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Strategies & Market Trends : Computer Screening for short-term trading

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To: kha vu who wrote (30)12/8/1998 11:21:00 PM
From: pcyhuang  Read Replies (1) of 34
 
Hi,

Well, you just luck out. I have found the message from Ameritrade.

"Thank you for your two Email messages concerning program trading
software. The program trading software is part of Accutrade for
Windows (AFW). This program can only be used in conjunction with an
Accutrade account. The software allows your Modem to dial directly
into the Accutrade servers. It does not go through the Internet. In
addition to placing orders, viewing account information, and getting
price quotes, the software has a capability to establish scripts for
unattended trading. Also, this software may not be practical for
overseas accounts, because it requires "800" access which is not
vailable from overseas and overseas customers would be responsible for
communications costs to local U.S. numbers. The way it works is that
you would be required to set up a script (or a series of scripts) for
a certain action (such as placing an order) to occur upon the
ccurrence of a certain event (such as an equity or index reaching
a specific level or upon the execution of a specific trade in your
account). Price levels and index levels are monitored through periodic
quote downloads that you would also establish. Since everything would
be controlled on your computer, the AFW program would have to be open
continuously during market hours, although it may be minimized.

If you are interested and you provide us an address, we will be happy
to send you an AFW Users Guide which has a section concerning this
feature. Then, if your interest continues, we could send you the
actual software. However, you would not be able to go online without
an Accutrade account. Also, please let us know if you have any further questions."

Sincerely,

Glenn Carson
Accutrade Technical Support
1-800-555-4137
(402) 596-8543 Ext. 4563

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