|
PureBytes Links
Trading Reference Links
|
Al...
What you say does make sense. I would include that "rigid" discipline as
a perquisite to successful trading of stocks as well as futures.
If I make the move to the futures, I would look to the more conservative
vehicles like the bonds rather than the S&P.
Thank you for your input.
Best... John
Al Taglavore wrote:
>
> 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.
|