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.

Strategies & Market Trends : Trading For A Living -- Ignore unavailable to you. Want to Upgrade?

To: Eric P who wrote (222)	5/24/1998 11:57:00 PM
From: Darren	Read Replies (1) \| Respond to of 1729

An earlier post mentioned that I should try to market this software to trading houses. How much do you think it would be worth to a trader to have access to a automated trading platform like this ($/trade)? For a trader with a successful system, I would think it would be invaluable in allowing him/her to leverage their system on many more stocks and with increased speed. Anyway, I would be interested in peoples thoughts with whether it would be worthwhile trying to market this software, and if so, what might it be worth to a trader. Well, I know that Block uses a program called Market Spotter and Cornerstone Trading uses a program called Eyes. Both of these programs do some of what you are talking about -- find stocks that are moving and either a) tell the trader or b) trade for the trader. My guess is that you should build a front-end to your program and give it the capability to read from S&P Comstock and PC Quote feeds. Then sell it for $99 per user, and then it doesn't really matter who uses what type of system, as long as they have the right feeds... I would be very interested in such a program -- I would also like to be alerted to Crossed/Locked stocks too, and volume corrections... Forget the trading houses. Go to the traders, via Web page or something. Why limit the number of potential customers by offering to a trading house that will expect exclusivity...