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Tradestation or Metastock

Last post 02-04-2009, 21:16 by wabbit. 1 replies.
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  •  01-10-2009, 12:31 28638

    Tradestation or Metastock

    I am struggling to decide between Tradestation and Metastock. Can someone explain to me why Metastock would be better than Tradestation?

    Tradestation also has their platform integrated with brokerage

  •  02-04-2009, 21:16 28788 in reply to 28638

    Re: Tradestation or Metastock

    IMHO, the difference is in the learning curves required to use each product.  MS is a "simple" tool which allows most traders to view a chart and make some computations on which they are going to base their decisions.  TS is a lot more powerful, but the price is that it is also much more complicated to use and has many "features" that if not fully understood, can result in large losses or unpredictable results from trading.

    If just starting out in trading and programming, KISS (keep it simple) is a mantra worth considering.

    BTW: there are other platforms too, not just MS and TS, each with their own capabilities and limitations and costs.


    $0.02


    wabbit Big Smile [:D]


    "The question of whether a computer can think is no more interesting than the question of whether a submarine can swim."
    Edsgar W. Dijkstra

     

    MS: 6.52 EOD, 7.x EOD, 8.0 PRO, 9.2 PRO w/QC, 10 PRO w/QC & MDK
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