FYI, I have had more problems with Eurex than with TT. Fo' Sho' !!
But with velocity make sure you understand what orders are native to the exchange you are trading because their phone brokers drop the ball (!!). It's no good when your internet goes down and you have your orders resting on the exchange, only for you to call Velocity and they go and trade you out at market (!!!!!!!!!!).
It's a reliable platform. If speed is what you need to run your autospreader then you ain't gonna be trading it from home are you?? It doesn't come with fancy charts (X_study is shit!) but if trades and orders are what you need then it is a proper piece of kit.
The following user says Thank You to cpi65 for this post:
I think TT suites trader who trades who are not rely on chart-trading style or indicators.
I did use it on TTSIM with VF but still has a lot more to experiment and explore.
I've found X-study is simple and good enough for a Java based chart , one interesting aspect of X-Study is with Volume related indicator as well as Market profile.
Definitely ,TT Auto-spreader is not for trader who trader from home.
I'm not sure if Velocity has finish their ASE server functionality, ASE might help reduce latency issue with Auto Spreader on the local machine without hosting dedicated server with FCM.
Yeah, TT is really an execution only platform with crap charts bolted on the side. If you want an execution with charts platform then CGQ (Integrated client (??) is good... and isn't there spreader shit hot quick? it's colocated or sumit??
Hey Mike, you might try T4, white labeled as Dorman Direct. I'm using it,,, the prices come in faster than zen, and unlike X there is not a big cost associated with it. You can get a demo of it as well. I really like it...
Hi Mike - Thanks for such an informative post. I am thinking about making this switch to X-Trader also. I contacted Dale @ Velocity and he says I can use the TT Adaptor with NT7 and use X-Trader for entering my orders. I own a lifetime license of NT but am not against switching to MC. I know you have said Ninja is best suited for Zenfire but any guidance on whether NT7 with TT Adaptor is a viable solution or would I be best to look elsewhere? Also do you know if trailing stops and OCO's are stored on the TT server at the Exchange or on the local PC or at the Brokers TT Server? I have been burned with Ninja on this before.
Many thanks and keep up the good work you do with this forum!
I don't have direct experience with TT-FIX and NinjaTrader. But many here do, I suggest creating a new thread in the Brokers and Data Feeds section and ask those specific questions.
With regards to where the orders are kept (OCO, etc) I don't have the answer on that, but it is certainly something I would aim to know before using the platform in live trades. I am supposed to be in bed, as I have a pneumonia, perhaps you can do the leg work or email Velocity and ask then share the results for all of us.
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
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Thanks Mike. Hope you are on the mend shortly. I got an answer on OCO's. Apparently they are stored on the TT Server. I will double check on Trailing Stops. I posted that question here as I typically rather hear the answer from other traders (many on this forum also IT guys) rather than from brokers as this can be something that is easy to mix up.