Tradestation brokerage - futures io
futures io futures trading



Tradestation brokerage


Discussion in Brokers

Updated by tradingest
      Top Posters
    1. looks_one Leatherneck with 6 posts (0 thanks)
    2. looks_two jackbravo with 3 posts (5 thanks)
    3. looks_3 FastTrading with 3 posts (1 thanks)
    4. looks_4 iq200 with 2 posts (0 thanks)
      Best Posters
    1. looks_one kevinkdog with 3.0 thanks per post
    2. looks_two mattz with 2.0 thanks per post
    3. looks_3 jackbravo with 1.7 thanks per post
    4. looks_4 paps with 1.5 thanks per post
    1. trending_up 6,736 views
    2. thumb_up 18 thanks given
    3. group 12 followers
    1. forum 25 replies
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 100,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Tradestation brokerage

(login for full post details)
  #1 (permalink)
Minneapolis Minnesota
 
Experience: Beginner
Platform: Tradestation/ Interactive
Broker: Interactive Brokers/ Tradestation
Trading: Emini ES
 
Leatherneck's Avatar
 
Posts: 58 since Jan 2017
Thanks: 17 given, 11 received

Hello, I was wondering if anyone has any experience with tradestation brokerage. I've heard alot of horror stories. But I'm still really interested. Any feed back would be greatly appreciated

Reply With Quote

Can you help answer these questions
from other members on futures io?
StopLoss order canceled on every bar open
MultiCharts
Thinkorswim poor order execution?
Brokers
TOS script help - crossover with alerts - help please?
ThinkOrSwim
Scan by comparing SMAs within 5 mins
ThinkOrSwim
TOS Custom Implied Volatility Rank Watchlist/Scanner Column
ThinkOrSwim
 
 
(login for full post details)
  #3 (permalink)
SF Bay Area + CA/US
 
Experience: None
Platform: TS, TOS, Ninja(Analytics)
Trading: NQ CL, ES when volatile mrkts
 
paps's Avatar
 
Posts: 1,713 since Oct 2011
Thanks: 2,170 given, 1,697 received


been a tradetsation user for many years. each to his own. I also use Ninja for Order flow

we have @mattz on forums if you want to understand more on Tradestation.

Various users use different platforms. You should probably explore on your own and make the decision by yourself
Tradestation may have horror stories...but it would also have its good parts. Hence its important to make a conscious decision per ones experiences

cheers and best

Reply With Quote
The following 2 users say Thank You to paps for this post:
 
(login for full post details)
  #4 (permalink)
Market Wizard
Boca Raton
 
Experience: Advanced
Platform: Optimus Flow
Broker: We are a Broker.Optimus Futures, LLC
Trading: Futures
 
mattz's Avatar
 
Posts: 2,470 since Sep 2010
Thanks: 2,397 given, 3,673 received


paps View Post
been a tradetsation user for many years. each to his own. I also use Ninja for Order flow

we have @mattz on forums if you want to understand more on Tradestation.

Various users use different platforms. You should probably explore on your own and make the decision by yourself
Tradestation may have horror stories...but it would also have its good parts. Hence its important to make a conscious decision per ones experiences

cheers and best

@paps, I appreciate the mention! Happy and Healthy 2017 to you!

I agree with your sentiment about trading platforms, and I am not sure how to respond to someone who says "I've heard alot of horror stories" (?).

If someone has a specific question about services, execution, a technical issue I would be more than happy to address it. We have been jubilant with the service that TradeStation has given us and our customers. I have a rep inside TS that helps me expedite things and helps me set up customers. They are a good company, and we are happy to carry them as an FCM.

Thanks,
Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading.Past performance is not indicative of future results.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email support@OptimusFutures.com
Reply With Quote
The following 2 users say Thank You to mattz for this post:
 
(login for full post details)
  #5 (permalink)
Cleveland Ohio/United States
 
Experience: Advanced
Platform: Tradestation
Broker: Tradestation, DeCarley, others
Trading: futures
 
Posts: 2,774 since Jul 2012
Thanks: 1,425 given, 5,340 received

Tradestation is my platform of choice for developing, testing, automating and live trading futures strategies. It is not perfect, has some quirks, but fars surpasses anything else I have tried. I really on Tradestation heavily.

Follow me on Twitter Reply With Quote
The following 3 users say Thank You to kevinkdog for this post:
 
(login for full post details)
  #6 (permalink)
SF, CA/USA
 
Experience: Beginner
Platform: SC
Broker: Stage 5
Trading: ES, 6E, sometimes NQ, and occasionally CL
 
jackbravo's Avatar
 
Posts: 1,335 since Jun 2014
Thanks: 4,255 given, 2,379 received

I like tradestation a lot as an overall package. You don't have to worry about matching up a data provider with a charts package and brokerage. It's all wrapped into one. They have server-side managed OCO. You can also trade futures, stocks, options all from the same platform. I left them though, because they don't provide day trading margins for overnight trades, which is limiting for small accounts.

"It does not matter how slowly you go, as long as you do not stop." Confucius
Reply With Quote
The following 3 users say Thank You to jackbravo for this post:
 
(login for full post details)
  #7 (permalink)
SF Bay Area + CA/US
 
Experience: None
Platform: TS, TOS, Ninja(Analytics)
Trading: NQ CL, ES when volatile mrkts
 
paps's Avatar
 
Posts: 1,713 since Oct 2011
Thanks: 2,170 given, 1,697 received

thnx guys...maybe some of the stuff responded above helps the original poster. It maybe a tough choice for someone.

Will also pitch in what i really love about the platform

I use Ninja as some of the tools I use developed by myself/vendors need it for Order Flow & Tape. I love Ninja dont get me wrong as I can see Tape for a instrument very clearly. But I equally or more love Tradestation where I have Full market view using my customized Radarscreens or Customized Tape.

However i use some indicators which cannot really be found elsewhere that I use on Tradestation and will always have me hooked onto the platform ...some of them being the Heartbeat "aka Liquidity" of the market. I can look at Liquidity thru all instruments (Stocks, Futures, Forex) at any given time. Also I use some special software which show me Spikes in the Market which was developed when no other retail platform did Sub-second development. I also have various programs which are used to either read RTH or EOD Prints from Top Instruments & Bear Funds which are automatically transferred to my HDD via developed programs. These are some of the reasons for which I will will never be able to leave Tradestation. Yes it may have some flaws....but the developers of Tradestation have also put some very serious development time into it.

And lastly.... even some of the few free programs by Tradestation Labs cannot be compared as in I have not seen them being offered elsewhere. One can get very relevant information such as Pre-Market analysis...RTH analysis & much more info on crashes etc can be gleaned if one knows what is it being looked at. Ofcourse one needs to develop this on their own or tweak the free programs. This is free if you know how to work it. The amount of vastness and development of the platform can only be appreciated by some and by folks who may need it... just one such example is the following list which is readily available on various charts/radarscreens etc https://tradestation.tradingappstore.com/products/MarketBreadthScore/document/TradeStation_Calculated_Indices.pdf

Likewise Ninja also has its strengths...one can code extreme specialized cases of VPIN using Ninja (Volume Synchronized Probability of Informed Trades). Hence mentioned each user to his own.

cheers n goodluck

Reply With Quote
The following user says Thank You to paps for this post:
 
(login for full post details)
  #8 (permalink)
Market Wizard
Boca Raton
 
Experience: Advanced
Platform: Optimus Flow
Broker: We are a Broker.Optimus Futures, LLC
Trading: Futures
 
mattz's Avatar
 
Posts: 2,470 since Sep 2010
Thanks: 2,397 given, 3,673 received


jackbravo View Post
.... I left them though, because they don't provide day trading margins for overnight trades, which is limiting for small accounts.

Carrying overnight positions margins are determined by the exchange. You will have the same issue with every FCM.

Maybe you meant that don't apply day trading margins when the next session Globex session starts at 6 PM EST 5 PM CST (?)

Thanks,
Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email support@OptimusFutures.com
Reply With Quote
The following 2 users say Thank You to mattz for this post:
 
(login for full post details)
  #9 (permalink)
SF, CA/USA
 
Experience: Beginner
Platform: SC
Broker: Stage 5
Trading: ES, 6E, sometimes NQ, and occasionally CL
 
jackbravo's Avatar
 
Posts: 1,335 since Jun 2014
Thanks: 4,255 given, 2,379 received


mattz View Post
Carrying overnight positions margins are determined by the exchange. You will have the same issue with every FCM.

Maybe you meant that don't apply day trading margins when the next session Globex session starts at 6 PM EST 5 PM CST (?)

Thanks,
Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

Yea, that's what I meant, they do not offer day trading margins for the entire globex session....which other brokerages offer

"It does not matter how slowly you go, as long as you do not stop." Confucius
Reply With Quote
The following 2 users say Thank You to jackbravo for this post:
 
(login for full post details)
  #10 (permalink)
Legendary Market Wizard
Houston, TX
 
Experience: Advanced
Platform: XTrader and Cloud TT
Broker: Advantage Futures
Trading: Energy
 
Posts: 3,483 since Dec 2013
Thanks: 2,781 given, 6,552 received


As a clearing broker I have no issues with Tradestation, but will point out that they charge an additional fee (yes fee not margin) for positions held overnight.

As an executing platform (9.5), the fact that you can not enter a spread order to roll positions, is in this modern day and age, medieval! And since I'm complaining about lack of instruments, access to the Trade At Settlement would also be nice.

Reply With Quote
The following user says Thank You to SMCJB for this post:


futures io Trading Community Trading Reviews and Vendors Brokers > Tradestation brokerage


October 21, 2017


Upcoming Webinars and Events
 

Introducing Edge Pools: Prop Pricing Model w/Edge Clear

Jul 9
 

Every journal equals ten meals for the hungry

Now
     



Copyright © 2020 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts