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Non-Tech : CYBERTRADER -- Ignore unavailable to you. Want to Upgrade?


To: jebj who wrote (2700)6/14/1999 4:09:00 PM
From: Suntzu  Respond to of 3216
 
I dont think you misread the posts.



To: jebj who wrote (2700)6/14/1999 4:14:00 PM
From: Pierre  Respond to of 3216
 
RE: broker held conditional orders - how to place?
Mon, 14 Jun 1999
If you are a CyBerT or CyBerTrader customer, you will have full capability to place NYSE orders directly from your work station. If you are a CyBerX customer, you can still place NYSE conditional orders, however, they will be limited to "day" orders. We are happy to say that with future releases of CyBerX, we will be expanding NYSE order routing capabilities.
Trader Support
CyBerCorp, Inc.


Looks like CyberT software handles gtc conditional orders, but CyberX does not. Since I use CyberX, I can't confirm CyberT capability. Still no gtc conditional orders on NASDAQ, near as I can tell. I've heard others express the opinion that there are no gtc conditional orders available with NASDAQ stocks period, but I seem to have no problem setting them with Datek. Maybe somebody with more knowledge of order routing can chime in here.

FWIW, I spent Saturday at the Pristine boot camp in San Francisco. Given my level of expertise, I found it immensely helpful. Oliver Velez is a pure chartist, and he explains his basic plays and then elaborates on what other factors enhance or detract from that play. Examples (charts) are taken from past 12 months and include Pristine calls. Most important part was why the call was made - this was a real hands on how to do it course. He suggested a universe of charts to follow, showed how to create a daily watch list, showed exactly at what point to initiate a position in a watched stock, how to calculate exit point, and how to set trailing stops.

Less time was spent on actual day trading technique, but what was covered was fascinating and useable. I used a suggested method to profitably short 2 net stocks after 1:00 pm eastern today for a quick turn. I used Datek, however - still getting used to CyberX.

The seminar was scheduled to end at 6:00 pm. but went to 7:30. Had a working lunch of sorts - a little too much time spent listening to reps of other products (Executioner etc.), but on balance a well spent 1000 dollars.

Pierre



To: jebj who wrote (2700)6/14/1999 6:08:00 PM
From: Sir Francis Drake  Respond to of 3216
 
jebj - you dragging up all that again? You think I "bash", and use every occasion to point out Cyber's flaws? Wrong. F. ex. today, the quotes were lagging on Cyber many times on stocks, particularly in the last 1/2 hour - ex. AOL. I didn't bother to post here - particularly, because fortunately I wasn't relying on those quotes for my AOL trades. Further, I had one "disconnect" today - again, I didn't post, because in today's market, I had plenty of time to cover my short positions, and wasn't freaking out when Cyber was momentarily not available. My point is that these things happen much more frequently than I remark upon. The reason I lashed out that day, is because what happened that day was a CRASH - with very busy phones; no matter how I prepared - extra quote feeds, extra modems, extra computers and phone lines, etc., I was paralyzed for over 10 minutes on a critical trade. Today I was able to "handle" the *relatively* minor flaws.

As to whether my posts "help" or not - I'll, PM something to Bill Dwyer. It addresses your point directly (kind of like *the proof is in the pudding*). The fact is, that my post *are* helpful to Cyber, and I have direct proof of it.

Regards,

Morgan



To: jebj who wrote (2700)6/19/1999 11:40:00 PM
From: William W. Dwyer, Jr.  Read Replies (1) | Respond to of 3216
 
jebj,

I've been on vacation the past week and just read your post to me regarding Sir Francis Drake. I understand your feelings.

Let me say that I have corresponded extensively with Sir Francis privately over a long time. I feel I know and understand him quite well. I believe very strongly that he is real and honest and genuine and sincere about his observations and his motives. Although he sometimes gets a bit strong and emotional and, perhaps, doesn't say things exactly the way you or I might, Sir Francis is obviously a very intelligent and observant person. He knows a great deal about the matters he discusses, and I value his opinion and the time he spends drafting his written contributions to this thread. You might learn more about him by following his posts to other threads. He is a major contributor on S.I.

Frankly, although I cannot speak for S.F., I believe I know why he does what he does. He and I have much in common. Like I, he probably believes CyBerTrader is the very best daytrading package available. That's probably why he hasn't abandoned it yet. Like I, he probably also believes there are significant problems with CT and that there is substantial room for improvement. S.F. has already accomplished a lot and is responsible for some major improvements. So, his efforts have not been in vain.

I believe CyBerTrader is good, very good (I'm still using it) and I hope to see it become much better. So, as much as I respect your opinion and understand your feelings regarding S.F., I personally believe you are just mis-reading him on this issue. Regardless, though, I agree with you that enough has been said on this topic and I personally do not intend to pursue it further. I believe it has been way way way overdone already.

Bill