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X-trader
- Thread starter Baruch
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X_Trader is from Trading Technologies. Are you asking about X_Trader, or Velocity Futures which offers X_Trader as a platform? I have used X, but not Velocity Futures.
i have an account with velocity, they offer xtrader and xtrader pro which is a product of trading technologies, see
http://www.tradingtechnologies.com/products/index.html
http://www.tradingtechnologies.com/products/index.html
Quote from Speedracer:
Personally, I think Xtrader is highly overrated. I started using it because when in Chicago, that is 90% of the software you see guys using, and I also got a good sales job from the TT salesman. So they hooked me for the 650 a month for one market and the 30 day cancellation period.
I trade remote over cable and dsl backup. Xtrader is very unstable over cable. If your cable drops over 4-5 packets of data in a row, count on Xtrader going down. Most of the time my data would start flowing again after 30 seconds but I would not be able to put orders in. The only way to get it working again was to log off and back on, and sometimes I had to reboot the system all together. This was unacceptable. TT and Xtrader is very unreliable unless you are on a t-1, and they don't tell you this. They tell you they have no problems and you find out for yourself after they have hooked you for the 650 a month and 30 day cancellation. This happened to 4 of us trading on Cox cable in Phoenix and another trading in OK, all with Xtrader.
I changed to Jtrader from pats systems, it is much more stable. It will go down on cable for the same packet loss reasons, but it automatically comes back up, and I would never even notice it go down unless I watch the message window like a hawk. I use it on DSl also and never go down on dsl. It is slower then cable, but fast enough for my style of trading.
TT will also not allow you simultaneous logins unless you pay for second permission. With Jtrader, I can have simultaneous logins, so it is up on 2 computers, one cable, one dsl and if one does go down eventually, I can swing to other computer and trade out of positions. Jtrader is cheaper, 550 for all exchanges compared to about 1250 or so for access to all exchanges on TT, and you can also not pay the 550 monthly, and instead pay 1 buck per roundtrip traded instead of the monthly. So if you trade under 550 contracts a month, there is a cheaper alternative to the monthly plans.
Sorry for rambling, but I am kind of bitter with the crap TT sold me, and the BS they spew about the competition.
You needed to be set up on a VPN, most cable and dsl services only offer dynamic IP's and you would need a static in order to set up a VPN
According to GHCO, one does not need a static IP to use their VPN and X_TRADER. I had a dynamic IP for my DSL connection to X_TRADER which, BTW, was very stable.Quote from compisnada2002:
You needed to be set up on a VPN, most cable and dsl services only offer dynamic IP's and you would need a static in order to set up a VPN
Quote from Mr Subliminal:
According to GHCO, one does not need a static IP to use their VPN and X_TRADER. BTW, my DSL connection to X_TRADER was very stable.
That is great and yes according to GHCO you can be set up w/o a VPN but the troubles listed in the prior e-mail have come up for some of my clients in the past running on a dynamic IP.
I have no doubt that Speedracer and some of your clients experienced problems running on a dynamic IP, and that is a real shame if they were promised otherwise.Quote from compisnada2002:
That is great and yes according to GHCO you can be set up w/o a VPN but the troubles listed in the prior e-mail have come up for some of my clients in the past running on a dynamic IP.
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