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TradeStation
Posted By: TradersLog
“TradeStation is the first trading platform that gives you the power to create, test and fully automate your own rule-based trading strategies. TradeStation puts up to 20 years of in-depth market history at your command with the power to instantly back-test any trading strategy you design, before risking one cent of trading capital. When you’re ready to trade, TradeStation can automatically monitor your trading rules and even execute your trades. That’s why TradeStation has become the fastest growing and most highly awarded trading platform available today.”
By Mike
On 11-18-2009 at 1:07 pm
What they evolved to is a 747 airliner great if you hav a year or two to become proficient. But more than likely there will be a wrong click when you need a correct one and lose a winning trade. Not Built for a short learning curve. Many, many hours of tutorials, many phone calls. Some of the tech’s are very helpfull but there are the ones who just direct you to the online tutorials (which are long and frustrating) A day trader should look elsewhere.
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By Fred
On 11-18-2009 at 1:08 pm
The big deal is the software. The software is pretty good, as in among the best of the canned variety. Very good graphics ability. TS Easy Language, which is how you write your custom apps, be they graphical displays or systems is vastly better than Genesis if only because Genesis doesn’t support loops. TS commissions are competitive. Where they get paid is charging fees for data/market access that is available free elsewhere. TS data coverage is better than IB’s where a large fraction of the trades are not sent to the users. However, TS is changing some policies, making it very difficult to use their software on two or more computers. That means if you travel some, but use a desktop for your paired 22 or 25 inch monitors, you’re screwed. Check this week’s policy about the number of computers allowed before you go to TS with your account.
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