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PureBytes Links
Trading Reference Links
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Take a look at CyberX from www.cybercorp.com . They give you "direct"
access to most ECN's and instant confirmation of trades. You can follow
your whole portfolio real-time through their trading software, and place
fixed or trailing profit and loss stops. Even place conditional orders
based on multiple variables. You can also buy at the bid and sell at the
ask just like a market maker, saving the "order flow" cost that most
internet brokers charge but don't disclose. Although I don't use this
stepped-up version of their brokerage software, the Cybertrader interface
gives you real time charts, level 2, top 10, etc., in addition to just the
execution program.
They have a demo execution program if you want to test drive.
Dave D.
ddefina@xxxxxxxxxxxx
-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]On
Behalf Of Vitaly Larichev
Sent: Feb 02, 2001 2:16 PM
To: Metastock List
Subject: Anybody else having problem with Preferred's proprietory trading
software?
Hi,
It's about my nerve-racking experience with PreferredTrade brokerage's
software compared to which "anything else is too slow" as it claims on
its Web site; in fact it's much slower than trading through IE browser.
Like, to get the main trading window after logging in takes 80-90 sec, to
refresh data, get a response to a command - 15 sec minimum if at all. It
makes a mockery of the very idea of fast trading.
The support group at Preferred tried to do its best helping me, but
eventually gave up, saying that indeed they have 5 - 6 customers with a
similar problem.
I am puzzled, nothing fancy in my PC: 166 MMX Pentium, 64 Mb RAM,
20Gig HD, Win98 and cable Internet. I didn't have any problems for some
(!) time after installing their early version 3.0. Did I upgrade something
on my PC, or did they at their end that messed up everything, I don't have
any idea. Networking gurus, or anybody with PC common sense - any
thoughts? I am to decide if to move to other broker. Also, any
recommendations on similar bare-bone brokerages: just equities, good
executions, less than $15/trade (on-line) commissions? Not too popular
- I hate to live through growing pains of popular businesses.
Other than this, I like Preferred - good handling of the account, fast
executions, convenient software (if works) ... But thiiiiiissssss ....!!!!!
Thanks a lot.
Cheers, Vitaly
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