[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

RE: Best Trade Execution (Personal Experience)



PureBytes Links

Trading Reference Links

<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META content="text/html; charset=windows-1252" http-equiv=Content-Type>
<META content="MSHTML 5.00.2722.2800" name=GENERATOR></HEAD>
<BODY>
<DIV><FONT color=#000080><SPAN 
class=870350315-02042000>Ullrich,</SPAN></FONT></DIV>
<DIV><FONT color=#000080><SPAN 
class=870350315-02042000></SPAN></FONT>&nbsp;</DIV>
<DIV><FONT color=#000080><SPAN class=870350315-02042000>you absolutely right - 
thinking from the perspective of a day trader. That's why I love CyberCorp as a 
day trading broker.</SPAN></FONT></DIV>
<DIV><FONT color=#000080><SPAN 
class=870350315-02042000></SPAN></FONT>&nbsp;</DIV>
<DIV><FONT color=#000080><SPAN class=870350315-02042000>For my longer term 
trades, however, I will have my stop losses so far away from the current market 
that MM manipulation usually is not an issue. And if the trade is going my way, 
I want to have the market take me out of the trade automatically at 
my</SPAN></FONT><FONT face=Tahoma size=2><FONT face="Times New Roman"><SPAN 
class=870350315-02042000><FONT color=#000080 face="Comic Sans MS" size=3><FONT 
face="Times New Roman"> trailing stop without my having to worry about a failing 
computer or internet connection.</FONT></FONT></SPAN></FONT></FONT></DIV>
<DIV><FONT face=Tahoma size=2><FONT face="Times New Roman"><SPAN 
class=870350315-02042000></SPAN></FONT></FONT>&nbsp;</DIV>
<DIV><FONT face=Tahoma><FONT color=#000080 face="Times New Roman"><SPAN 
class=870350315-02042000>That's why I think longer term traders should know 
beforehand about the way CyberCorp handles stops, and not find out after all the 
hassle of opening an account. CyberCorp doesn't make this point sufficiently 
clear in their promotion. I thought it might be helpful for some listers to have 
that information. I'm not trying to knock CyberCorp.</SPAN></FONT></FONT></DIV>
<DIV><FONT face=Tahoma><FONT color=#000080 face="Times New Roman"><SPAN 
class=870350315-02042000></SPAN></FONT></FONT>&nbsp;</DIV>
<DIV><FONT face=Tahoma><FONT color=#000080 face="Times New Roman"><SPAN 
class=870350315-02042000>Regards,</SPAN></FONT></FONT></DIV>
<DIV><FONT face=Tahoma><FONT color=#000080 face="Times New Roman"><SPAN 
class=870350315-02042000></SPAN></FONT></FONT>&nbsp;</DIV>
<DIV><FONT face=Tahoma><FONT color=#000080 face="Times New Roman"><SPAN 
class=870350315-02042000>Michael</SPAN></FONT></FONT></DIV>
<DIV><FONT face=Tahoma size=2><FONT face="Times New Roman"><SPAN 
class=870350315-02042000></SPAN></FONT></FONT>&nbsp;</DIV>
<DIV><FONT face=Tahoma size=2><FONT face="Times New Roman"><SPAN 
class=870350315-02042000></SPAN></FONT></FONT>&nbsp;</DIV>
<DIV><FONT face=Tahoma size=2><FONT face="Times New Roman"><SPAN 
class=870350315-02042000></SPAN></FONT></FONT>&nbsp;</DIV>
<DIV><FONT face=Tahoma size=2><FONT face="Times New Roman"><SPAN 
class=870350315-02042000>&nbsp;</SPAN>-----Original 
Message-----<BR></FONT><B><FONT face="Times New Roman">From</FONT>:</B> 
owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]<B>On Behalf 
Of </B>Ullrich Fischer<BR><B>Sent:</B> Friday, March 31, 2000 11:06 
PM<BR><B>To:</B> metastock@xxxxxxxxxxxxx<BR><B>Subject:</B> RE: Best Trade 
Execution (Personal Experience)<BR><BR></DIV>
<BLOCKQUOTE style="MARGIN-RIGHT: 0px"></FONT>Market orders given to the market 
  are visible and are subject to being deliberately hit by MMs.&nbsp; Having 
  your stop orders subject to Market Maker manipulation is, IMHO more dangerous 
  than having it on your machine. -uf<BR><BR>At 08:42 PM 3/31/00 +0200, you 
  wrote:<BR>
  <BLOCKQUOTE cite type="cite"><FONT 
    color=#000080>Dan,</FONT><BR>&nbsp;<BR><FONT color=#000080>market orders 
    placed outside of trading hours rest on your own computer, too, until the 
    market opens.</FONT><BR>&nbsp;<BR><FONT 
    color=#000080>Regards,</FONT><BR>&nbsp;<BR><FONT 
    color=#000080>Michael</FONT> 
    <DL><FONT face=tahoma size=2>
      <DD>-----Original Message----- 
      <DD>From:</B> owner-metastock@xxxxxxxxxxxxx [<A 
      href="mailto:owner-metastock@xxxxxxxxxxxxx%5DOn"; 
      eudora="autourl">mailto:owner-metastock@xxxxxxxxxxxxx]</A><A 
      href="mailto:owner-metastock@xxxxxxxxxxxxx%5DOn"; eudora="autourl">On</A> 
      Behalf Of </B>Dan 
      <DD>Sent:</B> Thursday, March 30, 2000 02:00 
      <DD>To:</B> metastock@xxxxxxxxxxxxx 
      <DD>Subject:</B> Re: Best Trade Execution (Personal 
      Experience)<BR><BR></FONT>
      <DD>Michael,<FONT size=2> 
      <DD>Thanks for your post.&nbsp; Can you put in a market order before the 
      market opens (the nite before for example)?</FONT><FONT size=2> 
      <DD>Thanks,</FONT><FONT size=2> 
      <DD>Dan</FONT>
      <BLOCKQUOTE cite type="cite">
        <DD>----- Original Message ----- 
        <DD>From:</B> <A href="mailto:MikeSuesserott@xxxxxxxxxxx";>Michael 
        Suesserott</A> 
        <DD>To:</B> <A 
        href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A> 
        <DD>Sent:</B> Wednesday, March 29, 2000 1:33 PM 
        <DD>Subject:</B> RE: Best Trade Execution (Personal 
        Experience)<BR><BR><FONT color=#000080>
        <DD>Hello!</FONT> 
        <DD>&nbsp;<FONT color=#000080> 
        <DD>I posted the following to the Omega list recently:</FONT> 
        <DD>&nbsp;<FONT color=#000080> 
        <DD>....................</FONT><FONT color=#000080> 
        <DD>As regards Cybercorp, I, too, have an account there, and, basically, 
        I love this broker! Great software, especially in conjunction with 
        Quote.com, unbelievably fast response times, and friendly, helpful 
        service.</FONT><FONT color=#000080><BR><BR>
        <DD>One caveat, though: all stops are held on your own PC, and, if 
        triggered there, are sent from your PC as market orders. Although the 
        software will do that automatically, it is still the trader's 
        responsibility to make sure that the PC is up and running continuously 
        (without crashes!), and that the Internet connection is OK, for as many 
        days and nights as the trade is on.<BR><BR>
        <DD>Cybercorp just doesn't offer market-held stops. They see themselves 
        as a leading-edge day-trading outfit.<BR><BR>
        <DD>So if you do any longer term stock trading, and that means longer 
        than one market day, IMO this broker is not feasible, because all the 
        responsibility to actually place those market orders (you cannot 
        technically call them stops) is on your own shoulders.<BR><BR>
        <DD>Hope this helps.<BR><BR>
        <DD>Michael</FONT></DD></BLOCKQUOTE></DD></DL></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Mon Apr 03 09:23:53 2000
Return-Path: <majordom@xxxxxxxxxxxxxxxxxx>
Received: from listserv.equis.com (listserv.equis.com [204.246.137.2])
	by purebytes.com (8.9.3/8.9.3) with ESMTP id JAA15537
	for <neal@xxxxxxxxxxxxx>; Sun, 2 Apr 2000 09:19:28 -0700
Received: (from majordom@xxxxxxxxx)
	by listserv.equis.com (8.8.7/8.8.7) id JAA14427
	for metastock-outgoing; Sun, 2 Apr 2000 09:49:24 -0600
X-Authentication-Warning: listserv.equis.com: majordom set sender to owner-metastock@xxxxxxxxxxxxx using -f
Received: from freeze.metastock.com (freeze.metastock.com [204.246.137.5])
	by listserv.equis.com (8.8.7/8.8.7) with ESMTP id JAA14424
	for <metastock@xxxxxxxxxxxxxxxxxx>; Sun, 2 Apr 2000 09:49:21 -0600
Received: from maildb1.pdq.net (maildb1.pdq.net [204.145.251.84])
	by freeze.metastock.com (8.8.5/8.8.5) with SMTP id KAA24054
	for <metastock@xxxxxxxxxxxxx>; Sun, 2 Apr 2000 10:00:13 -0600 (MDT)
X-AirNote: 1
Received: from 56K-369.MaxTNT2.pdq.net [209.144.230.115-3] by pocahontas.pdq.net ID 46_-1;
	Sun, 02 Apr 2000 10:43:56 -0600
Message-ID: <002601bf9cba$27c909c0$1464fea9@xxxxxx>
From: "Lionel Issen" <lissen@xxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
References: <000e01bf9c2b$049d2ec0$26480d3f@xxx> <004e01bf9c4f$b1b45c40$6ad9b3d1@xxxxx> <000c01bf9c9c$28c084c0$546ffdcf@xxxxxx>
Subject: Re: Stock Quote Vendors
Date: Sun, 2 Apr 2000 10:43:08 -0500
MIME-Version: 1.0
Content-Type: multipart/alternative;
	boundary="----=_NextPart_000_001F_01BF9C90.3BDFA740"
X-Priority: 3
X-MSMail-Priority: Normal
X-Mailer: Microsoft Outlook Express 5.00.2615.200
X-MimeOLE: Produced By Microsoft MimeOLE V5.00.2615.200
Sender: owner-metastock@xxxxxxxxxxxxx
Precedence: bulk
Reply-To: metastock@xxxxxxxxxxxxx
Status:   

<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META content="text/html; charset=windows-1252" http-equiv=Content-Type>
<META content="MSHTML 5.00.2614.3500" name=GENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=#ffffff>
<DIV><FONT face=Arial size=2>I am having problems with QP V2.2</FONT></DIV>
<DIV><FONT face=Arial size=2>1. when I boot up I get an error message that it 
cant find daemon.exe</FONT></DIV>
<DIV><FONT face=Arial size=2>2. my computer has become more unstable and 
requires several reboots during the day.</FONT></DIV>
<DIV><FONT face=Arial size=2>3.&nbsp; the link to&nbsp; real player (in QP2.2) 
causes my computer to hang up.</FONT></DIV>
<DIV><FONT face=Arial size=2>.</FONT></DIV>
<DIV>Lionel Issen<BR><A 
href="mailto:lissen@xxxxxxxxx";>lissen@xxxxxxxxx</A></DIV>
<BLOCKQUOTE 
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
  <DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B> 
  <A href="mailto:mdussault@xxxxxxxxxxxx"; title=mdussault@xxxxxxxxxxxx>Michel 
  Dussault</A> </DIV>
  <DIV style="FONT: 10pt arial"><B>To:</B> <A 
  href="mailto:metastock@xxxxxxxxxxxxx"; 
  title=metastock@xxxxxxxxxxxxx>metastock@xxxxxxxxxxxxx</A> </DIV>
  <DIV style="FONT: 10pt arial"><B>Sent:</B> Sunday, April 02, 2000 7:08 
AM</DIV>
  <DIV style="FONT: 10pt arial"><B>Subject:</B> Re: Stock Quote Vendors</DIV>
  <DIV><BR></DIV>
  <DIV><FONT size=2>Ron,&nbsp;</FONT></DIV>
  <DIV><FONT size=2>&nbsp;&nbsp;&nbsp;</FONT></DIV>
  <DIV><FONT size=2>I agree and would also add that the new&nbsp;program V2.2 is 
  very good.</FONT></DIV>
  <DIV><FONT size=2>T</FONT><FONT size=2>hey or IRL (?) still have a minor bug 
  to fix when using the IRL database to export to Metastock. (They are aware of 
  that and said it would be fix asap)</FONT></DIV>
  <DIV><FONT size=2></FONT>&nbsp;</DIV>
  <DIV><FONT size=2>Reuters is also working fine&nbsp;now and they also offer 
  Canadian quotes (not QP2).&nbsp; It's been months since errors where reported 
  and we had big volume days since that &lt;g&gt; </FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV><FONT size=2>&nbsp;&nbsp;&nbsp; MD</FONT></DIV>
  <BLOCKQUOTE 
  style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
    <DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
    <DIV 
    style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B> 
    <A href="mailto:jamespalmer@xxxxxxxxxxxxx"; 
    title=jamespalmer@xxxxxxxxxxxxx>James Palmer</A> </DIV>
    <DIV style="FONT: 10pt arial"><B>To:</B> <A 
    href="mailto:metastock@xxxxxxxxxxxxx"; 
    title=metastock@xxxxxxxxxxxxx>metastock@xxxxxxxxxxxxx</A> </DIV>
    <DIV style="FONT: 10pt arial"><B>Sent:</B> Saturday, April 01, 2000 11:01 
    PM</DIV>
    <DIV style="FONT: 10pt arial"><B>Subject:</B> Re: Stock Quote Vendors</DIV>
    <DIV><BR></DIV>
    <DIV><FONT size=2>Ron,</FONT></DIV>
    <DIV>&nbsp;</DIV>
    <DIV><FONT size=2>I would recomend Quotes +.&nbsp; For price and customer 
    service they are outstanding.&nbsp; They have a fairly clean database and 
    are quite quick to correct any errors that are reported.&nbsp; The big 
    advantage is the ability to write scans and then export the results 
    automatically to a directory in Metastock format for viewing or further 
    scans using metastock.</FONT></DIV>
    <DIV>&nbsp;</DIV>
    <DIV><FONT size=2>James</FONT></DIV>
    <BLOCKQUOTE 
    style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
      <DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
      <DIV 
      style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B> 
      <A href="mailto:rwarsh@xxxxxxxxxxxx"; title=rwarsh@xxxxxxxxxxxx>Ron 
      Warshawsky</A> </DIV>
      <DIV style="FONT: 10pt arial"><B>To:</B> <A 
      href="mailto:metastock@xxxxxxxxxxxxx"; 
      title=metastock@xxxxxxxxxxxxx>metastock@xxxxxxxxxxxxx</A> </DIV>
      <DIV style="FONT: 10pt arial"><B>Sent:</B> Saturday, April 01, 2000 2:38 
      PM</DIV>
      <DIV style="FONT: 10pt arial"><B>Subject:</B> Stock Quote Vendors</DIV>
      <DIV><BR></DIV>
      <DIV>&nbsp;</DIV>
      <DIV><FONT size=2>Dear list members,</FONT></DIV>
      <DIV>&nbsp;</DIV>
      <DIV><FONT size=2>&nbsp; Can you please, share you knowledge regarding 
      reliable and error free stock quote vendors. </FONT></DIV>
      <DIV><FONT size=2></FONT>&nbsp;</DIV>
      <DIV><FONT size=2>Currently I use Telescan, but after today's download I 
      found, that all quotes as of 03/31/2000 are duplicates of 03/30/2000. 
      Since TA is our primary tool, we don't have a luxury of working with the 
      wrong data (and with the vendor who supplies it).</FONT></DIV>
      <DIV>&nbsp;</DIV>
      <DIV><FONT size=2>Regards and Thanking all you in advance</FONT></DIV>
      <DIV>&nbsp;</DIV>
      <DIV><FONT size=2>P.S. I don't trade commodities or options, but please, 
      if possible comment on vendors who can provide these quotes 
      also.</FONT></DIV></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Mon Apr 03 09:24:14 2000
Return-Path: <majordom@xxxxxxxxxxxxxxxxxx>
Received: from listserv.equis.com (listserv.equis.com [204.246.137.2])
	by purebytes.com (8.9.3/8.9.3) with ESMTP id LAA20459
	for <neal@xxxxxxxxxxxxx>; Sun, 2 Apr 2000 11:08:47 -0700
Received: (from majordom@xxxxxxxxx)
	by listserv.equis.com (8.8.7/8.8.7) id LAA15126
	for metastock-outgoing; Sun, 2 Apr 2000 11:43:04 -0600
X-Authentication-Warning: listserv.equis.com: majordom set sender to owner-metastock@xxxxxxxxxxxxx using -f
Received: from freeze.metastock.com (freeze.metastock.com [204.246.137.5])
	by listserv.equis.com (8.8.7/8.8.7) with ESMTP id LAA15123
	for <metastock@xxxxxxxxxxxxxxxxxx>; Sun, 2 Apr 2000 11:43:01 -0600
Received: from smtp10.atl.mindspring.net (smtp10.atl.mindspring.net [207.69.200.246])
	by freeze.metastock.com (8.8.5/8.8.5) with ESMTP id LAA24102
	for <metastock@xxxxxxxxxxxxx>; Sun, 2 Apr 2000 11:53:51 -0600 (MDT)
Received: from gb2vn (user-33qt5en.dialup.mindspring.com [199.174.149.215])
	by smtp10.atl.mindspring.net (8.9.3/8.8.5) with SMTP id NAA16046
	for <metastock@xxxxxxxxxxxxx>; Sun, 2 Apr 2000 13:37:56 -0400 (EDT)
Message-ID: <002d01bf9cc9$563a8ae0$d795aec7@xxxxx>
From: "Mindspring" <blee7@xxxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Subject: Re: stuff
Date: Sun, 2 Apr 2000 12:31:52 -0500
MIME-Version: 1.0
Content-Type: text/plain;
	charset="iso-8859-1"
Content-Transfer-Encoding: 7bit
X-Priority: 3
X-MSMail-Priority: Normal
X-Mailer: Microsoft Outlook Express 4.72.3155.0
X-MimeOLE: Produced By Microsoft MimeOLE V4.72.3155.0
Sender: owner-metastock@xxxxxxxxxxxxx
Precedence: bulk
Reply-To: metastock@xxxxxxxxxxxxx
Status:   

Hi Walter,

When you stated that "it's free," were you referring to the kernel software?
If so, where might I find it?  Thanks, Brian

-----Original Message-----
From: Walter Lake <wlake@xxxxxxxxx>
To: Metastock bulletin board <metastock@xxxxxxxxxxxxx>
Date: Sunday, April 02, 2000 8:52 AM
Subject: stuff


>Thanks for the emails.
>
>The basic difference between stats and econometrics is that the practical
>day to day use of econometrics is handling violations of statistical
>assumptions. Once you know the assumptions and how they are usually
violated
>in your data then it all becomes much clearer.
>
>Also ... there's a new book out on kernel regression ... Expert Trading
>Systems .. see the back page of TASC for this month. The web site has the
>table of contents and a chapter posted. If you're looking for software, I
>think that "Rosetta" uses kernel regression. It's free.
>
>Right now I'm wearing my accountants hat <G> and struggling with assembling
>daily COT data etc.
>
>Best regards
>
>Walter
>
>
>