Realtime for right time.
Nothing against that GREAT free quote.com - service. But what I really need is a "living" table of all my stocks and options.
I'm quite happy with Interquote. The table looks like Excel and can be "programmed" the same way.
So it's easy to define your own "indicators". I use f.e. where a stock is traded in his 52-week-range, I track my real gains (related not to "last" but to "bid" - absolutely necessary with options) and I have a look at optimizing my leverage with a "annual-percentage".
Interquote delivers a lot of indices - a few hundred, I think -, is the cheapest RT-service I know, FRIENDLY(!!!), reliable even with modem (!!! - I'm not always in the country of Datenautobahn), and can (extra fee) show commodities and so on...
Minus:
They cannot handle non-US-number-definitions, and sometimes there was a temporary lack of data in "secondary" information.
I was trading long time without RT - this was a VERY expensive mistake. Berney, it's not important how long you will hold your positions - it's important how you bought and how you sell.
Just once a week 100 shares 1/4 too expensive - and this is NOTHING against the real losses you'll make without RT - and you was foolish to "spare" this money.
The same can happen when your broker is not reliable. You have a lot of possibilities how that could happen:
1. You have no or only slow internet-access
2. You cannot access your brokers server during rush-hours
3. Your brokers servers cannot handle all request the same time
4. Your brokers system cannot execute your order instantly
Related to these criteria, I can recommend Dreyfus (PBS). And their user-interface is NO "jungle", but VERY fast thanks direct-links from f.e. option-tables or from your portfolio to a party filled out order-page. No gimmicks, no ads, just speed.
"Trust in me, I know what I do" (Mike Hammer)
Jury
PS: Janko, a 400 MHz Pentium II is only about $ 850... |
