Trading Business Infrastructure - Traders Hideout | futures io social day trading
futures io futures trading


Trading Business Infrastructure
Updated: Views / Replies:5,751 / 35
Created: by MktWiz Attachments:0

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
 
Thread Tools Search this Thread
 

Trading Business Infrastructure

  #11 (permalink)
Just starting out...
Monterrey, NL, Mexico
 
Futures Experience: Intermediate
Platform: Think or Swim
Broker/Data: Think or Swim
Favorite Futures: ES
 
Posts: 8 since Nov 2009
Thanks: 11 given, 4 received


Big Mike View Post
TraderNinja,

Can you link the stands for me? Do you have any idea if they support 22's in portrait mode?

Nice setup. Pics of my desk w/4x22's are here. As you can see, I am in needs of stands

Mike

P.S.: Too bad I didn't dust first before taking those pics, lol.

Big Mike,

Probably you already knew about this site, here you can get any monitor arrays and stands... Multiple Monitors

Happy Trading
The Wiz

Reply With Quote
 
  #12 (permalink)
Elite Member
Arcata, CA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: index futures, oil
 
Saroj's Avatar
 
Posts: 482 since Jun 2009
Thanks: 223 given, 389 received

sam, you wrote "a backup machine is mandatory imho. A basic laptop is enough, but you should be able to quickly close your positions is something goes wrong with your main workstation."
I was told that the info on orders is local to a single computer so that even if I have a licensed NT on another computer I would not be able to close a position from that computer should the one where the order was placed become unavailable. Would you clarify please?

Reply With Quote
 
  #13 (permalink)
Trade with the flow
Paris, France
 
Futures Experience: Advanced
Platform: Market Delta & Ninjatrader
Favorite Futures: ES
 
cunparis's Avatar
 
Posts: 2,563 since Jun 2009
Thanks: 1,157 given, 2,030 received



Saroj View Post
sam, you wrote "a backup machine is mandatory imho. A basic laptop is enough, but you should be able to quickly close your positions is something goes wrong with your main workstation."
I was told that the info on orders is local to a single computer so that even if I have a licensed NT on another computer I would not be able to close a position from that computer should the one where the order was placed become unavailable. Would you clarify please?

Orders are held on the exchange and you can use ninja on many pcs but only one at a time.

Reply With Quote
The following 2 users say Thank You to cunparis for this post:
 
  #14 (permalink)
Elite Member
Arcata, CA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: index futures, oil
 
Saroj's Avatar
 
Posts: 482 since Jun 2009
Thanks: 223 given, 389 received


cunparis View Post
Orders are held on the exchange and you can use ninja on many pcs but only one at a time.

I understand that the orders are at the exchange (except for "synthetic" orders), but the interface may or may not be designed such that that information is available.

So if I put an order in on computer A which got filled and is still an open position and that computer goes down or NT freezes up, I could start up NT "live" license on computer B, the interface will "see" that position and reflect it in the DOM and / or Control center position tab? What about pending orders that were submitted on Computer A... will I see them on the new instance of NT on Computer B?

Reply With Quote
 
  #15 (permalink)
Trade with the flow
Paris, France
 
Futures Experience: Advanced
Platform: Market Delta & Ninjatrader
Favorite Futures: ES
 
cunparis's Avatar
 
Posts: 2,563 since Jun 2009
Thanks: 1,157 given, 2,030 received


Saroj View Post
I understand that the orders are at the exchange (except for "synthetic" orders), but the interface may or may not be designed such that that information is available.

So if I put an order in on computer A which got filled and is still an open position and that computer goes down or NT freezes up, I could start up NT "live" license on computer B, the interface will "see" that position and reflect it in the DOM and / or Control center position tab? What about pending orders that were submitted on Computer A... will I see them on the new instance of NT on Computer B?

I can answer the 2nd part for pending orders, those will be visible. When Ninja connects it gets your open orders and shows them on the DOM and order tab.

As for an open position, I'm pretty sure it gets this information from the broker so it should work as well (assuming a real account, not sim). When I place orders using IB's TWS they show up in Ninja.

You can ask at the ninjatrader forums for confirmation.

Finally, you can connect to your broker's website and check your position information there. I used to do that all the time when I was running automated strategies. To make sure Ninja was in sync. I don't remember it ever being out of sync.

PS: I never really thought this to be a big deal because I have stops & targets so if my computer went down I don't feel any pressure about my open trades. I do stress out about missing a trade that I was waiting for.

Ninja rarely crashes while trading and almost every time it's cause i'm doing something I shouldn't. SO now I try to keep it simple while trading (no backtesting while trading, very little programming, etc.)

Reply With Quote
 
  #16 (permalink)
Administrator: Retired Backtester
 Vendor: speedytradingservers.com 
Rennes France
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: IB/Kinetick
Favorite Futures: Futures
 
sam028's Avatar
 
Posts: 3,366 since Jun 2009
Thanks: 3,571 given, 3,982 received

The idea of the Computer B, is having an emergency solution for closing open positions, because Computer A is dead.
So you just need a web browser (most brokers provide a web interface to your account), you don't need Ninja, or another "complex" software.

Success requires no deodorant! (Sun Tzu)
Reply With Quote
 
  #17 (permalink)
Trade with the flow
Paris, France
 
Futures Experience: Advanced
Platform: Market Delta & Ninjatrader
Favorite Futures: ES
 
cunparis's Avatar
 
Posts: 2,563 since Jun 2009
Thanks: 1,157 given, 2,030 received


sam028 View Post
The idea of the Computer B, is having an emergency solution for closing open positions, because Computer A is dead.
So you just need a web browser (most brokers provide a web interface to your account), you don't need Ninja, or another "complex" software.

Mirus doesn't prove a web interface, but you may be able to call them to close a position. Or just place an opposite position with another broker but you have to be careful cause if your original position is closed you don't want to end up long or short..

Reply With Quote
 
  #18 (permalink)
Market Wizard
virginia
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
 
cory's Avatar
 
Posts: 5,215 since Jun 2009
Thanks: 628 given, 6,311 received


sam028 View Post
The idea of the Computer B, is having an emergency solution for closing open positions, because Computer A is dead.
So you just need a web browser (most brokers provide a web interface to your account), you don't need Ninja, or another "complex" software.

B should have everything A has. Then ask Ninja for another license so you can have B on at the same time A is on. When A dies all you have to do is switching B from a connection with B license to the connection with A license.


Last edited by cory; November 20th, 2009 at 12:44 PM.
Reply With Quote
 
  #19 (permalink)
Trade with the flow
Paris, France
 
Futures Experience: Advanced
Platform: Market Delta & Ninjatrader
Favorite Futures: ES
 
cunparis's Avatar
 
Posts: 2,563 since Jun 2009
Thanks: 1,157 given, 2,030 received


cory View Post
B should have everything A has. Then ask Ninja for another license so you can have B on at the same time A is one. When A dies all you have to do is switching B from a connection with B license to the connection with A license.

I've asked about a 2nd license, they said no, but you don't need two to do what you suggest. You can use a single license on as many computers as you want but you can only be connected on one at a time.

I have a little notebook set up with ninjatrader and I restore my backups there once in a while. So if something happens I could turn it on (or keep it on if you're paranoid).

If you scalp, I wouldn't worry about, worse is you get stopped out.
If you swing trade, 5 minutes isn't going to make a big difference.
So I can say in over 1 year trading with Ninja, I have never had this problem.

Reply With Quote
 
  #20 (permalink)
Market Wizard
New Orleans, La (Mardi Gras City)
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Ninjatrader / Optimus Futures / AmpFutures
Favorite Futures: ES / 6E / 6B / CL
 
DavidHP's Avatar
 
Posts: 1,001 since Aug 2009
Thanks: 802 given, 1,367 received



cunparis View Post
I've asked about a 2nd license, they said no, but you don't need two to do what you suggest. You can use a single license on as many computers as you want but you can only be connected on one at a time.


Do this.
Get a DEMO license.

I run a second computer with a demo license and it runs ALL THE TIME.
I use it to record replay data.

I also have the LIVE Lifetime License Key (in a text file) on that pc and I run Logmein on that pc.

Should I have an issue with my laptop I can access Logmein from ANY pc and simply go into the DEMO version of NT and Change the License key.

Once it is changed and restarted, I have a full working version of NT on the second PC with all the functions of my Lifetime License.

The restriction on the Live Licenses is just ONE pc at a time. You can have it on multiple pcs just not running at the same time.

Rejoice in the Thunderstorms of Life . . .
Knowing it's not about Clouds or Wind. . .
But Learning to Dance in the Rain ! ! !
Reply With Quote

Reply



futures io > > > Trading Business Infrastructure

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
How to start a trading business? Jaime Oreffa Beginners and Introductions 4 April 17th, 2011 09:20 PM
Why are you in this business itrade2win Traders Hideout 2 December 29th, 2010 01:12 PM
Trading as a Business ZTR The Elite Circle 120 December 23rd, 2010 05:14 PM
Trading Business Plan lipton80205 Traders Hideout 11 July 10th, 2010 09:31 AM
Better Place - biggest electric car infrastructure-project on the run ! max-td Off-Topic 9 May 20th, 2010 04:08 AM


All times are GMT -4. The time now is 07:33 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 2017-12-11 in 0.17 seconds with 19 queries on phoenix via your IP 54.226.132.197