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


To: Gary Korn who wrote (1045)7/26/1998 4:54:00 PM
From: Brentsky  Read Replies (1) | Respond to of 3216
 
Gary,

The CyberTrader System is incredible!!! I just had it loaded (via PC Anywhere) by the folks at Cyber. Trey, their tech support guy, gets an A+ for service and knowledge. He worked around my schedule and now I'm all loaded and ready for demo trading Monday. CyberTrader allows you to trade in demo mode and actually press keys and execute orders. Much better than just paper trading!

For my current skill level, the software is much more powerful than I need. However, I intend to utilize the full power shortly. The key to successful daytrading, IMO, is access to the best information possible so that you can make the best trading decisions. After all, this is the information age.

Some of the new features, for example, include alerting you before the stock hits a new high, a market view window, the Island book window and new order execution features (smart keys and faster execution)which are just as important as the information on the screen. I'm spending most of the day going over the software features and deciding which windows to use as a beginning stage. I'll need at least one 21" monitor (probably two) to set my trading station to it's fullest potential (when I'm ready).

The hardest part of daytrading (or the preparation up to daytrading) is getting everything from phone lines to computers ready. Finally settled on GTE as my ISP and have an ISDN line ordered for the first week of August. Spent more time than necessary trying to install all of the drivers under NT. My recommendation, unless you're a computer genius, why waste time on computer stuff when you could be reading a trading book instead. I spent $100 (labor)to have my system completely updated with 128K memory, the appropriate boards and NT installed. Well worth it!

Anyway, I'm real happy with Cyber so far. There are maybe one or two other firms which are comparable, but the main selling point to me, was the fact that Cyber develops their own software, which means they can develop new and better features faster as this new field of trading develops. Check their cyber-brokerage.com site for actual screen shots.

Good luck!!

Brent



To: Gary Korn who wrote (1045)7/29/1998 10:42:00 PM
From: Scot S  Read Replies (1) | Respond to of 3216
 
Gary or anyone else trying to figure out which platform to use.

For what its worth I have traded with Real Tick III and Cybertrader. They both are great systems, and both get the job done assuming you have a reliable connection. There are some things I like better about Real Tick and some I like better about Cybertrader, but these are just personal preferences on small things.

I am staying with and currently trade using Cybertrader/Cyberbroker because the service has been exceptional. In the beginning I called them with a lot of questions and greatly appreciated the personal attention and immediate responses. I still get the same great service today when I call. I sense that they are constantly striving to improve an already great product and who knows they may even program into Cybertrader some of the pet things I like better in Real Tick. At least with Cybertrader it is a possibility.

I am happy to have heard that the competition is getting better at taking care of their clients than they did when I was with them, but with Cybertrader it has always been good. In my opinion there really is no reason to use anything other than Cybertrader. If you do go with Real Tick then my advise is carefully check out the front end company who will be servicing your account and, make sure you get the best connection you can afford to the data servers they use.

Scot