|
PureBytes Links
Trading Reference Links
|
Successful futures traders can trade stocks successfully. Stock traders
must re-learn trading to be successful in futures. The reasons being the
futures trader understands that he is trading, not investing. Also, the
futures trader, if he is successful, has learned a discipline that is very
rigid. The stock trader has a slower time factor in trading. A "fast
market condition" in bonds or the S&P or most any futures contract is far
different than IBM or MSFT making a breakout.
I traded stocks successfully, then spent two years to learn bond and
currency trading and paid the necessary tuition. Trading stocks is much
easier and rewarding now because I trade them like I would the T-Bonds.
Just my opinion and my answer to your question.
Al Taglavore
----------
> From: John R. <Johnonetoo@xxxxxxxxxxxxxxxx>
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: Reuter Trend Datalink problems
> Date: Friday, April 30, 1999 11:35 PM
>
> Guy...
>
> If I didn't follow stocks I could see using Compuserve as I look at
> several hundred symbols for various opportunities. As the Spyder's come
> into their own they may become my main focus and at that point my needs
> may change to something much simpler. If that happens my data needs will
> change. I guess the ultimate would be the S&P futures you're so
> successful at, aaahhhh... someday. Do successful stock traders make
> successful futures traders, anybody have any stories?
>
> Appreciate the info, Best Regards... John
>
> Guy Tann wrote:
> >
> > I've been using CompuServe for commodity quotes and except for a couple
of
> > glitches recently, haven't had a problem in several years. Only
download a
> > few stocks and indices so I can't vouch for that part of their service.
As
> > I remember, it cost me $9.95 a month plus $.01 a quote.
> >
> > I also tried Prophet and couldn't get a reliable download via the
Internet.
> > Would make several attempts before I was able to get most of my data.
On
> > other days, I had no problems whatsoever. Finally gave up. Their S&P
> > Continuous contracts were wrong also, but they did correct them. I'm
not
> > sure if they went back and actually fixed their history.
> >
> > Most of the other futures data providers suffer from many problems,
just
> > look at Reuters.
> >
> > I might take a look at Pinnacle. Willing to try anyone if I can get
off
> > CompuServe and drop that account.
> >
> > Guy
> >
> > -----Original Message-----
> > From: owner-metastock@xxxxxxxxxxxxx
> > [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of John R.
> > Sent: Friday, April 30, 1999 9:45 AM
> > To: metastock@xxxxxxxxxxxxx
> > Subject: Re: Reuter Trend Datalink problems
> >
> > Thanks for the info!
> >
> > It's to bad we don't have a single quality data service that can
deliver
> > stock, fund, index and commodity quotes with one download.
> >
> > Best... John
> >
> > Justin Case wrote:
> > >
> > > > Justin/All...
> > > >
> > > > What is the procedure to quit Reuters? Must it only be done at the
end
> > > > of the month? I'm considering ProfitDirect, does anyone use that
> > > > service?
> > >
> > > A called 1-800-521-2471 this morning, and simply requested
cancellation.
> > The
> > > representative on the other end was pleasant and cordial and informed
me
> > > that as of midnight tonight, my service will be cancelled. The
procedure
> > > took about 45 seconds. I believe you may cancel at any time of the
month,
> > > but you still pay for the full month (I may be wrong about this; call
and
> > > ask).
> > >
> > > I signed up for ProphetDirect a couple of months ago and did a spot
check
> > of
> > > random commodities...not one of them had the correct volume figures,
and I
> > > cancelled the service the same day. Again, Pinnacle is known to have
the
> > > cleanest futures data, and I have heard the same about CQG, though
the
> > > latter is pricey.
|