X-Trader Trading Platform - Trading Technologies | futures io social day trading
futures io futures trading


X-Trader Trading Platform
Updated: Views / Replies:64,825 / 188
Created: by Big Mike Attachments:8

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

Closed Thread
 8  
 
Thread Tools Search this Thread
 

X-Trader Trading Platform

  #101 (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, 2,032 received


bathrobe View Post
futuresbroker.com is free and less ($4.26) I think they are a subsidiary of Velocity though.

I just went to the futuresbroker.com site and I did the live chat and I ended up chatting with my Velocity rep! So I told her I was looking for another broker with Bund on sim. She wasn't amused.

 
  #102 (permalink)
Membership Permanently Revoked
 
Futures Experience: Intermediate
 
Posts: 1,176 since Nov 2009
Thanks: 221 given, 844 received

so after much searching.. I am now doing X-trader as well... just started this week... the learning curve is not that hard... I was able to trade today without any issues and met my goal in a few minutes.. then just moved on to TTSIM to play and try new things...

I have much to learn about the platform still, but it is faster than NT7!! ... I still like tradevec, but I like the EPIQ with XT... I wish others had thought of it and added it since that is rather useful and it is tracked at the workstation level, so it is estimated at best, but better than wondering where the hell your order is on the queue... oh wait, TT will patent that too and charge 0.15c per transaction (if they have not yet done it that is )

The following 2 users say Thank You to sysot1t for this post:
 
  #103 (permalink)
Membership Permanently Revoked
 
Futures Experience: Intermediate
 
Posts: 1,176 since Nov 2009
Thanks: 221 given, 844 received



GentleTrader View Post
Which broker is that? The "problem" of TT is that your platform depends on TT server at your IB. Better clients get better servers/net speed.

that is very much true... it is my understanding that Advantage Futures has the most robuts TT setup out there available to retail... but their account management features suck... even worst than dorman trading...

The following user says Thank You to sysot1t for this post:
 
  #104 (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, 2,032 received


sysot1t View Post
so after much searching.. I am now doing X-trader as well... just started this week... the learning curve is not that hard... I was able to trade today without any issues and met my goal in a few minutes.. then just moved on to TTSIM to play and try new things...

I have much to learn about the platform still, but it is faster than NT7!! ... I still like tradevec, but I like the EPIQ with XT... I wish others had thought of it and added it since that is rather useful and it is tracked at the workstation level, so it is estimated at best, but better than wondering where the hell your order is on the queue... oh wait, TT will patent that too and charge 0.15c per transaction (if they have not yet done it that is )

I find the ninja dom is slightly faster but I much prefer the "fisher price" look & feel of the x-trader dom. it's bigger and easier to click. the EPIQ is very cool. But I really need the OCO plugin which means paying $650/month. Hopefully my volume will increase to the point where it's cheaper to pay the $650/month fee instead of higher commissions.

Ninja could have really added to the DOM for NT7 but they didn't change much of anything on the DOM. that's too bad.

 
  #105 (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: 29,354 given, 83,237 received


cunparis View Post
I find the ninja dom is slightly faster but I much prefer the "fisher price" look & feel of the x-trader dom. it's bigger and easier to click. the EPIQ is very cool. But I really need the OCO plugin which means paying $650/month. Hopefully my volume will increase to the point where it's cheaper to pay the $650/month fee instead of higher commissions.

Ninja could have really added to the DOM for NT7 but they didn't change much of anything on the DOM. that's too bad.

If you are with Velocity I am quite certain you can get the OCO plugin for free. Am I wrong? I actually stopped using OCO Trader and the Profit Target manager whatever it was called because I found it easier to just set the targets myself.

Mike

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.

The following 2 users say Thank You to Big Mike for this post:
 
  #106 (permalink)
Membership Permanently Revoked
 
Futures Experience: Intermediate
 
Posts: 1,176 since Nov 2009
Thanks: 221 given, 844 received


Big Mike View Post
If you are with Velocity I am quite certain you can get the OCO plugin for free. Am I wrong? I actually stopped using OCO Trader and the Profit Target manager whatever it was called because I found it easier to just set the targets myself.

Mike

that is correct... OCO Trader Limited will apply whatever trade strategy you want to apply... including multi level... and it is included for free.. PS trader has similar functionality, but I see it more of use if you are trying to build a position and want to to do it over time.. like, if you wanted to buy 100 cars on 6E at a price range.. at least that is how I understood it.

MD Trader seems to have an OCO as well, but it is manual... so OCO Trader Ltd is automatic once you drag the instruments you want to trade and activate them... I was able to duplicate most, of the functionality that I had chased with the NT7 ATM, with the exception of of accelerating the trailing stop after X number of ticks.. if it has it, I have not figured it out yet...

I would have liked their time and sales to allow me to aggregate the trades taking place at a given price if at the bid or ask... I would have liked that feature.

Here is the link for the PDF explaining how it works..

https://customer.velocityfutures.com/download/OCO_Trader_Ltd_User_Manual.pdf

and here is the dl link

https://customer.velocityfutures.com/download/OCO_Trader_Install_v1.3.2.exe

The following 2 users say Thank You to sysot1t for this post:
 
  #107 (permalink)
Membership Permanently Revoked
 
Futures Experience: Intermediate
 
Posts: 1,176 since Nov 2009
Thanks: 221 given, 844 received

The Importance of Knowing your trading platform

I have been getting up early, to build some discipline, and I started to trade at around 8AM EST 6E.. mainly because I believe it to be slow at that time and also because I wanted to continue to play with XTrader... the first 5 trades were all losers... but not because I got it wrong, but rather because I didnt know how to properly use the platform... specially OCO Trader Ltd... did you know that if you launch it more than once, all of them will take effect on your single DOM orders? yep... It drove me crazy and I could not figure out why the trades were not working or happening at odd places... gave up around 9AM since I was late for work.. closed my dom, ignore the messages.. and hopped on the car.

as it turns out, when I got to the office two things happened... I had clicked one time too many or one of the stops was still active when I closed it.. and, I came to find a nice(could have been really bad) surprise when I launched my workspace on XT... I had made a 2K profit.. now imagine if that had been a loss... an order had remained open... and contrary to some opinions, it seems as OCO orders via OCOltd are on the exchange, not your workstation.. not sure how it happened yet.

I was puzzled so I kept trading through out the day on my main market, TF... and I was up and down all day, again, learning a new platform.. but by following my setups and sticking to my plan I "made" money... I dont count the 6E wins... that could have been a loss just as well.. got lucky and trend was down..

anyhow, if you are going to use XT.. learn its limitations... I am yet to figure out how to have a strategy that will move me to BE+1 and then start trailing after x ticks... it will either trail from the start or not, which means you have to manually move your stops and that doesnt really work (it will cancel them instead).. I figure how to do with OCOtraderLtd... but you have to go back and reset it afterwards.. which is a no-no for me if I am interrupted and then forget and get back and enter a trade and get stopped out on 2-3 ticks..

so what can you learn from my "successfull" screw up... LEARN THE PLATFORM BEFORE TRADING WITH REAL CASH... luckily for me, I didnt trade with real cash this morning when I got up or else I would have lost my 3% in the first 30 mins of trading since I kept making errors with the platform.. and possibly even more if that $2K "winner" had been a loser and using real money... I wonder the velocity risk mgmt would have gotten me out of the trade if they saw a 10% loss for the day... hmmm.. who knows... anyhow... I am a bit proud that I was able to focus on the plan I formulated while I was driving to the office, even though there were some sweet shorting opportunities today and I was super tempted to just log out of TTSIM more than once and trade real funds.

so stick to your plan, and learn the platform... or risk losing the account for real... I will assume last week was merely luck as my target is only 4-5 ticks and I won the first trade... so I stopped trading within 5 mins... I am sure I would have had the same issues I did this morning given the first 2-3 were losers... and I kept trading since I had not lossed 3% yet..

anyhow, enough ranting.. and now, the P&L .. :P

Attached Thumbnails
X-Trader Trading Platform-tt.png  
The following 2 users say Thank You to sysot1t for this post:
 
  #108 (permalink)
Elite Member
CA
 
Futures Experience: Master
Platform: Marketdelta and Ninja
Broker/Data: Velocity
Favorite Futures: NQ
 
Posts: 670 since Apr 2010
Thanks: 64 given, 521 received

with futuresbroker.com, you can only talk to a broker if you need to get out of a position. If you have any other questions, you can't call to talk to anyone. Everything is done through email from then on. So if you need support, it has to be done through chat or email.


bathrobe View Post
futuresbroker.com is free and less ($4.26) I think they are a subsidiary of Velocity though.


The following 3 users say Thank You to Michael.H for this post:
 
  #109 (permalink)
Watch Your Risk
West Coast
 
Futures Experience: Advanced
Platform: X_Trader, Bookmap, R|T
Broker/Data: IQ Feed, TT, Rithmic
Favorite Futures: Index Futures, Energy and Interest Rate spreads
 
bathrobe's Avatar
 
Posts: 79 since Oct 2010
Thanks: 50 given, 34 received


cunparis View Post
I just went to the futuresbroker.com site and I did the live chat and I ended up chatting with my Velocity rep! So I told her I was looking for another broker with Bund on sim. She wasn't amused.

Did your Velocity rep mention why they are 24 cents less if you use futuresbroker.com? Does one seem better than the other, for any reason other than commission?

 
  #110 (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, 2,032 received



Michael.H View Post
with futuresbroker.com, you can only talk to a broker if you need to get out of a position. If you have any other questions, you can't call to talk to anyone. Everything is done through email from then on. So if you need support, it has to be done through chat or email.

I will say though every time I've done an online chat with velocity or futuresbroker (same) I've gotten someone within seconds. And oddly enough it's been the same person. Not sure how they do that. If they're not busy or if they only have one person handling requests.


Closed Thread



futures io > > > > X-Trader Trading Platform

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
FOREX broker that's compatiable with NINJA TRADER platform......... mdsvtr Reviews of Brokers and Data Feeds 6 January 30th, 2013 02:04 PM
R trader platform john924 Reviews of Brokers and Data Feeds 14 January 31st, 2011 02:00 PM
New Trading platform Michael.H The Elite Circle 19 September 16th, 2010 01:54 PM
Best Platform for Sim Trading? nqemini Traders Hideout 7 March 20th, 2010 12:47 PM


All times are GMT -4. The time now is 12:06 PM.

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 2017-12-17 in 0.16 seconds with 20 queries on phoenix via your IP 54.90.92.204