Webinar: Nextrader Overview, what is it and why do you want it? - Trading Technologies | futures io social day trading
futures io futures trading


Webinar: Nextrader Overview, what is it and why do you want it?
Updated: Views / Replies:7,568 / 52
Created: by Big Mike Attachments:21

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 – 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 don’t 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
 21  
 
Thread Tools Search this Thread
 

Webinar: Nextrader Overview, what is it and why do you want it?

  #21 (permalink)
Elite Member
Amsterdam
 
Futures Experience: None
Platform: J.A.R.V.I.S.
Favorite Futures: N/A
 
Cogito ergo sum's Avatar
 
Posts: 193 since Jul 2010
Thanks: 211 given, 158 received


Big Mike View Post
What did everyone think of the webinar?

Mike

It was a great lineup of speakers with a promising product. I find it unfortunate that the product they showed is in relatively early development as such the product is hard to evaluate. However, what they demonstrated seems solid and intuitive. I signed up for the beta programme before the webinar and look forward testing the product. I am awaiting a pricing announcement to evaluate if it will be worth the overhead

Reply With Quote
 
  #22 (permalink)
Market Wizard
Houston, TX
 
Futures Experience: Advanced
Platform: XTrader
Broker/Data: Advantage Futures
Favorite Futures: Energy
 
Posts: 2,123 since Dec 2013
Thanks: 1,749 given, 3,360 received
Forum Reputation: Legendary


Cogito ergo sum View Post
It was a great lineup of speakers with a promising product. I find it unfortunate that the product they showed is in relatively early development as such the product is hard to evaluate. However, what they demonstrated seems solid and intuitive. I signed up for the beta programme before the webinar and look forward testing the product. I am awaiting a pricing announcement to evaluate if it will be worth the overhead

If your familair with XTrader I think you'll find that the finished product will effectively be XTrader 8.0. Given that, and the fact that it looks like TT are about to start supplying their own infrastructuire and hosting I would speculate that it will be more expensive than the current XTrader product.


Big Mike View Post
What did everyone think of the webinar?
Mike

The thing that shocked me was the announcement that TT will be providing the infrastructure for the co-located part of the solution. There are many FCMs and technology companies that have spent a lot of money in being able to provide cutting edge hosting solutions. Looked to me like TT is potentially going to cut them out completely.

Reply With Quote
The following user says Thank You to SMCJB for this post:
 
  #23 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
Thanks: 29,356 given, 83,237 received


FCM's still make their commission, but with less hardware infrastructure costs and support. They'll need to focus on other wise to differentiate themselves.

Sent from my LG Optimus G Pro

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following user says Thank You to Big Mike for this post:
 
  #24 (permalink)
Elite Member
NY, NY/USA
 
Futures Experience: Advanced
Platform: Investor/RT and TT XT
Broker/Data: DTN IQFeed, Rthmic, TT-NET
Favorite Futures: Energy Futures
 
BTR411's Avatar
 
Posts: 222 since Mar 2013
Thanks: 196 given, 1,176 received


SMCJB View Post
The thing that shocked me was the announcement that TT will be providing the infrastructure for the co-located part of the solution. There are many FCMs and technology companies that have spent a lot of money in being able to provide cutting edge hosting solutions. Looked to me like TT is potentially going to cut them out completely.

Sort of the mantra of the company since the early days...cut out the competition and set the market (all which is fine with me).

I wasn't able to attend live, but as a XT user I thought the webinar was a good presentation of the new platform. The changes to the audit trail really helps simply some things in regards to workspace management and record keeping. Also, adding the tab to MD Trader in order to switch between contracts is a very nice addition.

What do others think of platform being web based? I am not as computer savvy as others, but I've always felt the connotation with web based platforms was slower speed/performance. Obviously, speed is not something that TT would overlook, but does anyone have thoughts on this?

If you can keep your wits about you while all others are losing theirs, and blaming you....The world will be yours and everything in it, what's more, you'll be a man, my son. - Kipling
Reply With Quote
The following user says Thank You to BTR411 for this post:
 
  #25 (permalink)
Elite Member
Texas, USA
 
Futures Experience: Intermediate
Platform: X_TRADER Pro, Custom
Broker/Data: NxCore
Favorite Futures: Futures, Spreads
 
Hulk's Avatar
 
Posts: 215 since May 2014
Thanks: 509 given, 474 received


Big Mike View Post
What did everyone think of the webinar?

Mike

I found it very useful.

The explanation of Autospreader was great - pretty much what I was looking for to get started.

Server side execution is very appealing for some of the automation I am planning so it was good to know the direction TT is headed in.

Hopefully, it wont be too big a deal to convert everything I have in TradeStation over to TT .

Thanks Mike.

Reply With Quote
 
  #26 (permalink)
Market Wizard
Houston, TX
 
Futures Experience: Advanced
Platform: XTrader
Broker/Data: Advantage Futures
Favorite Futures: Energy
 
Posts: 2,123 since Dec 2013
Thanks: 1,749 given, 3,360 received
Forum Reputation: Legendary


Hulk View Post
Hopefully, it wont be too big a deal to convert everything I have in TradeStation over to TT .

Interesting. I would view TT and Tradestation as very different products, with very different uses and purposes. What type of things would you look to convert over?

Based upon TT's XTrader 7.17 release my hopes and expectations for Nextrader have been significantly reduced. I've never thought TT did a good job properly testing new releases, but 7.17 set new lows.

Reply With Quote
The following user says Thank You to SMCJB for this post:
 
  #27 (permalink)
Elite Member
Texas, USA
 
Futures Experience: Intermediate
Platform: X_TRADER Pro, Custom
Broker/Data: NxCore
Favorite Futures: Futures, Spreads
 
Hulk's Avatar
 
Posts: 215 since May 2014
Thanks: 509 given, 474 received


SMCJB View Post
Interesting. I would view TT and Tradestation as very different products, with very different uses and purposes. What type of things would you look to convert over?

Based upon TT's XTrader 7.17 release my hopes and expectations for Nextrader have been significantly reduced. I've never thought TT did a good job properly testing new releases, but 7.17 set new lows.

I am moving to a firm where all traders use TT. So I dont really have a choice of platform/broker unless it is really bad. Plus, there is heavy emphasis on trading spreads here instead of outrights and TS is not really built for trading spreads.

As long as I can annotate charts using my code I should be OK. I looked at the TTAPI and its .NET based so I should be able to use data structures much better than I can in TS. Browsing through the reference docs, I could see it has most of the elements related to T&S that I would need to capture.

What kind of programming/strategies would you say TT is not appropriate for?

Reply With Quote
 
  #28 (permalink)
Market Wizard
Houston, TX
 
Futures Experience: Advanced
Platform: XTrader
Broker/Data: Advantage Futures
Favorite Futures: Energy
 
Posts: 2,123 since Dec 2013
Thanks: 1,749 given, 3,360 received
Forum Reputation: Legendary


Hulk View Post
I am moving to a firm where all traders use TT. So I dont really have a choice of platform/broker unless it is really bad. Plus, there is heavy emphasis on trading spreads here instead of outrights and TS is not really built for trading spreads.

As long as I can annotate charts using my code I should be OK. I looked at the TTAPI and its .NET based so I should be able to use data structures much better than I can in TS. Browsing through the reference docs, I could see it has most of the elements related to T&S that I would need to capture.

What kind of programming/strategies would you say TT is not appropriate for?

XTrader is known as a professional traders tool as opposed to a retail trader tool. It's API, Autospreader, Autotrader and ADL modules are all excellent. It's Excel/RTD interface is as good as I have ever seen. Spreads, Butterfly's you name it, XTrader can handle it. All things that I would have said were weakness's of Tradestation.

What XTrader is not known for is it's charting or technical analysis, and it can't be used for back testing. Two things that I would have said that Tradestation was known for.

I would add that many of the issues people have with TT are actually caused by their brokers and not a function of TT. Hence having a good broker setup/infrastructure (or more importantly NOT having a bad one) can be important.

Reply With Quote
The following user says Thank You to SMCJB for this post:
 
  #29 (permalink)
Elite Member
Texas, USA
 
Futures Experience: Intermediate
Platform: X_TRADER Pro, Custom
Broker/Data: NxCore
Favorite Futures: Futures, Spreads
 
Hulk's Avatar
 
Posts: 215 since May 2014
Thanks: 509 given, 474 received


SMCJB View Post
XTrader is known as a professional traders tool as opposed to a retail trader tool. It's API, Autospreader, Autotrader and ADL modules are all excellent. It's Excel/RTD interface is as good as I have ever seen. Spreads, Butterfly's you name it, XTrader can handle it. All things that I would have said were weakness's of Tradestation.

What XTrader is not known for is it's charting or technical analysis, and it can't be used for back testing. Two things that I would have said that Tradestation was known for.

I would add that many of the issues people have with TT are actually caused by their brokers and not a function of TT. Hence having a good broker setup/infrastructure (or more importantly NOT having a bad one) can be important.

Thanks. That helps a lot. I will hang on to TS until I am sure XTrader can handle what I need.

Reply With Quote
 
  #30 (permalink)
Trading Apprentice
Chicago, Il
 
Futures Experience: Master
Platform: X_TRADER
Favorite Futures: currency futures
 
Posts: 21 since Jul 2010
Thanks: 3 given, 19 received


Hulk,

What kind of functionality are you looking for? I've found X_TRADER to handle everything I've required very well. As noted earlier, andr I've heard this before, most field problems I heard with tt has been related to the broker, not the software. The new tt platform is ASP so they're taking bad FCM support out of the equation. I'm in Chicago and most of the legit prop shops carry and push tt because it is reliable. Regarding the charts, I hear that's already been cleaned up in the new platform as they partnered with another vendor for more history.

Reply With Quote
The following 2 users say Thank You to twoshepards for this post:

Reply



futures io > > > > Webinar: Nextrader Overview, what is it and why do you want it?

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Webinar: LinnSoft Investor/RT Overview LS Chad Investor/RT 59 October 16th, 2017 02:32 PM
Webinar: Optimus Futures New Accounts Overview Big Mike Reviews of Brokers and Data Feeds 44 October 3rd, 2014 01:32 PM
Introducing Nextrader SMCJB Trading Technologies 3 April 28th, 2014 08:06 PM
Webinar: X_Trader Functionality Overview & Q/A bobk Trading Technologies 30 August 21st, 2011 07:08 PM
CL Overview TempletonPeck Commodities Futures Trading 39 February 23rd, 2011 07:58 PM


All times are GMT -4. The time now is 09:04 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 2017-12-18 in 0.20 seconds with 20 queries on phoenix via your IP 107.20.115.174