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Every input helps, and I respect your view. We service managed, and self-directed customers and they are entirely different customers. They have different expectations, and a CTA has a whole set of fiduciary duties as far as how they use leverage. Some on Sam's program use 1:4 leverage, but...

Thank you for the kind words. I also wanted to add a few more things: There is a lot of software for execution out there, but the data stream and execution may come from one source. Let me give you an example: Let's say you have a number of users who use Multicharts, Sierrachart and Investor...

No offense taken. I hope you find a coach and advice that will meet your expectations.

All the questions you asked are relevant, Just wanted to give you some industry insight. Typically for most retail customers, I do not think it matters whether a firm is clearing or not. However, if you are an algo group, prop, large CTA, then it could make sense to go with a firm that has...

At the moment Sam is Managing above $30M, where 75% is in a day trading program, and the rest is in a swing trading. He is a CTA, licensed and make 2% on management fees and 20% incentive fee on new equity highs. We have been working together for about 7-8 years to the best of my recollection...

If their customers are not US-based, why can't you just trade through a POA over a block account with their choice if clearing? The fact that they force you to open an account is puzzling. No clearing/broker forces a CTA to open an account if you have an established track record documented in a...

Sam has been my customer for a long time and has managed some of our customer's funds as part of the Managed Futures services we offer (outside the self-directed). In lieu of our mutual experience, I thought I would share his insights about trading with the community. If you decide that you...

Yes. 1) Many traders build systems, or may I say, hypothetical systems that have a high frequency of trading. Yet, it assumes zero cost in execution, and when you take it to the market, it's a whole different cost structure. 2) Many of the Algo systems assume that you are always filled. This...

I am being very sincere that if you find this group good, and your execution is good, stay with them. Those amongst our customers who trade high volume use CTS, CQG, and TT direct platforms. Good luck.

He said "Any Market" so I discussed the Futures markets.

Simple: If you take the number of rounds turns you really do X by 2.58 (as you say) and add the $249 you will get the total commissions. Then divide that again by your round turns. If that makes sense to pay for these costs X12 upfront, go for it. There are other considerations such as latency...

Don't you have to pay the $199 upfront for 12 months? 12X$199

There thousands of strategies that could be profitable if there were no expenses. In Futures, the biggest expense is the exchange. Commissions and data feed could be low if you choose the right API.

I feel that today more than ever there are those who want to be full-time market traders, especially when everything is so accessible and priced right(in my opinion). However, having those who have been trading for years bring a sense of practicality as to the hidden challenges that some may not...

Why would they not develop this product for another API? I am sure some of their customers will follow them. Maybe they did consider it, but there was an obstacle(?).

You can hook up CQG to Tradingview to see real-time quotes

Thank you so much for these kind words. We will try our best to bring solid and practical content to the ET community.

This is a recent interview we conducted with our customer who is also a CTA. We hope that these interviews will help you in your own trading as well. Enjoy! https://optimusfutures.com/tradeblog/archives/e-mini-sp-trader-interview-sam-beckers/

Thank you for the kind words Baron! Here is a guide for the OP for Sierra that he can use a reference. SierraChart Guide Specifically, the key to Sierra is hooking it up with a stable data feed for execution. We can connect it to Rithmic, CTS, and CQG data.

R Trader Pro by Rithmic does show you how many lots are getting filled at a specific level and how where you are in the queue. I think this is what you are looking for.