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[RT] RE: Re: S&P Learning Curve



PureBytes Links

Trading Reference Links

As the packets go back and forth from your PC to the various other
points on the internet they travel from router to router and each link
is often called a hop.  You may have 10-20 hops from your PC to whatever
site you are connecting to.  Each of those links and routers is a
potential source of congestion and poor performance.  A tool like
PingPlotter or NeoTrace is useful to see where those points of
congestion may be.


-----Original Message-----
From: listmanager@xxxxxxxxxxxxxxx [mailto:listmanager@xxxxxxxxxxxxxxx]On
Behalf Of Marlowe Cassetti
Sent: Wednesday, April 19, 2000 21:19
To: realtraders@xxxxxxxxxxxxxxx
Subject: [RT] Re: S&P Learning Curve


What the hell is a HOPS?

----- Original Message -----
From: Terry S. Smith <tesla@xxxxxxx>
To: <marlowec@xxxxxxx>; <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, April 19, 2000 2:44 PM
Subject: Re: [RT] Re: S&P Learning Curve


> If your trading online you must get pingplotter and run it in the
> background. This software will tell you how many HOPS you have to the
> terminal and when the system goes down you will know exactly where it
is.
> Very, very important for any internet traders out there.
> ----- Original Message -----
> From: Marlowe Cassetti <marlowec@xxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Wednesday, April 19, 2000 10:07 AM
> Subject: [RT] Re: S&P Learning Curve
>
>
> >
> > Sean,
> >
> > I just started (5 days now) daytrading the ES.  I have a friend who
has
> been
> > trading this and the NQ quite successfully, so I'm following his
system.
> He
> > uses Lind Online and I use Jack Carl ETC for trading.  I use
TradeStation
> > 2000i and he uses MetaStock RT.  We both use eSignal.
> >
> > My experience with JC ETC is that they are quite fast on the orders
and
> > fills.  On my second day, my JC internet service froze up.  I was
able
to
> > restore it and recover without a big hit.  I now keep my cell phone
beside
> > me with the trade desk speed-dial selected as a backup.
> >
> > I hesitate to give my results because they represent a small
statically
> > sample- But I'm averaging about $83 per contract per trade with a
72%
win
> > ratio.
> >
> > Again, I too am feeling my way through daytrading and I'm on my own
> learning
> > curve.
> >
> > Hope this helps ...  Marlowe
> >
> >
> > ----- Original Message -----
> > From: Sean Cassidy <scassidy@xxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Tuesday, April 18, 2000 10:26 AM
> > Subject: S&P Learning Curve
> >
> >
> > Can anyone give me the approximate learning curve for most people
trading
> > e-mini S&Ps, in terms of dollars? I know this is completely
subjective
and
> > will vary widely from trader to trader but I would just like to know
what
> > most successful traders went through in terms of drawdown before
becoming
> > profitable. I am using some system software that is right most of
the
time
> > but have had trouble with slippage and a few bad fills. I am using
Jack
> Carl
> > and they seem very slow. it sometimes takes a minute or more for an
order
> to
> > become live. Is this bad? It sure seems to be. Again just a few
> experiences
> > of others would let me know if I am on the right track. After about
17
> > trades I am down 7 points and a total of just over $600. Is this
good,
> bad,
> > should  I be looking for a real job?
> >
> > Sean
> >
> >
> >
> >
> >
>