Rick Faurot, I take a couple weeks off from SI, and now I see you are an unhappy trader at MB Trading? How can that be? Read again two of your recent posts I pasted below, some pretty hard comments. The last time I looked on 16 January you thought Ross Ditlove and MB Trading were the greatest! That post I have below your recent two. Now looking for another firm? Incredible.
Brokers/Resources : A.B. WATLEY - THE ULTIMATE TRADER!
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To: Ron Nuckles (586 )
From: Rick Faurot
Sunday, Jan 31 1999 12:15PM ET
Reply # of 598
.................I have had good experiences with MBT except for lagging quotes, which has been a problem for many MBT customers. I am considering leaving MBT because of this problem and I know a lot of other people have already left them because of it.
Watley has been highly recommended to me and I am checking them out right now. I have heard good things about Polar and Cyber and bad things about Ex.
RickF
To: Marz (67 )
From: Rick Faurot
Monday, Feb 1 1999 4:08PM ET
Reply # of 72
Marz,
I saw in the #mbtrading chat room that Ross Ditlove now says they have discovered a problem at Taltrade that is probably causing some of the quotes problems. What irritates me is the way he stonewalled this problem for weeks even tho lots of us were coming into #mbtrading and reporting timeouts and packet losses at Taltrade. MBT credibility is at an all time low with me right now. I'll be interested to see what the fix is and whether we get an apology from Ross Ditlove for bsing a bunch of us repeatedly.
RickF
To: Verbal (3387 )
From: Rick Faurot
Saturday, Jan 16 1999 1:04PM ET
Reply # of 3625
Verbal,
Thanks for the support. Those of us who are dedicated to making it as daytraders can do a lot to help each other out by posting helpful and positive information here. That has always been my goal. I have been real busy working on my own trading skills, but I plan to do more here to help new traders and share my experiences as I used to do.
So much has been made of the occasional software glitches, server problems and internet static that plagues all online brokers, that I think it is worth commenting that anyone who plans to trade on the internet has to learn to adapt, adjust and modify as the situation dictates. All of the technology and software changes practically daily. At least three upgrades of Realtick 3 have come out in the past few months. MBT has been continuously adding new servers, routers and tech people to help with the increasing amount of trades they are handling.
In the eight months I have been a customer of MBT, the thing that has made me so loyal to them is that no matter what goes down, MBT is right there to help. The mIRC chat room lets me know immediately if anything is up. I get help instantly with any question I have, no matter how dumb it is and no matter how unrelated to the actual brokerage work. Ross Ditlove has spent countless hours online, real time, helping me sort out isp problems I have had that had nothing to do with MBT. Anybody who thinks there is a better broker around should check as I have. I see the same kind of problems being mentioned on most of the brokerage threads, but what I don't see is any of the other brokerages offering the kind of service and support that MBT offers.
People who don't day trade obviously have no clue what we are talking about. Online trading is a specialized and unique aspect of securities trading. To do it well one needs the very best of everything. I have found MBT is that for me and so I will continue to exercise my right to support them no matter what kind of irrational, sick, vengeful attacks are made on them.
Good trading!
RickF |
