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Old 05-08-2010, 12:06 PM
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Originally Posted by Saurabh View Post
:eek:

There is trading world, huge and enormous, beyond your charts.

About Newswire18

Hi Saurabh

Yes, world is big and beyond our charts. But as i said, if my strategy does not benefit in any way from this service, why should a individual trader spend some money just for the sake of pride? (maybe Institutional traders .. but for individual trader the notion of pride should not come in picture when spending that money)

Trading News is a part of how i trade. So your information was valuable to me. I need to do a check on the data provided by Newswire and see if it gives me a edge .... If it does'nt (or if the current alternatives work equally good) ... Why spend the precious dollars?

EDIT: Do you know how much do they charge individual traders?


Cheers.
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Old 05-08-2010, 01:10 PM
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Originally Posted by stumper View Post
Hi Saurabh

Yes, world is big and beyond our charts. But as i said, if my strategy does not benefit in any way from this service, why should a individual trader spend some money just for the sake of pride? (maybe Institutional traders .. but for individual trader the notion of pride should not come in picture when spending that money)

Trading News is a part of how i trade. So your information was valuable to me. I need to do a check on the data provided by Newswire and see if it gives me a edge .... If it does'nt (or if the current alternatives work equally good) ... Why spend the precious dollars?

EDIT: Do you know how much do they charge individual traders?


Cheers.

ya surely not for us as our scale do not permit such but there are algorithms/robots that trade news and for them bloomberg or reuters are a must.

and ya goofups too happends
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Old 05-08-2010, 01:33 PM
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Quote:
... my strategy...

that's what I said... MY strategy or YOUR strategy are way too minuscule in the universe of trading. The market is such a big place that even average fund managers can't claim their space of existence.
Quote:
Trading News is a part of how i trade.

directly or indirectly news events effect trading in all time frames
Quote:
If it does'nt (or if the current alternatives work equally good) ... Why spend the precious dollars?

yes, it's always up to us what suits our trading. But our opinion/perception has hardly any significance on how aggregate trading happens.

And again Bloomberg and newswire18 are not just about news but market data which includes corporate actions (Market data - Wikipedia, the free encyclopedia)

(edit) addind again http://en.wikipedia.org/wiki/Bloomberg_Terminal
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Last edited by Saurabh; 05-08-2010 at 01:36 PM.
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Old 06-08-2010, 12:14 PM
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Originally Posted by Saurabh View Post
that's what I said... MY strategy or YOUR strategy are way too minuscule in the universe of trading. The market is such a big place that even average fund managers can't claim their space of existence.

directly or indirectly news events effect trading in all time frames

yes, it's always up to us what suits our trading. But our opinion/perception has hardly any significance on how aggregate trading happens.

And again Bloomberg and newswire18 are not just about news but market data which includes corporate actions (Market data - Wikipedia, the free encyclopedia)

(edit) addind again Bloomberg Terminal - Wikipedia, the free encyclopedia

Hi Saurabh ,

Maybe we are going in circles. What is the point you are trying to Make?
I do understand that BloomBerg and NewsWire18 are beyond NEWS (your post was very informative as to what all data they do provide).

A individual can make decision to buy this if this service data gives him a edge in his strategy/plan. Else Its a waste just for prides sake. Thats what i was trying to say.

Regards.
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Old 06-08-2010, 02:06 PM
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Some experienced traders say, if ur strategy is based on bid ask data (delta), u need good data service. They say DTN IQ feed is the best in the retail relam. Blooberg is very good in that and costly, have low latency and nearly no missing ticks
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Old 06-08-2010, 02:25 PM
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I have a cousin who trades commodities, and uses bloomberg terminal for news. He trades mostly Gold and Crude, and is not based in India. He has that terminal for more than a decade now...... maybe more, as he says his father used that terminal right from the time when the news was sent as teletext, and when computers were not even there.

Though I suspect that he is mixing up the feeds as maybe 20 years back there was only reuters, maybe not bloomberg
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Old 06-08-2010, 07:11 PM
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Originally Posted by edakad View Post
Some experienced traders say, if ur strategy is based on bid ask data (delta), u need good data service. They say DTN IQ feed is the best in the retail relam. Blooberg is very good in that and costly, have low latency and nearly no missing ticks


top end product.IMO some traders here in Indi use that.
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Old 23-08-2010, 09:13 PM
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Originally Posted by edakad View Post
Some experienced traders say, if ur strategy is based on bid ask data (delta), u need good data service. They say DTN IQ feed is the best in the retail relam. Blooberg is very good in that and costly, have low latency and nearly no missing ticks

Does these DTN IQ and Bloomberg provides the Real tick by tick data of NSE or just the 1 second snapshots tick data.

If it is real tick data, then I think it requires some special hardware and internet arrangements for that... as the data is enormous, the basic 256 kbps type internet connection might not suffice for that, if your software is scanning/analyzing all the futures and active stocks in real time.
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Old 24-08-2010, 10:14 AM
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Originally Posted by frankTrader View Post
Does these DTN IQ and Bloomberg provides the Real tick by tick data of NSE or just the 1 second snapshots tick data.

If it is real tick data, then I think it requires some special hardware and internet arrangements for that... as the data is enormous, the basic 256 kbps type internet connection might not suffice for that, if your software is scanning/analyzing all the futures and active stocks in real time.

Sir,
Sorry for interruption !
I use 1 min data just to find where markets turn and trade on 5 min.I know
there are people trading on 1 min data. But when people talk on tick data I could not understand .
What is the purpose of Tick data ?
Just it would help analyse at the end of day or in live market ?
What type of analysis can be done with it ?
Please clarify
Thanks.
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Old 24-08-2010, 12:19 PM
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By tick data i suppose people mean, that all the ticks are relayed to the terminal, so that when the bar is formed, it is having all the info for that bar, and its not a snapshot.
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