Whats the best platform for ES trading?

w99 · Jun 5, 2006

scalper21

Quote from scalper21:

If you are going to lease or buy a seat at the exchange and trade large volume your best option would be opening an account at a clearing firm and using TT(Trading Technologies). This front end is the best for the active low commission trader.

For an independent trader doing around 2500 RTs monthly, which clearing firms would you recommend? Presumably, financial strength would be one of your main selection criteria.

Thx.

5Pillars · Jun 5, 2006

Velocity is great for Xtrader and they are an fcm.

Lorenzo · Jun 5, 2006

Quote from 5Pillars:

.....and they are an FCM.

Not sure it's a good news...

The best is NINJA with TT or Zen Fire (high speed) data feed and static dome

....and great charts!.. for 50$ per month

Lorenzo

wastrading · Jun 5, 2006

The Cme's data subscription is not bad. News and charting for about 65. I used it for about three months. Now I'm just using IB and 5 minute charts. But if you want tick data its by far the cheapest.

jztrading · Jun 5, 2006

I'm still waiting for a response to trader's question. I think what the author of this post as well as many other traders want to know is are there any Prop like futures trading firms/platforms.

5Pillars · Jun 5, 2006

Quote from Lorenzo:

Not sure it's a good news...

The best is NINJA with TT or Zen Fire (high speed) data feed and static dome

....and great charts!.. for 50$ per month

Lorenzo

I have used Velocity/Xtrader in the past and I had exceptional order/fills speed and I never had any technical problems - their rates were good too. I used Trademaven for the backtesting of ideas with Transact feed. Well, like a dummy I had moved everything over to TM/Transact as they were working great for everything I was doing at the time - then TM and the various datafeeds they used all started having lots of technical problems, so I am looking to move on with only using TM for my new concepts backtesting.

So how does Ninja work with TT or Zen Fire - who would the broker be?

Thanks

5Pillars · Jun 6, 2006

I will talk to vCap today to check out their NinjaTrader set up with Zen-fire.

murray t turtle · Jun 6, 2006

Quote from Dominic:

"If you will not be that active I think most people would recommend IB(Interactive Brokers). They have low commissions for retail traders and you can trade every futures contract, stock, or currency pair in the world."

I'm just starting off with the futures so the above will probably be my first step; I dont think that IB suppplies charts for its traders? Would I need to get something like E Signal if I wanted charts and TA indicators if I use IB?

================

Yes IB has charts, Tek analysis tools like moving averages , envelope, LarryWilliams % if you like that,psar.....;
as always have back up charts

Lorenzo · Jun 6, 2006

Quote from 5Pillars:

I will talk to vCap today to check out their NinjaTrader set up with Zen-fire.

Proactive futures has the lowest commissions for low volume traders

They clear thru FC stone and Dorman

Let me know what they (vCap) charge per R/T

Lorenzo

5Pillars · Jun 7, 2006

I had a great discussion with Paul at vCap yesterday and he showed me a demonstration of the NinjaTrader platform with TT and Zen-fire feed - everything looked really good for what I am doing.

If anyone wants to talk to Paul just send me a pm and I will give you his cell# plus some other information he passed on to me - looks like a good platform and set-up.