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CYBERTRADER Know The Facts

An SI Board Since March 1999

Posts	SubjectMarks	Bans
18	3	0

Emcee: JDTrader	Type: Unmoderated

Introduction Compact

This thread is being formed to provide a forum for past, existing and potential clients of Cbyertrader to discuss the Cybertrader software, and Cyberbroker's perfromance freely.

I urge you to provide your comments, experiences, and suggestions without judging those of others. This thread's goal is to help all traders as a group to know all the facts in advance, and not when they have their money on the line.

The ultimate decision regarding the choice of software or broker is only yours to make. If you have any questions or concerns about the accuracy of the comments posted, contact cybertrader directly and find out for yourself. Nevertheless, I believe that by posting our concerns, personal experiences and facts we have learned while using the software, we can help each other to avoid making the same mistakes.

Attacking another's opinion or statements does not help anyone. Express your opinion freely but keep in mind that we are not here to judge or render our opinions about the author or the comments posted, but to discuss Cybertrader and Cyberbroker.

To initiate this discussion, I post some of the concerns that I have raised previously.

1. the historical chart never works
2. they don't provide info and chart on a number of major indices, including S&P
3. No news is available
4. I can't access the historical date from PCQuote to do my research at night though the company receives its data from PCQuote
5. System has a funny way of breaking down on days that the market makes a big upward movement and is perfect for big profits
6. The program does not provide for alarm and signal based on percentage of change
7. The daily hi/low and approaching hi/low is delayed between 4 to 5 minutes
8. The software does not allow you to take advantage of the liquiedity of the Island book and rejects your order, rather than immediately filling it when you send a buy order at a price above or equal the inside ask or a sell order at a pice below or equal to inside bid, which is what you may want to do when exiting timely is you goal even if you have to pay the premium price for it
9. No news is offered
10.There is a 28 to 30 seconds delay in index prices you receive; this has nothing to do with your modem or system; their index prices are not up dated continuously

Good luck to you all

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
18	Dear traders, As you have noticed, on line trading has become a very profitable	JDTrader	-	5/1/1999
17	JD your idea of a tape recorder is a good one. I also believe you should instan	Don Nestor	-	4/27/1999
16	Dear Friends, I apologize for not having been able to respond to each and ever	JDTrader	-	4/22/1999
15	<i>Please allow me to declare this wasted, useless thread dead.</i>	Dan Swartzendruber	-	4/5/1999
14	Please allow me to declare this wasted, useless thread dead.	William W. Dwyer, Jr.	-	4/5/1999
13	Hi, Sandy Good to see you again! I think you're right about JDTrader. Th	William W. Dwyer, Jr.	-	4/4/1999
12	Bill, I have spent the past few hours on the Cyber thread and here catching up	SandyB	-	4/3/1999
11	JD, there you go again!............ What is your point, man? What are you try	William W. Dwyer, Jr.	-	3/31/1999
10	Few facts that all of us should be aware of: 1. a number of companies doing bu	JDTrader	-	3/31/1999
9	JD, it will not be pleasant for you to alienate Dr. Risk. Trust me on this.	William W. Dwyer, Jr.	-	3/30/1999
8	JD, This thread is superfulous and whatever your issues they certainly could h	DRRISK	-	3/30/1999
7	Thank you, Sir! :-}	William W. Dwyer, Jr.	-	3/30/1999
6	You da Man Bill!!!!! Couldn't have said it better and nothing else to add!	Brentsky	-	3/29/1999
5	For further information on incorrect allegations by J.D. concerning CyBerTrader	William W. Dwyer, Jr.	-	3/29/1999
4	J.D. You continue to prove your ignorance. Despite your repeated failure to r	William W. Dwyer, Jr.	-	3/29/1999
3	For those of you who have had a chance to glance over my initial posting and ha	JDTrader	-	3/29/1999
2	J.D. I must take issue with you on your preamble to this thread. Many of th	William W. Dwyer, Jr.	-	3/29/1999
1	I strongly suggest that you read my initial posting and limit your comments abo	JDTrader	-	3/28/1999

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