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


To: Rick Faurot who wrote (1592)10/27/1998 9:20:00 PM
From: William W. Dwyer, Jr.  Read Replies (1) | Respond to of 7382
 
Rick,

No, I have never seen CyBerTrader shut down. But I am sure it could happen and probably will one day. They seem to have taken a lot of precautions to prevent it. Time will tell, but I don't think any of us can realistically expect any such sophisticated technology to work perfectly 100% of the time.

Regarding bede, I am sorry if you feel I am coming on strong with him. The only reason I have said anything to him is because of the inaccuracies sprinkled throughout his posts and his attempt to disparage CyBerTrader for some reason. I don't think you can find anywhere on S.I. where I disparage M.B. Trading, and I know I can show you many examples of where I have, in fact, said good things about it. If bede would defend or retract his untruthful comments, which he disguises as "objective comparisons," I would have no problem with him. But, like most of us, I have a serious problem with anyone who does not tell the truth, which is the case with bede.

I do believe that bede really doesn't know what he is talking about and it is a shame that some folks here might incorrectly assume that he does. That is where the damage occurs.

As far as a discussion of the differences between MBT and Cyber, I don't want to take up any more space on this good thread with my observations in that respect. I would never have said a word, frankly, had bede not made several significant misrepresentations, which, you might notice, he has yet to defend or explain. He knows he is wrong. Personally, I believe further discussion of the differences by me or anyone is somewhat pointless. We are all partial to whichever broker we use (to be quite honest about it), and most everyone has already made up their own minds anyway.

To anyone who feels I have been rude with bede, please accept my apology. And, Rick, I recognize and respect your right to disagree with me and I appreciate your thoughts on the matter.

Bill



To: Rick Faurot who wrote (1592)10/27/1998 10:00:00 PM
From: wily  Read Replies (2) | Respond to of 7382
 
Rick,

I'm glad you mentioned that about MB shutting down on volume spikes, because that is probably the biggest problem at Watley, and it is a little ironic, since you are probably going to want to be trading when everyone else is (i.e. when the volume is high). Customer Support usually blames it on someone or something else "Selectnet is down", "internet is having a problem today", "it was a problem with PC quote", but it doesn't take a genius to make the connection between trading volume and troubles. My guess is that if Bill Dwyer doesn't know about any volume-related troubles at CT, then they probably have the adequate bandwidth to handle busy days. Their site actually says this quite explicitly.

A few months ago Townsend came out with their revised version of Real Tick, which included new servers and a different network configuration for those servers. (The previous version was actually a beta). Reliability stepped up immediately and dramatically when that happened but, that really isn't saying much, if you knew what it was like before. It's been smooth sailing the last week or so but, as Bill knows from the PM I sent him, it hasn't been that long since my last horror story. Supposedly, last week, Watley increased their throughput from 3megs to 6. (Note, also, they've been advertising one month free data feed to try out the system--could it be this put extra stress on it?) I don't know how the Townsend system is routed--whether everything goes through Chicago or not. But it does seem like the Townsend houses have a lot of the same problems. That's why I would lean to CT if I ever made the switch.

Regarding discussing other brokerages on this thread--well, isn't that what this is for? The thread is not owned by MB, it is part of SI, and that's what SI is all about--finding out the truth. Seems pretty obvious...

wily