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Strategies & Market Trends : DAYTRADING Fundamentals
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To: Eric P who wrote (5223)11/6/1999 4:38:00 PM
From: Jamse  Read Replies (1) of 18137
 
Great thread! I'm new and have read the last 2000 posts trying to come up to speed. I really appreciate all the good information. I have a couple of question I would like to ask the thread. I have been day trading for about 5 years now and want to change from 3 online broker accounts to an E-DAT system. My dilemma is that I mostly trade the NYSE so I don't know if there will be a benefit to switching. The discussions going on now about superdot is quite relevant here. Since NYSE trades are not electronically handled, would I benefit from an E-DAT? By trading with an online broker are my trades then handled twice? Once by my broker entering the trade in his system and the second time by the NYSE specialist? I do trade NASDAQ stocks occasionally.

Secondly, It doesn't appear that NYSE data is available on some of the systems i.e. Cybercorp. Is it better to get a live data feed Qcharts, eSignal etc. and an E-DAT or get a fully integrated system like realtick? Any suggestions would be greatly appreciated. It seems the more I read about the services and available electronic brokers the more confused I am. I'm ready to jump in but don't want to hit a shoal in the process.

I hope to be able to contribute to the thread in the future. For now I'm trying to catch up on the other 3000 posts I have not read yet.

jamse
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