Comments on: Thinking of buying Trading Blox? http://www.automated-trading-system.com/trading-blox-teaser-review/ Systematic Trading research and development, with a flavour of Trend Following Tue, 07 Feb 2012 09:06:21 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Jez Liberty http://www.automated-trading-system.com/trading-blox-teaser-review/comment-page-1/#comment-2454 Jez Liberty Tue, 07 Feb 2012 09:06:21 +0000 http://www.automated-trading-system.com/?p=1422#comment-2454 Thanks for the comment innertrader. This is interesting and I see your point of view on the TB pricing. I do not have any additional comment on Mechanicha vs Trading Blox - I have limited knowledge of Mechanica. Jez Thanks for the comment innertrader. This is interesting and I see your point of view on the TB pricing.
I do not have any additional comment on Mechanicha vs Trading Blox – I have limited knowledge of Mechanica.
Jez

]]> By: innertrader http://www.automated-trading-system.com/trading-blox-teaser-review/comment-page-1/#comment-2447 innertrader Mon, 06 Feb 2012 23:41:17 +0000 http://www.automated-trading-system.com/?p=1422#comment-2447 Hey Jez, As a non-programer with very limited experience, I found Mechanica to be much more intuitive; which is exceedingly helpful with the learning curve. Also, I am considering the managed money business and I think that aspect of Mechanica speaks for itself. There is also the concern of future business. The Mechanica price INCLUDES Upgrades and Support. Currently, Blox’s annual fee is 18% per year ($720.00) and who knows, they could double the fee in a heart beat. Like I said before, I may use Blox, once I get some questions answered, but only due to the time I previously spent on it. However, at this point, my trust in the company is completely gone..... unfortunately, maybe that's the way it should be. If you have any additional comment concerning the comparison of the two programs, I would appreciate it. Hey Jez,
As a non-programer with very limited experience, I found Mechanica to be much more intuitive; which is exceedingly helpful with the learning curve. Also, I am considering the managed money business and I think that aspect of Mechanica speaks for itself.
There is also the concern of future business. The Mechanica price INCLUDES Upgrades and Support. Currently, Blox’s annual fee is 18% per year ($720.00) and who knows, they could double the fee in a heart beat.
Like I said before, I may use Blox, once I get some questions answered, but only due to the time I previously spent on it. However, at this point, my trust in the company is completely gone….. unfortunately, maybe that’s the way it should be.
If you have any additional comment concerning the comparison of the two programs, I would appreciate it.

]]> By: Jez Liberty http://www.automated-trading-system.com/trading-blox-teaser-review/comment-page-1/#comment-2442 Jez Liberty Mon, 06 Feb 2012 05:16:45 +0000 http://www.automated-trading-system.com/?p=1422#comment-2442 Hi innertrader, I heard the same feedback (superiority of Mechanica over TB for a fund manager) from a CTA, but I thought that the rest of the software was more or less equivalent (TB being better if I trust owners of both systems that use TB as primary and Mechanica as backup - although this was mentioned several times in TB forums) Would you care to elaborate over the other aspects that you found Mechanica to be far superior to TB? - I'd be very interested in that. Thanks, Jez PS: agree with you on the price change. In itself it was not out-of-the ordinary, but the way they handled it was not good. Hi innertrader,
I heard the same feedback (superiority of Mechanica over TB for a fund manager) from a CTA, but I thought that the rest of the software was more or less equivalent (TB being better if I trust owners of both systems that use TB as primary and Mechanica as backup – although this was mentioned several times in TB forums)
Would you care to elaborate over the other aspects that you found Mechanica to be far superior to TB? – I’d be very interested in that.
Thanks,
Jez
PS: agree with you on the price change. In itself it was not out-of-the ordinary, but the way they handled it was not good.

]]> By: innertrader http://www.automated-trading-system.com/trading-blox-teaser-review/comment-page-1/#comment-2441 innertrader Mon, 06 Feb 2012 04:14:09 +0000 http://www.automated-trading-system.com/?p=1422#comment-2441 Jez, from my research, I think Mechanica is far superior to Trading Blox. Especially if you are considering managing funds one day. Thanks for the referral. However, I already have several months into the Turtle portion of Blox and may revert back to it only due to the learning curve. But, trying to work through Blox's retroactive price increase has been exceedingly difficult and it has left me with a very negative impression of their approach to business. I absolutely NO longer trust Blox, period! I have a tough decision to make. Jez, from my research, I think Mechanica is far superior to Trading Blox. Especially if you are considering managing funds one day. Thanks for the referral.
However, I already have several months into the Turtle portion of Blox and may revert back to it only due to the learning curve.
But, trying to work through Blox’s retroactive price increase has been exceedingly difficult and it has left me with a very negative impression of their approach to business. I absolutely NO longer trust Blox, period! I have a tough decision to make.

]]> By: innertrader http://www.automated-trading-system.com/trading-blox-teaser-review/comment-page-1/#comment-2410 innertrader Wed, 01 Feb 2012 01:33:36 +0000 http://www.automated-trading-system.com/?p=1422#comment-2410 Jez, thanks for the info concerning Mechanica. Very interesting software! Jez, thanks for the info concerning Mechanica. Very interesting software!

]]> By: Jez Liberty http://www.automated-trading-system.com/trading-blox-teaser-review/comment-page-1/#comment-2407 Jez Liberty Tue, 31 Jan 2012 09:24:05 +0000 http://www.automated-trading-system.com/?p=1422#comment-2407 I am still happy with Trading Blox but if I had to re-evaluate, I would probably look at Mechanica or PowerST as well I am still happy with Trading Blox but if I had to re-evaluate, I would probably look at Mechanica or PowerST as well

]]> By: innertrader http://www.automated-trading-system.com/trading-blox-teaser-review/comment-page-1/#comment-2406 innertrader Mon, 30 Jan 2012 20:51:06 +0000 http://www.automated-trading-system.com/?p=1422#comment-2406 I had a problem with the price hike. They wanted to charge me more for the Turtle version, which I had already purchased, as I was going to purchase the other two parts of their software. They have sense corrected the problem, but I had already received a refund and moved on. Now I'm taking a second look at TB and wondering if I should continue and what other software should I consider? Thanks! I had a problem with the price hike. They wanted to charge me more for the Turtle version, which I had already purchased, as I was going to purchase the other two parts of their software. They have sense corrected the problem, but I had already received a refund and moved on. Now I’m taking a second look at TB and wondering if I should continue and what other software should I consider?
Thanks!

]]> By: Jez Liberty http://www.automated-trading-system.com/trading-blox-teaser-review/comment-page-1/#comment-2333 Jez Liberty Sun, 15 Jan 2012 10:56:07 +0000 http://www.automated-trading-system.com/?p=1422#comment-2333 Hi Erik, yes this is definitely something possible in TB. You can define/calculate your own ranking index and only trade the top N instruments. I have actually developed a system for a client, which was purely based on ranking (ie every month rotate into the top 5/10/20 instruments based on custom-defined ranking). Hi Erik, yes this is definitely something possible in TB.
You can define/calculate your own ranking index and only trade the top N instruments. I have actually developed a system for a client, which was purely based on ranking (ie every month rotate into the top 5/10/20 instruments based on custom-defined ranking).

]]> By: Erik http://www.automated-trading-system.com/trading-blox-teaser-review/comment-page-1/#comment-2327 Erik Sat, 14 Jan 2012 01:57:01 +0000 http://www.automated-trading-system.com/?p=1422#comment-2327 Hi Jez, Did you find out if it was possible to use TB to rank and trading only the best ranked instruments? Hi Jez,
Did you find out if it was possible to use TB to rank and trading only the best ranked instruments?

]]> By: Jez Liberty http://www.automated-trading-system.com/trading-blox-teaser-review/comment-page-1/#comment-2025 Jez Liberty Sun, 20 Nov 2011 08:55:11 +0000 http://www.automated-trading-system.com/?p=1422#comment-2025 This is most likely related with their recent VC deal - which might not be such a bad thing if it helps strengthen the company (which was mostly a "one-man band" before). The communication of price increases was not handled really well though (just announced as effective - no warning, etc.). But somehow, this was not a shocker - the $3000 price tag had been there for quite a long time - and as a full paying TB customer I do not mind this too much. Now let's see what comes out of this VD deal... (they re-assured the customers that the company would keep its vision. directions, etc.) This is most likely related with their recent VC deal – which might not be such a bad thing if it helps strengthen the company (which was mostly a “one-man band” before).
The communication of price increases was not handled really well though (just announced as effective – no warning, etc.).
But somehow, this was not a shocker – the $3000 price tag had been there for quite a long time – and as a full paying TB customer I do not mind this too much.

Now let’s see what comes out of this VD deal… (they re-assured the customers that the company would keep its vision. directions, etc.)

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