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I'm having a Decision making disorder

Posted: Mon Jul 16, 2007 5:14 pm
by Zoul
So I signed up for TS 8.3 and have taken a course in it and I've gotten pretty excited about it, although money has not crossed the table into a brokerage account, and then I start reading the forums.

I notice this guy called TheRumpledOne and he has quite informative posts, then as I look around I find the history (no need to repeat it) and I wind up here.

Now I'm looking and I'm finding that there is another program called NeoTicker that I am hearing raves about.

Since I am just starting out with rule based software, which is the better of the two?

I see some ELD's that look like they would make $$$, but how would it convert to NeoTicker?

I'm currently a VB Database programmer and I am trading Forex.

Any hint's would be helpful.

Thanks,

Dennis

Posted: Tue Jul 17, 2007 1:47 am
by TheRumpledOne
WELCOME ABOARD THE PIRATE SHIP KRESLIK!

First thing... DON'T USE TS as your forex broker!

www.efxgroup.com is a much better broker.

You are right, I have posted hundreds of indicators you can use on TS to take pips. Focus on THE TRO BUY ZONE.

If you want to automate your forex trading, then consider NeoTicker.

Posted: Tue Jul 17, 2007 3:07 pm
by Zoul
Aye, Matey!

What would be the reason for not using TS as a broker? There are some experiences that I would rather not learn first hand. :shock:

Posted: Tue Jul 17, 2007 5:18 pm
by michal.kreslik
Zoul wrote:What would be the reason for not using TS as a broker?


If one car dealership is quoting you a Bentley @ $300k and another one is quoting you the same Bentley @ $180k, which one do you choose?

TS is the one that is consistently quoting it @ $300k.

Michal

TS vs E*Trade vs NeoTick ???

Posted: Tue Jul 31, 2007 12:13 am
by barl0w
Hello all -

First time poster. Acquaintance of TRO, and I think Michal. I used to be on the 2% Club fairly frequently. I had stopped trading for 6 months or so to get adjusted to some changes in me and my family's lives (good ones, like a new baby, MBA school, new job, etc :shock: )

I am kinda in the same boat as Zoal here. But, I am getting back into trading, and currently use E*TRADE. Very happy, but my primary strategy has changed.

I primarily want to trade _Options_ due to time and money contraints. Up until now, I have been comparing E*TRADE to TS basically on price alone.

Now, secondarily I occasionally will scalp the Q's, RIMM, AAPL, or whatever with TRO's Dynamic Fibs (or manually, as I've been doing previously) when I haven't met my non-pattern day trading limit (I'm getting back in with a lot less capital and won't have the $25k to start - babies cost a lot!) but I've been dying to use TRO's dynamic fibs to Milk them Cows once in a while.

So do I pay $1 per side at TS and put up with everything everyone (Michal and others) have mentioned about using them as a broker (plus $99/month for platform fee)? Plus occasional stock trading fees (<=500 shares)?

Or do I pay $9.99 + $0.75 per side with E*Trade, whom I've been perfectly happy with (plus $99/m for platform fee), plus $9.99 per stock trade??

Or do I go with NeoTicker (at $90/month) and select one of the many brokers of my choice (MB = $1 per side, and do I need a data plan from iqfeed or eSignal???) and what are the total costs doing so??

Your opinions/analysis appreciated.

Regards,

Scott