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Non-Tech : Trading with Castle Online

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To: Paul darby who wrote (67)2/3/1998 7:44:00 PM
From: Pullin-GS  Read Replies (1) of 186
 
> is it fair to say that trades were missed because of the outage?

Indeed. Have you ever tried to trade without realtime quotes/L2? It is next to impossible when the KK screen is dead due to server problems at the broker site.

>There is always a trader available over the phone to assist during down times.

When I see a window of opportunity to enter a trade, I do not have 1 minute to fail several times while attempting an on-line transaction, then have to dial up and get a live broker, after which at least 2 minutes has passed. The trade has since evolved, and any potential profits have been dramatically decreased, or possibly no longer there. I never enter a trade late.

Yes, I did miss some trades.
I missed a news play at about 2:30-300 on Monday that could have turned a quick 70% (Yes, 70%.....). I instead had to settle for 1/16th (on a one dollar trade) by calling in the trade.

This morning I could not trade at all with Castle. I instead limped along with E*Trade for food money. The opening hour is my "money hour". Close to 50% of my trading money made is in the first 45 minutes of trading.

Thanks for listening to my thoughts on the issue.

Regards, Paul
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