New Emini trader; what best platform for newbie?

Quote from Surdo:


... $500 intraday margins will bite you in the ass, BE CAREFULL and use stops at all times!

surdo
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Really? How so? Because the dollar amount of a loss is the same whether you are using $500 margins or $3,000 margins.
 
I was referring to a cowboy newbie that might trade a 5 or 10 lot with $500 margin, in a $5,000 account.

Yes you make/lose dough at the same rate regardless of the performance bond.

Zzzzzzzzzzzz!

I need to be drunk to read this board.
 
Quote from Get In Get Out:

New to trading the mini sps and still trying to understand trading terminology. I now understand dom..... I guess not all trading platforms provide dom just basic dom of bid/ask and amount of lots (not prices above or below bid/ask) SO basically the best platform would be tt trader at $650/month since that platform is a direct DOM? Does this make sense? still in the infant stages of learning..... Also, I see many trading set-ups with data feeds? What exactly is a data feed? is it the small boxes of bid/ask prices/order sizes of a particular market. What is the benefit of using a data feed instead of a streaming graph, if I am explaining this right? very confused as a newbie
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Best thing would for you to just try out a bunch of free demo's of different trading platforms to see what you like or don't like. You'll learn a lot about what you need / really don't need in a trading platform by just testing your trading on free trial demo accounts:
http://www.codexcommodities.com/2_Top_Online_Trading_Platforms_Futures_Commodity.html
 
i agree, i use global futures. been with alot of other ib's, found them to be the best and cheapest. i use the onyx or turbotrader, dont like the 2nd addition. have interactive brokers for equities but dont like futures with them
 
Quote from Kovacs:

Ninja Trader + Zenfire through Mirus Futures.

The main drawback with NT is that it doesn't support hotkeys. The company said it's on the development list. Either way, you get used to mouse trading.

I find the trade statistics on NT to be invaluable.
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How much does mirus charge roundturn for es s&p mini futures. How has your experiences been with Mirus as a broker? Anything negative? Thank you. Have you ever experienced any problems with ninja trader?
 
I was having problems at first with NinjaTrader, but it was because of one or more of the following:

1. My virus scanner and firewall were on, which will slow down NinjaTrader. Temporarily switch these off while trading.
2. Computer cpu was too slow
3. Possibly slow router, replaced my old wireless-g one with a wireless-n

The Mirus trading desk and support are very fast/responsive with good advice. I resolved the above issues per their suggestions and now am very pleased with the Ninja and Zenfire combo.

NinjaTrader is very cpu intensive, that is the main thing. With a heavy quote load as with the recent market your quotes can be delayed because the cpu can not keep up with processing the heavy volume of quotes and updating your charts/indicators. I upgraded to a quad core machine and with even a very heavy quote load I have not seen my cpu utilization exceed 40 percent.

Hope that helps.

Quote from Get In Get Out:

How much does mirus charge roundturn for es s&p mini futures. How has your experiences been with Mirus as a broker? Anything negative? Thank you. Have you ever experienced any problems with ninja trader?
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