Clarence,
It's a tough choice, but unless you're a more experienced trader than myself (and that wouldn't take much), both systems are probably more than the beginner initially needs.
I got into this ridiculous and time consuming comparison of everything from order entry buttons to connectivity options. However, it all boiled down to one thing. Remote daytrading is in its infancy and companies like Cybertrader or MB Trading may go the way of the Osborne (remember, first portable computer, but no longer in business). But, because MB uses the Real Tick software, there is less for me to learn if I have to switch brokers.
Neither MB or Cybertrader has any kind of training program. I like the fact that Cyber uses PC Anywhere to help setup the software and allows you to paper trade in the beginning. However, the deal with Pristine is strange. Pristine makes a big announcement on the Cyber thread and then disappeared. Cyber has great folks answering the phone but answers to questions change weekly.
MB, on the other hand, has many more users, (guys like funk and phactor who are willing to offer help and advice), some with their own websites (www.phactor.com), to help beginners. In addition, there is more add-on software which works with the MB platform. And, at this moment, the MB software has more features, better graphs and news service. The new version of Cyber sounds as if it will be nearly equal (maybe better) than MB, but it's still "right around the corner".
Cyber has a lot of good ideas and I think they really want to be service oriented. But, they are small and, IMO, experiencing growing pains.
With all of this said, I should add that while I'm choosing MB Trading, they need to get some friendlier and more helpful folks on the phone. They act as if I'm interrupting their trading time to answer one question. If the big boys ever decide to start offering high-end systems, both may go the way of the Osborne.
I keep reminding myself that the computer, software and even the broker, are just tools to trading. Cut your losses short if any become a problem.
Good luck!
Brent |
