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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade

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To: Darth Trader who wrote (279)1/16/1998 9:46:00 PM
From: Street Walker  Read Replies (3) of 2120
 
Daytrading Equipment

I wish there was an end to making "upgrades".
Whether it be a new quote service, another brokerage firm,
another computer, larger monitor, faster modem, another
news service....there's no end!!!

I'm running two computers getting ready to buy a third.
One computer is for the internet/email doing online
searches of companies once I learn about news stories
on #daytraders. I go to quote.yahoo.com
and go into "profile" to see what the "float" is and resistance on the 3 month chart. The float and "beta" tell me how fast the stock can uptick. The resistance goes without saying.

Another computer runs #daytraders, real time graphs, and
my Level 2 and execution system: castleonline.com

Level 2....Once you've tasted it, there is no way of making
a trade without it. The $150/month pays for itself
on EVERY trade. It gives you an idea of the strength of the stock at a particular price and you can anticipate its future direction. Once you've used it, you can't trade without it! Someday you will have it, but until then, continue increasing your trading capital with
your current system while making upgrades when appropriate.

Why are you choosing Interquote over other quote services?
How fast do you get trade confirmations with Ameritrade?

S.W.
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