NexusFi: Find Your Edge


Home Menu

 





AMP Futures and Mirus (NinjaTrader Brokerage as of June 30 2014), which one is better


Discussion in Brokers

Updated
      Top Posters
    1. looks_one Big Mike with 35 posts (58 thanks)
    2. looks_two kronie with 19 posts (1 thanks)
    3. looks_3 AMP Trading with 16 posts (7 thanks)
    4. looks_4 sandman with 13 posts (8 thanks)
      Best Posters
    1. looks_one scalpingticks with 9 thanks per post
    2. looks_two sysot1t with 8.3 thanks per post
    3. looks_3 SimpleSimon with 1.8 thanks per post
    4. looks_4 Big Mike with 1.7 thanks per post
    1. trending_up 192,735 views
    2. thumb_up 276 thanks given
    3. group 104 followers
    1. forum 378 posts
    2. attach_file 7 attachments




 
Search this Thread

AMP Futures and Mirus (NinjaTrader Brokerage as of June 30 2014), which one is better

  #91 (permalink)
 ctmvas 
Big City, MA
 
Experience: Intermediate
Platform: AMP Ninjatrader
Trading: ES, CL, NQ, TF
Posts: 79 since Nov 2010
Thanks Given: 3
Thanks Received: 16

How about Think Or Swim. They charge more, but I feel they are the most reliable. I hear to many stories/problems with any broker utilizing Ninja Trader.

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Futures True Range Report
The Elite Circle
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
NexusFi Journal Challenge - April 2024
Feedback and Announcements
New Micros: Ultra 10-Year & Ultra T-Bond -- Live Now
Treasury Notes and Bonds
ZombieSqueeze
Platforms and Indicators
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
38 thanks
NexusFi site changelog and issues/problem reporting
26 thanks
GFIs1 1 DAX trade per day journal
19 thanks
The Program
18 thanks
  #92 (permalink)
 
Haverchuck's Avatar
 Haverchuck 
California
 
Experience: Intermediate
Platform: NT
Trading: Index Futures
Posts: 115 since Jul 2009
Thanks Given: 88
Thanks Received: 93

Anyone else having an issue with their RCG account info not updating this morning?

Reply With Quote
  #93 (permalink)
 Cloudy 
desert CA
 
Experience: Intermediate
Platform: NT7, various
Broker: various, TDA
Trading: NQ,ES
Posts: 2,124 since Jul 2011
Thanks Given: 2,396
Thanks Received: 1,748


ctmvas, I've been using ThinkorSwim for all three years of my trading "career" so far. They're nice in that they have pretty much everything in all-in-one. They've got pretty much all futures, all stocks, ETF's, currency pairs, pairs, options and forex. With an approved account you can trade anything. They've got ok charts, but lots of features, studies, Thinkscript, scans, thinkback ondemand , history backplay. Lots of alerts of all types, capability to do some automated scripts. Free CNBC and chat rooms with hosts usually on during the session , and also some webinars now and then. Plus their continued work on Prodigio an automated related but separate software that allows one to made automated programs via dragging and dropping graphical objects. Their flagship strength is of course options. Lots of option chains on most anything optionable. Now weekly options included. Best of all is their P/L risk graph where you can see what your options and option spreads look like. You can even analyze unlimited "shadowed" trades on without actually ordering them. And go ahead in time by day to see how the option spread will look like projected into the future just by clicking on a couple of arrow buttons. Stocks are totally tradeable with choice from a specific exchange if you want to do it manual. Symbols can be loaded up fast with big watch lists. As the platform just works with their servers. So not the separate loading of other party feed problem. That said, there are cons that one may get used to, but unacceptable in some cases. You may have heard TD Ameritrade bought out TOS a couple of years ago. They are still working on integrating. There were massive slowdowns back then. It's much better now. Scalping may be bad on TOS DOM. Lots of slippage as reported by others. Sometimes data on chart doesn't look like other platforms' bars. The current spread is not unfiltered straight to the ECN, it's combined and estimated. Commisions and spreads are pricier than others. Maybe too hard to scalp 1 min. Due to sluggishness one may lose a pip or two trying to get into a trade. Some size of grid elements of the DOM and spacing of indicator windows are set and unadjustable. ThinkScript is not C# or C like. An interpreted java-like looking language. slow editing. But you have enough functions to make or modify your own indicators. If you just have a TOS account, and not a TD Ameritrade account using TOS , then Ninjatrader connection isn't supported. The TOS platform is java based, and can lock up with a java code error. Some say the java graphics library used is stuck at an older version unless they rewrite the whole platform.

That's why I'm looking into Ninjatrader on Mirus with Zenfire for the purpose of scalping futures only.

Hope this helps, gl

Cloudy

Visit my NexusFi Trade Journal Reply With Quote
  #94 (permalink)
 AMP Trading 
Chicago
 
Posts: 40 since Feb 2011

I am truly shocked after reading this thread. I can not believe what I am reading.

AMP prides itself in being the largest NinjaTrader brokerage, over 30+ NinjaTrader specialist here to help!
We offer multiple datafeeds integrated into NinjaTrader such as CQG & Zenfire.
24 hour trade desk and technical support desk.

I want to personally extend myself as the futures.io (formerly BMT)F point of contact. If you are an AMP existing customer or a prospective trader looking for the best NinjaTrader brokerage and you want to get your answers filled, call me directly 312 893 7700

Also, any feedback (good or bad) please email me directly.

The name of your AMP contact will be useful in rewarding good service and correcting faults.

Dan Culp

Reply With Quote
  #95 (permalink)
 PaperTrader 
changi, singapore
 
Experience: None
Platform: Free
Posts: 105 since Aug 2011
Thanks Given: 126
Thanks Received: 21


AMP Trading View Post
I am truly shocked after reading this thread. I can not believe what I am reading.

AMP prides itself in being the largest NinjaTrader brokerage, over 30+ NinjaTrader specialist here to help!
We offer multiple datafeeds integrated into NinjaTrader such as CQG & Zenfire.
24 hour trade desk and technical support desk.

I want to personally extend myself as the futures.io (formerly BMT)F point of contact. If you are an AMP existing customer or a prospective trader looking for the best NinjaTrader brokerage and you want to get your answers filled, call me directly 312 893 7700

Also, any feedback (good or bad) please email me directly.

The name of your AMP contact will be useful in rewarding good service and correcting faults.

Dan Culp

so have anyone called Dan yet?

appreciated if someone can share their experience here

Reply With Quote
  #96 (permalink)
Ilovetotrade
Edmonton, Alberta
 
Posts: 22 since Feb 2011
Thanks Given: 0
Thanks Received: 7

I suggest to you to run as far away as you can from Amp. They screwed me with a $9600 loss on a trade I never placed (not to mention some other small losses), there is no support at all, the people I dealt with knew practically nothing, the quote "experienced fellow" I worked with didn't and couldn't even come up with the symbol for the Russell. As far as working with Dan, lots of promise but alot of hot air. At that time didn't have a direct line to trading and one time I phoned there 5 minutes before the market closed and they didn't answer, got a recording. If that is the kind of service you want, they would definitely fill your need. Don't say that you weren't warned.
Hope this helps

Reply With Quote
  #97 (permalink)
 supermht 
Naperville IL
 
Experience: Intermediate
Platform: ninjatrader
Broker: NT broker
Trading: NQ ES 6E GC CL
Posts: 962 since Feb 2010
Thanks Given: 1,189
Thanks Received: 661

I totally agree with you. stay away from AMP, well if people want to put their risky money in AMP, good luck!!!.
from my experience with AMP, their risk management sucks. I remember their account manager's name is Thien, a bastard

Reply With Quote
  #98 (permalink)
 AMP Trading 
Chicago
 
Posts: 40 since Feb 2011


supermht View Post
I totally agree with you. stay away from AMP, well if people want to put their risky money in AMP, good luck!!!.
from my experience with AMP, their risk management sucks. I remember their account manager's name is Thien, a bastard

Risk Management sucks? We offer the lowest daytrade margins in the industry - only $400 on the ES for example. Only time risk manager is involved is if you lose 80% of your account balance in 1 day.

Please explain further your concerns about AMP risk managment.

Dan

Reply With Quote
  #99 (permalink)
 
kronie's Avatar
 kronie 
NYC + NY / USA
 
Experience: Advanced
Platform: "I trade, therefore, I AM!"; Theme Song: "Atomic Dog!"
Trading: EMD, 6J, ZB
Posts: 796 since Oct 2009


AMP Trading View Post
Risk Management sucks? We offer the lowest daytrade margins in the industry - only $400 on the ES for example. Only time risk manager is involved is if you lose 80% of your account balance in 1 day.

Please explain further your concerns about AMP risk managment.

Dan

I think your firm would be great if you didn't hold grudges, seems those last forever, burning bridges in this close knit, loosely formed, community is not only a contradiction its expensive on the advertising budget....

cheers

Reply With Quote
  #100 (permalink)
 
kronie's Avatar
 kronie 
NYC + NY / USA
 
Experience: Advanced
Platform: "I trade, therefore, I AM!"; Theme Song: "Atomic Dog!"
Trading: EMD, 6J, ZB
Posts: 796 since Oct 2009



supermht View Post
I totally agree with you. stay away from AMP, well if people want to put their risky money in AMP, good luck!!!.
from my experience with AMP, their risk management sucks. I remember their account manager's name is Thien, a bastard

not surprising to here those sentiments,

I've heard similar, and frankly agree....

there are other excellent firms, with brokers of integrity


hint, hint, wink, wink

Reply With Quote




Last Updated on January 9, 2017


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts