Good Morning Metastock Users:
Hope somebody can help me, in using Metastock to its full potential. I would like to trade EOD. Looking for actively trading Short term.
When I back test with the Enhanced System Test, I use Trade execution:
Buy Price Open
Sell Price Close
Sell Short Open
Buy to cover Close
Delay oder opening 1
My results are not active and sometimes and most time the profits are low or negative.
But when I read Equis website customer response how they make using Metastock now $30,000 a month and before $4,000.00
Example Of A Client feedback:
"I am a chiropractor by trade but also like to trade the stock market. I have been using Metastock for 2 years. i use Metastock's scanning tools to find a certain percent over a 30-day moving avergae. It will come up with a list of 5 to 15 stocks to trade. I then use crossover MACd to get my buy sell signals. I will trade 1000 shares ata time. My profitability went up dramatically with the scanning tool found in Metastock. I have gone from making $3,000 to $4,000 a month to making over $30,000 last month. I also like using Metastock because Metastock's customer service is the best I have seen anywhere.
R. Warner, Tampa, FL (August 2004)
"Systematic trading has dramatically improved my returns and drawdowns. I'm easily beating the indexes and not taking an inordinate amount of risk. Prior to MetaStock I tried one trading concept after another, and was essentially break-even – not without many gut wrenching moments though. Trading is now objective and simple for me. I just follow the signals. And through extensive back-testing, I have confidence that my system will be highly profitable in the future."
Kevin Campbell
When I read this results from Metastock users I get very frustrated and confused. Why it's not working for me this way. Or maybe I'm doing something wrong.
Can any Metastock User help me, and start trading like other users.
I currently use Metastock 9.0 and have the following Add-ons or Plug-Ins.
Trade Oracle
Performance System Plus
PowerPivots
Bollinger Band System John Bollinger
Chart Pattern Recognition John Murphy
And here in the forum I constantly read users talking down the Add-ons/Plug-Ins and sometimes Metastock. I love Metastock but I hope to get and be able to use Metastock to its top potential and get substantial profit returns.
Once again I;m looking right now to trade EOD Actively and Short Term trading.
Hope there is a user to help me and get me to use Metastock to its potential.
Thank you, looking for a response.
Nasdaqtrader