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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: TraderAlan who wrote (1060)6/19/1999 2:02:00 PM
From: Rick Faurot  Read Replies (1) | Respond to of 18137
 
Alan,

<<They had 14 clients!>> LOL! No, I don't know who you mean. Guess my photographic memory has gone digital on me.

Again, I am not talking about sheer numbers. I saw a piece on CNN where Ameritrade had 250 people in a giant office suite doing nothing but signing up new customers!! Whether a significant number of these people could be classified as successful traders or not is I suppose beyond discovery at this point.

What I meant in my original statement is that the vast majority of traders I have contact with on a daily basis are using Realtick. You may be right that of the thousands of people who post messages in IRC chat rooms, quite a few are not telling the truth at any given moment. But over thousands of hours of following traders in these chat rooms, it is my observation that most of the hot traders (based on their frequent real-time posting of their trades) use Realtick. A minority use Cybertrader. Since you never set foot in IRC chat rooms, I suggest you avoid throwing out the baby with the bath water here.

Rick



To: TraderAlan who wrote (1060)6/19/1999 2:41:00 PM
From: KM  Read Replies (1) | Respond to of 18137
 
Do you think that outfits like MB/Cyber, et al have lost many clients during this latest correction due to inability to meet margin calls, etc.? Wonder if there's a ready supply of new people to step in.