Hey all,

I'm a new user of gretl and fairly new to econometrics in general so please try not to be too technical.  I am using gretl to do some GARCH(1,1) modeling for a data verification project with my Master's Thesis.  I have a set of Euro-Dollar exchange data that I am trying out the GARCH modeling on to get to know the software.  My problem is that when I attempt to do this, I get an error that reads "Convergence criteria not met" and I have no idea what this means.  Could anyone please explain what this is telling me and how I might go about fixing it?  Thanks in advance.

Mike 'Chips' Estrada
Mechanical Engineer
Socorro, NM