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Beginners Forum Think you might want to try trading? Want to ask a question but worried about saying something silly on the main boards? This is the place where you can take the first few steps in safety.

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Old 08-09-05, 10:07 PM
ecs's Avatar ecs ecs is offline
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What does MetaStock do...

...that say, VisualTrader...or any "free" platforms, do not?

Hi folks!
I assume that MetaStock and MetaTrader are the same.
It seems like quite a few people are using this and I was wondering why I should pay $1000 for it? Isn't it "just" a trading platform like the others?

Thanks!
Ed
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Old 08-09-05, 10:26 PM
TommyT32's Avatar TommyT32 TommyT32 is offline
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Question Re: What does MetaStock do...

Quote:
Originally Posted by ecs
...that say, VisualTrader...or any "free" platforms, do not?

Hi folks!
I assume that MetaStock and MetaTrader are the same.
It seems like quite a few people are using this and I was wondering why I should pay $1000 for it? Isn't it "just" a trading platform like the others?

Thanks!
Ed
I would put your 1000.00 in a mini account before I would spend 1000.00 on a trading platform. Many Forex brokers provide good platforms for free.
TommyT
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Old 08-09-05, 10:34 PM
ecs's Avatar ecs ecs is offline
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Re: What does MetaStock do...

That is my point. Why would anyone spend $1000. for something they can get for "free"? What is so special about it?
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Old 08-09-05, 10:37 PM
TommyT32's Avatar TommyT32 TommyT32 is offline
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Wink Re: What does MetaStock do...

Quote:
Originally Posted by ecs
That is my point. Why would anyone spend $1000. for something they can get for "free"? What is so special about it?
I will have to take a look at it but with all the free trading platforms I can't see putting up a 1000.00 on a platform unless it trades for me and I don't have to think.
TommyT
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Old 08-09-05, 10:50 PM
TommyT32's Avatar TommyT32 TommyT32 is offline
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Question Re: What does MetaStock do...

Checked the site out looks like alot of hype.
TommyT
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Old 08-09-05, 11:38 PM
taotra's Avatar taotra taotra is offline
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Re: What does MetaStock do...

Quote:
Originally Posted by ecs
I assume that MetaStock and MetaTrader are the same.
Metastock and MetaTrader are completely different products. They are not related in any way.
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Old 08-09-05, 11:47 PM
TommyT32's Avatar TommyT32 TommyT32 is offline
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Red face Re: What does MetaStock do...

Quote:
Originally Posted by taotra
Metastock and MetaTrader are completely different products. They are not related in any way.
I figured that out after alittle more reading on it.
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Old 08-09-05, 11:53 PM
Wallace's Avatar Wallace Wallace is offline
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Re: What does MetaStock do...

The first charting/order entry program the MetaQuotes Software company wrote was MetaQuotes which was styled on MetaStock.

MetaTrader 4 is superior to MS from my point of view as user defaults can be set in many of the tools. Since I can't code I couldn't say which coding language may have advantages over the other.

MS is a standalone program so one's not limited to forex only as with MT — broker dependant.
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