Evidently you are very skeptical...Why not just download the software, request a data trial from one of our supporting brokers and run it for as long as you need to assuage your reliability concerns? It will only cost you time.
The following user says Thank You to NinjaTrader for this post:
I admit I am skeptical, due to previous experience with 6.5. I plan to do just that, and hope to be assuaged. Would like to learn a little more about the differences between the various brokers/feeds options first. Any recommendations for my purposes?
Thanks for the link. I hope not to have to try thousands of brokers, that's why I ask for suggestions from folks who have experience with multiple feeds/brokers and can compare/recommend. I am in NY, and daytrading CL on NYMEX, interested in the fastest, most reliable feed/broker for that on NT7, with good commissions/service/integrity, and through an FCM that is solid, in light of the recent MF Global and PFG scandals.
Last edited by Futures Operator; August 9th, 2012 at 06:32 PM.
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The following user says Thank You to Big Mike for this post:
Thanks Mike, have been searching and reading hundreds of posts about brokers/feeds there lately. Still ongoing, but so far I have become interested in Rithmic for NT through Optimus/Vision. Still reading for more on it, and also possibly on TT and how it compares through a broker with good TT infrastructure, and how to figure that out.
I recommend you look at Multicharts 8 .net version. For discretionary trading it is superior to NT. I don't do auto trading so I can't comment on that aspect.
Also important is the fact Multicharts regularly releases new versions with features and has a public project management website where you can see all the new features are being considered and submit feature requests of your own. You can see the platform evolving and changing in response to user feedback.
This is a marked contrast to how Ninjatrader deals with software updates, new versions and user feedback. With NT you will wait 2-3 years between releases with almost zero updates in between. They might have a really good reason for doing it like that but no one knows because they don't talk to their customers apart from generic cut & paste replies. Very poor communication with users and keeping them in the loop about what changes are coming and how the platform will evolve.
Like Fattails said above the biggest investment you will make is your time.
The following 2 users say Thank You to Traderji for this post:
This is the type of comparison I'm interested in, but could you please provide more information behind your opinion, at least your reasons, than simply it is better for discretionary trading. How and why is it superior, what does it do better or that NT can't, etc. ?
I'm not interested in automated trading or programming, what's the signifance of suggesting the .NET version?
Point taken on the updates, I've seen both how NT and MC deal with this and agree with you there. It would certainly be nice to get timely support on feature requests, etc.
Last edited by Futures Operator; August 10th, 2012 at 01:15 PM.