Comments on: Trading Solutions Review http://www.stocktradingsoftwarereviews.org/trading-solutions-review/ The worst and best in stock trading software Sun, 22 Jan 2012 05:50:24 +0000 hourly 1 http://wordpress.org/?v= By: Thomas http://www.stocktradingsoftwarereviews.org/trading-solutions-review/comment-page-1/#comment-1702 Thomas Wed, 10 Mar 2010 19:26:07 +0000 http://www.stocktradingsoftwarereviews.org/?p=150#comment-1702 I think Patrick and Robert must work for Neurosolutions. I have been in the business for a while. In fact for 30 years. I think TradingSolutions is a slow, unreliable piece of software. I have wasted hours training models only to have the software crash. Model performance lasts a very short period of time...weeks. The formula editor is the most cumbersome thing I have come across the last decade. In the formula editor if you enter a complicated long rule of 10 lines long - believe it or not - you actually have to enter the identical (in many cases) rule but in reverse for a short entry!!! It doesn't take a rocket scientist to work out what the design issue is here! It has a good looking user interface and that's about it. Regarding the sample performance on their website, I can create 1000+ moving average stock models in a spread-sheet the law of averages tells you that 10 of them should look like they performed well historically with a high % win rate. That is all the sample performance is on their web-site, you create 1000+ models and demonstrate the ones that performed well historically then put them on display as soon as their performance slips change the model but not the stock to give the impression of continuous performance. It's a classic example of using data snooping & back-tested performance to sell snake-oil. I suggest that you stay away from this software because there are better freeware neural net software on the market. I think Patrick and Robert must work for Neurosolutions.

I have been in the business for a while. In fact for 30 years. I think TradingSolutions is a slow, unreliable piece of software. I have wasted hours training models only to have the software crash.

Model performance lasts a very short period of time…weeks. The formula editor is the most cumbersome thing I have come across the last decade. In the formula editor if you enter a complicated long rule of 10 lines long – believe it or not – you actually have to enter the identical (in many cases) rule but in reverse for a short entry!!! It doesn’t take a rocket scientist to work out what the design issue is here!

It has a good looking user interface and that’s about it.

Regarding the sample performance on their website, I can create 1000+ moving average stock models in a spread-sheet the law of averages tells you that 10 of them should look like they performed well historically with a high % win rate. That is all the sample performance is on their web-site, you create 1000+ models and demonstrate the ones that performed well historically then put them on display as soon as their performance slips change the model but not the stock to give the impression of continuous performance. It’s a classic example of using data snooping & back-tested performance to sell snake-oil.

I suggest that you stay away from this software because there are better freeware neural net software on the market.

]]> By: Robert http://www.stocktradingsoftwarereviews.org/trading-solutions-review/comment-page-1/#comment-339 Robert Wed, 27 Jan 2010 21:32:39 +0000 http://www.stocktradingsoftwarereviews.org/?p=150#comment-339 I’m really intrigued about tradingsolutions. If you look at their website they have a section about sample performance history and it is very impressive. The percentage of winning trades is usually above 70%, and anybody who’s been around awhile will tell you that’s outstanding. Put those kinds of numbers in the hands of a trader who knows to cut his losses and let his winners run and he will make a whole lot of money. There’s also a 30-day money bank guarantee which you don’t always find with companies that are hawking stock software. I think I’ll give it a spin and then I’ll report back here. I’m really intrigued about tradingsolutions. If you look at their website they have a section about sample performance history and it is very impressive. The percentage of winning trades is usually above 70%, and anybody who’s been around awhile will tell you that’s outstanding. Put those kinds of numbers in the hands of a trader who knows to cut his losses and let his winners run and he will make a whole lot of money. There’s also a 30-day money bank guarantee which you don’t always find with companies that are hawking stock software. I think I’ll give it a spin and then I’ll report back here.

]]> By: Patrick http://www.stocktradingsoftwarereviews.org/trading-solutions-review/comment-page-1/#comment-338 Patrick Mon, 16 Feb 2009 18:13:17 +0000 http://www.stocktradingsoftwarereviews.org/?p=150#comment-338 Trading Solutions is like the go to software for traders who have been in the business for a while. It has a good reputation among those who have been in the field for a long time and are asked to recommend something. It was the software I had recommended to me and it is the program that I have stuck with since then. I am for the most part satisfied, though there are some things that I need to get from other programs, but no one program is going to have everything that you need unless you create it yourself. I feel like I get the best results possible with Trading Solutions, and that is all I need to keep me happy. Trading Solutions is like the go to software for traders who have been in the business for a while. It has a good reputation among those who have been in the field for a long time and are asked to recommend something.

It was the software I had recommended to me and it is the program that I have stuck with since then. I am for the most part satisfied, though there are some things that I need to get from other programs, but no one program is going to have everything that you need unless you create it yourself.

I feel like I get the best results possible with Trading Solutions, and that is all I need to keep me happy.

]]>