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Joel Parker's review

  #55 (permalink)

Trading Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker/Data: AMP, S5, IB
Favorite Futures: ES
Jigsaw Trading's Avatar
Posts: 2,929 since Nov 2010
Thanks: 806 given, 10,142 received

bluemele View Post
The tool you created is pretty cool I have to admit and hopefully something they will automatically program in as it is very very useful!

Well - I obviously hope they don't! As a Ninja partner I am hoping they don't jump on the idea If other platforms do - I will be quite flattered. From the start, I didn't got the patent route as this was supposed to be a fun sideline, not a reason to spend time with lawyers. As such - I have to live with people copying it.

There's a 3rd product being worked on right now & then a 4th for spread traders. I think these are the ones that will most likely get copied.

As a rule, I just don't think that many people are interested in time & sales. it's a niche.I don't think many platform providers would bother. Mostly people want something represented graphically.

Also - look at what scalpers focus on - it's mostly the order book with a little focus on the trades going through. I think this is backwards - I think it should be 90% flow of trades and 10% order book but reading the flow of trades through time and sales requires rare skills in my opinion.

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