Stage 5 Trading's Anthony Giacomin (Managing Partner) - Ask Me Anything (AMA) | Reviews of Brokers and Data Feeds


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Stage 5 Trading's Anthony Giacomin (Managing Partner) - Ask Me Anything (AMA)

  #4 (permalink)

Chicago IL/USA
 
Trading Experience: Advanced
Platform: S5 Trader
Broker/Data: Stage 5 Trading
Favorite Futures: ZN, ES, GC, FESX, Stocks
 
Stage5 Anthony's Avatar
 
Posts: 34 since Apr 2013
Thanks: 40 given, 40 received

S5 Trade Analyzer for the S5 Trader and NinjaTrader

Great question and thanks for sharing it on this thread @Big Mike! The S5 Trade Analyzer was developed by @FT71 and Stage 5 Trading so that traders can use the tool to hopefully help refine their trading strategies. We feel that the S5 Trade Analyzer helps traders highlight areas of weakness or strength by providing insight on traders executions. We feel that the theoretical average in the S5 Trade Analyzer is helpful when a trader is trading around a position, or scalping. For example, if a trader enters a trade with a long bias the theoretical average will allow the trader to visualize what his/her break even price is (not inclusive of fees - exchange, NFA, clearing) as the trader scales around the overall position. Positive scaling around a position, if done properly, is expected to favorably move the theoretical average away from the initial entry price to provide some cushion for the trade.

@OpalDragon - Unfortunately, the S5 Trade Analyzer is not available for purchase. It is free for traders who are members of the Stage 5 Trading Community. To become a member all you have to do is move your brokerage account to Stage 5. The S5 Trade Analyzer has been compatible with the S5 Trader for a while, but we developed it to be compatible with NinjaTrader so that more traders would have access to it. Stage 5 offers brokerage for NinjaTrader software through the CQG, Rithmic, and Continuum data feeds depending on a trader's needs. We also feel that the community environment of Stage 5 offers more value to traders using the S5 Trade Analyzer since FT is able to interact with traders via the chat room, webinars, homework sessions, etc about risk management and other trade related topics. Also, we have been quite impressed with the amount of work we have seen Stage 5 Traders sharing with regards to their statistics and studies.

I hope this helps. Please feel free to inquire directly for any questions you may have or how we can potentially help you fulfill your brokerage goals! Stage 5 - Contact

Anthony Giacomin
Managing Partner
Stage 5 Trading Corp.
55 W. Monroe Street, Suite 1190
Chicago, IL 60603
Tel/Fax: +1.312.896.9897 | 1.800.258.6675

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past performance is not indicative of future results.

Risk Disclaimer: Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. Past Performance is not indicative of future results.
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