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Re: ????? simulated real time trading --



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Dick....
Trade comp is 1.60 round turn.  not 3.20.



-----Original Message-----
From: Dick Webb <dickwebb711@xxxxxxxxx>
To: andrew@xxxxxxxxxxxxx <andrew@xxxxxxxxxxxxx>; RealTraders Discussion
Group <realtraders@xxxxxxxxxxxxxx>
Date: Thursday, March 18, 1999 7:00 AM
Subject: Re: ????? simulated real time trading --


>So far I have not found any free service, however the
>Trade comp ...$125 deposit, $3.20 per RT + $17 per month seems the
>most reasonable. Does anyone have a better priced service??
>
>Dick
>
>
>
>
>---Andrew <andrew@xxxxxxxxxxxxx> wrote:
>>
>> I highly recommend TradeComp.
>>
>> I could not be trading real money with out them.   I am only a happy
>customer,
>> not affiliated with them otherwise.
>>
>> Sorry this is so long winded, but in this business I have found few
>services that are
>> as good as advertised or as economical.  Tradecomp is one of the few
>organizations
>> that really do what they say at a very fair price.
>>
>> Chris, the owner, will set you up as working with a floor broker or
>a desk.
>> Just let him know which you would prefer. He is very flexible in that
>> regard. Or almost any special needs you have. I mix up my orders. If
>I am
>> short, I will often say Sell 3 at XX to exit the trade. Let me tell
>you, all
>> you have to do is make this mistake once with real money to see that
>> practicing order placement is absolutely necessary to successful
>trading.
>>
>> Also, they   are really cheap compared to the other firms out there.
>The price is amazing.
>> Around $1.60 a turn (unlimited contracts). I get a volume discount
>most months.
>> If you day trade you probably will also, that mean less then $1.60 a
>turn
>> And that is for a live broker!  Basically for less then one wrong
>trade, you
>> can trade with him for several months.  (One company I spoke with
>wanted
>> 15 dollars per contract to trade in simulation! ).
>>
>> Chris charges
>> you for a turn not by the contract, so you could do 3 contracts or
>10 for the same
>> price. This is critical when you start practicing money management.
>I enter
>> with three and take off two at target and then run with the last
>contract.
>> Chris has no problem taking my entry, stop and target all at once.
>And Just like
>> a real broker, he and his team learned my style and knew what to
>expect when I was
>> "trading at a desk".  To get ready for trading direct to the floor,
>Chris and his team
>> stopped the hand holding that a desk would do.  This is critical
>before you move to
>> the floor.
>>
>> I also like the fact that I get an e-mail activity/position report
>at the
>> end of the day and a monthly statement. Although I trade real money
>everyday,
>> I still have my account with Tradecomp because there are always
>trades that
>> I am not sure about or sometimes I feel I need a day to practice a
>particular entry
>> or other aspect of my trading.
>>
>>
>> This is the single most important step I took in my trading.
>>
>> Andrew S
>> Give Chris a call I think you will be very satisfied.
>> 800-233-7906
>> http://www.tradecomp.com
>>
>> -----Original Message-----
>> From: Dick Webb <dickwebb711@xxxxxxxxx>
>> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
>> Date: Wednesday, March 17, 1999 11:03 AM
>> Subject: Re: ????? simulated real time trading
>>
>>
>> >Peter,
>> >You ask why anyone would want to do this for free...
>> >Marketplayer.com has been making money off of doing it for free. The
>> >cost to the firm doing it is very low. They can advertise to the
>users
>> >...also when a person is accustomed to a certian interface in placing
>> >orders they want to stick with it and this makes it easy to pick up
>> >the people as customers. Futures traders are consumers of data,
>> >systems, and lots of other expensive stuff. The brokerage firms can
>> >make extra  dough very easy by putting bottom dollar.com banners on
>> >their pages and every time some cicks it a nickel or dime goes to the
>> >broker.
>> >Dick
>> >
>> >
>> >
>> >---Peter2150@xxxxxxx wrote:
>> >>
>> >> In a message dated 99-03-17 10:54:19 EST, dickwebb711@xxxxxxxxx
>> >writes:
>> >>
>> >> > Thanks for trying guys but all of the responses so far
>> >> >  were no go's.  What I am looking for is something like a
>> >> >  marketplayer.com for futures or an auditrack for free. The
>> >problem is
>> >> >  when you build a new system you loose profits or potential
>profits
>> >> >  during the time you adjust to the system. It is like taking a
>> >product
>> >> >  from R&D to manufacturing. First you make some demo's to see if
>> >they
>> >> >  work.
>> >>
>> >> Why would you expect anyone to do this free.   Its work to keep the
>> >records,
>> >> and make it of any value.
>> >>
>> >
>> >==
>> >Big Lucky Dick
>> >
>> >_________________________________________________________
>> >DO YOU YAHOO!?
>> >Get your free @yahoo.com address at http://mail.yahoo.com
>> >
>> >
>> >
>>
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><DIV>I highly recommend TradeComp.</DIV>
><DIV> </DIV>
><DIV>I could not be trading real money with out them. I am only a
>happy customer,<BR>not affiliated with them otherwise.</DIV>
><DIV> </DIV>
><DIV>Sorry this is so long winded, but in this business I have found
>few
>services that are<BR>as good as advertised or as economical.
>Tradecomp is
>one of the few organizations<BR>that really do what they say at a very
>fair
>price. </DIV>
><DIV> </DIV>
><DIV>Chris, the owner, will set you up as working with a floor broker
>or a
>desk.<BR>Just let him know which you would prefer. He is very flexible
>in
>that<BR>regard. Or almost any special needs you have. I mix up my
>orders. If I
>am<BR>short, I will often say Sell 3 at XX to exit the trade. Let me
>tell you,
>all<BR>you have to do is make this mistake once with real money to see
>that<BR>practicing order placement is absolutely necessary to
>successful
>trading.</DIV>
><DIV> </DIV>
><DIV>Also, they are really cheap compared to the other firms out
>there. The price is amazing. <BR>Around $1.60 a turn (unlimited
>contracts). I
>get a volume discount most months. <BR>If you day trade you probably
>will also,
>that mean less then $1.60 a turn <BR>And that is for a live broker!
>Basically for less then one wrong trade, you<BR>can trade with him for
>several
>months. (One company I spoke with wanted <BR>15 dollars per contract
>to
>trade in simulation! ). </DIV>
><DIV> </DIV>
><DIV>Chris charges <BR>you for a turn not by the contract, so you
>could do 3
>contracts or 10 for the same <BR>price. This is critical when you start
>practicing money management. I enter <BR>with three and take off two
>at target
>and then run with the last contract. <BR>Chris has no problem taking
>my entry,
>stop and target all at once. And Just like<BR>a real broker, he and
>his
>team learned my style and knew what to expect when I was<BR>"trading
>at a
>desk". To get ready for trading direct to the floor, Chris and his
>team<BR>stopped the hand holding that a desk would do. This is
>critical
>before you move to<BR>the floor.</DIV>
><DIV> </DIV>
><DIV>I also like the fact that I get an e-mail activity/position
>report at
>the<BR>end of the day and a monthly statement. Although I trade real
>money
>everyday, <BR>I still have my account with Tradecomp because there are
>always
>trades that<BR>I am not sure about or sometimes I feel I need a day to
>practice
>a particular entry <BR>or other aspect of my trading.</DIV>
><DIV> </DIV>
><DIV> </DIV>
><DIV>This is the single most important step I took in my trading. </DIV>
><DIV> </DIV>
><DIV>Andrew S<BR>Give Chris a call I think you will be very satisfied.
><BR>800-233-7906 <BR><A
>href="http://www.tradecomp.com";>http://www.tradecomp.com</A><A
>href="http://www.tradeco";> </A><BR></DIV>
><DIV><FONT face=Arial size=2>-----Original Message-----<BR>From: Dick
>Webb
><<A
>href="mailto:dickwebb711@xxxxxxxxx";>dickwebb711@xxxxxxxxx</A>><BR>To:
>RealTraders Discussion Group <<A
>href="mailto:realtraders@xxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxx</A>><BR
>Date:
>
>Wednesday, March 17, 1999 11:03 AM<BR>Subject: Re: ????? simulated
>real time
>trading<BR><BR></DIV></FONT>>Peter,<BR>>You ask why anyone would want
>to
>do this for free...<BR>>Marketplayer.com has been making money off of
>doing
>it for free. The<BR>>cost to the firm doing it is very low. They can
>advertise to the users<BR>>...also when a person is accustomed to a
>certian
>interface in placing<BR>>orders they want to stick with it and this
>makes it
>easy to pick up<BR>>the people as customers. Futures traders are
>consumers of
>data,<BR>>systems, and lots of other expensive stuff. The brokerage
>firms
>can<BR>>make extra dough very easy by putting bottom dollar.com
>banners
>on<BR>>their pages and every time some cicks it a nickel or dime goes
>to
>the<BR>>broker.<BR>>Dick<BR>><BR>><BR>><BR><A
>href="mailto:>---Peter2150@xxxxxxx">>---Peter2150@xxxxxxx</A>
>wrote:<BR>>><BR>>> In a message dated 99-03-17 10:54:19 EST, <A
>href="mailto:dickwebb711@xxxxxxxxx";>dickwebb711@xxxxxxxxx</A><BR>>writes:<B
R>>>
>
><BR>>> > Thanks for trying guys but all of the responses so
>far<BR>>> > were no go's. What I am looking for is
>something like a<BR>>> > marketplayer.com for futures or an
>auditrack for free. The<BR>>problem is<BR>>> > when you build
>a new system you loose profits or potential profits<BR>>> >
>during the time you adjust to the system. It is like taking
>a<BR>>product<BR>>> > from R&D to manufacturing. First you
>make some demo's to see if<BR>>they<BR>>> > work.<BR>>>
><BR>>> Why would you expect anyone to do this free. Its work
>to keep the<BR>>records,<BR>>> and make it of any value.<BR>>>
><BR>><BR>>==<BR>>Big Lucky Dick
><BR>><BR>>_________________________________________________________<BR>>DO
>
>YOU YAHOO!?<BR>>Get your free @yahoo.com address at <A
>href="http://mail.yahoo.com";>http://mail.yahoo.com</A><BR>><BR>><BR>></BODY
></HTML>
>
>
>==
>Big Lucky Dick
>
>_________________________________________________________
>DO YOU YAHOO!?
>Get your free @yahoo.com address at http://mail.yahoo.com
>
>
>