Insight filtering software

L

lescor

No reviews on this product on this site so I thought I'd ask for some feedback from current or past users.

I spent a few months using FirstAlert and loved it. I've got some ideas for some filter based trading I want to start doing and was going to sign up for FirstAlert again, but someone mentioned Insight to me. As far as I can tell, FirstAlert is the top of the heap, can Insight measure up?
 
Can you elaborate on that at all? Maybe compare strengths and weaknesses if you've used both. I'm only talking filtering capabilities, not charts or other features.

Thanks,
Corey
 
if anyone else has opinions about insight's software, please write in.

reliability?
filtering capability?
ease of use?
speed?
 
When I used insight it was $1000 per month and can support 5 users at this level, $50 for each additional user. Insight is more complex and can perfom more detailed filtering, but for a single user I would use 1st Alert.
 
Originally posted by hedgez
if anyone else has opinions about insight's software, please write in.

reliability?
filtering capability?
ease of use?
speed?
More...

reliability both are good, ease of use 1st Alert is a snap, it'll take a couple of weeks to learn insight.
speed ...same
 
I tried to contact Insight a while back when some of the traders in the office were interested...not much of a responce. Anyone have a contact over there? Please private message me.

Thanks

Jonathan
 
I've used both extensively. Here's my take:


RELIABILITY

First Alert: Aweful
Insight: Oustanding

EASE OF USE

First Alert: Easy
Insight: Difficult

FILTERING CAPABILITY

First Alert: So-so...Very limited chart criteria
Insight: Best in the business--BY FAR

CHARTING

First Alert: Excellent
Insight: Horendous

EASE OF DATA MAINTENANCE (STANDALONE VERSION)

First Alert: The worst in the business
Insight: Reasonable

CUSTOMER SERVICE

First Alert: Outstanding
Insight: The worst in the business

PRICE

First Alert: Reasonable
Insight: Reasonable

USER INTERFACE

First Alert: Decent
Insight: Piss-poor

REMOTE VERSIONS (IN GENERAL)

First Alert: OK but limited custom filtering capability
Insight: Basically it's the same product limited to 1000 symbols or so




(The above are my opinions based on experience. Hope they help!)
 
Re: shortinterest's comments

I use FirstAlert every day and was previously a Tradestation user. I have never used Insight so can't comment on that. Regarding your assesment of First Alert, I agree with you except for the comment on Charting. I think that's their biggest shortcoming. The functionality and ease of manipulating charts in Tradestation blows First Alert away. The data maintenance issue is also a big problem (which you do point out). I may be naive relative to sophisticated users but I find First Alert's "filters" and "alerts" incredibly empowering. Within the first few hours of using it (back in June) I created 2 filters that I still use daily (a longs list and shorts list). I've created many others since then and spend a good part of the down time during the lunch time and after the close, experimenting with new ideas.

As an interesting aside, I find that my colleagues, many of them great traders, don't utilize filters at all and in fact many use it just for quotes, time and sales, and spooze charts. Full disclosure: I'm fairly new to NYSE "real" trading. I would love to share filter ideas (I have a very limited repertoire but its expanding).
 
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