Why would any reasonable person...

Discussion in 'Retail Brokers' started by trader963, Oct 8, 2002.

  1. pay for a charting program?

    Why wouldn't they just use a broker that offers it free to the customers?
  2. Quah


    Cause maybe there are no brokers that offer "it" free to their customers?
  3. xianokie


    Cause you get what you pay for.
  4. dbphoenix


    But then you may not need what you're paying for.

    The question is, what does one want the charting program to do, not how sophisticated is it.

  5. bone


    I pay $5500 per month for Aspen Graphics, Reuters News, Brokertec, Cantor E-Speed, CME/CBOT/EUREX/EuroNext Licenses, and of course my beloved Bloomberg. I must be an idiot. I should be getting this stuff for free. I'm looking for a wall to run my head into.
  6. sempai


    Now I feel better for "only" paying $600+/month for CQG. (It used to be more, but now I only get the CME).

    Seriously, I don't know how people can trade with the crap platforms they use. In various chatrooms, I hear people talk about data delays, feeds going down, bad ticks, etc. all day long. And what's with IB? They're horrible! I'm constantly reading about them going down and people still use them just to save a buck or two.

    Talk about penny wise and pound foolish.
  7. I guess what i'm saying is if you just need fast quotes and good charting the other stuff would be a foolish investment.

    There are decent firms that offer this, but people are willing to pay for products not knowing what's out there.
  8. I believe that QuoteTracker ranks amongst the best, and its offered for free.
  9. lawrence


    I am amazed when people won't pony up for a decent data feed. What you save in monthly fees you give up in monthly profits.
  10. Rigel


    Trading blind can cost you a lot of money.
    #10     Oct 11, 2002