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The Truth: NinjaTrader
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The Truth: NinjaTrader

  #551 (permalink)
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Berlin, Europe
 
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hurderp View Post
A very small example, and only a small part of the big picture: In trying to set up a chart in 7, it is now necessary to change settings in multiple dialogs, where this was not the case before. Also, when changing settings seemingly for one part of the chart, others are also affected unintentionally. In some cases, there appears to be a dead end in trying to achieve simple chart setups, the likes of which have never been an issue in any other platform I have used.

I concentrate mainly on price action and volume, with essentially no dependence on indicators. I don't ask much of my platforms. This should not be so difficult to accommodate.

I am no longer going to use valuable screen time to chase down and compensate for these ridiculous idiosyncrasies.

There are obviously those who know of which I speak, and those who will find out. This has been made abundantly clear in numerous posts here and in other forums. Google it. It is for this reason, and the ones mentioned in my previous post, that I will not take the time to track, itemize and list all of the problems I have experienced with NT, especially with 7.

Suffice it to say that I am a fairly adept user (not a programmer, nor should I have to be) of trading platforms, and pc OS's and software in general. I "run a tight ship" here, and only ONE piece of software has been consistently disruptive over the years, and that's NT, plain and simple.

If you are not having problems, then run with that.

I posted here to vent my frustrations, and to establish closure for myself. The previous post was supposed to be the last, so this is going to have to be it. I hope I have explained myself adequately.

Over and Out.

Sorry, again lots of words and no content.

I can feel that you post to get rid of your emotions and that is a vaild reason as well.

But setting up charts in NT7 is pretty simple, and you gave no hint, what does not work as expected.

I am quite happy with NT7 as it did not crash during the last 6 months. Had hundreds of crashes with NT 6.5.

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  #552 (permalink)
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Fat Tails View Post
Sorry, again lots of words and no content.


Quoting 
The worst sin towards our fellow creatures is not to hate them, but to be indifferent to them: - Bernard Shaw

with 55 pages and still going, NT surely is not being ignored or indifferent'ed so to speak. that itself speaks. I wish there were such truth threads regarding other platforms, but sadly theres none.

so no worries, let the rant go on.

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  #553 (permalink)
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LOL, now I'm the only person who has issues with NT. Just my imagination, I guess.

Big Mike's Trading Blog: Tired of NinjaTrader?

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  #554 (permalink)
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hurderp View Post
LOL, now I'm the only person who has issues with NT. Just my imagination, I guess.

Big Mike's Trading Blog: Tired of NinjaTrader?

Err, no one said there were no issues. Just that we haven't really got a clue what yours are.

I must say, most issues mentioned in those threads are with 6.5 or 7 beta. Seems a little premature to conclude that NT 7 production version is as bad. Horses for courses - maybe it is with charts, I rarely use them..

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  #555 (permalink)
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I just had a friend messaging me he had a $700 loss yesterday because he was trading on SIM, everything said SIM on his screens and apparently ninjatrader 7 final had been issuing REAL orders.

Hmpfr.

He's not putting it out in the open yet because he wants ninjatrader to fix it first.

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  #556 (permalink)
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MetalTrade View Post
I just had a friend messaging me he had a $700 loss yesterday because he was trading on SIM, everything said SIM on his screens and apparently ninjatrader 7 final had been issuing REAL orders.

Hmpfr.

He's not putting it out in the open yet because he wants ninjatrader to fix it first.

Wow, that's not good. Let us know what happens. It's easy to have accounts default to live ones and sometimes miss this, but I think all NT users would be interested in this. I must say, I've never heard of it happening. Also, did he have global sim checked? You shouldn't have to if you're careful, but it makes a lot of sense.

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  #557 (permalink)
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Oh, now I'm feeling bad for slamming NT, although I stand by everything I said, without reservation. As I mentioned, I've wasted enough time with it, and the last thing I need to do is prepare a lengthy, detailed explanation.

However, I felt that to be fair, I should conclude with this:

If someone is beginning to learn the basics, NT 6.5 can be a good, inexpensive way to get your feet wet, but I recommend the following:

Expect problems, expect the unexpected. Take a small amount of time to seek resolution, but do not allow this process to consume your time in front of the charts. Find workarounds wherever possible. It's as they say, YOU run the business, not the other way around.

Always keep multiple backups, especially after making any changes. Rebuilding charts or workspaces can be a nightmare. Use backup/restore diligently, it's one of the few things I have never had a problem with.

If you feel the need to try indicators, be quick to discard anything that even hints at being troublesome. If your are an accomplished programmer and can fix things, disregard that comment (maybe).

The DOM has never failed me, that I'm aware of anyway. However, a recent post has raised a very serious possible issue with NT7 and SIM trading. I would look into that, but other than that, using the NT DOM alongside a legitimate charting application is a good combination. When advances in skill justify it, a TT Trader DOM may be a better option in this arrangement, but I don't know this (yet) from experience.

Know the limitations, don't waste your time on problems, and NT has it's place, albeit very limited.

I did say I was finished posting on this subject earlier, and I was venting, but I also wanted to make it clear that I hoped that this perspective may be helpful to others.

All the best.

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  #558 (permalink)
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hurderp View Post
Oh, now I'm feeling bad for slamming NT, although I stand by everything I said, without reservation. As I mentioned, I've wasted enough time with it, and the last thing I need to do is prepare a lengthy, detailed explanation.

However, I felt that to be fair, I should conclude with this:

If someone is beginning to learn the basics, NT 6.5 can be a good, inexpensive way to get your feet wet, but I recommend the following:

Expect problems, expect the unexpected. Take a small amount of time to seek resolution, but do not allow this process to consume your time in front of the charts. Find workarounds wherever possible. It's as they say, YOU run the business, not the other way around.

Always keep multiple backups, especially after making any changes. Rebuilding charts or workspaces can be a nightmare. Use backup/restore diligently, it's one of the few things I have never had a problem with.

If you feel the need to try indicators, be quick to discard anything that even hints at being troublesome. If your are an accomplished programmer and can fix things, disregard that comment (maybe).

The DOM has never failed me, that I'm aware of anyway. However, a recent post has raised a very serious possible issue with NT7 and SIM trading. I would look into that, but other than that, using the NT DOM alongside a legitimate charting application is a good combination. When advances in skill justify it, a TT Trader DOM may be a better option in this arrangement, but I don't know this (yet) from experience.

Know the limitations, don't waste your time on problems, and NT has it's place, albeit very limited.

I did say I was finished posting on this subject earlier, and I was venting, but I also wanted to make it clear that I hoped that this perspective may be helpful to others.

All the best.

Hi hunderp, that makes four posts, and still not a single hint what did not work. Just general bashing of NinjaTrader. I think we should document, what is not working, giving more details, not just ranting.

I do have issues with NT7:

- occasionally false spikes on the connection bar with Interactive Brokers
- problems with offests on rollover day
- I had one crash during backup (large database)
- some indicators will only run in MaximumBarsLookBack = Infinite mode, I had problems with moving averages applied to sessions
- DrawRegion() does not draw porperly but creates bubble lines
- DrawRectangle() cannot plot behind indicator lines
- NinjaTrader cannot read daily data from Interactive Brokers in my timezone, so I have to use Kinetick EOD
- upon each connection NT loads some false contracts month that I already had deleted

and I know of other problems as well.

But there is no dealbreaker, and it has been remarkably stable in trading. Maybe, not good enough for automated trading, but certainly good enough for any discretionary trader.

Could you get us some details of your trouble?

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  #559 (permalink)
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I bet you he was using an automated strategy, and he had it on for his live account. Some other guy posted that somewhere on the ninja forum.



MetalTrade View Post
I just had a friend messaging me he had a $700 loss yesterday because he was trading on SIM, everything said SIM on his screens and apparently ninjatrader 7 final had been issuing REAL orders.

Hmpfr.

He's not putting it out in the open yet because he wants ninjatrader to fix it first.


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  #560 (permalink)
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Apparently the problem is that if you uncheck "Global simulation" and you select SIM in the DOM it can be that the sim orders are being send live to your broker.

He might have an ATM who he enabled on SIM but no automated strategy like you refer to.

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