The Truth: NinjaTrader - NinjaTrader | futures io social day trading
futures io futures trading


The Truth: NinjaTrader
Updated: Views / Replies:198,693 / 1,059
Created: by AynRandFan Attachments:66

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
 66  
 
Thread Tools Search this Thread
 

The Truth: NinjaTrader

  #351 (permalink)
Elite Member
Australia
 
Futures Experience: Intermediate
Platform: NT
 
Posts: 106 since Apr 2010
Thanks: 48 given, 84 received

I guess the question is, what are you doing differently from all of us that have had constant problems ?

I've been using it for several years also, and there have been constant problems, on multiple machines, multiple OS's, dedicated fresh trading boxes etc.

Reply With Quote
 
  #352 (permalink)
 R.I.P. 1960-2010 
 
Futures Experience: Advanced
Platform: NinjaTrader7
Broker/Data: Mirus RCG/Zen-Fire
Favorite Futures: CL & 6e, looking at ES, ZB and AU again.
 
ZTR's Avatar
 
Posts: 2,099 since Nov 2009
Thanks: 1,104 given, 1,390 received


webart View Post
I guess the question is, what are you doing differently from all of us that have had constant problems ?

I've been using it for several years also, and there have been constant problems, on multiple machines, multiple OS's, dedicated fresh trading boxes etc.

Have had few real problems once I understood that indys needed to be optimized (see thread). GOM data takes a lot of work to maintain and if you run on 2 computers you are less like to have a connection problem when one fails.

I run NT7 as stripped down as possible, no extra symbols, remove all indys I am not using, etc.

R.I.P. Andy Zektzer (ZTR), 1960-2010.
Please visit this thread for more information.
Reply With Quote
The following 2 users say Thank You to ZTR for this post:
 
  #353 (permalink)
Membership Revoked
United States of America
 
Futures Experience: Advanced
Platform: NT
 
Posts: 1,149 since Aug 2009
Thanks: 262 given, 471 received


Here's the latest reason why NT7b (insert a #) should be avoided for any strategy development direct from the horse's mouth.

>>
As NinjaTrader 7 is beta software, it is subject to change drasticly between releases. What you might want to do is wait for the full production release of NT 7, then make any changes to your code at that time.
<<

There a nothing wrong with my code. It worked perfectly under b18 and is broken in b19. Takes balls to tell me to change it when and if ever, a full production release is available.

I have to chuckle to myself when I think that one beta fixes problems of the prior version only to have the next beta create new problems that didn't exist before for the repaired one. Maybe they are curve fitting the program, just like a dog chasing it tail. LOL.

Make no mistake, if I didn't buy a lifetime license, NT and I would be divorced.

Welcome to amateur hour.

Reply With Quote
The following user says Thank You to Zoethecus for this post:
 
  #354 (permalink)
Elite Member
Madison, WI
 
Futures Experience: Advanced
Platform: Sierra Charts, ALT
Favorite Futures: ES
 
aslan's Avatar
 
Posts: 614 since Jan 2010
Thanks: 342 given, 1,077 received


Zoethecus View Post
Make no mistake, if I didn't buy a lifetime license, NT and I would be divorced.

Same here, but I am close to writing it off anyway. After a while it just isn't worth it anymore.

Reply With Quote
The following user says Thank You to aslan for this post:
 
  #355 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,653 since Mar 2010
Thanks: 4,226 given, 25,601 received
Forum Reputation: Legendary

Just downloaded some historical data via the Historical Data Manager.

Result: Half of my futures contracts' data destroyed. NinjaTrader hangs. Cost me 1 hour after the close to repair the data base.

Problem: It was already Saturday and I forgot to change the date in the Historical Data Manager from Saturda back to Friday. Also I should have closed all charts before starting to load the data.

Still there is the problem that for quite a number of instruments I only have 4 days of daily data (if I load it from Interactive Brokers) as NT cannot read it correctly. Same for NT 6.5.

Yes it is a lousy piece of software. Still using it because of the DOM and the chart trader.

Reply With Quote
The following user says Thank You to Fat Tails for this post:
 
  #356 (permalink)
Elite Member
CA
 
Futures Experience: Master
Platform: Marketdelta and Ninja
Broker/Data: Velocity
Favorite Futures: NQ
 
Posts: 670 since Apr 2010
Thanks: 64 given, 521 received

I see alot of poeple are coming to the same conclusion. I think its time for all of you to move on, at least untill the final version is released. Trust me, there are alot of other better programs out there. They might not be all in one, but they're out there.

I think that ninja is in a bit of a tough spot. On one hand, they are completely right that its beta software, and you can't complain. On the other hand, they need alot of people testing it to catch as many bugs as possible. Its hard to do that when more and more people get put off and walk away by the " we can't replicate it response"..And i understand why they normally do this. If you go to their forums, you have alot of poeple asking stupid questions because they didn't bother reading the manual or doing simple search, like "I have a bug, ninja doesn't show level II on dom when i connect to IQ-feed", when in reality they never subscribed to a level II feed. So ninja ends up sending an auto-reply to everyone," ninja is like a transmitter... Its your data feed."


I think ninja works perfectly if you install it, and connect to a data feed and nothing else. As soon as you change any of the default settings, your asking for trouble. Every time i changed the "amount of days to load" or change from a volume chart to a range chart etc.., i remember i would literally cross my fingers hoping it wouldn't crash..lol no joke.

I think it would be in ninja's interest to have a pool of experienced people that know what they are talking about(preferably programmers themselves), and they take their responses seriously when they report bugs. Then use a lower level tech support on the regular forum to handle most of the newbie cases. If the lower level tech support finds a problem, then they can escalate it to be handled by one of their programmers. I also would like if they receive more than a few cases of people reporting the same problem, they need to do some sort of screen sharing with a client to try to find the root of the problem( again for serious problems only). I sometimes find it hard to believe when 20 people report the same bug right after a new beta release, and they can't replicate it.

Reply With Quote
 
  #357 (permalink)
Membership Revoked
 
Futures Experience: Beginner
 
Posts: 1,081 since May 2010
Thanks: 2,092 given, 595 received

I got a reply from my cancellation of my quarterly subscription that they can't find my bug reports in their records and therefor my cancellation of my ninjatrader subscription is canceled.

??

Hugh ?? WTF's wrong with them ?

Reply With Quote
 
  #358 (permalink)
Elite Member
San Francisco Bay Area
 
Futures Experience: Intermediate
Platform: NT,TOS,IB
Favorite Futures: ES,CL,TF
 
Posts: 278 since Jun 2010
Thanks: 154 given, 267 received


Fat Tails View Post
Just downloaded some historical data via the Historical Data Manager.

Result: Half of my futures contracts' data destroyed. NinjaTrader hangs. Cost me 1 hour after the close to repair the data base.

Problem: It was already Saturday and I forgot to change the date in the Historical Data Manager from Saturda back to Friday. Also I should have closed all charts before starting to load the data.

Still there is the problem that for quite a number of instruments I only have 4 days of daily data (if I load it from Interactive Brokers) as NT cannot read it correctly. Same for NT 6.5.

Yes it is a lousy piece of software. Still using it because of the DOM and the chart trader.

NT needs to narrow their focus down on to a few things: Data-Handling, Error/Exception Handling and Graceful degradation.

The most important is their Data-Handling capabilities. Data is the heart and soul of a trading system and there can not be any compromises there. However, with NT whenever there is some form of hick-up in the data-download the charts hang, or you end up with database corruption. They need to build in some sort of fault recovery logic into their software.

NT reminds me of college project. It is a prototype of features. It has not yet reached a level of maturity when you can trust real money to it. Because they interface with a gazillion brokers, and each has its nuance, their error handling too has to be customized.

I think many of their first-line support people are college students with little or no live trading experience. They also took NT7Beta to general release, well before it was ready for general public use. Further it is a real-time multi-threaded system with a lot of moving parts which make it very hard to reproduce a large class of problems with support. They need to have debug-switches available which allow for more verbose event logging so that can figure out where the problems occur. The amount of wasted support effort would be much lower if they had some more on-site diagnostic capabilities.

That being said NT7B19 has not shown many of the problems I have been facing earlier, especially with regards to multi-panel charts. I am optimistic but keeping my finger crossed. They have done the bulk of the work. Now they need to tie the lose ends together to make it bullet-proof.

I do not know of any other trading system where can customize and create studies like the GOM volume ladder with the simplicity which NT allows. If you know do let me know.

Reply With Quote
The following 4 users say Thank You to aviat72 for this post:
 
  #359 (permalink)
Elite Member
CA
 
Futures Experience: Master
Platform: Marketdelta and Ninja
Broker/Data: Velocity
Favorite Futures: NQ
 
Posts: 670 since Apr 2010
Thanks: 64 given, 521 received

Well, its obvious that you know more about software than i do. While you put it more elegantly, i think the point is that they need to prioritize and make a more streamlined debugging features...

Ninjatrader is like windows, you can customize the hell out of it, but you won't have the same stability as linux/mac..
(I do have to note that Win7 has been the best operating system they've release so far)..

Reply With Quote
The following user says Thank You to Michael.H for this post:
 
  #360 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,653 since Mar 2010
Thanks: 4,226 given, 25,601 received
Forum Reputation: Legendary


Hi aviat72,

thanks for your elaborate answer. I basically agree with what you are saying. I also personally like the NinjaTrader guys. The support is quite friendly and helpful. They have always answered my questions rapidly and they have many five times logged into my PC, because they could not reproduce problems. Every time they logged in, the problem could be identified and they cleared the bug after some time.

Nevertheless I am frustrated, because I am losing lots of time. Actually NT7 is already the better product compared to NT 6.5. both in terms of stability and reliability! This means that NT 6.5 never has left the stage of Beta. So I had to switch to NT 7 to avoid the crashes.

Their problem is a problem of degrees of freedom: too many data feeds, to many Brokers, to many bells and whistles, different country settings, different time zones. A bit like a flying submarine, neither good at diving or at flying. So in the end they can't fit the pieces together, because they have underestimated the task and not planned for the appropriate resources.

That said, NinjaTrader still offers some value for money, if you adapt to it, but it is similar to a bull ride, not easy to stay on top.

aviat72 View Post
NT needs to narrow their focus down on to a few things: Data-Handling, Error/Exception Handling and Graceful degradation.

The most important is their Data-Handling capabilities. Data is the heart and soul of a trading system and there can not be any compromises there. However, with NT whenever there is some form of hick-up in the data-download the charts hang, or you end up with database corruption. They need to build in some sort of fault recovery logic into their software.

NT reminds me of college project. It is a prototype of features. It has not yet reached a level of maturity when you can trust real money to it. Because they interface with a gazillion brokers, and each has its nuance, their error handling too has to be customized.

I think many of their first-line support people are college students with little or no live trading experience. They also took NT7Beta to general release, well before it was ready for general public use. Further it is a real-time multi-threaded system with a lot of moving parts which make it very hard to reproduce a large class of problems with support. They need to have debug-switches available which allow for more verbose event logging so that can figure out where the problems occur. The amount of wasted support effort would be much lower if they had some more on-site diagnostic capabilities.

That being said NT7B19 has not shown many of the problems I have been facing earlier, especially with regards to multi-panel charts. I am optimistic but keeping my finger crossed. They have done the bulk of the work. Now they need to tie the lose ends together to make it bullet-proof.

I do not know of any other trading system where can customize and create studies like the GOM volume ladder with the simplicity which NT allows. If you know do let me know.


Reply With Quote
The following 6 users say Thank You to Fat Tails for this post:

Reply



futures io > > > > The Truth: NinjaTrader

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
The Truth: MultiCharts Fat Tails MultiCharts 32 September 10th, 2012 04:49 AM
Daytrading - The Pain, Truth, and Redemption Rudy52 Elite Trading Journals 18 February 12th, 2011 07:08 AM
Easy Language to NT/ Futures truth gg80108 NinjaTrader Programming 5 November 21st, 2010 11:04 AM
Can NinjaTrader data be stored other than \My Documents\NinjaTrader 6.5 tc12357 NinjaTrader 4 December 15th, 2009 02:55 PM


All times are GMT -4. The time now is 10:49 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 0.15 seconds with 20 queries on phoenix via your IP 54.90.207.75