[pbylina]

Whats so good about TT MD Trader? I see so many Pros using it. Why not just use NinjaTrader SuperDom with Time and Sales? Thanks.

[Tams]

Originally Posted by pbylina »

Whats so good about TT MD Trader? I see so many Pros using it. Why not just use NinjaTrader SuperDom with Time and Sales? Thanks.

I don't see any pro using it.

[pbylina]

Originally Posted by Tams »

I don't see any pro using it.

Sorry, I meant scalpers.

[Tams]

Originally Posted by pbylina »

Sorry, I meant scalpers.

I don't see any scalpers using it.

[pbylina]

Originally Posted by Tams »

I don't see any scalpers using it.

The Worlds most Successful Trader uses it: Paul Rotter - aka "The Flipper"

[Tams]

Originally Posted by pbylina »

The Worlds most Successful Trader uses it: Paul Rotter - aka "The Flipper"

other than he calling himself the most successful trader, I have never heard of him until now.

interesting quote from the page:

q: what has one to do if he wants to become a scalper?
a: he has to watch the order book for a very long time.

when asked for advice for the readers, Rotter says that everything can happen all the time, so you better have your toilet close to your trading desk.

[TheNegotiator]

Many, many intraday discretionary traders do use TT. Obviously given the number of different depth-of-market products available on the market, there are a good number who use other systems too. But TT is widely used because it is fast, stable and well designed.

[Tradewinds]

I never heard of Trading Technologies until this thread, and took a look at their site. It seems that their focus is on speed which is achieved through Multi-threaded architecture. They also have something called TTNet TM which provides a way to connect to your broker. It looks like it's a hosting solution.

Also, it states that you can, "Easily distribute trading screens around the world from TTNET hubs in Chicago, New Jersey, London, Frankfurt, Singapore, Tokyo and Sydney—" I'm not sure what any of this really means, so if anyone can explain it in simple to understand language it might be interesting. The Multi-threaded architecture, I'm assuming, has to do with how the software is set up to utilize the computers processor, and manage how the processing is done.

The TTNet seems like they have their own internet lines? Is this something like an ISP, like RoadRunner, etc.?

I guess it you had a big company with people needing to see the same trading screen in different locations, that's what distributing the trading screens means.

I don't know that they are trying to get small retail traders business. It seems like they are geared towards financial institutions and nationwide brokers.