DIY trading programs, page-21

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    Struggling with the new look page...sometimes I think I am a blonde.


    I tend to agree with My ASX regarding data.  If you want to do this then you need to pay for the data stream.  Depending on what your platform needs to get into it [alga]rhythm will determine cost.  When you pay for data and make that commitment, check around in regards to the quality of what you are paying for.


    If you are looking for a free data stream then that suggests you are under-capitalised to me. You only get what you pay for in this world. That's why the  BOT traders pay a fortune for their data and even go to lengths of getting their computer closer to the ASX main frame distribution hub...every nano second counts - literally!


    Accept that we are small fish and pay for what you use in the style you use it is the short answer.


    An interesting quote from the SHM:

    "Self-automated algorithms can generate 150 trades in the blink of an eye and, unlike ordinary investors or even the big funds, have been given the ultimate privilege of plugging straight into the ASX's computer. They're the ultimate inside traders."


    NOTE TO MODS: Feel free to delete this post if I am not allowed to post a short quote from the SMH. 

 
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