Trading for the least amount of money

[thrunner]

	Quote:	zentrader
	cool with just trading the ym its free. And free is fabulous

You can do simulated trading/charting automation with NT/OT combo, actual live trading is not free with NT. For actual trading, you'll still need a broker, some of whom will supply a crippled/minimally functional NT for free with their 'free' data in exchange for commission.

[mister ed]

Is the YM still going to be free after the trading switches over to the CME?

[brownsfan019]

	Quote:	mister ed
	Is the YM still going to be free after the trading switches over to the CME?

I wouldn't hold my breath. I have nothing to base that on, but I do not believe the CME offers ANY data for free.... I doubt that will change here.

Who knows, maybe the YM traders will unite and revolt!

[newguy]

i dont understand, why dont you just sign up with a broker like mirus trading which i think provides you with free zen-fire futures data feed. Hell i am using their zenfire data feed now with only a demo account. Then all you have to pay is the 50 bucks to use ninjatrader. So you net net is $50 month total for ninjatrader + zen-fire feed, which is considered one of the better setup for futures.

[torero]

The most important point everyone seems to miss here is back fill. These are live feed which is excellent but to do some testing, you need some back fill when the internet or connection goes down. Unless I'm wrong, I couldn't find this answer in opentick website nor did I see non-data feed orgs covering this. What about IB?

[torero]

ok, looks like OT may have back fill.

http://www.opentick.com/index.php?ap...nt=market_data

I guess it's not a bad option.

[spyro]

hey

i make some test on OPENTICK and OPEN E CRY

and the results are diffrent

OEC have more NET VOLUME then the OPENTICK !!!


someone here found it too?

[justlurkin]

	Quote:	spyro
	hey i make some test on OPENTICK and OPEN E CRY and the results are diffrent OEC have more NET VOLUME then the OPENTICK !!! someone here found it too?

Yes, OpenTick does have less volume because it reports from individual exchanges. If not specified it reverts to some default (not recommended even on their site). In order to get all data across all exchanges that the product is traded you need to specify Exchange = @.
Essentially, a request for MSFT would end up looking like this @MSFT.

Check out their forums and exchanges page for more info. Also note as the @ symbol works in real time data, it is not supported for Historical backfills for the time being.

IB data is sampled data but you should get most/all volume, but probably not all ticks as they are aggregated. Their historical backfill is slow, but it is a one time hassle.

It all depends on what your needs are. You do get what you pay for (until OT fixes their end).

BTW, is there a way to request continuous contracts thru IB?

[spyro]

thanks for the answer

but im try to understand where i need to spcify the exchange = @

to change it but i cant find ...

if you can explain again please..

thank you very much

[CandleWhisperer]

Have you thought about opening a FOREX account? Almost all of them provide a charting package with free data for both real accounts and demo (simulated trading).

If you believe that a chart is a chart, then you can use the currencies to test and build your strategies. Of course, if you ultimately want to scalp the e-mini for a tick or two, this would not be the best way to build a strategy to do that. But if you are a swing/position trader, it should do.

I hate that I am going to say this, but if you're undercapitalized the Forex market is a great way to get started. The standard Euro contract is $10.00 a pip. Some brokers have mini contracts that are as little as $1.00 per pip. You could open an account for $200. All your data would be free, you charting free and you could still have a "real world" experience.

Before I get my head bitten off, I know the number one reason new traders fail is undercapitalization. But I am not going to tell someone they have to have $50,000 to start to follow their dream. It's their dream, and where they are at presently is where they are at. Far be it from me, a dreamer myself, to stamp on another's dream.

With that said, Some FOREX demo accounts never expire so you could test things out while you saved up money to trade for real.