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


To: LiveWire who wrote (1447)10/10/1998 10:23:00 AM
From: Captn  Read Replies (3) | Respond to of 7382
 
Steve... Hi, It seems that you have some investing, trading, computer, software, and RT data experience that I would like to tap. I am starting to consider getting into day trading and am beginning to look at desktop systems. Can you give me any generalized recomendations as to minimum or middle of the road level on system components and specs? For instance processor speed, what's good? Ram, what's good? monitor(s) screen size? cards?, etc. It appeasr that for starters I'll be using a standard phone line, and am most impressed at this point with MBT and Realtick III. Also I am looking for some tool to help me find plays, like First Alert, Stock Wizard, or MBT's Weasel. Have you any experience or suggestions in this area? I am others here could benefit from some discussion of equipment and software as well. Or maybe you would prefer to recommend someone or another resource for me to check. I will pass along my warm thanks in adavnce, and will look forward to your thoughtful response.



To: LiveWire who wrote (1447)10/12/1998 9:25:00 PM
From: Jim Jones  Read Replies (4) | Respond to of 7382
 
There appears to be a software bug with RealTick. Assume for example,
that you have placed an order to buy 1000 shares of a $10 stock. Also assume that you have $10000 buying power at the beginning of the day. Your margin requirement should be $5000 leaving you with $5000 worth of buying power. While your order is pending, and after your order is executed, your buying power should remain at $5000. I have discovered, however, that while the order is live, your buying power decreases by 100% and not 50% of the transaction amount. In the above example, then, you would have 0 buying power and would be unable to execute any other trades while your order was live. You do not have any buying power until the order is executed or cancelled.

Has anyone else experienced this problem?