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I am beginning to learn to trade using the DOM. In addition to Jigsaw and NinjaTrader could someone recommend me any other platform that has a good integrated DOM?
Can you help answer these questions from other members on NexusFi?
TT offers a great DOM, considering the fact that they invented it
Use Promo Code FUTURES.IO for $0.45 futures commissions, $0.19 micro commissions HERE. *Promotion only available to new customers. Other fees such as exchange and NFA still apply*
Mike Murphy | Director of Trading
Ironbeam Futures
Phone: 312-765-7228 | [email protected]
Trying to learn DOM trading too and currently on Ninja 8. I guess the NT 8 DOM is super basic because it's FREE? It appears that Jigsaw and TT are the best and you have to pay for them? TT looks awesome but is expensive.
If you're looking for a free DOM, we offer the new Firetip X for free. No monthly or transactional fees. It has a full DOM with custom order types, one click trading etc.
Feel free to DM if you have any questions.
Mike Murphy
Use Promo Code FUTURES.IO for $0.45 futures commissions, $0.19 micro commissions HERE. *Promotion only available to new customers. Other fees such as exchange and NFA still apply*
Mike Murphy | Director of Trading
Ironbeam Futures
Phone: 312-765-7228 | [email protected]
I watched the video, it looks great. Not sure I'd know the difference in using it or Ninja Trader 8 DOM. Since I know how to work Ninja and have it set up on my workspace, I'm probably not ready to change unless it could give me some distinct advantage. I'm at the stage of "if it ain't broke, don't fix it"! Thank you, Big Mike. I'll keep learning and watching.
I'd recommend Sierra chart DOM - has essentially the same feature set as jigsaw. I understand that Ninja's DOM is better than it used to be (looks like that) but it's still far behind Sierra, not surprisingly.
While TT's DOM is traditionally "the standard", it's now web-based, and I don't trust a browser-rendered DOM for speed as much as I do a standalone one. Also, while the new TT has some nice features, I still don't think it compares feature-wise to Jigsaw/SC.
That said, TT does have easier cancellation of orders, moving of orders, etc. than SC. As always, you will pay a monthly minimum and hefty per-side fee (triple CQG for example) for the privilege of using TT web.
