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It is my pleasure to welcome back Brannigan Barrett of Axia Futures for a webinar on Thursday, May 11th @ 4:30PM Eastern US.
The title of this webinar is "Trade Strategy Development and Execution using the Trading Technologies Price Ladder", and bullet points include:
- Why professional traders use a combination of the price ladder and technical strategies to create a real edge
- Steps to developing unique trade strategies with candlestick and volume profile
- Live execution using the Trading Technologies Price Ladder
- Developing strategies for execution on the Price Ladder
- The Power of combining the price ladder for execution with unique trading strategies
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals, U308 and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,241 since Dec 2013
Thanks Given: 4,584
Thanks Received: 10,523
I think it's great seeing first hand how prop traders trade rather than just seeing a presentation/slide. So much easy to understand what they mean.
Very telling that at 43mins in after talking about how great the new TT is that he actually says he still uses XTrader and not the new platform for his actual execution!
Yeah I was surprised about that.However, the new TT Desktop is an improvement in responsiveness compared to TT(browser based).Except there is no ADL included. I'm curious as to why someone would not want to adopt the new versions.The kinks seem to be worked out.
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals, U308 and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,241 since Dec 2013
Thanks Given: 4,584
Thanks Received: 10,523
Well you listed one reason yourself
Also you have to remember that people using XTrader are probably already using co-located infrastructure so the big gain others are experiencing going from local setup to co-located setup doesn't apply.
I know why "I" have not yet been able to move over to TT but for traders that just need your basic order types,charts and trading dom there is a huge cost saving not having to upgrade/maintain software and IT infrastructure.The reported latency differences between ADL in 7x and TT are even more substantial, in the 70% less range. That said it appears to be advantageous for price ladder traders who don't need ADL or AutoSpreader to make the switch.
So I'm curious as to what reasons are behind staying with 7x for those users.
