Tradestation

[TrueStory]

Tradestation provides forex trading just not automated forex trading...

Also, please do not leave for the day and leave your strategies running unsupervised. I have seen no more rapid way to pain, aggravation, and losses in the world. DO NOT DO THIS.

It's okay as a brokerage, not great, but not the worst either. For me, the charting and testing benefits outway the drawbacks of the average brokerage house...

 

[TraDaToR]

Quote from Polon:

Hi, what do you mean about the "your systems dont make too much trades". some of my programs run on a short timeframe basis, so i would be interested to know what you mean.

High frequency trading, which means 5 + trades a day( to me ).
I run different systems which produce about 100 trades a year each, so I have just a couple of orders sent every day.

As you can read, It's not a good habit to let the platform run, but after several without a single bug, I decided to let it run solely. Problems are more usually related to your connexion than to TS.

Other thing : TS wasn't supposed to provide automated FX this year?

 

[Polon]

you're right, some pikey sod at TS said they did, a bit more checking has proved that they dont, really annoying!

 

[TrueStory]

They're supposed to be adding it soon, but they've been saying that for at least a year now, so who knows when it will be.

 

[jficquette]

Quote from ProfLogic:

Wow, reading this thread is like trying to use Tradestation.

If you are interested in using a charting and trading platform for FOREX take a look at MultiCharts (www.tssupport.com). They offer a free trial so you can beat it up on you own and a forum full of CURRENT conversations with individuals actually trading what you are interested in.

I'm not a big fan of IB but their current integration with MultiCharts seems to be solid on the trading side, talking to a number of people using it.

I'm a strictly a volume bar user and Tradestation REFUSES to fix their bar cap problem which is an easy fix. MultiCharts truly does fix all of the problems Tradestation creates. MultiCharts is a stable product now since their 2.0 release.

Multicharts is ran by Russians. Here today gone tomorrow.

John

 

[ProfLogic]

Quote from jficquette:

Multicharts is ran by Russians. Here today gone tomorrow.

John

And your nationality is? Wanna know where you can find 50 thousand mint condition unused WWII hand guns?

I'd rather deal with efficient dedicated honest Russians than idiot greedy arrogant tradestationettes.
And on top of that I will almost guarantee they have been around longer than you have been trading.

 

[skippy]

Quote from ProfLogic:

And your nationality is? Wanna know where you can find 50 thousand mint condition unused WWII hand guns?

I'd rather deal with efficient dedicated honest Russians than idiot greedy arrogant tradestationettes.
And on top of that I will almost guarantee they have been around longer than you have been trading.

Agree 100%. I'm an enthusiastic convert to MultiCharts, having had a poor first encounter with an earlier iteration. Version 2.0 is a terrific piece of work. I run it off iB data without a hitch.

 

[Tums]

Quote from jficquette:

Multicharts is ran by Russians. Here today gone tomorrow.

John

this is a working program, not a work-in-progress.

The source code itself would worth a couple of million dollars.

As a going concern, probably worth $5mil. and up.

I don't think they are going to throw it away.

 

[Nana Trader]

Quote from jficquette:

Multicharts is ran by Russians. Here today gone tomorrow.

John

I agree with you. Also TS has 100 times more supporter at least

TS need to fix 3 things with Tradestation 9 to become a perfect product, which they promised in 4th QTR 2006 conference call by doing major changes to their plateform engine

- Improve intraday Data feed
- Add integrated portfolio testing (No Rina, grail, and TSsupport ..add-ons)
- speed up optimizations

 

[ProfLogic]

Quote from Nana Trader:

I agree with you. Also TS has 100 times more supporter at least

TS need to fix 3 things with Tradestation 9 to become a perfect product, which they promised in 4th QTR 2006 conference call by doing major changes to their plateform engine

- Improve intraday Data feed
- Add integrated portfolio testing (No Rina, grail, and TSsupport ..add-ons)
- speed up optimizations

How about Tech support that knows what they are doing.
Portfolio Management package.
Integrated Charting increments.
Developer respect.
Just to name a few . . .
Oh, and lying to their customers about improvements due out at a later date that never materialize.

Tradestation is a good product but will never become perfect or even great as long as it refuses to address the needs of it higher end users.