TT vs. Ninja

Quote from taodr:

Thanks for that. In my opinion Zeroline is much better than Ninja. Zenfire feed is terrific.
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Do you mind to explain why? I have no experience with Zeroline and curious to find out what features it has that ninja does not.

Thanks
 
Quote from RedDuke:

You find paying $50 per month obscene for a great software product?

Are you paper trading? If yes, then all ninja capabilities are free, until you go live.
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With Mirus and AMP, you get a live trading key to use with Ninja trader that allows use of DOM and chart trader only. To do a simple OCO or trailing stop, you have to subscribe.

What's obscene is having to pay for just the OCO and trailing stop capability which most other platforms include as "free". As far as the ATM and API capability, the $50-$60 is fairly priced.

Though a transactional model (pro-rated or not) for Ninja trader would be better in many respects than a subscription based one. A pro-rated model such as .05-.50/RT depending on monthly volume, even with a cut off after a certain volume threshold, would be ideal for all involved. But I suppose a subscription based model is Ninja's way of trying to be broker/clearing agent agnostic.

The platform is certainly worth paying for. It is the best platform I've ever used. Though its DOM is a bit too simplistic, but it gets the job done. What's needed is a quantity keypad, a color bar that extends into the bid/ask to show your entry (not just in price ladder), a default offset from right edge of chart, etc. I digress. But version 7 will probably have all that plus multi-core support.
 
Quote from DmanX:

With Mirus and AMP, you get a live trading key to use with Ninja trader that allows use of DOM and chart trader only. To do a simple OCO or trailing stop, you have to subscribe.

What's obscene is having to pay for just the OCO and trailing stop capability which most other platforms include as "free". As far as the ATM and API capability, the $50-$60 is fairly priced.

Though a transactional model (pro-rated or not) for Ninja trader would be better in many respects than a subscription based one. A pro-rated model such as .05-.50/RT depending on monthly volume, even with a cut off after a certain volume threshold, would be ideal for all involved. But I suppose a subscription based model is Ninja's way of trying to be broker/clearing agent agnostic.

The platform is certainly worth paying for. It is the best platform I've ever used. Though its DOM is a bit too simplistic, but it gets the job done. What's needed is a quantity keypad, a color bar that extends into the bid/ask to show your entry (not just in price ladder), a default offset from right edge of chart, etc. I digress. But version 7 will probably have all that plus multi-core support.
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I agree that to give live license free and then charge for few features is stupid. They should just charge for the platform or make people pay a slightly higher comm per round trip and include the full platform.
 
Quote from DmanX:

But version 7 will probably have all that plus multi-core support.
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Anyone know exactly WHEN this is going to be available ? Next week, next month, next year, in my lifetime, etc ?
 
Quote from taodr:

Can now use Zenfire feed with Ensign. It is still enabled thru Ninja though.
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Where did you hear this? I don't see it on Ensign, Ninja's or ZenFires websites.
 
Quote from syswizard:

Anyone know exactly WHEN this is going to be available ? Next week, next month, next year, in my lifetime, etc ?
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Beta was pushed back from Q1 '09 to Q2 '09. So a stable release probably won't be out until Q3/4.
 
Quote from WyckoffTrader:

The allocation and risk control offered by the Zen Fire crew is top notch and that is why I use that for sub accounts and managing the accounts that I trade for. The $500 to $600 fee for all markets is also better on NT/Zenfire that TT and this TT pro $1500 fee is a joke.
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Could you elaborate please, what risk control? Is there any automated risk management possible for individual traders, ie if max daily loss limit then flatten and cancel orders, etc?

Also, what $500 fee for all markets? Isn't all the zenfire data free for funded accounts?
 
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