Originally posted by Scumbag trader
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It's with deep regret that I have to tender my resignation as moderator on this forum
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Originally posted by fluffnut View PostWithout wanting to turn this into silly arguments, suppose i did give you the name of other services that do this.
A. my post would be deleted for "promoting rival software"
B. I imagine i am getting close to being booted out which i obviously don't want to do.
In addition to the point you are trying to make would you be kind enough to point me in the direction of a service which has.
- less tools than the TT (something which is paramount to the modern trader)
- Of those that offer training mode, one which does not crash every other trade.
I could go on but i think i am treading on thin ice as it is. All i am doing is responding to your question. I am not in a position to donate anything besides...where is the attraction in a free api vendor if you feel that you are being forced to donate.
Regards
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having just re-read alot of what i have said lately im going to give it a rest now as some of what i have written does sound quite harsh. I don't mean for any of it to p*ss people off just giving my thoughts but like i said after going over them some of them do sound a little disrespectful.
This obviously is not the plan and i feel like i may be pushing my luck. I love using the toy and will hopefully continue to despite how some may interpret my comments.
Sorry if any offence has been caused.
Regards
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Originally posted by fluffnut View PostWithout wanting to turn this into silly arguments, suppose i did give you the name of other services that do this.
A. my post would be deleted for "promoting rival software"
B. I imagine i am getting close to being booted out which i obviously don't want to do.
In addition to the point you are trying to make would you be kind enough to point me in the direction of a service which has.
- less tools than the TT (something which is paramount to the modern trader)
- Of those that offer training mode, one which does not crash every other trade.
I could go on but i think i am treading on thin ice as it is. All i am doing is responding to your question. I am not in a position to donate anything besides...where is the attraction in a free api vendor if you feel that you are being forced to donate.
Regards
Re Training Mode - This itself is actually in Beta and you will notice that other than on this forum I'm not actually promoting it on the site as there are still one or 2 niggles. It was included in the live product as there was no impact to live trading. I am aware of a bug that causes the bank to zero out when placing bets, which I believe has been fixed in the upcoming release.
I am not however aware of any bug that causes the product to crash. If you are having issues, might I suggest you post something up in the bugs forum, and with any luck I should be able to work with you to get rid of the blighter.
In terms of you being on your last legs, I think you are being unduly paranoid. I really don't mind criticism of the product, as it helps make a better product. Where I do draw the line is with people on missions, especially when nobody is actually making them use the product.
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Originally posted by The Geek View PostRe Tools - Just because they have them, doesn't mean everyone uses them.
Re Training Mode - This itself is actually in Beta and you will notice that other than on this forum I'm not actually promoting it on the site as there are still one or 2 niggles. It was included in the live product as there was no impact to live trading. I am aware of a bug that causes the bank to zero out when placing bets, which I believe has been fixed in the upcoming release.
I am not however aware of any bug that causes the product to crash. If you are having issues, might I suggest you post something up in the bugs forum, and with any luck I should be able to work with you to get rid of the blighter.
In terms of you being on your last legs, I think you are being unduly paranoid. I really don't mind criticism of the product, as it helps make a better product. Where I do draw the line is with people on missions, especially when nobody is actually making them use the product.
Im pleased you see my words as constructive criticism as that is all it is intended as. I know that just because others have lots of unnecessary bells and whistles doesn't mean they are used but come on mate it's not like a stop loss, trailing stop loss , lay the field features etc etc etc can be overlooked forever or in my opinion you will be left behind. I do however repect the fact that in a few weeks or months or near future this may no longer be an immediate concern of yours.
The training mode is granted, not a massive thing but it is "another thing" like he says above though trading using small stakes is the best form of training.
With regards to my paranoia, i was getting a little concerned yes but only due to having seen banning used frequently with people that are deemed to have spoken out of line to mods/admin etc but that goes for lots of other forums i am a member of as well not just this one.
Regards
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I have to disagree with most of your remarks, fluffnut. Stop losses in any form are rarely of any use and many traders have ruled them out entirely on the basis that such tools actually guarantee a loss. In pre-race trading all that is needed is discipline to take a loss at the appropriate time. Also, stop losses can catch momentary spikes and give a loss when the market is actually moving in one's favour.
jibiko has not been answered. No trading software places bets as quickly as The Toy does and this is the basis of its success. To me the "bells and whistles" are totally unimportant. I spoke out against charting and a training mode. The first is a nonsense as nobody needs to know where the market has been. This is almost the only thing with which I find myself in total agreement with the owner of a well known competitor. The training mode cannot ever be satisfactory as one's own bets never enter a market and never join a queue. This is acknowledged by other software manufacturers and I believe that the Geek has only put one here to satisfy requests for one rather than his own belief in its merits.
I have never seen a post here, or anywhere else, in which anybody has said that he wins more money because of charts. Many asked for them and the Geek gave them charting. I never have and never will use them.
I repeat that no software is as fast as The Toy. And, as jibiko has said, it is unrivalled in terms of its customisation properties. It is possible to have many markets open at the same time without the need to click a mouse and change screens. I can easily monitor three or more football matches and write a document using Word at the same time. I can't do that with any other software.
As for being banned, don't worry about it. There is no physical pain.
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Originally posted by Mets View PostIn my experience, once software is being developed for monetary gain, unrealistic deadlines are thrust upon already-under-pressure developers resulting in sloppy coding and sub-standard testing.
I for one would rather it remained under TG's control and we moved to a subscription model.Edges are ten-a-penny, execution is everything
Read My FULL-TIME Racing Traders Blog Here!!
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Originally posted by jibiko View Postexpect db's wrath.
graph lovers gonna hateThe odds of succes dramaticly improve with each attempt
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Originally posted by custard View Posthttp://www.tradingresource.com/conte...u-to-Know.html
A good read and one which blows the charts/graphs believers away
He may have some good qualifications but he is a 'Jack of all trades, master of none',
he is not a professional investor and just to quote him:
'Why is trading near the level of chance the death of a system?
To trade successfully, a trader must win enough to generate earnings that exceed the costs of commissions,
slippage and losing trades, and this requires a wining average greatly exceeding 50%.
For every losing trade, you must win another just to break even:
that means two trades for no gain, and all the cost of trading.
If the third trade happens to be a win, that means that 3 commissions,
slippage 3 times and one loss must be subtracted from the win.
Because of these downstream impacts of a loss,
as a general rule of thumb at least 7 out of 10 trades must be winners to trade profitably.
Not gonna happen. '
This quote proves that he isn't a trader simply because the example he gives is using a risk/reward ratio of 1:1,
which proves to me that he doesn''t know what he is talking about,
anyhow, we are digressing, if you want to open up a thread to debate this then I will gladly attend!
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