[Octavian]

I am looking for a trading platform to start up on , as cheap as i can get it really.

I am going to be swing trading and day trading stocks and am going to start with 10 000 pounds initially when I start trading live. I need to be able to demo trade for a few months before hand. Ive heard good things about all of these platforms but am finding it hard to differentiate.

Am i right in thinking Ninjatrader is the cheapest but lacks some of the features the others have?

Open eCry boasted it had far more to offer than other platforms on its website , is this so?

Ive seen videos of Soultrader using tradestation and it looked straight forward and quick to use, but i havent found any price information on its website.

Basically, which would you recommend? sorry if this is a bit garbled

[Ninjatrader_Staff]

Originally Posted by Octavian »

I am looking for a trading platform to start up on , as cheap as i can get it really.

I am going to be swing trading and day trading stocks and am going to start with 10 000 pounds initially when I start trading live. I need to be able to demo trade for a few months before hand. Ive heard good things about all of these platforms but am finding it hard to differentiate.

Am i right in thinking Ninjatrader is the cheapest but lacks some of the features the others have?

Open eCry boasted it had far more to offer than other platforms on its website , is this so?

Ive seen videos of Soultrader using tradestation and it looked straight forward and quick to use, but i havent found any price information on its website.

Basically, which would you recommend? sorry if this is a bit garbled

Quite the opposite I believe, NinjaTrader is a feature rich application with over 300+ commercially available 3rd party add ons plus thousands upon thousands of user generated scripts. Attend any of our free live daily product training webinars to get a better idea of how NinjaTrader is different than the rest.

Webinar schedule - NinjaTrader stock, futures and forex charting software and online trading platform. Webinars and live training events.
YouTube channel - Includes recordings of our live training webinars plus additional contentn - NinjaTraderLLC's Channel - YouTube

[Tams]

Originally Posted by Octavian »

I am looking for a trading platform to start up on , as cheap as i can get it really.

I am going to be swing trading and day trading stocks and am going to start with 10 000 pounds initially when I start trading live. I need to be able to demo trade for a few months before hand. Ive heard good things about all of these platforms but am finding it hard to differentiate.

Am i right in thinking Ninjatrader is the cheapest but lacks some of the features the others have?

Open eCry boasted it had far more to offer than other platforms on its website , is this so?

Ive seen videos of Soultrader using tradestation and it looked straight forward and quick to use, but i havent found any price information on its website.

Basically, which would you recommend? sorry if this is a bit garbled

Ninja is the most powerful charting program you listed above.
It is also the cheapest to start out --- it is free.

Ninja also has the best in class educational program of any charting program on the market. They regularly hold webinars to teach traders how to use their program. And all these for FREE. What more can you ask for?

[TheNegotiator]

Depends what you want to use your platform for. There are features which you just can't get with ninja unless you are a programmer or are willing to pay money for the various add-ons via 3rd party developers or free code online. Ask yourself what you really need and then look at where you can get that. If you just want the basics to begin with, it's almost better not to worry about the platform initially and go with a good broker.

[Moyyim]

Originally Posted by Octavian »

Ive seen videos of Soultrader using tradestation and it looked straight forward and quick to use, but i havent found any price information on its website.

Hmmm.... the Homepage (tradestation.com) has a blue box marked "pricing"...Have you looked there ?

[Octavian]

Thanks for the feedback everyone!

i neglected to look at the software section for pricing for tradestation and now i have i may cross that from the list.




What would the difference be then between sim trading with Ninjatrader or a broker like IB?

Are brokers level 2? or is everything level 2 nowadays?

[FloorTrader]

I totally understand where you are coming from. It was a big challenge for me and here is how I went about it.

I used NinjaTrader several years ago and then got away from the markets for personal reasons. Getting back in was an eye opener for sure as many things changed. I figured I would just get restarted with NinjaTrader and found out there were some big changes. SIM is totally fake and can be manipulated with this Trend slider they have. Also, if you want to talk with someone you cannot, they are email only.

tradestation seems to be the most basic and intuitive right now and you can talk to a real person quickly. I like the fact that there SIM VERY CLOSELY resembles what is going on in the market. Very easy to use with a one click mouse ability to place oreder, set limits, and qucikly reset stops by clicking and dragging the mouse. Again I am saying basic as I was a former floor trader and do not wish to have all the 3rd party stuff.

Best to get a trial and really give it a go for at least 2-3 weeks and pick the one best for you.

[Ninjatrader_Staff]

Originally Posted by FloorTrader »

I totally understand where you are coming from. It was a big challenge for me and here is how I went about it.

I used NinjaTrader several years ago and then got away from the markets for personal reasons. Getting back in was an eye opener for sure as many things changed. I figured I would just get restarted with NinjaTrader and found out there were some big changes. SIM is totally fake and can be manipulated with this Trend slider they have. Also, if you want to talk with someone you cannot, they are email only.

tradestation seems to be the most basic and intuitive right now and you can talk to a real person quickly. I like the fact that there SIM VERY CLOSELY resembles what is going on in the market. Very easy to use with a one click mouse ability to place oreder, set limits, and qucikly reset stops by clicking and dragging the mouse. Again I am saying basic as I was a former floor trader and do not wish to have all the 3rd party stuff.

Best to get a trial and really give it a go for at least 2-3 weeks and pick the one best for you.

Your statements about NinjaTrader are inaccurate.

- You are confusing our "Simulated Data Feed" which has user adjustable trend control with our order fill simulation engine which uses live market data. Our simulation engine has been one of the more realistically modelled simulators since inception. Tens of thousands of users rely on it daily. More information here - Simulator

- To clarify further, our Simulated Data Feed is a great tools since users can control the trend to force the market in certain directions in order to trigger and test on demand their automated trading strategies. Can tradestation do this?

- Also, we absolutely provide telephone support. We accept support inquiries via electronic means and if a customer requests a call, we call right away.