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DeepDiscountTrading Broker
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DeepDiscountTrading Broker

  #211 (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


Chuck T View Post
Hi Bowie,

I am just a very small trader. I have traded ES, YM, TF, NQ thru DDT. Although my contract size is small, I have been very pleased with the fills. I am using TT feed with Sierra Charts. No problems thus far. I have a very small AMP account and use that for NT charts with the standard CQG feed.

Better yet, I have been even more pleased with Howard Lender When I have asked questions that Howard was not sure of he dug into it and got back to me later, not much later, but promptly later. Howard is extremely nice to deal with. He is TRUSTWORTHY! He has never misled me intentionally. I note that because, there are sometimes changes made that any broker does not know of...lots happens fast these days. Any misinformation is just that, not deception. Howard is an exceptional guy in this climate of greed and deception.

The RANWEB account portal updates all CME CBOT trades nearly instantly in your account. ICE trades are delayed by about 20-30 min. That is my only gripe and Howard has nothing to do with this. It is just a RANWEB issue with ICE updates.

As a note on Howard's helpfulness, I inquired about the possibility of MT4 becoming a platform for futures trading because I am a MAX TRADING SYSTEM enthusiast. That question was asked early this year and never discussed again. Upon Howard's looking into something else for me a couple months ago he noted parenthetically in an email reply: "(The Clearing Firm said that they will consider the MT4 platform in the near future)". In my book this is a real heads up thing. Howard cares and aims to help you succeed. My best experience over the years hands down.

Chuck T

@Chuck T

Thank you for your reply.

How long have you been trading with Deep Discount Broker?

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

My daddy always said, "Every day above ground is a good day!"
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  #212 (permalink)
 Vendor: www.traderwerks.com 
Taipei Taiwan
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Optimus
Favorite Futures: TW
 
Posts: 693 since Jun 2009
Thanks: 440 given, 440 received


Bowie View Post
This thread seems a bit old, but are current clients of Deep Discount Trading still happy with their decision? From the older posts, it seems like there were several impressed with Howard and his service. Just wanting to know if this is still the case. I am considering them since I am scalping the ES.

Also, if anyone that is using them does reply to this, which data feed are you using? I tried TT with another broker and compared it to Transact, and Transact seemed to do a better job. I emailed Howard about this and he told me that their TT infrastructure is state of the art, and runs at max. performance. Just wondering what real users are saying.

Thanks for the help.


Bowie

I am using Howard with TT / Ninja. The feed has been great. I have a feed with another broker and I put it side by side with the TT feed, and the TT feed was much better. ( This is trading the ags, the indexes seemed better. )

I am really happy with DDT, Howard is usually quick to reply.

I trade with them everyday and never had a problem.

Math. A gateway drug to reality.
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  #213 (permalink)
Trading Apprentice
Kansas City, KS/USA
 
Futures Experience: Intermediate
Platform: Sierra Charts
Favorite Futures: ES, EURUSD
 
Posts: 14 since Jul 2012
Thanks: 23 given, 15 received



traderwerks View Post
I am using Howard with TT / Ninja. The feed has been great. I have a feed with another broker and I put it side by side with the TT feed, and the TT feed was much better. ( This is trading the ags, the indexes seemed better. )

I am really happy with DDT, Howard is usually quick to reply.

I trade with them everyday and never had a problem.


Hello Traderwerks,

Thanks for the reply and great information. Howard seems to be on top of his game.

Two other questions;

Do you know if he is a one man show (is there a backup if Howard is not around)?

And, how long have you been trading with DDT?

Thanks again.


Bowie

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  #214 (permalink)
 Vendor: www.traderwerks.com 
Taipei Taiwan
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Optimus
Favorite Futures: TW
 
Posts: 693 since Jun 2009
Thanks: 440 given, 440 received


Bowie View Post
Hello Traderwerks,

Do you know if he is a one man show (is there a backup if Howard is not around)?

I don't know if he is a one man show. He is the only one I have talked to at DDT.

When he is not around, there is a non market hours trade desk you can call. I have never had to call it.


Bowie View Post
And, how long have you been trading with DDT?

It has been over a year now. Feb / march 2011.

Math. A gateway drug to reality.
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The following 2 users say Thank You to traderwerks for this post:
 
  #215 (permalink)
Elite Member
New York, NY
 
Futures Experience: Intermediate
Platform: Sierra Chart, thinkorswim
Broker/Data: Amp-Rithmic/TT, IB
Favorite Futures: CL, GC, NQ
 
Posts: 569 since Nov 2010
Thanks: 1,797 given, 249 received


traderwerks View Post
I don't know if he is a one man show. He is the only one I have talked to at DDT.

When he is not around, there is a non market hours trade desk you can call. I have never had to call it.

It has been over a year now. Feb / march 2011.

Is there anyone who has been not happy with their experience at DDT?

Does DDT ever respond here on futures.io (formerly BMT)?

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  #216 (permalink)
Trading Apprentice
Chicago, IL. USA
 
Futures Experience: Advanced
Platform: Ninja Trader
Favorite Futures: Mini Indexes
 
Posts: 20 since Nov 2010
Thanks: 2 given, 5 received


Bowie View Post
Hello Traderwerks,

Thanks for the reply and great information. Howard seems to be on top of his game.

Two other questions;

Do you know if he is a one man show (is there a backup if Howard is not around)?

And, how long have you been trading with DDT?

Thanks again.


Bowie

Howard is the Manager of DDT. If he is not directly available, then he is fully backed by the Clearing Firm.

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  #217 (permalink)
Trading Apprentice
Helsinki Finland
 
Futures Experience: Beginner
Platform: evaluating various
Favorite Futures: Currency Futures
 
Posts: 7 since Jul 2012
Thanks: 0 given, 1 received


Chuck T View Post
Hi Bowie,

... I inquired about the possibility of MT4 becoming a platform for futures trading because

Whether you're a broker or a trader, you really don't want MT4 (they've made some changes to MT5 that may deal with some critical issues but it also breaks code compatibility in attempting to fix those issues).

The key issue is that MT4 abstracts things very much and the model on the front doesn't really match the backend model. If you know about trying to map OO to relational model and how hard that problem really is, I think this is kind of similar. It seems simple at first, it can work most of the time, and then you hit some edge case (and there are plenty) and what will happen is a) trader loses b) broker loses c) brokers non MT4 customers fees need to go up to compensate.

At the extreme, there's even traders who seek out new MT4 brokers. These guys have specialized in new MT4 brokers, when they win, b&c happens or alternatively there will be public rants about the broker where it won't be clear who is right as the fight is really concerning the key issue mentioned.

The model mismatch is key issue for otherwise profitable traders and the abstraction will cause issues for new traders

For the one or two MT4 brokers with no criticism about them, they are likely a case of survivorship bias or ability to pay up even when the broker is right about an argument.


EDIT: I realize you're not so much about MT4 but you're probably after indicators for that system mentioned. I don't see why the indicators couldn't be converted. I read a bit about the system and it's possible some of the MC's built-in indicators with some tweaking could actually do what the system is about.


Last edited by avfx; September 10th, 2012 at 01:51 AM. Reason: clarify2
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  #218 (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


Zchartist View Post
Howard is the Manager of DDT. If he is not directly available, then he is fully backed by the Clearing Firm.


@Zchartist

Have you had any dealings with the clearing house... how are they?

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

My daddy always said, "Every day above ground is a good day!"
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  #219 (permalink)
Trading Apprentice
Chicago, IL. USA
 
Futures Experience: Advanced
Platform: Ninja Trader
Favorite Futures: Mini Indexes
 
Posts: 20 since Nov 2010
Thanks: 2 given, 5 received

Absolutely. I find the Clearing House to be very fast & efficient. I can't complain.

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The following user says Thank You to Zchartist for this post:
 
  #220 (permalink)
Elite Member
Birmingham/UK
 
Futures Experience: Advanced
Platform: Sierra Chart
Broker/Data: LMAX/ ADS
Favorite Futures: DAX/ DOW
 
ZCars's Avatar
 
Posts: 142 since Apr 2010
Thanks: 47 given, 102 received


Been with Howard and DDT a few weeks now. He is very fast in responding to my emails and genuinely appears to appreciate my business. I'm using CTS and Sierra, set up and technical details have been resolved quickly. A pleasant contrast to other brokers who treat you like something unpleasant they've picked up on their shoes. Crossland have been v. good also (data permissions and account reporting only so far).

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