account because they thought it was set to TALX. I could just hear someone trying to get a trade busted because they "thought it was in my TALX account and it's your fault. You shouldn't give us the option to screw up like that." :-)

Dave