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Hi, Super Sport (Dave Block),
I hate to say this, but I find your recent posts a bit vulgar and disrespectful. Your message no. 557 includes your remark "...You could really get your ass handed to you real fast." You could have said that in a slightly more dignified way in respect and courteous to the many professional members who read this thread. (also, you mis-spelled the name of Datek Online, a highly respected online brokerage firm, as well as various other words).
In your message no. 560, you claimed that online traders are crazy, which is ridiculous for you to say. Your claim that "I don't think I know an online trader who has not been screwed on a busy day" is utterly ridiculous and could also have been said in a better, more professional manner. You go on to call us "novices unless you have money to burn." What a condescending comment.
You pretty much say that unless we give up remote trading and trade from a SOES house (such as the one your brother owns), we should "be using Datek and not such an advanced trading system" as CyberTrader. Who are you to say that we cannot trade remotely with the same product your company uses in-house? Are you trying to promote your brother's business and say that either we trade that way, or go back to some "simple" trading system for which we are more qualified?
Your message no. 561 asked what kind of trader we want to become, either online or in-house. Well, Bill Fischofer answered you with a beautiful response: successful. For us, being objective, the goal is not to trade in-house or remotely, just to be successful. You seem to think we should just trade in-house and that's the answer to everything. Do you have some kind of hidden agenda here, Dave? Are you just here to promote Block Trading Inc and/or firms like that, criticizing us for trading remotely?
Well, perhaps you should do your homework before coming here with your stuff. For example, Cyber Corp specifically and strongly recommends that all clients connect using dedicated frame relay line, for faster, more stable, more reliable connections. They even discourage ISDN. Further, Cyber Corp has made arrangements with a nationwide private commercial network to offer suitable, reliable connections. Trading over the internet is completely (and properly) discouraged. So, what's your deal? Didn't you know that?
Your go on to say that you "would think twice before I would put my money ONLINE to trade. An office is a much better atmosphere for a daytrader." The only reason you offer, however, is that "yelling out trades" makes you feel like you're on the floor of the NYSE. What a pitiful statement. You mean, hearing a lot of people screaming around the office makes a better trading environment? No thank you!
I have traded both ways, and let me say that the office trading atmosphere is crazy, ridiculous, and dangerous. I like to pick my trades better than just hearing someone yelling across the room. At home you can have quiet to consider and ponder your trades, you can study tech analysis of various stocks, use your own software to research and run stock screens, monitor multiple news feeds and various internet stock chat-rooms, etc. And no one is yelling their idiotic ideas at you, tempting you to jump in a high risk trades that have already run their course anyway. Remote trading, done properly, is much safer and more relaxed and dignified.
Bill Fischoefer's comment about just wanting to be a successful trader is good. Some of us want to be position traders, SOES bandits, swing traders, momentum traders, scalpers, or whatever. But for you to say we should want to be "in house" traders is simply ridiculous. We all just want to be successful, and we are here to try to help each other accomplish that. You could be a lot more objective and a lot more helpful to the members here.
Your obvious mission to promote in-house trading, such as your brother's company, is basically an insult. You should learn more about remote trading if you're going to come here and act like you know what you're talking about. Unfortunately, some newer members here might actually believe the stuff you say.
It occurred to me that you might suddenly be here trying to disrupt this thread or otherwise divert attention to your brother's firm, Block Trading Inc., because Block uses Cyber Trader in all it's offices and perhaps Block would rather have all us traders trading in-house through Block rather than trading remotely with Cyber Corp. I have heard, unofficially via the grapevine, that Block is in midst of tense negotiations to continue licensing CyberTrader and I wonder if that is why you seem interested in hyping in-house trading here on the CyberTrader thread. So, since Bock uses CyberTrader exclusively, it seems to me that you must like CyberTrader very much. Apparently you would just rather have all Cyber Corp's clients for yourself, at Block Trading. Right???
Bill |
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