fundjunkie
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All,
I'm considering Tradestation as a purchase. Can someone outline the differences between the various current version of Tradestation, e.g. 2000i, 2000i Pro, version 8 etc.
Also, I have particular requirements from any software that I may buy. And if I'm gonna have to pay big money for a package I want to be sure it ticks all the boxes on my list of requirements:
- A quality user interface
- Ability to screen on a wide range of both technical *and* fundamental criteria
- A wide range of indicators and the ability to create custom indicators. Note: Does TS support sentiment indicators?
- A large number of prebuilt systems including more exotic stuff (to me anyway) like buy-write systems etc.
- Ability to create and test systems against one or a portfolio of stocks, indices or derivitives. Backtesting over the longest time period would be a big bonus too. How much historic data is provided by TS?
- Ability to paper trade and maintain a history (hey, I'm lazy!)
- Ability to analyze trading performance.
- A good money management facility - money management is something I'm becoming increasingly aware of the importance of 'cos I'm thinking about using margin accounts.
- Ability to perform options screening and analysis and monte carlo risk analysis.
- A good level of support as i try to climb the learning curve.
Does Tradestation do all of this? Am I looking for too much in a package?
Thx in Advance,
D
p.s. I'll use the software for EOD trading at first. Real time intra-day comes later if I continue to do okay and want to expand my trading horizons further.
I'm considering Tradestation as a purchase. Can someone outline the differences between the various current version of Tradestation, e.g. 2000i, 2000i Pro, version 8 etc.
Also, I have particular requirements from any software that I may buy. And if I'm gonna have to pay big money for a package I want to be sure it ticks all the boxes on my list of requirements:
- A quality user interface
- Ability to screen on a wide range of both technical *and* fundamental criteria
- A wide range of indicators and the ability to create custom indicators. Note: Does TS support sentiment indicators?
- A large number of prebuilt systems including more exotic stuff (to me anyway) like buy-write systems etc.
- Ability to create and test systems against one or a portfolio of stocks, indices or derivitives. Backtesting over the longest time period would be a big bonus too. How much historic data is provided by TS?
- Ability to paper trade and maintain a history (hey, I'm lazy!)
- Ability to analyze trading performance.
- A good money management facility - money management is something I'm becoming increasingly aware of the importance of 'cos I'm thinking about using margin accounts.
- Ability to perform options screening and analysis and monte carlo risk analysis.
- A good level of support as i try to climb the learning curve.
Does Tradestation do all of this? Am I looking for too much in a package?
Thx in Advance,
D
p.s. I'll use the software for EOD trading at first. Real time intra-day comes later if I continue to do okay and want to expand my trading horizons further.
