V.3:2 (87-89): Software Review by Herbert R. Sorock
Product Description
Software Review
by Herbert R. Sorock
CHART TRADER PLUS ™
Investor's Toolkit, Ltd.
7441 W Archer Avenue
Summit, IL 60501
(312) 496-0305
Price:
IBM version . . . . . . $299.95
Apple version . . . . . $249.95
Demo(either) . . . . . .$ 19.95
Summary:
Ease of Use: . . . . . . A
Performance: . . . . A-
Documentation: . . . .B
Error Handling: . . . . B
Vendor Support: . . . .(not tested)
Hardware Requirements: IBM PC, XT, AT, PCjr or IBM compatible (see below for details) Apple version - contact vendor
Anyone still charting stocks or commodities without the assistance of a computer must be considered a member of an endangered species. With the rapidly falling prices of computers and software, it doesn't take a very high imputed wage to convince most serious traders that a computer purchase will pay itself off in a matter of a few months (if not weeks). Once you've become accustomed to using a computer for your charts, going back to doing things by hand seems impossible.
Assuming that you've purchased a computer for which technical analysis and charting software is available (primarily the IBM PC or Apple II series), there is the question of which software package(s) to use. I have bought and used a number of these, and I have learned several lessons which have been costly both in money and time.
CHART TRADER PLUS ™
Investor's Toolkit, Ltd.
7441 W Archer Avenue
Summit, IL 60501
(312) 496-0305
Price:
IBM version . . . . . . $299.95
Apple version . . . . . $249.95
Demo(either) . . . . . .$ 19.95
Summary:
Ease of Use: . . . . . . A
Performance: . . . . A-
Documentation: . . . .B
Error Handling: . . . . B
Vendor Support: . . . .(not tested)
Hardware Requirements: IBM PC, XT, AT, PCjr or IBM compatible (see below for details) Apple version - contact vendor
Anyone still charting stocks or commodities without the assistance of a computer must be considered a member of an endangered species. With the rapidly falling prices of computers and software, it doesn't take a very high imputed wage to convince most serious traders that a computer purchase will pay itself off in a matter of a few months (if not weeks). Once you've become accustomed to using a computer for your charts, going back to doing things by hand seems impossible.
Assuming that you've purchased a computer for which technical analysis and charting software is available (primarily the IBM PC or Apple II series), there is the question of which software package(s) to use. I have bought and used a number of these, and I have learned several lessons which have been costly both in money and time.
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