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


To: CountofMoneyCristo who wrote (594)6/28/1998 2:49:00 AM
From: Darren  Read Replies (1) | Respond to of 1729
 
However, I would be interested in a system that would eliminate the time-consuming and costly rigamarole of clicking price data, volume and "buy" (I use MB Trading). If I could hit a single button for buy or sell and the system could then take over, canceling and changing as necessary, according to very specific criteria, in split seconds, I would be very interested, but only if I could disable the system at any time, instantly. Of course I am sure a disable feature would be a fairly simple matter.

You should try Cybertrader. F1 [ENTER] will buy you 1,000 shares of stock. F4 [ENTER] will sell it, via ISLD. If you want to change price, you hit F1 (left arrow for down, right arrow for up) [ENTER]. As far as execution systems, I have never understood how people could use a mouse for trading. Talk about cumbersome...



To: CountofMoneyCristo who wrote (594)6/28/1998 6:11:00 AM
From: Eric P  Respond to of 1729
 
As you point out, no 'system' can be successful for long without the input and oversight of a trader. I fully agree with this. Anyone experting this platform to simply be a 'money making machine' without any need for knowledge or work on their behalf is dreaming. Daytrading requires knowledge and experience to improve one's skills and results. This platform provide the tools needs to consistently implement and refine a traders system.

Actually, that is why I like to refer to it as a trading 'platform' not a trading 'system'. The platform I am developing merely enables a trader to continue using their exact same entry/exit rules, only with the ability to do it much faster, more consistent and with the ability to monitor a much broader universe of stock candidates.

-Eric



To: CountofMoneyCristo who wrote (594)6/28/1998 11:58:00 AM
From: funk  Read Replies (1) | Respond to of 1729
 
Goldfinger you can create key board entries in real tick.

also you can adjust your order entry system so that all your "rigamarole" is about a second.

for starters right click on the lower part of your Market Maker window ( the colorful area that shows all the tier levels, then select order entry properties, then select options, then un-check order confirmation. That move right there is going to disable the little pop-up box that asks if you really really want to make the trade. <ggg>

you have to make that adjustment every morning.

There are other things to do too. RTFM.

good luck, by the way that was a great call on ELCC, what is it de-listed now?

funk