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Old 01-09-2008, 12:55 AM
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Question Trading for the least amount of money

Hi everyone,

I recently had to step away from trading for the last 4 months. I wasnt able to continue due to the cost of charting and other trading expenses. I know ninja trader has charting for 50 bucks a month but i dont know where u could get a cheap data feed.I would love to be able to get back in the game but cant afford 150 bucks a month for the charts. Does anyone know a cheap start up for charts. I would open a tradestation account but dont have the capital right now. I mainly want to get back to testing my ideas and sim trading.

cheers
zentrader

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Old 01-09-2008, 01:10 AM
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Re: Trading for the least amount of money

How about Sierra charts? I find their platform inferior but the price is extremely cheap. You should look into it.

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Old 01-09-2008, 03:02 AM
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Re: Trading for the least amount of money

Isn't the data feed included if you use Ninjatrader with the typical brokers.

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Old 01-09-2008, 04:14 AM
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Re: Trading for the least amount of money

Are you trading futures? Open ECry includes data/charting in their platform - costs nothing for access to their platform.

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Old 01-09-2008, 08:42 AM
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Re: Trading for the least amount of money

Ninja only costs money if you want to trade real money with the chart trader/super DOM. Its free for charting/backtesting/sim.
You could try that with opentick. That would essentially be free but you get what you pay for data quality wise with them. DTN iq you can get for 55 a month if you just stick with spy/qqqq, 75 or so if you want cbot emini data.

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Old 01-09-2008, 09:00 AM
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Re: Trading for the least amount of money

CBOT e-mini data is no longer free, that offer ran out last month but opentick is still very cheap compared to other data services.

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Old 01-09-2008, 10:42 AM
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Re: Trading for the least amount of money

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Are you trading futures? Open ECry includes data/charting in their platform - costs nothing for access to their platform.
BINGO!

Open a small account at OEC and charting with all the data you could possibly want is FREE to customers. Now, I am guessing that they will want to see some sort of trading at some point, but even if not I believe it's $25/mo.

I think you'll be hard pressed to beat that.

And to top it off, it's good stuff! Even though free, better than what I was previously paying $500/mo for...

Send me a PM with any specific questions on OEC if you'd like.

http://www.openecry.com/

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Old 01-09-2008, 10:43 AM
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Re: Trading for the least amount of money

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DTN iq you can get for 55 a month if you just stick with spy/qqqq, 75 or so if you want cbot emini data.
I had a very bad experience with DTN when plugging their data in MultiCharts. Could be an isolated incident, but just an FYI.

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Old 01-09-2008, 12:55 PM
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Re: Trading for the least amount of money

Thanks everyone. I am gonna try open tick with the free ninja version. Hopefully it wont cost me a penny/

cheers
zentrader

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Old 01-11-2008, 08:56 PM
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Smile Re: Trading for the least amount of money

Just wanted to follow up on the subject

I went to open tick and they still provide free data for the ym. Ninja trader also provides a free version that has charts. So basically u can have the whole setup for free. I know opentick charges for some of the other symbols but if your cool with just trading the ym its free. And free is fabulous.

Thanks evveryone

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