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

To: William W. Dwyer, Jr. who wrote (1257)	9/13/1998 4:14:00 AM
From: mr.mark	Read Replies (1) \| Respond to of 7382

"The quality of your connection to the ISP, the telephone network, many things can adversely effect performance on any given day." bill, i'd like to add to this very good point of yours, by passing along a fine strategy i picked up from some good traders in #daytraders. it's a good idea to have 3 isp's if possible, all with different network backbones. that way the trader virtually assures him/herself of getting online if there's probs with mci or att or sprint, etc. i now have a recently installed cable modem and 3 dial-up isp's to fall back on. i may drop one of the dial-ups, but at $20 a month...i can afford to see who is giving me the most reliable connection over time. the technology is definitely imperfect, and a degree of finese does begin to enter into the equation when you're trying to get it all to run seamlessly :) happy trades, mr.mark

To: William W. Dwyer, Jr. who wrote (1257)	9/13/1998 1:00:00 PM
From: funk	Respond to of 7382

What a great post. I agree with all of it. Never thought I would say that before. lol funk

To: William W. Dwyer, Jr. who wrote (1257)	9/13/1998 3:12:00 PM
From: Nazbuster	Respond to of 7382

Bill, Thanks very much for your feedback. I've only been at this for 3-4 weeks, and then only in the mornings before going to work. I avoid the 1st 1/2 hour or better. I've selected high volume issues during some incredibly volatile times. I suspect these conditions, coupled with a non-integrated trading platform (internet order separately filled out), have distorted my experience and ability to understand "normal" trading days. Even still, I'm pleased with my "instincts" and ability to apply all the TA reading to the intra-day patterns, even though my "mistakes" have me in a net loss position for the period. (My previously mentioned 9-minute market order destroyed the prior 3 weeks.) After 2 or 3 attempts to place an order at the inside market or better and not having it get executed, I have concluded that it is essential to have an execution system that does not interfere with a trade. It is hard enough to develop an objective trading strategy; Not being able to execute instantly makes it impossible to evaluate a strategy's effectiveness and to fine tune it. Thanks again for letting me know your experience with CT.