NexusFi: Find Your Edge


Home Menu

 





The Cost of Ninjatrader


Discussion in NinjaTrader

Updated
      Top Posters
    1. looks_one KosherTrader with 14 posts (0 thanks)
    2. looks_two Tasker_182 with 7 posts (1 thanks)
    3. looks_3 MWinfrey with 5 posts (2 thanks)
    4. looks_4 Itchymoku with 5 posts (1 thanks)
      Best Posters
    1. looks_one DarkPoolTrading with 16 thanks per post
    2. looks_two ratfink with 5 thanks per post
    3. looks_3 Big Mike with 1 thanks per post
    4. looks_4 MWinfrey with 0.4 thanks per post
    1. trending_up 24,162 views
    2. thumb_up 36 thanks given
    3. group 15 followers
    1. forum 53 posts
    2. attach_file 0 attachments




 
Search this Thread

The Cost of Ninjatrader

  #11 (permalink)
 
Fadi's Avatar
 Fadi 
Luxembourg
 
Experience: Advanced
Platform: NinjaTrader
Broker: IB / Kinetick
Trading: ES, CL
Posts: 485 since Apr 2012
Thanks Given: 667
Thanks Received: 648


cory View Post
some broker offer SC basic level free.

… so that's even better
thanks for mentioning that.

Successful people will do what unsuccessful people won't or can't do!
Follow me on Twitter Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Trade idea based off three indicators.
Traders Hideout
MC PL editor upgrade
MultiCharts
Cheap historycal L1 data for stocks
Stocks and ETFs
How to apply profiles
Traders Hideout
Better Renko Gaps
The Elite Circle
 
  #12 (permalink)
 KosherTrader 
Winchester VA/USA
 
Posts: 57 since Aug 2013


aligator View Post
Which trading platform Hyundai you are driving that is priced less than a $1000 Mercedes?

For your information, Jigsaw is a good DOM without the ATM, charting, and programming capabilities of NinjaTrader. But that is all and you will have to pay $50 a month to use it live after you have paid $399. There is a wealth of information under Vendors section in this forum that you can benefit from.

From what I've gotten from using both TOS and Ninjatrader, Thinkorswim is like a free Lexus compared to Ninjatrader's expensive Mercedes with outdated visual styling and less intuitive interface.

Reply With Quote
  #13 (permalink)
 
Daytrader999's Avatar
 Daytrader999 
Ilsede, Germany
Site Moderator
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: Rithmic / CQG / Ninja Trader Brokerage
Trading: NQ
Posts: 1,525 since Sep 2011
Thanks Given: 2,067
Thanks Received: 2,316



KosherTrader View Post
From what I've gotten from using both TOS and Ninjatrader, Thinkorswim is like a free Lexus compared to Ninjatrader's expensive Mercedes with outdated visual styling and less intuitive interface.

So, bottom line...if you're that satisfied with TOS, why even bother with NT at all ?

"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
Reply With Quote
  #14 (permalink)
 KosherTrader 
Winchester VA/USA
 
Posts: 57 since Aug 2013

I'm getting ready to switch from stocks to futures day trading. The chance to ask rich folks why they drive a Mercedes is priceless.

Reply With Quote
  #15 (permalink)
 
shodson's Avatar
 shodson 
OC, California, USA
Quantoholic
 
Experience: Advanced
Platform: IB/TWS, NinjaTrader, ToS
Broker: IB, ToS, Kinetick
Trading: stocks, options, futures, VIX
Posts: 1,976 since Jun 2009
Thanks Given: 533
Thanks Received: 3,709

I was first drawn to NT in early 2009 because I could code my strategies in C# (I'm a professional .NET developer). I tried the free Ninjatrader for a while, SIM traded and continued expressing my ideas about the market with custom strategies and indicators. I eventually wanted to go live but didn't want to commit to the lifetime license yet so I leased it for 3 months. After that I decided to buy a lifetime license in September 2009. That was 4 years ago and I haven't paid anymore money to Ninjatrader, except for some periods where I played around with the real-time Kinetick service (correlating ES to TRIN and TICK, backtest strategies with intraday stock ETF price data, etc).

I also use thinkorswim for my IRA where I trade stocks, ETFs and options. I've been a ToS user since 2007. There's a lot of things I can do in Ninja that I can't do in ToS, and vice versa. They are both part of my tool belt. Also, futures commissions on ToS are over 50% higher than Mirus, unless you can get TD Ameritrade to give you lower "active trader" rates, but even those rates are still higher, so there's that. Also, 100% of my futures trading is automated (on Ninja). I couldn't do that on ToS, or if I could I don't know how.

Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #16 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,463 since Jun 2009
Thanks Given: 33,239
Thanks Received: 101,662

Start here:



Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #17 (permalink)
 
lrfsdad's Avatar
 lrfsdad 
milwaukee,wi, usa
 
Experience: Intermediate
Platform: Mobile TWS & mobile TOS. Dough.com
Broker: IB, TOS, FXCM
Trading: futures and options. looking into forex
Posts: 186 since Nov 2012
Thanks Given: 302
Thanks Received: 161


DarkPoolTrading View Post
@KosherTrader, most of your threads are about everything being too expensive in the world of trading:

The first was about futures.io (formerly BMT) elite membership
Then Jigsaw
Then Ninjatrader

It's reasonable to want to shop around for the best deal with any purchase, but if these sorts of startup costs are really that much of an issue then you are not in a place financially to begin trading. It is what it is, take it or leave it.

you said it more politically correct than I could have.....I'm wondering if kosher trader is actually jewish or someone playing the forum using a stereotype name to pick on them......I'm 100% Dutch and we "hollanders" are cheap too, but not to the point we would start multiple threads on saving money....

Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #18 (permalink)
 
ratfink's Avatar
 ratfink 
Birmingham UK
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TST/Rithmic
Trading: YM/Gold
Posts: 3,633 since Dec 2012
Thanks Given: 17,423
Thanks Received: 8,426


KosherTrader View Post
From what I've gotten from using both TOS and Ninjatrader, Thinkorswim is like a free Lexus compared to Ninjatrader's expensive Mercedes with outdated visual styling and less intuitive interface.

Man you are unbelievable, TOS under load adds the SER to say nothing of the frequency of its unreliable updates. Beginning to think you just like the posting sport. I do not want to be harsh (I can do that to myself easily enough) but if you really are serious about trading you need to take a big step back in perception and a big step up in attitude to save yourself a fortune.

Travel Well
Visit my NexusFi Trade Journal Reply With Quote
  #19 (permalink)
 KosherTrader 
Winchester VA/USA
 
Posts: 57 since Aug 2013

TOS is excellent for trading stocks with its intuitive design and handling. It would be superb for trading futures in the basic Al Brooks style as well if TD Ameritrade had reasonable commissions.

Ninjatrader is cool certainly but its price is extremely high, no question. I have contacted Raymond Deux via [email protected] to see if he or his reps can come on here to discuss the pricing issues, which were brought up by many folks in Bigmike's thread on Ninjatrader he linked to.

I had an idea last night, with all of the coders who frequent this site the community could design an open-source, free, donation-supported trading platform to surpass any of the current platforms. I believe that is possible with the talent we have here.

Reply With Quote
  #20 (permalink)
 
xiaosi's Avatar
 xiaosi 
Brisbane, Queensland, Australia
Market Wizard
 
Experience: Advanced
Platform: JIGSAW/SIERRA CHART
Broker: MacQuarie Futures/AMP Clearing/CQG
Trading: HHI, HSI, FDAX
Posts: 502 since Feb 2012
Thanks Given: 448
Thanks Received: 535



KosherTrader View Post
I had an idea last night, with all of the coders who frequent this site the community could design an open-source, free, donation-supported trading platform to surpass any of the current platforms. I believe that is possible with the talent we have here.

Unbelievable.... and the reward for doing this would be...Karma?

Follow me on Twitter Reply With Quote
Thanked by:




Last Updated on December 18, 2014


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts