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Ninjatrader Lifetime uses if no money in account


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Ninjatrader Lifetime uses if no money in account

  #1 (permalink)
Los Angeles, CA/USA
 
Experience: Beginner
Platform: Thinkorswim
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Posts: 2 since Dec 2018
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Ninjatrader Lifetime uses if no money in account

Hello,

I have a ninjatrader lifetime license but have moved all my money to my other broker accounts as I didnít
didnít like having to pay to withdraw funds and I personally experienced a lot of platform lag on my desktop.

At this time Iím not going to re-fund an account with them.

Is there any use I can get out of the platform even though I have no funds there and will not be paying for data? Iím pretty disappointed and should have done better due diligence before shelling out the $1000 to buy the platform.

Originally I had used AMP as my futures broker and thought I would be paying way less in commissions if I bought the lifetime license (definitely misunderstood the lifetime rates) and was told that Phillip capital was rolling out an ach withdrawal feature in early Q1 2020 (this was back in December 2019). Of course now the talk is the feature is indefinitely TBD if not scrapped altogether.

Just trying to see if theres any standalone use cases for the nt8 lifetime platform...



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  #2 (permalink)
Nashville, TN
 
Experience: Intermediate
Platform: TOS + NT
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Trading: NQ, CL, eminiRussell +
 
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The platform can be used for strategy evaluation and backtesting., etc., but only with EOD data if you donít have an account with the Ninjatrader Brokerage. And you donít have to buy the platform to get this either.

If you fund a Ninjatrader account with $400, you can get live, streaming data on SIM. Just donít log into your account for LIVE trading, or you will be charged if you donít trade. Simply use SIM. Itís unlimited in use - at least for now. Thatís a decent deal.

Your other Brokers might offer NT also. If you are having lag problems on your computer, you may have to upgrade the RAM or purchase a new rig.

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  #3 (permalink)
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sream93 View Post

Is there any use I can get out of the platform even though I have no funds there and will not be paying for data?

One thing you can do is use it with Replay data. If you're not familiar with the function, you can download market data on your computer and replay it at will.

Normally you do this directly within NT if you have a data subscription but it is also available elsewhere - Assuming we're talking about NT 8, I have a few years of Replay data for CL and a few ES replay files available for free to Elite users to download in the Downloads section.

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  #4 (permalink)
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sream93 View Post
Hello,

I have a ninjatrader lifetime license but have moved all my money to my other broker accounts as I didnít
didnít like having to pay to withdraw funds and I personally experienced a lot of platform lag on my desktop.

At this time Iím not going to re-fund an account with them.

Is there any use I can get out of the platform even though I have no funds there and will not be paying for data? Iím pretty disappointed and should have done better due diligence before shelling out the $1000 to buy the platform.

Originally I had used AMP as my futures broker and thought I would be paying way less in commissions if I bought the lifetime license (definitely misunderstood the lifetime rates) and was told that Phillip capital was rolling out an ach withdrawal feature in early Q1 2020 (this was back in December 2019). Of course now the talk is the feature is indefinitely TBD if not scrapped altogether.

Just trying to see if theres any standalone use cases for the nt8 lifetime platform...



Sent using the futures.io mobile app

I'm sorry about your buyer's remorse. But I did want to let you know that Phillip Capital does have ACH transfers. Cannon Trading clear's through Phillip Capital and we have been able to set up our clients with ACH transfers. You may want to check with your broker again. If not we do offer ACH transfers with Phillip Capital

PM with any questions about Cannon Trading (800) 454-9572 (310) 859-9572. Trading commodity futures, forex and options involves substantial risk of loss. The recommendations contained in this post are of opinion only and do not guarantee any profits. These are risky markets and only risk capital should be used. Past performance is not necessarily indicative of future results.
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