I don't think new NT webinars even mention a date other than "it will definitely be out before end 2014". Not a mistype the guy said 2014.

This whole waiting for the next Ninjatrader version has soured me from the idea of upfront large payment for software. The vendor has zero motivation to innovate or keep your business. They already have your money.

You become a cost centre for them rather than a revenue stream and that's when things like waiting *four* years for the next version with new features or much needed improvements in functionality or methodology. To be fair though Ninjatrader has been extremely slack and lazy, most other companies are not this extreme.

I highly recommend from my personal experience and cost, that traders not already locked in should switch to something like Sierra Charts. SC are outstanding in releasing new versions with new features and improvements. They iterate rapidly and are exceptionally fast at addressing customer requests.

It comes down to the fact that their business model depends on you paying them a monthly fee to use their software. They need to keep their customers happy.

I paid something like US$1300 for lifetime NT in early 2010. It has basically remained static since then. No new brokers or headline features. Third parties like futures.io (formerly BMT) user downloadable mods have provided the innovation if any.

If I had bought a SC monthly subscription in Jan 2010, I would have paid ~US$220 per year. To date I would have paid around US$800 and have received far more in terms of new features, bug fixes, improvements etc. Not to mention $500 better off in the pocket too.


Disclaimer - I have zero commercial or any monetary interest in Sierra Charts or Ninjatrader. I am just a sole trader and this post is my personal opinion and advice to fellow traders.

This whole waiting for the next Ninjatrader version has soured me from the idea of upfront large payment for software. The vendor has zero motivation to innovate or keep your business. They already have your money.

I don't think new NT webinars even mention a date other than "it will definitely be out before end 2014". Not a mistype the guy said 2014.

This whole waiting for the next Ninjatrader version has soured me from the idea of upfront large payment for software. The vendor has zero motivation to innovate or keep your business. They already have your money.

You become a cost centre for them rather than a revenue stream and that's when things like waiting *four* years for the next version with new features or much needed improvements in functionality or methodology. To be fair though Ninjatrader has been extremely slack and lazy, most other companies are not this extreme.

I highly recommend from my personal experience and cost, that traders not already locked in should switch to something like Sierra Charts. SC are outstanding in releasing new versions with new features and improvements. They iterate rapidly and are exceptionally fast at addressing customer requests.

It comes down to the fact that their business model depends on you paying them a monthly fee to use their software. They need to keep their customers happy.

I paid something like US$1300 for lifetime NT in early 2010. It has basically remained static since then. No new brokers or headline features. Third parties like futures.io (formerly BMT) user downloadable mods have provided the innovation if any.

If I had bought a SC monthly subscription in Jan 2010, I would have paid ~US$220 per year. To date I would have paid around US$800 and have received far more in terms of new features, bug fixes, improvements etc. Not to mention $500 better off in the pocket too.


Disclaimer - I have zero commercial or any monetary interest in Sierra Charts or Ninjatrader. I am just a sole trader and this post is my personal opinion and advice to fellow traders.

This is an assumption on your part on how I run my business and it couldn’t be further from the truth. I am extremely motivated to innovate and keep your business. Customer happiness generates loyalty, word of mouth advertising and an opportunity to sell you something else in the future. We have been here ten years and plan to be around for decades to come. If I had a “take the money and run” approach, my business would have died a long time ago. We are feverishly working on NinjaTrader 8 (our next generation platform) and have been releasing details in the form of webinars here at futures.io (formerly BMT). I am sure there are features that we don’t have that cause prospects to select a competitive platform but so far, our business is strong and growing and we are on pace to have another record year.

Ray - CEO of NinjaTrader

@NinjaTrader: Your update cycle is far too long, that's what the overwhelming majority of your customers think. We can initate a poll here at BM. I have to invest a large amount of time to get the functions i need with custom programming or home grown tools. If i'm asking your support the default answer is "Beyond the scope of support". Lot's of errors i don't even mention to ask the support for.

I hope your next release will be a milestone in trading software history.

Koepisch

....We are feverishly working on NinjaTrader 8 (our next generation platform) .....

And the other thing is that there is a big difference between disliking a product and making a personal attack against someone's character. I think SC is a superior product as well, but Ray is stand up guy and I have seen nothing to suggest he is out to screw people over. The fact that he puts his face on his product, is active on the forums, and personally makes webinar presentations, speaks volumes to the level of concern he has for his product and customers. Consider do you know who the CEO of Sierra Chart is? I don't. Have you ever see the CEO of Sierra Chart personally answer forum posts or give a webinar presentation? I haven't.

This is an assumption on your part on how I run my business and it couldn’t be further from the truth. I am extremely motivated to innovate and keep your business. Customer happiness generates loyalty, word of mouth advertising and an opportunity to sell you something else in the future. We have been here ten years and plan to be around for decades to come. If I had a “take the money and run” approach, my business would have died a long time ago. We are feverishly working on NinjaTrader 8 (our next generation platform) and have been releasing details in the form of webinars here at futures.io (formerly BMT). I am sure there are features that we don’t have that cause prospects to select a competitive platform but so far, our business is strong and growing and we are on pace to have another record year.

Ray - CEO of NinjaTrader

Who said anything attacking any individual?

As paid customer of Ninjatrader (the company) I can't even make a criticism on the lack of any upgrades without being accused of attacking the character of the CEO? What the hell?

I hate this culture of mindless adulation.