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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: steve goldman who wrote (5758)11/18/1998 8:53:00 PM
From: funk  Read Replies (2) of 12617
 
This post refers to an email i pasted to the MB Trading thread.

No system is perfect. Even the very best Trading broker - MBT - has an occasional cruddy day.

I was amazed at how abusive some of the chaps became yesterday morning when things were going bad. I pictured some traders as infants in a play pen crying their eyes out because they lost their bottles. It was embarrassing.

My point is that your broker should feel like your partner, or you should go find another one.

The email is indicative of the quality of service one can expect from MBT.

Complete candor and a sincere desire to provide top notch trading services appear to be the order of the day.

Personally, I am now upgrading my connection and dropping another isp and adding another new one, this new isp will be no less than my sixth one this year, I usually have two at a time, sometimes three.

Being flexible "seems" to be a key ingredient to trading. I am still learning, but it feels as if staying flexible is helping me out quite a bit.

If you sign on with MBT, which is the best there is, you may very well have a day here and there when its better to not trade and just walk away till things settle down. Last thursday a backhoe ripped up a fiber optic line and took out a big chunk of UUnet backbone. For some traders that was a good day to run errands.

It sounds simple, but I think sometimes we lose sight of this.

At some point I just decided that I was never going to feel so strongly about a trade, that it felt like it was the last trade on earth. There will always be more, plenty more. I got the rest of my life.

So I want to tell everyone. MBT had a couple of tough days, some traders got good and pissed. These things will happen from time to time.

If its any consolation, I think the crew is giving it everything they got to minimize the rough spots. That is the impression that I get.

The $5 dollar trade program is an awesome deal that has not gotten the attention that it merits.

Several trade management tools are coming on line at the first of next month to help us keep track of all the trades.

The client support chatroom #mbtrading on the othernet continues to be an outstanding method of technology transfer.

I defy anyone to show me another broker that will let a fellow peer into the operation the way MBT does. The client channel is still an awesome way to witness MBT staff and clients at their best and/or worst.

This transparency seems to be a very healthy element. It helps build trust among most of us and provides an opportunity for many to learn from each other.

I am still appalled at the number of internet traders that still do not know how to do a trace route. Understanding and diagnosing your internet connection is an important element for any remote trader today, and it is something an MB Trader picks up right away.

I am emphatic, Manhattan Beach is the right ticket for traders.

If I can trade for a living. You certainly can.

good luck everyone

funk

: P

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