Search results

Klaorman, I agree with Rtharp, do the demo through Echo for the platform. I have seen pictures of VTS on other people's sites, and it looks a little different. I know Echo works closely with Tim Zhu, they always have diferent beta versions they are testing, and we get updates all the time...

Tradecourse, I'm curious why you feel you cannot trade actively on it. How long ago did you trade on VTS? I was in Echo's Chicago office for a few weeks, and sat by a guy that was doing over 2000 trades a day on it. He would average 1,000,000 shares a day, sometimes a lot more. That guy...

Buttermilk, Is JC the guy you were referring to that will give it to you for free? Do you know of anyone who will give you source code for free, instead of just software? Big request, but I figure someone might have found someone. Thanks, Jim

Dustin, Took a look at the AB Watley site, at first I was a little excited. Then I saw this: http://www.abwatley.com/frames/frames_ep_flatfee_fees.html What's the deal? 1 and 1/2 cents (ECN fee) plus the "flat fee" for Instinet? I pay half that right now. And a 1/2 cent exchange fee...

Thought you guys should see this: Protrader put out a pretty definitive page describing the new rule, says it takes effect Aug. 27th. http://www.protrader.com/nl/07022001c.html -Jim

Here you go guys, Protrader put out a pretty definitive page on what the new rule entails: http://www.protrader.com/nl/07022001c.html -Jim

I agree with Sniper. I would choose Watcher over Redi. I also would choose Realtick over both of those. -Jim

Try First Alert, very good filtering package. Most of the traders at Bright trading and ECHOtrade use it for quotes, charts, and filters. Here's something pretty cool too. First Alert is coming out with some kind of an add-on module that will send trades for you based on the real-time...

My thougts are: If the computer were that good, they would hook it up to a fix engine and let it trade away. Not sell it's picks. I am skeptical of anyone who sells their stockpicking ideas. If they were that good, they would not want you to know their picks. That's my 2-cents. -Jim

It will be great to get this out of the AMEX! That specialist has become downright evil. I know it will still be listed there, but I don't know of anyone that would send an order towards that pig anymore. -Jim

This if from a previous post by myself. If you would have read the other posts about VTS you would get your questions answered: "VTS is a very good execution platform, and as I have been on it for over a year I have noticed that it continually improves and is a lot different than it was a...

Thanks Bryan. As you guys have noticed, I have always disclosed upfront that I trade with Echo, so you guys will know that I may be biased in some of the things I say, and that I may not know as much about the other firms. I have also said many good things about Lieber, one of Echo's...

AT Financial has good options data. http://www.atfi.com Hope that helps, Jim

Highly recommend Tony Oz's books, there are so many garbage daytrading books written these days, it is nice to see someone who actually knows what he is talking about. -Jim

I heard AB Watley is going to try a flat fee commission thing. I have no details about it. -Jim

Icarus, Same as you, just trying to help people make a more informed choice. That is pretty cool about Penson's private insurance, I didn't know about that. I wish I had an account that was bigger than $24.5 mil, if I ever do I'll let you know :-), I'll send a post in from Tahiti. What I...

Klaor, They helped me a lot. They can Netmeeting into your computer and do all the set-up and updates for you if you are having problems, they are pretty cool. I know with me, when I first started one of the Echo principals was on the phone with me for a couple hours walking me through...

I traded for a few weeks in an office with some Echo principals, I know they have had some experiences with the ex-Harbor principals. I think the story they told me was that the Harbor guy was going to the other trading firms afterwards trying to sell the Harbor trading software. I would be...

Sorry about such a long post (I didn't realize how long it was until I hit the submit button), but this was a big issue for me before I joined a pro-firm, so I did a lot of investigating. But still, do your homework on any firm, pro or non-pro, before joining. -Jim

Sniper and Icarus, I guess I would be the best to respond to this since I have been trading professionally for almost 7 years now. Out of all the firms who do this, one went down. Harbor was an accident waiting to happen. Ask anyone who traded there what the atmosphere was like at that...