My fifth trading book, “TradeStation Made Easy!” was released March 17th, 2011. Nearly everyday since then I have gotten a call or an email making comments about the book, or asking questions that are of such import that I believe every reader would like to hear my responses. To this end, I’m writing a “diary” of the calls and emails (some verbatim, some paraphrased). The questions are enlightening because I am finding holes I left in the manuscript, and because I’m finding that I could have been even more “simple” in my explanations. Hopefully, the answers sections will fill those holes and provide much-needed instruction.
Samuel K. Tennis is the founder of Vista-Research, with headquarters in Ft. Walton Beach, Florida. Mr. Tennis specializes in converting system developer or individual traders trading programs to automated trading platforms using “EasyLanguage” as well as other programming languages. As one of the leading programmers at Omega Research, where he played a vital role in the development of the popular EasyLanguage program, he is uniquely qualified to provide these programming services. Moreover, he is the author 240 page book entitled “Ask Mr. EasyLanguage” published by TradersPress. Mr. Tennis is not a system developer in order to avoid any conflict-of-interest issues.
The history of TradeStation and EasyLanguage is the story of the american dream. Brothers William and Rafael Cruz came to the United States together from Cuba. They trained to become award-winning classical violinists together. Classical music was not in their future though as it seems divine forces had another plan – the music of the markets. When Bill (William) was 16, a phone call changed his destiny. A futures broker tried to cold-call his father but Bill took the call. That is how Bill learned about futures trading. Since he was only 16, he would have to wait for two more years to trade, however the trading bug bit him. During these two years he read books about trading and tried to learn as much as he could before his 18th birthday when he could start trading. When he turned 18, both he and Ralph (Rafael) pooled $2400 into a futures account and traded pork bellies.
Learning TradeStation means learning EasyLanguage. In order to be an effective trader, you must be able to develop, backtest, and most importantly, follow strategies. TradeStation allows you to code your strategies using an intuitive language and interface. When I was helping to write this book, I was excited to both share the experience of this platform with you the reader and to delve deeper into learning the language myself. I was pleasantly surprised by how easy it was to write “Using EasyLanguage 9.x” because the language was laid out in a straightforward manner.