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Strategies & Market Trends : Trading For A Living -- Ignore unavailable to you. Want to Upgrade?

To: Ken Adams who wrote (500)	6/22/1998 4:11:00 PM
From: Nazbuster	Respond to of 1729

Ken, Thanks for the information! It's pretty hard to identify the pros/cons for the major packages. It sounds like you use several. I'll investigate the stronger players: Metastock, Worden (TC2000), Window on Wall Street, Omnitrader, etc.. Here's a link which I found through Irby's resource list which describes the features of all the packages. Perhaps you could look up the ones you actually use and see some useful info... traders.com By all means, feel free to comment further on OT or any of the other systems you use. I want to do position trading at first based upon short term trend changes. I work full time and am just now reading about TA. I bought several books and am working through them. I can see I'll have to re-read several times to get the full perspective. While reading, however, I'd like the benefit of looking at representative patterns in current data. I want to paper-trade the patterns to build skills and confidence in my understanding. Being able to back-trade would be nice, too. Do you know which packages will let me "pop" each day of history onto the chart when I'm ready so I can watch the patterns appear and predict the direction?

To: Ken Adams who wrote (500)	6/23/1998 10:28:00 AM
From: Roger Gough	Respond to of 1729

Ken, I too have been using OmniTrader for a while, but have yet to depend on it for trades. I'm still tweaking the settings to match my personality ... maybe that's the problem. :) In any event, I also use QuotesPlus, primarily for the data, which is reasonably priced and fast. The charting module isn't bad either, but it's pretty basic. Also, the scanner is excellent. Finally, the new version supports virtual MetaStock files, which means that OmniTrader (and others) can read directly from the QP database (via the virtual interface). Consequently, I think OT and QP make an excellent match. --Roger