Which platform did you start with?

April 22nd, 2014, 09:15 AM

I would also agree that Ninja would be a good choice. If you have a satellite feed, go with Trade Navigator.

May 14th, 2014, 03:29 AM

I started with XpressTrade when I first learnt to trade options.

Later, optionsXpress bought it over and my account went over to OX. Unfortunately, OX took away many useful functions of XpressTrade and it is now one of the WORST trading platforms ever.

I have since moved on to TOS, Mirus Futures/NT7 and Infinity Futures/Sierra Chart.

Thumbs up for TOS, NT7 and Sierra Chart. I used to like NT7 very much, especially after I joined futures.io (formerly BMT).. but the ease of SC has made me lazy and I could not switch back to NT7 somehow..

July 6th, 2014, 11:37 AM

Stylez777

I understand people love NinjaTrader. I do too. The problem is for a beginner starting out, it is not cost effective at all. $60 a month to lease or $995 to buy a lifetime license doesn't seem cost friendly right from the start.

There has to be low cost or free platforms out there that offer a decent DOM, decent charting for a beginner to get started on. I am surprised there isn't more opinions on this subject. Do all beginners just drop the $ for NinjaTrader and figure to make it back? Doesn't seem practical to me. Coming from the risk management standpoint, why spend more upfront than you need too when getting started? Shouldn't you be able to prove to yourself you can can become profitable and stay in the game before investing in expensive tools and other fancy things?

Don't pay upfront then, pay the monthly fees. If you're not prepared to spend $60 a month on a platform, then you should consider if day trading is really for you. Don't forget the data feed aswell. When you're just starting out, the reality is you'll be losing 100's per day, so only paying a hundred odd per month for software and data will seem like good value.

I vote SC over NT aswell.

August 19th, 2014, 01:10 PM

Started off with TD Ameritrade and Stockcharts.com for swing and position trading equities. Transitioned to eSignal with MB Trading to swing trade equities and day trade futures. Then to my broker's own platform (MBT Desktop Pro). Currently looking for a new futures platform outside of MB. Tried out Sierra Charts and hated it due to not being user-friendly out-of-the-box.

Which platform did you start with?

Discussion in Platforms and Indicators

Which platform did you start with?