Comments on: Erlanger Quote Review http://www.stocktradingsoftwarereviews.org/erlanger-quote-review/ The worst and best in stock trading software Sun, 22 Jan 2012 05:50:24 +0000 hourly 1 http://wordpress.org/?v= By: Stan http://www.stocktradingsoftwarereviews.org/erlanger-quote-review/comment-page-1/#comment-335 Stan Tue, 26 Jan 2010 23:05:50 +0000 http://www.stocktradingsoftwarereviews.org/?p=112#comment-335 As I’ve said many times before in my conversations with other traders and investors, we are coming to a point where the integration of mathematics and statistical modeling into the everyday trader’s toolkit will make it such that almost all your decision are made for you. It’s a bit scary, quite frankly. It’s akin to today’s grammar school students who know how to use a calculator inside and out but if you asked them to work out long division with a pencil and paper they would be stumped. I understand that the purpose of stock software is to make things more efficient but at some point I think it gives people license to turn off their brains. As I’ve said many times before in my conversations with other traders and investors, we are coming to a point where the integration of mathematics and statistical modeling into the everyday trader’s toolkit will make it such that almost all your decision are made for you. It’s a bit scary, quite frankly. It’s akin to today’s grammar school students who know how to use a calculator inside and out but if you asked them to work out long division with a pencil and paper they would be stumped. I understand that the purpose of stock software is to make things more efficient but at some point I think it gives people license to turn off their brains.

]]> By: Nico http://www.stocktradingsoftwarereviews.org/erlanger-quote-review/comment-page-1/#comment-334 Nico Wed, 18 Feb 2009 21:31:59 +0000 http://www.stocktradingsoftwarereviews.org/?p=112#comment-334 There is a good plan behind Erlanger and I wish more programs were based on math because that’s all trading is-- a bunch of math. Too often every one relies on other things, but Erlanger looks at all those other factors but give a good dose of mathematical. I just read that this was created for those who have a hard time with Qcharts and I think that is funny because I have a harder time with Erlanger than I do with the Qcharts. I can use this anywhere and that is why I like it so much, but it is definitely not my favorite program of all. There is a good plan behind Erlanger and I wish more programs were based on math because that’s all trading is– a bunch of math. Too often every one relies on other things, but Erlanger looks at all those other factors but give a good dose of mathematical.

I just read that this was created for those who have a hard time with Qcharts and I think that is funny because I have a harder time with Erlanger than I do with the Qcharts.

I can use this anywhere and that is why I like it so much, but it is definitely not my favorite program of all.

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