posted
1) Lowtrades does have Level II available for an extra fee.
2) the $3.50 commission with Lowtrades is for Registered QuoteTracker users placing the trades through QuoteTracker and does not have a minimum monthly trading requirement
3) QuoteTracker can also be used with ChoiceTrade TradeStream platform for Level I, Level II, charting, Backfill and full integrated trading: http://www.choicetrade.com/quotetracker.shtml
We have been around for almost 8 years and not once has there been a security issue (logins are not sent to us).
I would be glad to answer any other questions you may have on the matter or QuoteTracker in general
Posts: 46 | From: Austin, TX USA | Registered: Aug 2003
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quote:Originally posted by Jerry Medved: 1) Lowtrades does have Level II available for an extra fee.
2) the $3.50 commission with Lowtrades is for Registered QuoteTracker users placing the trades through QuoteTracker and does not have a minimum monthly trading requirement
3) QuoteTracker can also be used with ChoiceTrade TradeStream platform for Level I, Level II, charting, Backfill and full integrated trading: http://www.choicetrade.com/quotetracker.shtml
posted
Checked one of those links, withdrew this opinion:
quote:Ric Member
Member Rated: posted September 30, 2004 01:24 AM You're up late, I been trying to help best as possible. Had your product since May and its the first thing I look at when I go to the computer.
not to put Ric on the spot (he may have changed his mind since then, doh!), but that's pretty strong, coming from one of the very-best-and-trusted, most-loved traders here.
Judging from this? We could have a really strong discussion of trader-platform alternatives, for different budgets and different trading styles. Super. Thanks again, for dropping by as you do...
posted
Lets see, quotetracker is free but it has to be fed with data that costs $$ right?
Posts: 352 | From: Marietta, GA | Registered: Nov 2005
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posted
One problem I see with this system is the following.
Your trading style requires several thousand to be put into a play to make 50-100 off of little movement. A lot of the people on this board are either newbies or just don't understand the game. There are two situations that are difficult then. The first is a mental block a newbie would have at putting thousands into a play even if they have plenty of money to do so. Losing several hundreds to thousands is still losing several hundreds to thousands.
The second problem is if they get past the mental block, trading efficiently to get those few ticks can be easier said than done for most of the people on the board. But yes, 50-100 a day or per trade adds up quickly. Matt
Posts: 1504 | Registered: Sep 2004
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quote:Originally posted by permanentjaun: One problem I see with this system is the following.
Your trading style requires several thousand to be put into a play to make 50-100 off of little movement. A lot of the people on this board are either newbies or just don't understand the game. There are two situations that are difficult then. The first is a mental block a newbie would have at putting thousands into a play even if they have plenty of money to do so. Losing several hundreds to thousands is still losing several hundreds to thousands.
The second problem is if they get past the mental block, trading efficiently to get those few ticks can be easier said than done for most of the people on the board. But yes, 50-100 a day or per trade adds up quickly. Matt
Just posting some of the buys sell today... as an example on the 2 ticks tread.... It does required a a couple of thounsands a day... This was just a suggestions for the newbies daytrader...
they could have bounght 250K of rmdg this morning * 25 a ticks and sold ... less money is all relative...
Posts: 5120 | Registered: Jun 2004
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posted
I guess the two tick thread got delete... I dont know why... just showing what i am taking about here
Posts: 5120 | Registered: Jun 2004
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posted
i made decent money doing that and i m a newbie, then it thought it ll be wise to go with oil, i m down 50% overall, but it looks like it s boucing back, but know i need it to go up 100% to break even, sucksssss
Posts: 27 | From: florida | Registered: Mar 2006
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quote:Originally posted by Prdponce: they could have bounght 250K of rmdg this morning * 25 a ticks and sold ... less money is all relative...
After reading this thread I cooled my jets a bit. I did exactly what you said above with RMDG. Tried to buy 500k, got filled for 263k at .0015, sold at .0018 (of course it went higher). But, I made $80 and went about my day.
Posts: 2741 | From: Seattle | Registered: Feb 2005
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quote:Originally posted by Prdponce: they could have bounght 250K of rmdg this morning * 25 a ticks and sold ... less money is all relative...
After reading this thread I cooled my jets a bit. I did exactly what you said above with RMDG. Tried to buy 500k, got filled for 263k at .0015, sold at .0018 (of course it went higher). But, I made $80 and went about my day.
Get two or 3 plays like this each day time five in a week... it will add up...
The thing about this is that sometimes people get greedy and miss the selling, then you get stuck waiting for the rebound.. it is easier to sell on the way up than on the way down .... and it goes down fast...
Posts: 5120 | Registered: Jun 2004
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quote:Originally posted by Skyman: Lets see, quotetracker is free but it has to be fed with data that costs $$ right?
You do not have to use a datafeed that costs money. Most QT clients use their broker for the datafeed, in which case there is no cost for the data. For example, Ameritrade, optionsXpress, Interactive Brokers, etc.
QuoteTracker can be used for free, or registered. Registration gets rid of the ads, increases max # of days on intraday charts from 2 to 10 and removes the 6 month restriction on the dynamic historical charts (static historical charts - ProphetCharts and BigCharts - are unrestricted either way)
Posts: 46 | From: Austin, TX USA | Registered: Aug 2003
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It's owned by TD Ameritrade and is only $5 per trade. I've been using it for a long time now and am happy with it.
Posts: 2049 | From: Jax,FL,USA | Registered: Nov 2003
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posted
kt325ci - actually, I believe you can get that down to $3 per trade, if you pay a $50 fee (don't know if that is one time or annual). If you make more than 25 trades a year, would be worth emailing them about that. Also note that QuoteTracker has full integration with Ameritrade (works with IZone accounts too) - drastically faster and more powerfull than using the web site or their Java applets to trade.
Posts: 46 | From: Austin, TX USA | Registered: Aug 2003
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quote:Originally posted by Jerry Medved: kt325ci - actually, I believe you can get that down to $3 per trade, if you pay a $50 fee (don't know if that is one time or annual). If you make more than 25 trades a year, would be worth emailing them about that. Also note that QuoteTracker has full integration with Ameritrade (works with IZone accounts too) - drastically faster and more powerfull than using the web site or their Java applets to trade.
Hi Jerry
I see you got my e-mail...
That is what I like the most with one click you can see all you need the chart, news l2. and make a trade fast.... with a click of the mouse... another thing is that you have to refresh the page on the web base, to see if the order executed... in quotetraker the transaction monitor is dynamic... I can make a decision in less than 30 sec on news plays....
Posts: 5120 | Registered: Jun 2004
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posted
How do yall find the stocks that will go up a few ticks? Will quotetracker scan for them with my criteria?
Posts: 352 | From: Marietta, GA | Registered: Nov 2005
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But I have TD Waterhouse where each trade is 30 to buy and 30 to sell, so my ticks have to be 3 or more....
Dude I have TD ameritrade and I only pay $9.99 for every trade now
Posts: 798 | From: Malverne, NY, United States | Registered: Jan 2004
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posted
Member Rated: 2 Icon 1 posted May 18, 2006 03:58 PM Profile for Skyman Send New Private Message Edit/Delete Post Reply With Quote How do yall find the stocks that will go up a few ticks? Will quotetracker scan for them with my criteria?
DD and more DD
-------------------- Men lie......Women lie........numbers don't......... Posts: 526 | From: Atlantic city | Registered: Mar 2006
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posted
Does there have to be a certain level of volume to be able to sell 2000$ worth of stock quickly after a few ticks ? ? ?
Posts: 411 | Registered: Apr 2006
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quote:Originally posted by kkt6zv: Does there have to be a certain level of volume to be able to sell 2000$ worth of stock quickly after a few ticks ? ? ?
It is relative to the PPS, but you need to make sure you can sell it... The thing to look for here is for a little MOMO something that is running, buys comming in in bunches, and always have the sell order at the ready in case it turns around...
Posts: 5120 | Registered: Jun 2004
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quote:Originally posted by Skyman: How do yall find the stocks that will go up a few ticks? Will quotetracker scan for them with my criteria?
I can track up to 600 symbols, sort of MIcrocaptrade, with QT... one thing I do every night is scan for the most active stock during the day and add them to the list. Then I monitor sort them by # trades...
This is not my only trading Style I play news, bottom bounces and swing trades also ... This was only a sugestion for those that have not defined their own style and are new to pennies... if you are disciplined you will make small gains consistently... yes there will be somme that runs some more after you sell, in time you will identify those, but many time you will avoid the sickenning feeling of seeing your profit evaporate because you can nott sell when everyone start unloading, chasing the bid down...
Posts: 5120 | Registered: Jun 2004
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posted
i like that website also but would you share your screener requirements to find these stocks? i've been wanting to try that trading style cause i feel its a lot safer in these nervous times.
also--the two ticks thread moved to the 'hot stocks free for all' board thanks
Posts: 74 | From: dallas | Registered: Feb 2006
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posted
not to put Ric on the spot (he may have changed his mind since then, doh!), but that's pretty strong, coming from one of the very-best-and-trusted, most-loved traders here.tex; I haven't seen a post by Ric in a while, I miss his insights!
-------------------- ^..^ Posts: 3897 | From: New York | Registered: Jan 2004
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posted
Hi Jerry, I am looking specifically for otc and pinks.
Also, i am planning to start using lowtrades. But one thing that concerns me and i have to clarify with lowtrades is how the commisions are calculated for shares beyond 100,000. Or is it a flat rate if i go through the link provided earlier by you even after 100,000 plus?
Thanks for asking me. I started using QT for a week now. It is a great piece of software. Want to make use of it to a great degree. I am analyzing/shopping for a great broker and level II service.
Also i might do some nasdaq trades in the long run.
Lowtrades commissions - you would need to ask them about that. I do not keep up to date on the finer details of the commissions at various supported brokers
Lowtrades has Level II, but you would need to check with them about OTC/Pink support.
Posts: 46 | From: Austin, TX USA | Registered: Aug 2003
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