Purchased the tools a week or so ago, really excellent addition to tape reading! I am impressed by Pete's praise for other traders and their teachings, and his encouragment to seek them out. A solid company IMO
Same here. Bought the tools several weeks ago. I wonder now how I could watch the Dom and Tape without it quite frankly. Great tools, probably the best money I have spent, on ten same level as futures.io (formerly BMT) membership!
Peter also happens to be a very commendable guy, and has answered very promptly all of the hundreds of questions I have sent him.
Read thru the whole thread, and am glad to hear positive feedback. Just wondering if those of you using this tool feel it is still valuable in the overnight session? I find that most of my trading is done between 530-730am CST. finding it hard to decide when to let a trade run, or just take a few ticks. Mainly trading CL, GC and 6e at this time of day.
This is a time I trade as we're on a different time zone, and yes it is just as good during those hours than at any other time. I try the 6E mainly as well as other contracts, and while I am not yet good to the point where I can enter/exit only with the Dom/Tape, I can tell you that if anything, it helps me A LOT to know when to exit, let run etc..
Rather than take anyone's word for it, you could trial the tools and see for yourself if it helps. I find it does a lot, but everyone is different and it takes some practice and screentime too.
I got an email announcement from jigsaw. They have a new version 4.0 of their tools.
Part of the email and video link:
"Hi All
We are happy to announce that Version 4.0 of the Jigsaw Tools has now been released. The feedback from people in the industry as well as the beta testers has been fantastic.
There's quite a few new readability enhancements and of course, you can now trade directly from the Depth & Sales screen. Here is a short video showing the changes:
For existing customers, you can download the new version from your members.jigsawtrading.com page. If you don't have a login, then let us know and we'll create one.
You can install V4.0 alongside your old V3.0 version of Jigsaw Tools. The new indicators all start with the name "JT_V4" and you will need to replace the "JT_V3" versions on your existing workspaces. The JT_V4_DepthSales indicator allows SIM Trading.
"
The following user says Thank You to Cloudy for this post:
Really like the Jigsaw DOM. But for some reason I was not aware that they will be charging a monthly fee to continue using the DOM for live trading until I got the email about it yesterday. So I am disappointed with that announcement although Jigsaw has every right to make money obviously.
"Typical vendor" is usually used by traders to refer to people who sell products of little or no value, and of questionable originality, at inflated prices.
Jigsaw has come up with some novel ideas and executed them well. Lots or people see it as a great tool and a great value, and other people (including myself) have created DOMs and other tools that use concepts developed by Jigsaw.
That seems like a company that has made a strongly positive contribution to the trading community. We'd be fortunate if it were typical.
Apart from that, I really don't understand the prejudice against vendors. It's not as if trading is an altruistic activity, where we are sacrificing ourselves for the good of society.
The following user says Thank You to futuretrader for this post:
