Gentlemen, I don't want to contribute to bandwidth wasting posts, or inflame tempers - we all benefit by exchanging information that helps us trade more successfully.
I can confirm that Bill Dwyer has been very helpful to many people - he has taken the time to help out with questions and concerns. When I was searching for a direct entry broker, Bill has patiently answered my numerous questions - I am indebted to him, and I will not forget his kindness and generosity. I have found it is always better to find the good in people - every one benefits.
As to the "hi and low" - I didn't notice the time lag, but I didn't check for it carefully either. I did find one irritating thing - many times on LII - the low of the day will be wrong, and I can't rely on that to judge the range of trading. To be fair, Datek sometimes has a similiar problem with it's streamer.
I have therefore reached the conclusion, that it really is necessary to have redundant quote systems to check against, as well as a separate modems (I have Cyber on my cable modem, and Datek on a separate computer and modem). When you depend so heavily on good technical performance, it is crucial IMO, to have backup systems.
This raises the overhead, but I'm afraid there really is no alternative, if you are an active daytrader.
What alternative quote sources (if any) do you guys use, and what other backup systems do you utilize? What combination have you found effective? |
