Apr

16

There have been a number of posts on this web site over the years highlighting the importance of good equipment, and it is as important today in the markets as it always has been. Information, accurate information, is, of course, the most important type of equipment for the speculator. The hardware and software employed to deliver accurate information in the most efficient manner is also paramount. In an ideal climate, Hardware/Software is to Accurate Information as the Chicken is to the Egg. Or, is it the Egg to the Chicken?

But something has changed. The markets are always interesting - whether the day-to-day ranges are tight or like the last several months where ranges have expanded considerably. Information, the lack of accurate information, is the cause for the elevated vol. This is a problem that hardware/software can not fix.

I am reminded of Bar-B-Que. Good meat will always taste better when cooked on a high caliber grill versus a poor one. But, a bad piece of meat will always taste bad regardless of the grill.


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