Execute trade without nervous mouse click

Discussion in 'Trading' started by stvee, Jun 13, 2003.

  1. +++++++

    I am aware of my feelings while trading.

    Pay much more attention to working the trading plan + price than my feelings.

    :cool:

    Sounds like a smart idea for some;speech comanded trading.
     
    #11     Jun 14, 2003
  2. rfoulk

    rfoulk

    The mouse is good for many things. But the keyboard is much better
    for fast, reliable, high-stakes trade control.

    Most specialized, scalper-specific software is keyboard oriented. It's
    much faster and much less error-prone.

    A two-year-old can accurately press a selected key on the keyboard the
    first time. Mastering the mouse takes extensive practice.

    I can hit a tennis ball with reasonable accuracy. Given the repetitive task of
    placing balls in a bucket, I would rather stand next to the bucket and drop
    them in. Especially if accuracy confers a monetary reward. It's better to
    be correct rather than stylish when money is at stake.

    Repetitive tasks, such as trading, attract errors. Every tool and technique
    employed to reduce those errors will pay dividends over time.

    Many view keyboard-control as clunky and old, so many broker programs
    don't support it. Fortunately, the better one's do.


    Richard
     
    #12     Jun 16, 2003
  3. #13     Jun 16, 2003
  4. #14     Jun 16, 2003
  5. Foz

    Foz

    *laugh* That's great!
     
    #15     Jun 16, 2003
  6. cashonly

    cashonly Bright Trading, LLC

    You're actually using voice recognition?

    I worked with some very good software for a while and was not able to get it to work satisfactorily.

    Just think, even if you get 99% successful recognition. That 1% can cause you to:
    buy or sell the wrong stock
    enter the wrong price
    Enter a market order when you wanted a limit order

    All that much more power to you if you have voice recognition that works 100%!

    Cash
     
    #16     Jun 16, 2003