United Kingdom
Experience: Beginner
Platform: Bookmap
Broker: Stage 5, Rithmic
Trading: US Equity Index Futures
Posts: 1,250 since Sep 2013
Thanks Given: 3,500
Thanks Received: 2,527
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Yes. Easiest way and cheapest in the long run is to open another brokerage account with a company that has no inactivity fee and a small minimum balance, say $500 as people now open accounts and start trading low margin micros. Then you just pay a small fee each month for the data fee for the exchange you want.
Another alternative is to sign up to the Kinetick data feed which with the basic fee and an exchange will probably cost about $100/month. The Kinetick feed only works with the Ninjatrader platform. Their DOM didn't used to have a great reputation but could be better now. The platform does allow other indicators to be bought to add to it though, or some platforms like Jigsaw can connect to it so their DOM could be used.
Or sign up to a data feed such as DTN IQFeed which is more expensive, probably closer to $200/month, but that can connect to lots of different platforms and provide data in to them.
Or if wanting to use a heatmap chart rather than a DOM, one could try Bokmap and then you would want Rithmic data as they provide full visible depth for some instruments such as ES and NQ. They have Rithmic data available on their site in the Market Place for $39/month per CME exchange.
Just a couple of ideas.
You do not win as a trader, you just get to play again the next day. If that game doesn’t appeal to you then you should not trade. Gary Norden |
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