I'm Account ~#700 from a few weeks ago
I sent in my $2,000 and application,
but I doubt I'll be able to trade for
a few weeks as they are only activating
up to 100 accounts each day. Since they
are using Windows'NT scaleable servers,
I image they are bringing new servers
online to meet the need as they see fit.
If they are using Compaq 850R's, for
example, this process is very easy and
not expensive, as long as it was well
planned. I have confidence that their
real-time quote providing experience has
brought a great deal of expertise to bear
at getting this new trading service right
the first time, all the time. Some idiot
on Yahoo posted that they have signed up
between 10,000-20,000 people. That is
simply ridiculous, and no one should
expect those kind of numbers until they
do a very expensive marketing campaign.
If by months end they manage to get even
4,000 people applied, and 2,000 accounts
active, I'll be very impressed. I asked
to be part of the beta program, but was
refused. I think they only let insiders
play, out of fear that non-disclosure info
might leak out otherwise. I imagine after
tomorrow you may start seeing actual user
testimonial, but beware; many shorter may
use their "experience" to talk down the
stock as it may be weeks before enough
people using it online can actually tell
us anything. People will also be pretty
critical as they have experience with other
services, and have high expectations as
I do. For example, I've used several other
services over the years, and currently am
satisfied with DLJ-Direct. OnTrack would
have to be pretty good to get me to close
that account, and bring any more than a
token amount of money over to TRAC. |
