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$2.4 per side for All in cost (exchange fee + order routing + broker commission) is not bad. The largest portion of this cost is from the exchange fee. The exchange fee is $1.97, so you are paying $0.43 for order routing + IB commission. Only way to pay less would be to buy exchange...

If you already have a lifetime NinjaTrader license, there's little reason to change trading software unless there is something specific that NinjaTrader can't do. For example, NinjaTrader broker doesn't support Hang Seng Index Futures so many traders will open an AMP Futures account...

Have you tried the NinjaScript Utilization Monitor? Run it for a few minutes while your system is running quickly to get baseline results. Then run it again for the same amount of time when your system lags. Compare the results for an idea of what is likely causing the lag. Here's...

If there is excess CPU & RAM capacity on your machine, then it likely being caused by something specific in NinjaTrader 8. Could possibly be a custom indicator requesting historical data as that is a common cause of freezing up. Only thing I can suggest is to email...

Most futures brokers have their order servers in Chicago as well, often colocated with exchange matching engine. Like you said, hedge funds pay millions for their server infrastructure, and are colocated in Aurora datacenter. For retail traders, that is too expensive. The next best thing is...

For building a computer, a good place to start is by running your entire trading setup on your current computer and looking at resource usage in Task Manager. It's time to upgrade when the CPU or RAM nears 100%. For example, here is the typical CPU and RAM usage while day trading ES using...

For higher rewards, you may need to increase the time frequency of your chart.

A lot of good comments here in this thread. I'd like to add that having enough capital and trading small size relative to that bank roll is also very important. @TripleJs in your original example, you should never have the possibility of blowing up an account from an intraday trade. If you...

Take a look at this graph of Chia Coin hard drive usage: https://www.chiaexplorer.com/charts/netspace I posted about it on May 2nd, when Chia was using 1.5 Exabytes. In less than 1 month, that usage has almost 10x. The chart doesn't tell the full story either because there is several weeks...

First thing you need to do is stop the losses. You do this by first reducing your trading size, taking smaller positions. In this way, you’ll be trading your smallest position size when the trading is worst. Secondly, stop trading altogether when you reach a certain predetermined loss limit in...

Agreed, and for drawing parallels to the previous housing crash, the conclusion says "Most importantly, homeowners today have greater home equity and less mortgage debt, on average, than they did then. But the elevated level of the house price-to-rent ratio surely merits caution and further study."

As someone who codes in NinjaTrader, their NinjaScript is just c#. It may seem intimidating for nonprogrammers, but it is actually quite easy once you take a little time to familiarize yourself with templates. It also helps that NinjaTrader has a very active support forum, that can actually...

Buy the f*cking dip indicator says buy buy buy! Granted it is not too sophisticated, but it does help with pulling the trigger when it feels like the world is ending... also helps to be in a roaring bull market! Looking at the chart, it's probably not all too different from simply monthly...

There's no commission free futures trading. Sometimes there are offers from brokers to give you some free trades in the beginning when opening a new account... but that's about it. Even commission free equity brokers like TD Ameritrade, Fidelity, etc. still charge commission on futures trades...

We maintain high performance reliable servers in Chicago for running critical application 24/7. If you get to the point in your progress where you need a VPS, let me know and I can help you out with a test server.

Hard not to buy the dip when Americans have an unprecedented amount of excess savings. Where else to invest it in? Real Estate? Equities also go up with inflation...

Interesting read about the House Price-to-Rent Ratio https://www.stlouisfed.org/on-the-economy/2021/may/housing-prices-surpass-bubble-peak-measure-value "The nationwide house price-to-rent ratio, a widely used measure of housing valuation that is analogous to the price-to-dividend ratio for the...

There's basically 2 costs when it comes to commission. Cost passed down from Exchange Order routing fee Commission from the broker Your total commission per trade is the sum of these 3, multiplied by 2 for entry and exit. For example with NinjaTrader, see this pdf where the 3 costs are...

Years ago I would trade all day but after many years I accepted that it was a strong contributing factor in over trading. Nowadays, to prevent over trading I only trade the first hour or two max after open. It has also helped from giving gains back later in the day. There's plenty of days...

5/19/21 -$157.96 after commission (-6 ticks, 2 contracts) First losing day in May High volatile days like today a single 5 minute bar can range 10-20 points, making entries harder. It also means the initial stop loss is larger and the risk per trade is higher. ATR with a short lookback period...