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Adaptrade Software

Posted: Sat Aug 19, 2006 2:46 am
by jstockman
Has anyone reviewed this position sizing software. Can you give me some feedback. :?:

http://www.adaptrade.com/

Posted: Mon Aug 21, 2006 1:36 pm
by jhtumblin
It looks to me just like backtesting software. I don't think it could really do much for your trading system because it seems to be based on hindsight which is near worthless in trading. Only you can determine, based on discretion how much of your equity you want to risk per trade (position sizing) and when to get out of a drawdown (money management). Unless you have a specific need for a higher degree of strategy analyzation, I wouldn't bother.

It is my opinion they make way too much money on market software that doesn't do much these days. Remember that when paying for anything, if it truely worked or helped to any large extent, everybody and their brother would be using it.

Posted: Mon Aug 21, 2006 6:45 pm
by jstockman
jhtumblin,

Thx for your opinion. I value it.

Jimmyj

8)