the hammer is from blackwood and before that from block. i believe there's a programmer there that has made the rounds.
Hammer API
- Thread starter rtharp
- Start date
What benefits? Are you saying that the software is that much better than what you had used in the past. How so? Can you be specific?
Not to take this thread too far off topic but I have long ripped most of the prop firms for having substandard software that is behind the more robust platforms that ironically the smaller less sophisticated (in theory) retail trader uses.
Hotkey's do rock, and once you get used to them it's very hard to go back.
:eek:
This can be a two edged sword. I can talk about the benefits and it could even bring a few traders into the firm .....
but at the same time that would allow my competition to add some of the features to their software which could eventually hurt me so I'm going to not say too much.
There are some new styles of trading that have been opened up to me due to the software.
There are easily over 400 hotkey combinations. You name it and it can be done with a hotkey. That's about all I will say.
Everyone of the traders who has come from the last firm I was at says this platform is the best they have used.
Robert
Actually I think the story goes that when Block went bankrupt 3 companies bought the rights to the software. Blackwood, Andover, and I don't remember the name of the third one all got the old Block software they had been developing. From there they all added their own features to the software. So they look the same but they all had different keys and functions developed for them by their own programmers.
If that is correct it would back up the comments in my earlier post because basically this platform was developed on the retail side back in the day for Block.
The retail platforms in the heyday (the cybertrader, gr8trade, realtick, tradecast, etc) all stole each others ideas and tried to out innovate each other for a short period of time because a lot of the people using them were trading from home, so the software was more the selling point and the logical focus for many daytrading firms. Hence you had software designed with more emphais on charts, alerts, risk management and some basic analytics because those traders didn't supplement their platforms with AT Attitude or First Alert or anything.
Today the selling point for most daytraders seems to have moved away from software and is more about commissions, buying power, bullets, etc.
Nice to see some firms stepping up to combine the two: infastructure and the low rates.
Does anyone know if you can purchase bullets directly through Hammer? I know gr8trade is already or about to offer this. Does Hammer?
Originally posted by rtharp
yep
and how about the ability to buy bullets on 300 stocks all at the same time
Next time something major happens guess who is short within milliseconds
That is not fair.
The rest of us manually typing in symbols and number or shares into our bullet software and your already hitting the bid getting trade confirmation.
Jerk.
Originally posted by Avalanche
That is not fair.
The rest of us manually typing in symbols and number or shares into our bullet software and your already hitting the bid getting trade confirmation.
Jerk.
Tell ya what
Next time I get short 300 stocks in a few milliseconds due to some really negative news--I will start to peel out a 100 shares in a few seconds just so that you can have a bid to hit .50 away
