Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: William W. Dwyer, Jr. who wrote (597)	5/14/1998 3:27:00 PM
From: steve goldman	Read Replies (2) \| Respond to of 3216

You are assuming that Cybertrader or any firm for that matter can provide quality training for you...some firms mighthave excellent, top quality executions systems, written by the best programmers, but this does not mean theyknow themarkets or understand howto trade them. The best I think anyone could expect and should expect no more, is to get the technology to trade. the rest,the understanding comes from reading books, magazines, contacts, these threads, and most importantly experience. You had better have confidence that you can do better than their instructors, those not trading themselves, but put in charge of training newbies. They can be a start, but ifyou want to succeed, you have to go the rest of the distance on your own.. Regards, Steve @yamner.com

To: William W. Dwyer, Jr. who wrote (597)	5/15/1998 12:38:00 AM
From: Ilya k.	Read Replies (1) \| Respond to of 3216

Bill, I've employed 4 digits worth of engineers in my career. Never did I have a VP of Sales or Marketing who ever wanted a single one of them in the room with another company's management (techie to techie ok, but not techie to management). Microsoft has created a huge industry of outside training firms because it made a decision that its resources were best used writing code, not teaching end-users. When is the last time you took a MS-sponsored course in Word or Excel? I rest my case. Goldman's 601 on this thread pretty much sums it up. Turning to charting, I am not in a position to disagree with you because I have never seen a live action demo of CT screens. I merely interpolate what various individuals who have seen the CT system and its competitors say. But discussions with CT mgmt do bring the admission that it will take v1.6 to be competitive with some implementations of RealTick. I'm not here to point out nits. The very immaturity of this industry is manifest in the fact that you can't try before you buy. Is there a leading PC s/w app that you can't get on a 30 day trial basis? So why not in our vocation? Our personal time is precious, and learning curves are steep. The more we learn one package, the less likely we will jump ship for another -- unless there is some compelling reason. So far, I see no compelling reason for anyone to switch s/w packages in this business. Maybe we are unhappy with other aspects of a firm's practices, but nobody has s/w that is a Mt. Everest among molehills. Can't quarrel with anything you say about the advantages of FR. But you really haven't answered the question. If I put a thimble full of water through a garden hose or an 18" culvert, is it going to get to the other end of either conduit any faster? Tracert is all well and good, but I'm stunned that nobody can tell me what CT's data rate is. I even called Cyber the other day, and nobody knew. Now I'm sure somebody must, but the inability for Cyber to tell me just reinforces the fact that just as the PC taught us very bad habits about "vaporware", this industry seems to be hyping attributes that may or may not make any practical difference, based on current data rates. At one time my staff had every conceivable telecomm capability known to man. But my star Cal Tech and Stanford engineers generally relied on their T-1 Internet connections -- saying it was "good enough". What do I know? regards

To: William W. Dwyer, Jr. who wrote (597)	5/17/1998 2:42:00 AM
From: David E. Henry	Read Replies (1) \| Respond to of 3216

<<I would much rather a better short list, a good news service, S&P futures, bonds, OEX and SPX indices,>> I wholeheartedly agree! Especially the S&P Futures and a good news service! I made a 1 1/3 off the MSFT news of them working something out with the Govt. and I was late. <<because it's like saying "we can't teach you our software, we want you to go try to learn it from someone else.">> Will Pristine be teaching the software or teaching how to trade successfully?? I know the latter is their specialty.