For 27K it would have to tell me exactly when to enter/exit a trade and be right all the time. Try trade navigator from Genesis. It'll do everything you need. There are many others and all cost considerbly less, like 95% less.
Would you pay $27,000 for software?
- Thread starter Batman28
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For 27K it would have to tell me exactly when to enter/exit a trade and be right all the time. Try trade navigator from Genesis. It'll do everything you need. There are many others and all cost considerbly less, like 95% less.
Professionals routinely pay more than this plus monthly costs in excess of 1k for a complete solution (true portfolio testing & same logic forward trading). 27k is half what you'd pay an administrative assistant. Which is more critical to future health of the firm?
Priorities...get 'em straight.
Yes, I use trade navigator. Just got it a couple weeks ago so I'm still in the learning phase. I really, really, like the play back feature. The back testing is nice but doesn't tell you if you actually would have made the trade. The paly back allows me to set my indicators and see if my eye would have picked up the actual trade. This tool alone is worth the money to me. Their tech support has been very helpful and readily answered the dumbest of my questions without hassle. I'm certainly no expert on trading software and there may be others that are better, or less expensive, but so far I'm happy with trade navigator.
The only software I know of that costs that much is Mechanica.
If that's the software you are talking about, I've been told by former Mechanica users that both TradersStudio and Trading Blox work as well or better if you don't need to deal with multiple managed accounts. That's the primary institutional feature of mechanica.
If that's the software you are talking about, I've been told by former Mechanica users that both TradersStudio and Trading Blox work as well or better if you don't need to deal with multiple managed accounts. That's the primary institutional feature of mechanica.