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Strategies & Market Trends : DAYTRADING Fundamentals

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To: WaveSeeker who wrote (7121)3/5/2000 11:24:00 PM
From: Sir Francis Drake  Read Replies (1) of 18137
 
<<I'd be very interested to hear from other traders on this thread who they would recommend for high-volume trading, upwards of 200 trades per day. I'm looking for a broker that offers direct access and is technically excellent.

I'm also looking for a change from RealTick, which hasn't really changed in the past five years. Can anyone recommend some really great trading software with direct execution and broad ECN access, with the capabilities of RealTick and more?>>

You may consider CyberTrader:

cybercorp.com

Mind you, they are not perfect. Some much prefer the interface to RTIII and there certainly are more bells and whistles. Frankly, I think a lot of those bells and whistles are unnecessary, and I configure it a bit differently. A bigger problem is occassional software instability, and it is a bandwidth and resource hog. Penson has its problems too, though from what I hear S.W.Sec is worse. Cost can be an issue too. I think that generally you will pay more than at AB, though I haven't done an exact comparison. For my money, hearing about the constant problems at AB, I'd give Cyber a whirl, especially if you want something other than RTIII - I do believe the CyberTrader software is cutting edge. Of course, they do have their problems - but who doesn't?

Morgan
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