Webinar: NinjaTrader 8 preview discussion with Raymond Deux (CEO) - NinjaTrader | futures io social day trading
futures io futures trading


Webinar: NinjaTrader 8 preview discussion with Raymond Deux (CEO)
Updated: Views / Replies:16,277 / 68
Created: by Big Mike Attachments:9

Welcome to futures io.

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

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

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

Reply
 9  
 
Thread Tools Search this Thread
 

Webinar: NinjaTrader 8 preview discussion with Raymond Deux (CEO)

  #31 (permalink)
 Vendor: tradingcode.net 
The Netherlands
 
Futures Experience: None
Platform: MultiCharts, TradingView
Favorite Futures: ...
 
Jura's Avatar
 
Posts: 774 since Apr 2010
Thanks: 2,347 given, 661 received


Traderji View Post
Some feedback for Ray - I think you should allow users to code their own broker connections. The explanation you gave in the webinar as to why you don't seemed dubious. You said (to paraphrase) "we get a lot of requests from brokers to enable API access via Ninjatrader to their markets, but we don't because we don't want to connect to just anybody".

That is a silly argument. Ninjatrader is not in the business of selling brokerage, it is a software company. It would be a great feature which highlights NT strengths in enabling users to customize the software.

I can only conclude that it is for commercial reasons, that is Ninjatrader expects monetary compensation from the brokers for the access, either per connection via NT or ongoing cut of the user's brokerage fees. Which if true is disappointing.

Fully agree with what you're saying here Traderji.

I want to add to this that I never fully understood why trading software vendors are so apprehensive of adding new brokers if the users demand this. Yes, this might mean that untrustworthy brokers might be added to NinjaTrader, but is NinjaTrader capable of recognizing future PFG Best or MF Global-like brokerages? I thought they were programmers and not accountants.

Adding more brokers gives the users more freedom of choice, and might actually stimulate more users to use the broker which is, in their personal view, the best broker given their needs. With less broker connections available, we have to settle earlier since our broker of choice might not be available.

And more available brokers also heightens the value of the NinjaTrader product since there are traders, like me, who don't want to switch to other trading software if this means they have to switch trading accounts to a less reliable (financially and technology speaking) broker.

Reply With Quote
 
  #32 (permalink)
Elite Member
Amsterdam, The Netherlands
 
Futures Experience: Intermediate
Platform: Sierra, IRT, ToS, Ninja
Broker/Data: Stage 5
Favorite Futures: NQ
 
bob7123's Avatar
 
Posts: 588 since Oct 2011
Thanks: 109 given, 1,908 received


Traderji View Post
Some feedback for Ray - I think you should allow users to code their own broker connections. The explanation you gave in the webinar as to why you don't seemed dubious. You said (to paraphrase) "we get a lot of requests from brokers to enable API access via Ninjatrader to their markets, but we don't because we don't want to connect to just anybody".

That is a silly argument. Ninjatrader is not in the business of selling brokerage, it is a software company. It would be a great feature which highlights NT strengths in enabling users to customize the software.

I can only conclude that it is for commercial reasons, that is Ninjatrader expects monetary compensation from the brokers for the access, either per connection via NT or ongoing cut of the user's brokerage fees. Which if true is disappointing.

Once upon a time a little bird told me that NT will never admit it, but they get a cut on your turns.

This would explain a lot, including my eye rolling when there was also a claim that they are doing "more for less" because lifetime licenses are not going up despite inflation. Pleez.

To NT's credit, actually I think they should limit who can connect to them (and who should be able to claim they wrote solid connecting code) as there may be charlatans out there. Due diligence is required.

That said, their customers use their their software on the bleeding edge of capitalism, so I think they should be a little less opaque. We ain't idiots after all.

Reply With Quote
 
  #33 (permalink)
Elite Member
Gold Coast, Qld, Australia
 
Futures Experience: Intermediate
Platform: Ninjatrader, Metastock
Favorite Futures: Spot Forex
 
Posts: 13 since Jan 2013
Thanks: 34 given, 9 received

feedback


Hi Ray, thanks for taking the time to do these webinars, they are really great and certainly I cannot wait for the NT8 release. A couple of comments: I really liked the sound of the new 8 strategy wizard which you mentioned may be a dot release after 8, also I would be interested in paying for the stock replay you mentioned. Personally I wouldn't be interested in paying for single days unless they had some unique characteristics for that day or were black swan type events. Being able to subscribe or pay for a block (I.e. per month or date range) would be a more attractive option in my opinion.

Thanks again Ray!

Reply With Quote
 
  #34 (permalink)
Elite Member
Australia
 
Futures Experience: Advanced
Platform: NinjaTrader, Multicharts
Favorite Futures: Spot Forex, Gold, Silver
 
Posts: 176 since Oct 2010
Thanks: 114 given, 114 received


bob7123 View Post
To NT's credit, actually I think they should limit who can connect to them (and who should be able to claim they wrote solid connecting code) as there may be charlatans out there. Due diligence is required.

That is such a weak argument. Ninjatrader already has plenty of areas which are "unsupported". Have a look at their forums, tons of threads have NT support replying with "Yes you can do that with Ninjatrader but we don't support it. If you can make it work, good for you but leave us out of it".

They can easily apply the same policy to user-coded broker connections. Every time a user connects to such broker, make a popup appear which requires the user to acknowledge this connection type is unsupported and remove all liability for NT Corp.

Nah mate this is all about the money.

Reply With Quote
 
  #35 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
Thanks: 29,352 given, 83,231 received


Traderji View Post
Nah mate this is all about the money.

Luckily, you don't have to use NinjaTrader if you don't want to

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #36 (permalink)
Elite Member
Australia
 
Futures Experience: Advanced
Platform: NinjaTrader, Multicharts
Favorite Futures: Spot Forex, Gold, Silver
 
Posts: 176 since Oct 2010
Thanks: 114 given, 114 received


Big Mike View Post
Luckily, you don't have to use NinjaTrader if you don't want to

Mike


True, although would be really lucky if I could get a refund...

Reply With Quote
 
  #37 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
Thanks: 29,352 given, 83,231 received


Traderji View Post
True, although would be really lucky if I could get a refund...

So you didn't do a trial with the free version or verify your requested broker was supported before making your purchase?

Sent from my Nexus 4

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #38 (permalink)
Elite Member
Australia
 
Futures Experience: Advanced
Platform: NinjaTrader, Multicharts
Favorite Futures: Spot Forex, Gold, Silver
 
Posts: 176 since Oct 2010
Thanks: 114 given, 114 received


Big Mike View Post
So you didn't do a trial with the free version or verify your requested broker was supported before making your purchase?

Sent from my Nexus 4

Bought it when Interactive Brokers was my broker. Nine months later moved to other brokers with better pricing, data feeds, features & markets than IB however Ninjatrader does not support any of those so my $1500 purchase was rendered useless.

In the approx four years I have owned an NT license they have added only one new broker for forex, so not really holding any hope that I might actually get my money's worth again.

Happy with Multicharts for now with a much bigger and constantly expanding list of supported brokers.

Reply With Quote
The following user says Thank You to Traderji for this post:
 
  #39 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
Thanks: 29,352 given, 83,231 received


Traderji View Post
Bought it when Interactive Brokers was my broker. Nine months later moved to other brokers with better pricing, data feeds, features & markets than IB however Ninjatrader does not support any of those so my $1500 purchase was rendered useless.

In the approx four years I have owned an NT license they have added only one new broker for forex, so not really holding any hope that I might actually get my money's worth again.

Happy with Multicharts for now with a much bigger and constantly expanding list of supported brokers.

OK, well now we know your story and thanks for sharing.

- You purchased NinjaTrader knowing the list of brokers available at that time
- You later switched to a different broker that was not supported by NinjaTrader
- You are not happy that they don't support the broker

Your point has been made. Move on so as not to derail this thread further.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #40 (permalink)
Elite Member
NC, USA
 
Futures Experience: None
Platform: None Yet
Favorite Futures: Guitar
 
MrYou's Avatar
 
Posts: 403 since Jun 2011
Thanks: 618 given, 193 received


In regards to "more brokers support" I think (guess) the issue is that NinjaTrader is committed to a very good user experience and this requires developer resources from them and the broker. If there is not a truly committed development relationship between both companies then the user experience and reliability of the software can suffer.

FXCM is an example. Both companies committed to developing and supporting the broker connection, but last I checked, the historical data (at least with a demo) has a really bad performance issue. FXCM has admitted to me the slow historical data downloading problem is on their side, but when they will get around to fixing it who knows. A rep said he would contact me when its resolved, but its been a couple months now.

Brokers set an order of development support priorities to software which is most widely used by their customers. If NT is low on the list then their development relationship with NT is also probably low on the list thus creating a bad situation for NinjaTrader and their customers.

Reply With Quote

Reply



futures io > > > > Webinar: NinjaTrader 8 preview discussion with Raymond Deux (CEO)

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
BaBAR NinjaTrader IQFeed Backfill Application Discussion and Support bob7123 The Elite Circle 235 July 18th, 2017 05:02 AM
Webinar: A discussion with Raymond Deux, CEO of NinjaTrader - and the debut of NT8! Big Mike NinjaTrader 111 February 19th, 2013 12:59 AM
Webinar: NinjaTrader Advanced Topics with Raymond Deux, Oct 4 2011 Big Mike NinjaTrader 28 November 24th, 2011 11:35 AM
Webinar: NinjaTrader 7 Final Big Mike NinjaTrader 14 December 9th, 2010 09:19 PM


All times are GMT -4. The time now is 01:21 PM.

Copyright © 2017 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
Page generated 2017-12-14 in 0.14 seconds with 20 queries on phoenix via your IP 54.234.255.29