I'm considering buyng Tradestation software for futures trading with IB. It costs $2,400. Is it worth it?
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Tradestation 2000i
- Thread starter michaelday
- Start date
Do a search on "TradeStation" first. Here is a link to where some of us shared our view on using TradeStation to trade in real-time
http://www.elitetrader.com/vb/showthread.php?s=&threadid=2369
Backtesting and system development is a different issue all together
http://www.elitetrader.com/vb/showthread.php?s=&threadid=2369
Backtesting and system development is a different issue all together
I don't think that it is interfaced with IB. Maybe I'm wrong.
Armaniman mentioned in one of his posts that he is using Tradestation 2000i together with esignal and IB as a broker and he is trading strictly E-minis. He hasn't posted since September 10, does anyone know if he is OK?
Armaniman mentioned in one of his posts that he is using Tradestation 2000i together with esignal and IB as a broker and he is trading strictly E-minis. He hasn't posted since September 10, does anyone know if he is OK?
Rather than buy 2000i why not just subscribe to the TS Pro service. I have been using it since January and it is extremely reliable. You have all of the features of 2000i and it costs only $99/mth (for former TS users), exchange fees included. With 2000i, you will still need to pay for another data feed.
I used tradestation since version 1.0. ver.4.0 with futuresource sat feed was awesome, great trading s/w plus ability to system test on intraday data. very stable. then came 2000. my experience with it and the PC Quote feed was so bad I trashed it and switched to a cheap internet data/chart service.
It was not nearly as stable or reliable as the prior version, and it crashed everytime the internet went down or the PC Quote feed had a glitch(which was very often). Restarting it takes a while, and if you have a trade on you are toast. Also there was no ability to replace the lost data, except through a cumbersome download at night.
I'm not familiar with their current products, so I can't say if they have corrected these issues. I will say that the backtesting ability is invaluable if you are a beginning trader, well worth the cost of the s/w, provided you have the ability to write and test systems. You do have to be able to get historical intraday data from somewhere though, and in my experience it was not that easy to use Omega.
It was not nearly as stable or reliable as the prior version, and it crashed everytime the internet went down or the PC Quote feed had a glitch(which was very often). Restarting it takes a while, and if you have a trade on you are toast. Also there was no ability to replace the lost data, except through a cumbersome download at night.
I'm not familiar with their current products, so I can't say if they have corrected these issues. I will say that the backtesting ability is invaluable if you are a beginning trader, well worth the cost of the s/w, provided you have the ability to write and test systems. You do have to be able to get historical intraday data from somewhere though, and in my experience it was not that easy to use Omega.
Echo,
What happens if you are not formes TS user? Do you also have to have an account with TS?
What happens if you are not formes TS user? Do you also have to have an account with TS?