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TopstepTrader's Michael Patak (Founder) - Ask Me Anything (AMA)


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TopstepTrader's Michael Patak (Founder) - Ask Me Anything (AMA)

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  #251 (permalink)
Houston, TX/USA
 
Experience: Beginner
Platform: Sierra Chart
Broker: Sierra Charts Data Feed
Trading: Futures
 
Chrismind's Avatar
 
Posts: 68 since May 2013
Thanks: 40 given, 101 received

NinjaTrader is now supported by TsT. Yes, you heard right. Enjoy

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  #252 (permalink)
Market Wizard
Ilsede, Germany
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: Rithmic / CQG / Ninja Trader Brokerage
Trading: NQ, YM, ES
 
Daytrader999's Avatar
 
Posts: 1,182 since Sep 2011
Thanks: 1,157 given, 1,612 received


TopstepTrader View Post
Ryanmcc15- As of today, our Trader Support team has started contacting those on the waiting list to invite them to the Combine, using NT. The earliest for those invited to begin will be tomorrow.

I will keep futures.io (formerly BMT) traders posted on the public release which should be happening very soon.

mp

Hi Michael,

Since I should be on the waiting list for more than one year now (after I've been one of the first traders to try out NT in vain) and with a free combine left as well, I didn't receive any information from TST yet...

So, if all remaining issues regarding NT have been resolved by now, I'd like to give NT another try in a combine which I'd like to start on January 6th.

"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
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  #253 (permalink)
Market Wizard
Mumbai, India
 
Experience: Advanced
Platform: ChartNexus
Trading: Stocks, Commodities, Futures
 
iqgod's Avatar
 
Posts: 1,714 since Feb 2012
Thanks: 3,540 given, 2,850 received


It is a commendable effort.
However, for the benefit of all, keep these issues at the back of your mind:

Known NinjaTrader Issues ? Help & Feedback Center


My Account Positions, Cash On Hand, and Trade Position on the Dynamic Dom fail to reappear after disconnecting from the data feed or after an internet connection failure.

Dynamic Dom
- Working Orders remain working (visible in R|Trader, however they are not visible on NT ladder upon reconnection)
- Trade RPnL fails to calculate or acknowledge position, however when Flatten or Close is clicked, the trade executes

Control Center → Positions
- Screen is blank after reconnection

Control Center → Accounts
- Account balance data disappears after reconnection

There is a display error on Charts after OCO Profit or Stop leg hit.

Chart Trader and Dynamic Dom
- After position filled and profit target reached, the stop loss order appears to not be cancelled automatically, remains frozen on chart after the market trades through it

This problem is resolved by restarting the NinjaTrader platform. To reiterate, this is a display error and not a functionality error. Attempts to recreate this problem consistently have failed. If you do encounter this problem, please email support@topsteptrader.com with supporting documentation (screenshots, log files, actions leading up to error).

If you experience either of these problems, we recommend verifying your positions, working orders, and account balances through the R|Trader platform. Once your account is flat with no working orders on, please close down and restart NinjaTrader.


Question for Michaeal,

Are we now able to instruct NinjaTrader to flatten before 3:10pm automatically?

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  #254 (permalink)
Site Moderator
Sarasota FL
 
Experience: Intermediate
Platform: Sierra Chart
Trading: ES, YM
 
bobwest's Avatar
 
Posts: 5,739 since Jan 2013
Thanks: 44,755 given, 19,389 received

Just a quick word on NT for TsT in its present phase:

At this point, users who opt for testing Ninja on TsT are beta testers. Beta testers, in software releases, are supposed to find the inevitable bugs that the developers could not find because they were too close to their own software to test it in all its aspects.

This is a crucial part of software development and rollout... and somebody has to do it. Usually, it is early adopters who are willing to take their lumps in order to get a jump on using the initial version, in exchange for reporting the issues they find.

I've usually been the developer and not the tester, and have been grateful for the testers who found my bugs for me. Software can't be rolled out without them.

But if you want to just use the software in a Combine, hang on until the testing is complete. Really... there will be a lot of things that need to be found and fixed before using it is routine... or, perhaps, not so many, but the process still has to complete.

I am strongly in favor of TsT's Combine, and of their decision to add NinjaTrader to their supported platforms, but it will take a bit of real-time testing to shake it all down.

They're doing this right. Patience is important for the user community at this point, hopefully not for long. (And, yes, I'll be happy when I don't have to dork around with using NT for charting and the T4 DOM for trade entry .... Patience.... )

Bob.

When one door closes, another opens.
-- Cervantes, Don Quixote
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  #255 (permalink)
Nashville, Tennessee
 
Experience: Intermediate
Platform: Ninja / Jigsaw / 9G
Broker: AMP / CQG
Trading: NQ, YM and ES
 
tderrick's Avatar
 
Posts: 1,588 since Sep 2010
Thanks: 4,260 given, 2,529 received


iqgod View Post
It is a commendable effort.
However, for the benefit of all, keep these issues at the back of your mind:

Known NinjaTrader Issues ? Help & Feedback Center


My Account Positions, Cash On Hand, and Trade Position on the Dynamic Dom fail to reappear after disconnecting from the data feed or after an internet connection failure.

Dynamic Dom
- Working Orders remain working (visible in R|Trader, however they are not visible on NT ladder upon reconnection)
- Trade RPnL fails to calculate or acknowledge position, however when Flatten or Close is clicked, the trade executes

Control Center → Positions
- Screen is blank after reconnection

Control Center → Accounts
- Account balance data disappears after reconnection

There is a display error on Charts after OCO Profit or Stop leg hit.

Chart Trader and Dynamic Dom
- After position filled and profit target reached, the stop loss order appears to not be cancelled automatically, remains frozen on chart after the market trades through it

This problem is resolved by restarting the NinjaTrader platform. To reiterate, this is a display error and not a functionality error. Attempts to recreate this problem consistently have failed. If you do encounter this problem, please email support@topsteptrader.com with supporting documentation (screenshots, log files, actions leading up to error).

If you experience either of these problems, we recommend verifying your positions, working orders, and account balances through the R|Trader platform. Once your account is flat with no working orders on, please close down and restart NinjaTrader.


Question for Michaeal,

Are we now able to instruct NinjaTrader to flatten before 3:10pm automatically?



What is R trader ?

grazie


AJ
Nashville, Tennessee


"Life On The Edge of SR"
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  #256 (permalink)
Market Wizard
Mumbai, India
 
Experience: Advanced
Platform: ChartNexus
Trading: Stocks, Commodities, Futures
 
iqgod's Avatar
 
Posts: 1,714 since Feb 2012
Thanks: 3,540 given, 2,850 received


tderrick View Post
What is R trader ?

grazie

From:

Rithmic - Trading Interfaces

R | Trader is Rithmic's front end trading and real time risk management screen. With R | Trader you can view quotes, market depth and option strikes in real time, place trades and pull orders, and view order history, performance, positions and risk limits.

Note: The same combine login information used for NinjaTrader can be used to login to R Trader.

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  #257 (permalink)
Nashville, Tennessee
 
Experience: Intermediate
Platform: Ninja / Jigsaw / 9G
Broker: AMP / CQG
Trading: NQ, YM and ES
 
tderrick's Avatar
 
Posts: 1,588 since Sep 2010
Thanks: 4,260 given, 2,529 received


iqgod View Post
From:

Rithmic - Trading Interfaces

R | Trader is Rithmic's front end trading and real time risk management screen. With R | Trader you can view quotes, market depth and option strikes in real time, place trades and pull orders, and view order history, performance, positions and risk limits.

Note: The same combine login information used for NinjaTrader can be used to login to R Trader.

Please excuse my ignorance ... so R Trader = Rithmic = TST ?

.. in other words... TST uses R trader via rithmic?


AJ
Nashville, Tennessee


"Life On The Edge of SR"
Follow me on Twitter Visit my Facebook Visit my futures io Trade Journal Reply With Quote
 
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  #258 (permalink)
Market Wizard
Mumbai, India
 
Experience: Advanced
Platform: ChartNexus
Trading: Stocks, Commodities, Futures
 
iqgod's Avatar
 
Posts: 1,714 since Feb 2012
Thanks: 3,540 given, 2,850 received


tderrick View Post
Please excuse my ignorance ... so R Trader = Rithmic = TST ?

.. in other words... TST uses R trader via rithmic?

As I understand it TST preferred T4 because it gave them the ability to monitor and actively cut off positions if risk limits are being exceeded (especially for live prep or live traders).

FCM and IB administrators use R | Trader to do all that traders can on behalf of any of their users and accounts. Administrators can set risk limits, activate and deactivate users and accounts and record fills and cancels whose execution has been made outside of the Rithmic trade execution software.

Thus, I have come to understand that TST uses R Trader in conjunction with NinjaTrader to manage risk of open positions.

I could be way off, so this comes attached with the proverbial grain of salt.

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  #259 (permalink)
Chicago, IL
 
Experience: Advanced
Platform: TSTrader, NinjaTrader...
Trading: ALL- Futures, Forex, Equities
 
TopstepTrader's Avatar
 
Posts: 246 since Feb 2013
Thanks: 57 given, 690 received


Daytrader999 View Post
Hi Michael,

Since I should be on the waiting list for more than one year now (after I've been one of the first traders to try out NT in vain) and with a free combine left as well, I didn't receive any information from TST yet...

So, if all remaining issues regarding NT have been resolved by now, I'd like to give NT another try in a combine which I'd like to start on January 6th.

Daytrader999- Contact support@topsteptrader.com or call 312.252.9490. Ninja is available. It is just not public yet.

mp

If you have any questions about our products or services at TopstepTrader, please send me a Private Message or use the FIO "Ask Me Anything" thread.
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  #260 (permalink)
Chicago, IL
 
Experience: Advanced
Platform: TSTrader, NinjaTrader...
Trading: ALL- Futures, Forex, Equities
 
TopstepTrader's Avatar
 
Posts: 246 since Feb 2013
Thanks: 57 given, 690 received



iqgod View Post
It is a commendable effort.
However, for the benefit of all, keep these issues at the back of your mind:

Known NinjaTrader Issues ? Help & Feedback Center


My Account Positions, Cash On Hand, and Trade Position on the Dynamic Dom fail to reappear after disconnecting from the data feed or after an internet connection failure.

Dynamic Dom
- Working Orders remain working (visible in R|Trader, however they are not visible on NT ladder upon reconnection)
- Trade RPnL fails to calculate or acknowledge position, however when Flatten or Close is clicked, the trade executes

Control Center → Positions
- Screen is blank after reconnection

Control Center → Accounts
- Account balance data disappears after reconnection

There is a display error on Charts after OCO Profit or Stop leg hit.

Chart Trader and Dynamic Dom
- After position filled and profit target reached, the stop loss order appears to not be cancelled automatically, remains frozen on chart after the market trades through it

This problem is resolved by restarting the NinjaTrader platform. To reiterate, this is a display error and not a functionality error. Attempts to recreate this problem consistently have failed. If you do encounter this problem, please email support@topsteptrader.com with supporting documentation (screenshots, log files, actions leading up to error).

If you experience either of these problems, we recommend verifying your positions, working orders, and account balances through the R|Trader platform. Once your account is flat with no working orders on, please close down and restart NinjaTrader.


Question for Michaeal,

Are we now able to instruct NinjaTrader to flatten before 3:10pm automatically?


iqgod- Yes, please review this link: http://help.topsteptrader.com/knowledgebase/articles/293982-how-to-automatically-flatten-trades

mp

If you have any questions about our products or services at TopstepTrader, please send me a Private Message or use the FIO "Ask Me Anything" thread.
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