Tradestation: The good, the bad or the ugly?

[brownsfan019]

Tim - OEC does now have tick and volume charts as an available setting on their charting. If I may say so myself, the volume setting was a suggestion that I highly recommended to them.

No time and sales currently. That's on my list as well.

[timokrates]

	Quote:	Hlm
	Infinity data is FREE. You can trade through the their DOM without having the charting service. As for the instruments you can trade, they have the standard futures. (ER2, ES, DAS, ESX, NQ, YM). So yes, if you are looking for only one broker that can do all (more than futures) Infinity will not suite your needs. It's the charting that cost money and I have never used OEC's charting so I can't compare. However, this is why I stated that many people trade the min amount with TS and do the rest of the execution through another broker. I personally believe that any serious trader should have two brokers anyway. For example, trading with TS and Infinity gives you free charting (with TS) and fast execution (with Infinity) while being able to trade anything you want while hedging some connection or data feed risk with two individual brokers.

Thanks, that sounds good.

Does anybody know if it's possible to use NT (which is free for charting I believe) in combination with Infinity, so that you only have one account?

[Sparrow]

I can't say for sure but Infinity is supported by NT, and the option to purchase/lease it for execution with them is not available.

That's why I think they have some sort of deal with them.

The platform I would most love to evaluate/use is NeoTicker, sounds pretty sophisticated but NT is my best option at the moment.

[Sparrow]

I think Mirus Futures includes ZenFire+NT in their service. I'd have to contact them for details though, also no idea how competitive they are.

[timokrates]

Thanks Sparrow,

I demoed Ninja trough them. Not bad, but as mentioned before I have some trouble with NT because it's very system consuming.

In general I got the impression that NT contains some good ideas, but it seems to be a bit beta...

Grüße aus Köln nach Wiesbaden btw

[timokrates]

After clicking some banners I have to ask if anyone has some experiences with MultiCharts?

Is it an exact copy of Tradestation?

If possible maybe Infinty and MC would be an option...

[thrunner]

	Quote:	timokrates
	Is it an exact copy of Tradestation?

No. It has gotten a lot better with 2.1 (but also >2x more expensive as well from $399 I believe to $899), but automation trading is quite limited and there are no radar screen and DOM.
The good news is that most indicators will run without much alteration, even some of the bid/ask transient data type indicators. The question you should ask yourself is what type of trader are you and what type of charting and data feed do you need?
You can get a 30 day free trial of MC here: http://www.tssupport.com/support/downloads/

[brownsfan019]

I've liked MC for awhile now. I was using that before OEC's charts got better.

One nice thing for OEC customers is that you can plug their data into MC, so you still get that free data to use.

[AbeSmith]

TS has excellent charting, and for 10 roundtrips per month you get it for free. But the YM data is $55, and the order execution is slow.

I spoke to a TS representative some weeks ago and he said very soon they will have a demo version of TS. That was my biggest complaint about TS, is that they provided no demo. I lost some money on account of that. But if that is fixed then the next biggest complain is poor execution. Infinity is the way to go with that, and also IB. Though customer service at IB is the worse I have encountered.

[Sparrow]

	Quote:	timokrates
	Thanks Sparrow, I demoed Ninja trough them. Not bad, but as mentioned before I have some trouble with NT because it's very system consuming. In general I got the impression that NT contains some good ideas, but it seems to be a bit beta... Grüße aus Köln nach Wiesbaden btw

I agree with you about NT, although imo resource consumption isn't that bad, at least if you have your computer dedicated to trading.

It's good enough to satisfy most of my very specific needs: free with data from MB, convenient to program and pretty.
But it is clearly not as advanced as some of the competitors and isn't rock solid but stability is ok.

QuoteTracker is another interesting platform, it doesn't have the bells and whistles but I've seen people rack up serious profits with it.

Good luck und Grüße zurück nach Köln