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Re: INTERNET TRADERS BEWARE



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<DIV><FONT color=#000000 size=2>If I decide to stay with online trading I will 
surely check the connection before sending order to the floor. Happy 
trading.</FONT></DIV>
<BLOCKQUOTE 
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
    <DIV><FONT face=Arial size=2><B>-----Original Message-----</B><BR><B>From: 
    </B>Ron Dawes &lt;<A 
    href="mailto:ron@xxxxxxxxx";>ron@xxxxxxxxx</A>&gt;<BR><B>To: </B>Terry S. 
    Smith &lt;tesla@xxxxxxx&gt;; <A 
    href="mailto:realtraders@xxxxxxxxxxxx";>realtraders@xxxxxxxxxxxx</A> &lt;<A 
    href="mailto:realtraders@xxxxxxxxxxxx";>realtraders@xxxxxxxxxxxx</A>&gt;<BR><B>Date: 
    </B>Wednesday, August 04, 1999 12:24 PM<BR><B>Subject: </B>RE: INTERNET 
    TRADERS BEWARE<BR><BR></DIV></FONT>
    <DIV><FONT color=#0000ff size=2><SPAN class=293072119-04081999>You will find 
    that some days are better or worse than others.&nbsp; Congestion, high 
    traffic, equipment problems causing outages or reroutes, a backhoe digging 
    up a fiber line, etc, etc. can affect performance day to day or hour to 
    hour.&nbsp; Best thing to do is monitor it frequently.&nbsp; And either have 
    a backup with a different ISP who is on a different major backbone, or use 
    the old fashioned telphone to the broker to bail you 
out.</SPAN></FONT></DIV>
    <BLOCKQUOTE style="MARGIN-RIGHT: 0px">
        <DIV align=left class=OutlookMessageHeader dir = ltr><FONT face=Tahoma 
        size=2>-----Original Message-----<BR><B>From:</B> 
        owner-realtraders@xxxxxxxxxxxx 
        [mailto:owner-realtraders@xxxxxxxxxxxx]<B>On Behalf Of </B>Terry S. 
        Smith<BR><B>Sent:</B> Wednesday, August 04, 1999 12:48 PM<BR><B>To:</B> 
        realtraders@xxxxxxxxxxxx<BR><B>Subject:</B> INTERNET TRADERS 
        BEWARE<BR><BR></DIV></FONT>
        <DIV><FONT color=#000000 size=2>INTERNET TRADING- I have just installed 
        ping plotter <A 
        href="http://nessoft.com/pingplotter/alert.html";>http://nessoft.com/pingplotter/alert.html</A> 
        and what an real eye opener. I found out there are 14 connection to my 
        online trading company, pmb. On an experiment I set ping plotter to 
        trace every second of my connection quality, I timed it for one minute 
        and did the experiment 15 times. I have discovered the internet 
        connection quality is not reliable (readings over 1000) 15 second of 
        each minute. I am seriously considering NOT trading S&amp;P's anymore 
        over the internet. Any one out there care to comment?</FONT></DIV>
        <DIV><FONT color=#000000 
size=2></FONT>&nbsp;</DIV></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Wed Aug 04 15:57:25 1999
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From: "Howard Hopkins" <hehohop@xxxxxxxxxxx>
To: knox1@xxxxxxx, realtraders@xxxxxxxxxxxx
Subject: Re: INTERNET TRADERS BEWARE
Date: Wed, 04 Aug 1999 16:03:03 EDT
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Status:   

I daytrade the S&P and go directly to the pit, so I don't actually trade 
through the internet.

I get my data through the internet ISP (Erols) on a standard phone line 
(46000 bps) and the data provider is Track Data Corp (mytrack.com).  
Charting is InvestorRT (linnsoft.com).  Both very inexpensive.

On my screen I have 1 min candlestick charts of S&P futures, and the S&P, 
Dow, ND100 cash.  I also have the S&P futures in a five minute candlestick 
chart and a quote page with about 60 securities and indexes on it.  My 
quotes come through 2 to 10 seconds faster, on average, than some friends 
that use tradestation with BMI cable data feed.

I also have Squawkbox (a live broadcast from the pit) coming through the 
same internet connection.  The data on Squawk is less than a second behind 
the pit whereas my data feed seems to be about 10 seconds behind.  So if my 
screen data seems slow I have real-time over Squawk (www.los.net).  So I 
have a lot of data coming in at the same time.

I haven't played pingpong in years and only vaguely know what a ping test 
is.  What I do know is that my data feed is, as reliable or more so, as any 
other I have tried and I'm pretty happy with it. (I've also had DTN 
Satellite feed and ran it side by side to MyTrack.  MyTrack was about 5 
seconds faster on average.)

I tried E-Signal and found it much more expensive than MyTrack and I 
couldn't even get delayed quotes on the markets I didn't want real time.

Hope this helps.
Howard


>From: James & April Knox <knox1@xxxxxxx>
>To: realtraders@xxxxxxxxxxxx
>Subject: Re: INTERNET TRADERS BEWARE
>Date: Wed, 04 Aug 1999 12:28:31 -0700
>
>Terry, I cannot comment on trading the S&P.  I can comment on my
>experience with E-Signals internet service.  In July, I signed up for
>E-signal.  I could only get quote pages operating.  I could not access
>charting on 10-minute delay, which is a direct function of having a
>quote page.  This fact stumped many of their techs.  I spent enough time
>on the phone with them to qualify for their payroll.  Literally 2 weeks
>and 8 technicians later, someone at E-Signal had me perform a Trace
>Route through the MS DOS PROMPT.  There I got to see various "hops"
>along the way from my ISP (which is IDT out of NY) to my computer.
>Apparently the numbers reflect a delay in time from hop to hop to hop.
>According to the E-Signal tech my ISP was inadequate and therefore I
>would have better luck with pigeons and notes, in terms of getting
>consistent reliable charts.  So I was left with either canceling the
>service or paying for the most expensive 10-minute delayed quote service
>known to man.  I also signed up for Ensign, but without the information
>flowing seamlessly from E-Signals data manager to Ensign, the third
>party software was useless.  Whether I subscribed to a Real Time or
>Delayed service, my internet connection would have been the same.  Can
>you trade the S&P off of E-Signal's internet service?  I couldn't keep a
>delayed chart on the screen.  My next option will be to look at Cable
>services.  Does anyone have any suggestions?  -James
>
>"Terry S. Smith" wrote:
>
> >  INTERNET TRADING- I have just installed ping plotter
> > http://nessoft.com/pingplotter/alert.html and what an real eye opener.


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