Considering Tradovate. Anyone using them?

[hilmy83]

you can try journalytix

 

[SimpleMeLike]

Hello guys,

I'm a long time user and lifetime license holder of Ninjatrader (sunk cost) and customer of Ninjatrader Brokerage, but I consider taking my business elsewhere. Note: I do know that NT bought Tradovate.

Tradovate seems like a good alternative, but I'm open for other suggestions as well.

Has anyone here used these for a while and have any experiences to share?

In case anyone wonders, the reasons I'm considering changing:

- Ninjatrader does not have a good system for tracking net trading performance. They only offer PDF statements which you need to manually download and if you want to track your performance you need to plot this yourself in Excel. I developed a system for this with macros and what have you, but it's still a manual job at the end of the day I'd like to not have to do.

You can't even log in to their portal and have a basic P&L curve plotted.

In comparison, Tradovate have an extensive electronic portal which tracks your performance in more ways than you can imagine.

- Stability issues with the software. Through hundreds of trading sessions NT have worked just fine, but there's the occasional day where your charts start lagging and/or the software freezes. Lately I've had some issues with having to manuall "kill" NT in Task Manager in order to close it. At the end of the day it just seems a bit unstable.

Note: If I use only a few naked charts there are zero issues, but if that's all I needed there's no reason to stay with Ninja anyway. I need multiple charts/timeframes and some indicators (had to build custom indicators as NT doesn't have anything out of the box that works).

- Ninjatrader doesn't really make an effort to implement user requests. For example, you can't plot a daily, weekly or monthly chart using RTH values on a futures chart in order to mimick the actual index/closing hours. More than 5 years ago this was submitted as a request and nothing happened so far. Multiple other examples as well.

The sum of all this have just made me a bit frustrated to the point where I should at least consider an alternative.

Thank you.

Hello Laissez Faire,

I agree with you, if you can not show your trade performance quickly, waste of time. Tracking in spreadsheet your trades is a waste of time.

Here is the options you want.

1. Broker------->https://kinfo.com/leaderboard/profit then I can show off to the world. I am big fan of showing off my trades performance on ET or just anyone who doubts my performance. I love showing off and bragging my trading performance. I do not like talking too much. Bam, here is my PnL, no talking.

2. Tradeview platform -------> TradeStation--------> https://kinfo.com/leaderboard/profit

3. Tradeview platform -------> TradeStation

4. Tradeview platform -------> Tradovate

5. One of these brokers https://kinfo.com/linking-your-broker/ --------> https://kinfo.com/leaderboard/profit


I will be switching to Tradovate because my current broker is crappy and can not show performance of trades.

I will be using option 4.

 

[nooby_mcnoob]

Hello Laissez Faire,

I agree with you, if you can not show your trade performance quickly, waste of time. Tracking in spreadsheet your trades is a waste of time.

Here is the options you want.

1. Broker------->https://kinfo.com/leaderboard/profit then I can show off to the world. I am big fan of showing off my trades performance on ET or just anyone who doubts my performance. I love showing off and bragging my trading performance. I do not like talking too much. Bam, here is my PnL, no talking.

2. Tradeview platform -------> TradeStation--------> https://kinfo.com/leaderboard/profit

3. Tradeview platform -------> TradeStation

4. Tradeview platform -------> Tradovate

5. One of these brokers https://kinfo.com/linking-your-broker/ --------> https://kinfo.com/leaderboard/profit


I will be switching to Tradovate because my current broker is crappy and can not show performance of trades.

I will be using option 4.

You guys are babies.

WTF is this kinfo thing, how long will it be around?

I used to use tradervue which is _the best_ IMO. But I stopped because it wasn't presenting stuff in the way I wanted to see it. After feeling I reached my limit with Tradervue, I invested a couple of evenings into a spreadsheet, and boom, all my accounts from multiple brokers are automatically synced as soon as a trade is done.

Learn to code, fix the holes yourself.

 

[SimpleMeLike]

You guys are babies.

WTF is this kinfo thing, how long will it be around?

I used to use tradervue which is _the best_ IMO. But I stopped because it wasn't presenting stuff in the way I wanted to see it. After feeling I reached my limit with Tradervue, I invested a couple of evenings into a spreadsheet, and boom, all my accounts from multiple brokers are automatically synced as soon as a trade is done.

Learn to code, fix the holes yourself.

Hello nooby_mcnoob,

sit down.

 

[nooby_mcnoob]

Hello nooby_mcnoob,

sit down.

 

[schizo]

- Ninjatrader does not have a good system for tracking net trading performance. They only offer PDF statements which you need to manually download and if you want to track your performance you need to plot this yourself in Excel. I developed a system for this with macros and what have you, but it's still a manual job at the end of the day I'd like to not have to do.

https://tradersync.com/

The best bang for the buck.

 

[Laissez Faire]

I will be switching to Tradovate because my current broker is crappy and can not show performance of trades.

I will be using option 4.

Who is your current broker may I ask?

you can try journalytix

https://tradersync.com/

The best bang for the buck.

Thanks. Both these could work, although I'm not sure they actually track net performance including all various fees. There's also the added cost of having to pay for this.

Having all this directly from the broker would be preferrable.

 

[Laissez Faire]

I will trial their software next week and probably open an account with them. Haven’t really seen any negative reviews or comments.

Ninjatrader is simply not keeping up and staying competitive, IMO. I may still use their charts, though.

Does anyone know if Tradovate have a good chart trader?

How about adding custom indicators? Is that possible?

I will find out myself eventually, but always nice to hear other comments.

Thanks.

 

[SimpleMeLike]

I will trial their software next week and probably open an account with them. Haven’t really seen any negative reviews or comments.

Ninjatrader is simply not keeping up and staying competitive, IMO. I may still use their charts, though.

Does anyone know if Tradovate have a good chart trader?

How about adding custom indicators? Is that possible?

I will find out myself eventually, but always nice to hear other comments.

Thanks.

Hello Laissez Faire,

I plan to use Tradeview for my charting and placing trades and Tradvote as my broker and Tradvote will allow me to review my performance metrics without me doing in manual trade importing.

Tradvote is your best bet. I've searched and found nothing automated journaling for the manual trader.

 

[Laissez Faire]

Hello Laissez Faire,

I plan to use Tradeview for my charting and placing trades and Tradvote as my broker and Tradvote will allow me to review my performance metrics without me doing in manual trade importing.

Tradvote is your best bet. I've searched and found nothing automated journaling for the manual trader.

Did you open an account yet?

I read some poor reviews as well, so that made me stop in my tracks a bit. I'm after all fairly happy with NT and it might not be better on the other side. I'd really like to be able to check and review my trade performance online, though. It's a big thing for me...