Larry,
I want to clear a few points up concerning my opinion about Bracket trader.
1. I think that it is a great feature and I submitted it for addition to our enhancements.
2. It is behind several very large projects, so the timing is the question.
3. I am a Trader and I still trade most days in addition to my experience trading at a large Institution for over 11 years. Your words were not lost on someone with no experience. The majority of the High Volume Traders that use our system did not have an interest in the Bracket trader. They are more intersted in SPEED.
The major problem with Bracket Trader is that it is INTRUSIVE to the system in a fast moving market. If the front-end is forced to constantly pull and enter new stops it may impede the performance of the FFastFill System. This is something that I was not interested in doing. It may sell more screens, but it will create more problems than benefits.
In spite of this, the FFastFill develoment team is going to eventually produce and test it. If the impact is minor they will release it in the future, but there are definitiely more important and vital improvements in the hopper already.
To be clear, I am no longer running FFastTrade as of May 31st. I have decided to explore building a Proprietary trading and brokerage operation for Options and Futures. However, I remain steadfast that FFastFill is a very good system, so I have agreed to stay on as a consultant for the next year.
Risk Less
Tom
Quote from larrybf:
i talked to riskless about adding bracket trader 3 months ago. unfortuneately "tom" did not think having a trading platform with this feature important. oh well. how can a scalper/trader who trades HIS OWN MONEY explain the importance of this feature to a non trader.