DeepDiscountTrading Broker - Reviews of Brokers and Data Feeds | futures io social day trading
futures io futures trading


DeepDiscountTrading Broker
Updated: Views / Replies:66,043 / 270
Created: by sam028 Attachments:4

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
 4  
 
Thread Tools Search this Thread
 

DeepDiscountTrading Broker

  #181 (permalink)
Elite Member
Detroit, Michigan
 
Futures Experience: Beginner
Platform: Ninja Trader
Favorite Futures: Futures
 
Posts: 295 since Nov 2011
Thanks: 300 given, 280 received

Looking at DeepDiscount as my new broker but for NT they only offer Trading Technologies.

How does this compare to Rithmic/Kinetick/CQG?

Reply With Quote
 
  #182 (permalink)
Elite Member
West Wales, UK
 
Futures Experience: Beginner
Platform: Ninja Trader
Broker/Data: Paper trading -"yet again"
Favorite Futures: TF / NQ
 
Seaeagle's Avatar
 
Posts: 4 since Jul 2011
Thanks: 7 given, 1 received

My understanding of the differences are :-

Rhythmic feed
+ Quality feed lots of good reviews on this site regarding data
+ Orders are held on their servers, so if your PC or internet crashes, then your stop is still in place, reducing risk
- Can't find prices as low as DDT for this feed

DDT
+ The cheapest I've found for low volume (under 1000r/t / month) by approx 11% compared with Rithmic brokers
+ Apparently old issues with TT Ninja feed have now been resolved with new version of Ninja (from broker)
- Orders are held on your PC so if there is a problem your side you have to ring the desk and flatten your order (S)

CQG
+ Meant to be the best quality feed industry wide from what I've read
- Does seem to of had a lot of down time lately

There is no way of knowing the differences on quality, speed, slippage etc so I'd also be keen to hear from those that have actually used the feeds live as above info. is just from forum and broker research.

Reply With Quote
The following user says Thank You to Seaeagle for this post:
 
  #183 (permalink)
Membership Revoked
Szczecin
 
Futures Experience: Intermediate
Platform: Ninja, writing own now
 
Posts: 212 since Mar 2010
Thanks: 47 given, 102 received


What about "TT has no historical data whatsoever" ?

NInja retired access to their servers for TT as per 20th of July 2011.

NinjaTrader Advisory 8

As such, you can not load historical data for the included price. It means ho back charts. It also means when your connection is down 15 minutes - you miss 15 minutes on the chart.

SIgnificant disadvantage.

This is not so much a TT issue - they use FIX to talk to TT and neither the FIX version nor the TT FIX bridge have any historical data capabilities. Subscrivbe real time - anything you miss is your problem.

Reply With Quote
The following user says Thank You to NetTecture for this post:
 
  #184 (permalink)
Elite Member
Detroit, Michigan
 
Futures Experience: Beginner
Platform: Ninja Trader
Favorite Futures: Futures
 
Posts: 295 since Nov 2011
Thanks: 300 given, 280 received

I really like Howard and his service (answering emails on Sunday) but TT is not ideal. I sent a message to Ninja and asked why they dont offer another data feed. Not something one likes to see as a new multi user licensee.

Is there a fix to the historical data issue? Ninja?

Reply With Quote
 
  #185 (permalink)
Elite Member
West Wales, UK
 
Futures Experience: Beginner
Platform: Ninja Trader
Broker/Data: Paper trading -"yet again"
Favorite Futures: TF / NQ
 
Seaeagle's Avatar
 
Posts: 4 since Jul 2011
Thanks: 7 given, 1 received

Ah!! - thanks for the heads up on the historical data, I was under the impression Ninja were still providing.

That would mean adding probably an IQ feed as well then, which reduces the cost advantages.

As for service, in setting up an account I have experienced fast, efficient friendly service from Howard

Reply With Quote
 
  #186 (permalink)
Elite Member
Toronto, Canada
 
Futures Experience: Advanced
Platform: NinjaTrader, MT4
Broker/Data: Amp/CQG, Citibank
Favorite Futures: CL, GC, 6E, ES, TF, EURUSD, GBPJPY, AUDUSD
 
Beljevina's Avatar
 
Posts: 346 since Sep 2010
Thanks: 378 given, 562 received


Seaeagle View Post
CQG
+ Meant to be the best quality feed industry wide from what I've read
- Does seem to of had a lot of down time lately

There is no way of knowing the differences on quality, speed, slippage etc so I'd also be keen to hear from those that have actually used the feeds live as above info. is just from forum and broker research.

I would not agree that there has been 'a lot of down time lately.' Yes, the CQG feed went down for 45/60 minutes or something like that a few weeks ago, around 2:30EST. (I might be wrong on my numbers). As problematic as that might seem, I don't believe it had gone down ever for that amount of time in at least a year. Colloquially, I feel it's there 99.9x% of the time.

I am not looking to be a CQG fanboy, but on the whole I would find the feed incredibly stable and reliable, uncompressed, and pleasingly raw. There is no weekend downtime AFAIK. I use it actively during all three sessions. There is a customer portal for basic order management if their main feed goes down.

I think I have seen others execute very detailed studies on various datafeeds and their various technical aspects, but frankly I find that a bit too much information. Slippage is more a function of the overall market, not the broker. Yes, latency is important as are some other basic technical measurements. But I find folks spend too much time on this datafeed thing. From what I would judge - and for me included - things like various ISP problems, power outages, local computer/router/network issues, etc. are greater potential problems, and all of those are small issues IMO compared to our human likelihood of executing bad trades: hence, find a decent feed/broker, have Plan B's in place for all the technical stuff, but I'd say spend the majority of one's time growing as a trader, adapting to the market changes, increasing (& preserving!) one's capital, while trying to close in on that moving target of hopeful trade perfection.

Reply With Quote
 
  #187 (permalink)
Elite Member
West Wales, UK
 
Futures Experience: Beginner
Platform: Ninja Trader
Broker/Data: Paper trading -"yet again"
Favorite Futures: TF / NQ
 
Seaeagle's Avatar
 
Posts: 4 since Jul 2011
Thanks: 7 given, 1 received

Thank you for the information

- With regard CQG, I'd gathered an opinion based on the recent postings on the "Ninja - best approach - Best data feed thread "

Reply With Quote
 
  #188 (permalink)
Elite Member
Hannibal, Mo, USA
 
Futures Experience: Intermediate
Platform: Ninja Trader
Broker/Data: AMP/CQG
Favorite Futures: NQ, YM, ES, GC, CL
 
Posts: 36 since Jan 2012
Thanks: 61 given, 74 received

Ditto here


TrendTraderBH View Post
I really like Howard and his service (answering emails on Sunday) but TT is not ideal. I sent a message to Ninja and asked why they dont offer another data feed. Not something one likes to see as a new multi user licensee.

Is there a fix to the historical data issue? Ninja?

I have a small account with DDT. I have found Howard Lender extremely knowledgable and prompt to reply. I have had replies so soon I could hardly believe it. I am using Sierra Chart with the TT feed and have not liked some things about it. But feel I have gotten good fills on my small trades so far. Crossland Ranweb shows the trades fairly soon except for the emini Russell which takes about 30 minutes to post.

You will look far and wide to find a better man than Howard Lender to deal with in my opinion.

Chuck T

Reply With Quote
 
  #189 (permalink)
Elite Member
Houston,Tx
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Mirus Futures/Zen-Fire
Favorite Futures: TF
 
ThatManFromTexas's Avatar
 
Posts: 2,302 since Feb 2010
Thanks: 1,208 given, 4,293 received


NetTecture View Post
What about "TT has no historical data whatsoever" ?

NInja retired access to their servers for TT as per 20th of July 2011.

NinjaTrader Advisory 8

As such, you can not load historical data for the included price. It means ho back charts. It also means when your connection is down 15 minutes - you miss 15 minutes on the chart.

SIgnificant disadvantage.

This is not so much a TT issue - they use FIX to talk to TT and neither the FIX version nor the TT FIX bridge have any historical data capabilities. Subscrivbe real time - anything you miss is your problem.

The link you provided said....

July 20th, 2011
Advisory#8Disabled Historical Data Access for Trading Technologies
Dear NinjaTrader User:

This advisory is applicable to NinjaTrader users that are connecting through a Trading Technologies demonstration/trial feed. As of July 31st, 2011 you will no longer have access to historical data through a Trading Technologies connection. Trading Technologies does not provide historical data natively and to fill this gap, NinjaTrader has been providing it from our own servers through another data source. In order to be compliant with this data source, we unfortunately can no longer provide this courtesy service. Real-time data is unaffected.

An alternate service subscription based service is Kinetick - Streaming real time quotes and historical market data. Please let us know should you have any questions.

Regards,
NinjaTrader Customer Service


If I understand this advisory correctly, it appears they only discontinued historical data for demo/trial accounts.

Can anyone who uses TT confirm this?

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
Reply With Quote
 
  #190 (permalink)
Elite Member
Detroit, Michigan
 
Futures Experience: Beginner
Platform: Ninja Trader
Favorite Futures: Futures
 
Posts: 295 since Nov 2011
Thanks: 300 given, 280 received


TMFT, I spoke to Ninja on the phone about this issue and if you use TT with NT you get no historical data live or SIM.

Reply With Quote
The following user says Thank You to TrendTraderBH for this post:

Reply



futures io > > > > DeepDiscountTrading Broker

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

Dec 7

Linda Bradford Raschke: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Broker PGFBEST bomberone1 Reviews of Brokers and Data Feeds 8 July 11th, 2012 08:23 PM
Broker betting against you? ctmvas Reviews of Brokers and Data Feeds 4 June 10th, 2011 06:08 AM
looking for a broker drolles Reviews of Brokers and Data Feeds 8 December 18th, 2010 09:41 AM
broker dynamics Stem1 Reviews of Brokers and Data Feeds 6 October 16th, 2010 10:41 AM
What would you do if a broker did this to you? Michael.H The Elite Circle 17 June 5th, 2010 05:52 AM


All times are GMT -4. The time now is 08:18 AM.

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 2017-11-18 in 0.13 seconds with 20 queries on phoenix via your IP 54.225.16.10