I do not have it but I think you did a very good choice. They have their forums, by the way, open to everybody. Perhaps I will buy it in the future. For the time being I use Trade Station + TradersStudio. Now stop doing anything else and : 1 - learn to program it 2 - read some ( a lot ) of books to learn, for example, what trailing stops you can use and get ideas for your future trading strategies 3 - backtest the more strategies you can 4 - never trade anything you did not backtest before, even if you are told somebody else backtested them. Often these are only lies to sell you something. And never trade discretionary methods ! If you can, change them a bit to make them mechanical, otherwise forget them completely ! And remember, your future as a winner or a loser will depend only on your persistence and determination to become a good trader. My sincere best wishes.
I forgot this : 5 - Do not waste your time with Gann & Elliot waves ! Focus only on mechanical systems ! You must become your own CTA and not the new W.D. Gann ! Do not let Gann vendors' hype and ads cheat you.
One point I would like to make is that the compariable version of Trading Blox costs $2995.00 versus $499.00 for the same capablity with TradersStudio. I will admit TradersStudio will take a bit more programming to do some things but most people it will not take any additional programming. In cases it does only a hour or so of work. In addition this same issue also makes TradersStudio more powerful and flexable. One of example of this is monti-carlo analysis. TradersStudio comes with a macro which does a drawdown analysis, but the code for this macro is open and you can call these functions to create your own version of this analysis which does exactly what you would want to, instead of having to only use Trading Blox's built in one.
That sounded interesting. Please, can we know from where we can get a free demo of Trading Blox or TradeStation? Your posts were very informative and interesting. Thanks!
all the information about Trading Blox is at www.tradingblox.com Does anybody has any experience with trading blox and FX Strategies?
Other than it being expensive and the suggestion that it is therefore " must be good", can you explain why you bought it? I looked at TB some time back and couldn't justify the expense given it's commoditized feature set.
Besides the price, when you looked at it, did you compare it to any other system? which one? Was it any good? Was it better than Trading blox? It would be very helpful to know.
benavju , welcome to Elite Trader Forums Since, you are new at trading, a few good threads, which might help you out are as follows: http://www.elitetrader.com/vb/showthread.php?s=&postid=2567111#post2567111 http://www.elitetrader.com/vb/showthread.php?s=&postid=2564243#post2564243
The TradeStation base platform fee is currently being waved for new accounts through the end of the year. Details are on their web site. If you only want to try it, without opening an account, that is possible too, through two-month free trial offers that you will find being offered through third-parties by doing a web search.
First of all, it's not easy to be "better" than Trading Blox - it's a good quality product. But also "betterness" is relative and hard to define. I compared it with Quant Developer, Tradersstudio and Multicharts (not all at the same time). My aim was to determine whether the price they were charging for Trading Blox Builder was justified. The best overall was Quant Developer - relatively expensive like TB but more powerful especially when you have programming skills. Quant Developer is no longer available and has been replaced by it's brain damaged relative, Open Quant. Of the other two, I rejected Multicharts because it's data handling subsystem was poor and the company, while acknowledging these issues, refused to address them. So I ended up with Tradersstudio for most of what I do finding that it matches up very well, feature for feature with TB but at a much lower price. TB does look prettier though and is a capable, if optimistically priced, tool. However, most TB users I'm aware of have had it for some time (from when that pruchase made more sense). I'm not aware of anyone who, after becoming fully aware of all the pros and cons, has chosen TB more recently over other credible options. Admittedly, the sample size is small and ultimately meaningless but I think you get my point. I recommend you search the forum for threads that compare TradingBlox, Tradersstudio and others. I thiink you'll find plenty of useful information to guide you. Thx D