SI
SI
discoversearch

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: Jason Flora who wrote (558)6/26/1998 6:14:00 PM
From: cgraham  Read Replies (1) | Respond to of 1729
 
What I want ot know is how many traders are on this site, and what do they like most about it -where do they go on the web for their information? Do they go to fool? S&P comstock? stockholder.com?



To: Jason Flora who wrote (558)6/26/1998 7:04:00 PM
From: Sequoia Holdings  Respond to of 1729
 
I saw this post and searched SI for a thread about Wealth Wizard...I was unable to find one so either this product makes it so easy to make money nobody needs to talk about using it.... or nobody is using it :)

NoonTime



To: Jason Flora who wrote (558)6/26/1998 9:35:00 PM
From: Eric P  Respond to of 1729
 
I have been enjoying this thread very much and have read about half the posts (hoping to catch up this weekend). I was esp interested in the platform being developed by one of the regular posters.

Thanks for the interest! I'll give you a quick update on the status of our trading platform.

The bulk of the programming is now complete. The platform is now capable of reliable automated entry and exit of positions based on a traders own unique system. We are currently working to develop the web interface to allow remote traders to use the platform and expect our beta release to be available within two months. At that time, I will create a new SI thread to allow more discussion of this platform, including feedback from the beta testers. For any active daytraders who are interested in being considered for our beta test, please send me a note. We will be working very hard with our beta testers to ensure that they and we are both successful.

This platform has the following features which make it more powerful than any trading system available to the public:

1) Able to scan thousands of stocks in realtime to find potential trades meeting the users strict trade requirements/conditions. This can literally mean checking hundreds or thousands of potential opportunities per second. To provide the required computing power for this application, we have just begun implementation of a 500 MHz DEC Alpha with 320 MB of RAM.

2) We are configured to trade through Castle Securities, to allow the fastest possible executions on trades.

3) We use satellite data feed to enable the fastest possible time/sales and Level II data. From my experience, this can be 1-3 seconds faster than internet data feed. Time is money...

4) Our platform can be configured for virtually any trading system imaginable.

5) Individual traders will not need to use a powerful computer and satellite data feed to use our platform. The platform will be accessed over the internet to our machine, which will provide the computing power and data feed, saving money for the trader.

Happy Trading and Good Luck!
-Eric
ericpatterson@erols.com