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Why I dumped ninjatrader
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Why I dumped ninjatrader

  #1 (permalink)
Member
Panama!
 
Futures Experience: None
Platform: Hit the Bid!
 
Posts: 44 since Jun 2009
Thanks: 1 given, 22 received

Why I dumped ninjatrader

memory problems, poor customer service, database blew up, slow optimization etc


Last edited by tortexal; January 16th, 2010 at 11:29 PM.
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  #2 (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: 46,238 since Jun 2009
Thanks: 29,350 given, 83,217 received

I agree with most of what you've said.

Before completely abandoning NT, you may wish to apply the large address hack I've documented here:
https://futures.io/programmers-paradise/76-ninja-6-5-largeaddressaware-hack.html

It has fixed about 90% of the crashes I was experiencing (and I experienced them daily, many times hourly).

Still, no hack can address the major flaws and shortcomings on NT. While I don't hold much hope for NT 7, I am reluctant to switch to TradeStation because I think that is a backwards move. I'm more interested in MultiCharts, and I think they are growing at leaps and bounds and making huge advancements in a short period. But, they have a lot of advancing left to do.

Last, I agree NT support tries and is quick. But, they are either untrained, understaffed, or my main conspiracy theory is that none of the programmers are under the same roof and they don't read the forums and/or they are really not good programmers. I feel as though the support staff tries and tries but simply cannot make up for the utter lack of experienced programmers that know how to create a decent, stable app.

This is the opposite of most companies. Most companies have pretty sold programming staff and absolutely horrific customer service. I've seen no evidence Ray @ NT plans to address any of these concerns unfortunately.

Mike

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  #3 (permalink)
Elite Member
Toronto, CA
 
Futures Experience: Intermediate
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Broker/Data: IB
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record100's Avatar
 
Posts: 105 since Jun 2009
Thanks: 34 given, 42 received


why slippage is always bad thing? could it be in your favor?

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  #4 (permalink)
Member
Boston
 
Futures Experience: Beginner
Platform: Sierra Chart
Broker/Data: Infinity Futures/Transact
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Maletor's Avatar
 
Posts: 88 since Jun 2009
Thanks: 7 given, 26 received

Actually yes, slippage can work out in your favor.

Suppose you had a buy stop at 906.25, the ES flashes and 906.25 trades, but by the time your market order is ready to be processed everybody who wanted to buy the quarters is all gone and you get filled at 906.

Pretty sweet huh? Happens about 1 in 100 times for me.

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  #5 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
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Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,217 received

This thread is not about slippage.

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.

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  #6 (permalink)
Elite Member
MIAMI,FL
 
Futures Experience: Advanced
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Broker/Data: Private
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sharky's Avatar
 
Posts: 1,060 since Jun 2009
Thanks: 624 given, 3,875 received

lol where did slippage come from pweh heh heh heh mike i was with tradestation wow what a nitemare they had ok charts but the customer service was a nitemare and thats no understatement...sharky

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  #7 (permalink)
Just starting out...
Bloomfield Hills, MI
 
Futures Experience: Master
Platform: NinjaTrader / Neoticker
Favorite Futures: ES
 
Velocity's Avatar
 
Posts: 16 since Jun 2009
Thanks: 0 given, 7 received

you should look at NeoTicker by Tickquest http://www.tickquest.com/ . Programs in C#, Delphi and Formula language. It does the heaviest lifting in terms of number crunching i have seen out there. I started on Tradestation and out grew it. ps. yes I own Neoticker and I am a NT user as well. Neo does my main chart work, NT does my order execution. I am more of a discrentionairy trader.


Last edited by Velocity; July 20th, 2009 at 01:19 PM.
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  #8 (permalink)
 Vendor: www.innovative-trading-solutions-online.com 
Hartford, CT. USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: AMP/CQG, Kinetick
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RJay's Avatar
 
Posts: 677 since Jun 2009
Thanks: 726 given, 740 received

Velocity,

have you found something better than NT?

Thanks for sharing your experiences.

Personally, I have 15 months learning and coding vested in this platform.

I am making the best of it for now.

RJay

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  #9 (permalink)
Just starting out...
Bloomfield Hills, MI
 
Futures Experience: Master
Platform: NinjaTrader / Neoticker
Favorite Futures: ES
 
Velocity's Avatar
 
Posts: 16 since Jun 2009
Thanks: 0 given, 7 received

Rjay,

Unless you are a computer guru don't change. Neoticker can literally do anything chart related, but you need to understand programing. It is VERY powerful. the thing it lacks is the DOM execution which NT does very nicely. They are two very different programs.


Last edited by Velocity; July 20th, 2009 at 04:12 PM.
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  #10 (permalink)
Elite Member
Austin, TX
 
Futures Experience: Advanced
Platform: NT/Matlab
Broker/Data: Interactive Brokers
Favorite Futures: FX majors
 
sefstrat's Avatar
 
Posts: 285 since Jun 2009
Thanks: 20 given, 749 received


Like Mike, I agree with most of what you are saying here.

There is no question that NT needs to get their act together on the programming side of things. No doubt NT7 will still have major room for improvement, but at least it does appear that they have eliminated the worst issues such as access/jet db and the memory leaks.

What I don't understand is why you would continue using the strategy analyzer while you have another live strategy open, when you know it will lead to memory leak and ultimately NT crashing. I think all of us here know that when using the strategy analyzer its only a matter of time before NT explodes.

All you have to do is run a virtual machine (vmware or free virtualbox) with a simple XP install and a demo instance of NinjaTrader. Do all your testing there while you only run your live strategies on the main NT instance. Then if the 'sandbox' NT crashes as it inevitably will, no problem just restart it you haven't lost anything other than a few seconds.

I have had my main NT instance which runs my strategies open for several weeks now without closing it, no crashes no problems.

I feel your pain on the DB repair thing though, that happened to me once too. I take regular backups of the DB now, can't wait to decomission 6.5 and the jetdb nonsense.

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