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PLAYTRADE

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    TradersLaboratory.com
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  1. Thanks for the advice and I will do just that. Paintbarfactory seems like a good program and perhaps I just love the color coding and how readible it is. But in fact TradeStation charts show the exact same information! Forex has a good trading CD set also, but I'm not doing Forex until I understand more. I will check out the trade indicators as you suggested on this forum. I really want to do this full time. Years ago I was a chart maker for a company Research Cottrell who makes cooling towers for nuclear power plant. I scheduled all of the engineering, drafteing and fabrication scheduling $10M a day. I am a scheduling engineer so I am up to the task. I think that if I am given a direction I can move with it, but the fact is, I am very confused as to which way to go. Thanks
  2. I am in the process of looking for a platform that will allow me to playtrade for a while. The Paintbarfactory is a plug in to Tradestation, which for what I read requires a huge portfolio to join, MultiCharts which looks pretty good, and MCFXPro which seem a little to advanced for me. When I look at MultiCharts I see that there are a lot of charts available. What Paintbarfactory has is a professional who has sorted through all this stuff and put only what is pertinent on the chart. The cost, and correct me if I am wrong is about $2K, now I am not sure but I think at indicators and add ons are additional. To create all of the charts on his site you would have to spend $3.5K. Hey is is way over the top for me and I may not be able to do this now because I need that money to invest. As a beginner can you suggest a decent set up for me to get started? This is very confusing for me. I am a computer anylist but all of this is so new and there are so many options, I really want to get in and test the waters. Thanks.
  3. There is video demo, there are two of them that were recently posted on the http://www.paintbarfactory.com site. This is very interesting to me. I would rather purchase this than loose money. I think that it may pay for itself in a short amount of time but I'm a little caught off balance by the price. The price is around $2K and if you want radar and I do the price jumps another $250. He makes it look really easy to use. If I run with just TradeStation I have to be the anylizer, truthfully I don't think I know enough, as a matter of fact I am sure I don't know enough yet.
  4. I have been looking at this product for 2 days. I am new to traiding and am getting involved once I learned that our stocks fell and we lost 10's of thousands of dollars in the last 6 months. I wonder is long term investing is wise any more. I will start with paper trading regular stocks in a trial account, then move in with real money. Forex would be after that once I learn on the regular stocks. This program seems to be the best one out there for me because it will help me buy and sell. The indicators are very clear and easy to understand. It takes the guesswork out and gives a safety net. The charts are beautiful the information is easy to assess. Candles are easy to read but can be misleading without the other indicators to give you an idea of what will happen next. It is visually simulating also. If I did not have indicators it may take me another 6 months to understand how to get up and running and in that time I could loose a lot of money trying to make money.
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