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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade -- Ignore unavailable to you. Want to Upgrade?

To: Robert V. Cavaleri who wrote (1704)	12/14/1998 12:16:00 AM
From: Glenn	Read Replies (1) \| Respond to of 2120

I use DLJDirect currently. Why cant you use the same modem to get to both your broker and SI etc at the same time? I do this all of the time. I dont think a passive system like SI will put a load on the modem. I also think 56 is fine for systems like dlj, but I suspect it might not be good enough for realtime anything. I normally connect to dlj, microsoft investor, and SI all at the same time. On top of that, I run other software programs such as word. Glenn

To: Robert V. Cavaleri who wrote (1704)	12/14/1998 12:17:00 AM
From: Bill Green	Respond to of 2120

Robert You can quite safely surf the web and run your data feed at the same time, but in a fast market it's best to leave all your bandwidth for your trading. i.e. Don't try to read SI at 9.30 am EST <gg> Good luck Bill

To: Robert V. Cavaleri who wrote (1704)	12/14/1998 1:53:00 AM
From: Tim Luke	Respond to of 2120

i use my super dell on adsl for trading only and my other PC on a 56k for SI,news ect,.

To: Robert V. Cavaleri who wrote (1704)	12/14/1998 12:01:00 PM
From: just bearly	Respond to of 2120

Robert, I use Web Ramp which bonds three 56k modems together, giving me a speed of about 128k. You have to have three separate phone lines for each modem.I am able to run Cybertrader, cyberchat, mIrc chat, SI and AOL all at the same time. PM me if you would like more specific info. on it. However, after reading the other posts it sounds like it isn't a problem to just use 1 56k modem. Sincerely, Tara

To: Robert V. Cavaleri who wrote (1704)	12/20/1998 8:35:00 PM
From: Roman S.	Read Replies (1) \| Respond to of 2120

re: 56k modems. Just wanted to add my 2 cents on this subject, though it's a little late. I was using 1 56k modem getting rtIII info from PC quote and 2 browser windows open, 1 for Yahoo and the other to my broker NDB. I found that trying to get an order in during the first 5 minutes of the market open was terrible because of all the incoming data pretty much taking up all the bandwidth. Then I tried using 2 computers with 2 56k modems on 2 separate lines, hoping to alleviate that problem. It got better, but to me it still seemed a little slow. Finally, I figured the extra $400 bucks to go with ISDN is the profits on one good trade. And I don't regret it one minute. 1) Now I don't lose any packets of data. 2) I was in on a trade Friday within the first 15 seconds of the market open, with as close to the open price as you could get. 3) I see executions of my trades (market orders) go thru within 3-4 seconds of hitting the 'submit' button. If you are serious about daytrading, don't skimp on the equipment. Having the fastest connection, up to the second self updating quotes, and a fast broker are all the foundation on which you build your winning trades. Costs: US Robotics ISDN modem $190 Telephone line hookup $140 + 30/month service (Chicago, IL) ISP Account $25/month for 100 hours (3.50 each additional hour over 100. Currently looking for one that has unlimited access for this price.)