Comments on: ASCTrend 3.5 Review – For Use With TradeStation 8.1 http://www.stocktradingsoftwarereviews.org/asctrend-35-review-for-use-with-tradestation-81/ The worst and best in stock trading software Sun, 22 Jan 2012 05:50:24 +0000 hourly 1 http://wordpress.org/?v= By: James http://www.stocktradingsoftwarereviews.org/asctrend-35-review-for-use-with-tradestation-81/comment-page-1/#comment-2031 James Tue, 23 Mar 2010 10:09:21 +0000 http://www.stocktradingsoftwarereviews.org/asctrend-35-review-for-use-with-tradestation-81/#comment-2031 After evaluating AbleSys, I then made a decision to purchase ASCTrend given it sits "out-of-site" within TradeStation. The indicators are good, offering some good trades and averagingaround the 70% accuracy mark. Support has been okay - but the webinars are very basic, and offer no insight into any "advanced" usage of the indicators - ie how to pair up with a strategy for partly/fully automated trading. The indicator is also let down by the fact that there is no decent manual - only a very basic quick set-up PDF. The indicator gives audible alerts regarding market moves (both up and down), and tells you where to put your stops - the process is entirely manualal, not automated. IBased on all of my dealings with the indicator to date, I downgrade it to 7.5/10 (from 8) because of the lack of advanced manual and how-to-guide for strategy pairing. After evaluating AbleSys, I then made a decision to purchase ASCTrend given it sits “out-of-site” within TradeStation. The indicators are good, offering some good trades and averagingaround the 70% accuracy mark. Support has been okay – but the webinars are very basic, and offer no insight into any “advanced” usage of the indicators – ie how to pair up with a strategy for partly/fully automated trading. The indicator is also let down by the fact that there is no decent manual – only a very basic quick set-up PDF. The indicator gives audible alerts regarding market moves (both up and down), and tells you where to put your stops – the process is entirely manualal, not automated. IBased on all of my dealings with the indicator to date, I downgrade it to 7.5/10 (from 8) because of the lack of advanced manual and how-to-guide for strategy pairing.

]]> By: Mike http://www.stocktradingsoftwarereviews.org/asctrend-35-review-for-use-with-tradestation-81/comment-page-1/#comment-213 Mike Wed, 23 Dec 2009 16:35:20 +0000 http://www.stocktradingsoftwarereviews.org/asctrend-35-review-for-use-with-tradestation-81/#comment-213 This is a tempting offer because the system places such an emphasis on stopping losses early. With dynamically calculated stops you’re trading with sort of a safety net that is so important, especially in volatile market conditions. It’s kind of like walking a tight-rope; if that net isn’t there to catch you it could be a long, hard fall that wipes out your portfolio. I like that it works with all markets and securities, too. I hate having to switch back and forth between programs when I feel like trading options one day instead of stocks or derivatives. By using one system it can simplify my trading immensely. This is a tempting offer because the system places such an emphasis on stopping losses early. With dynamically calculated stops you’re trading with sort of a safety net that is so important, especially in volatile market conditions. It’s kind of like walking a tight-rope; if that net isn’t there to catch you it could be a long, hard fall that wipes out your portfolio. I like that it works with all markets and securities, too. I hate having to switch back and forth between programs when I feel like trading options one day instead of stocks or derivatives. By using one system it can simplify my trading immensely.

]]> By: Rory http://www.stocktradingsoftwarereviews.org/asctrend-35-review-for-use-with-tradestation-81/comment-page-1/#comment-212 Rory Thu, 19 Feb 2009 05:06:09 +0000 http://www.stocktradingsoftwarereviews.org/asctrend-35-review-for-use-with-tradestation-81/#comment-212 ASC is a fairly descent trading software, I can get everything I need without having to trade between two programs or bring in other software to fill in what I need. It shows me exactly what is happening with the market without predicting or guessing based on the past trades I and other traders have made. I use this software for the day trading I do, but I know other brokers use it full time and they trust it. The best part is, even though it is a hard working program, it is super easy for anyone to use. I am a slow learner and I got it right away and keep on getting better. ASC is a fairly descent trading software, I can get everything I need without having to trade between two programs or bring in other software to fill in what I need. It shows me exactly what is happening with the market without predicting or guessing based on the past trades I and other traders have made.

I use this software for the day trading I do, but I know other brokers use it full time and they trust it. The best part is, even though it is a hard working program, it is super easy for anyone to use. I am a slow learner and I got it right away and keep on getting better.

]]> By: Steve Woods http://www.stocktradingsoftwarereviews.org/asctrend-35-review-for-use-with-tradestation-81/comment-page-1/#comment-211 Steve Woods Wed, 21 May 2008 09:26:57 +0000 http://www.stocktradingsoftwarereviews.org/asctrend-35-review-for-use-with-tradestation-81/#comment-211 I can't wait to run ACS against the software I have already to see the different set of indicators and results that come up. I don't understand what the differentiation in systems is though between the ASC and the eASC software mentioned in this review. Does one offer more than the other and what is the price differentiation? I am also confused about the mention of the need for curve fittings being eliminated. I always thought that they were the standard against which all incoming data needed to be measured even though it didn't give you an exact. So why eliminate them with this software prgram? I can’t wait to run ACS against the software I have already to see the different set of indicators and results that come up.

I don’t understand what the differentiation in systems is though between the ASC and the eASC software mentioned in this review. Does one offer more than the other and what is the price differentiation? I am also confused about the mention of the need for curve fittings being eliminated. I always thought that they were the standard against which all incoming data needed to be measured even though it didn’t give you an exact. So why eliminate them with this software prgram?

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