Welcome to NexusFi: the best trading community on the planet, with over 200,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- discounts are available after registering.
-- The NexusFi team
(If you already have an account, login at the top of the page)
I've been watching the markets for about two years now. Dived in this month trading e-mini S&P futures. I'm using thinkorswim because I'm comfortable with the feel of it and the thinkscript language. Starting trading for real has caused me to notice a few things. Thinkorswim doesn't seem to have real depth of market for futures, just a top layer. Also, commissions kind of suck there. I average about ten round trip trades a day, which might be too much not sure yet, but I'm profitable. Other platforms seem to have a better data feed and maybe less commissions but a monthly fee. Overall, does it all even out? Is there a break even point?
Can you help answer these questions from other members on NexusFi?
I was in your shoes. Started with TOS for live paper trading with zero cost. It was great to get my feet wet.
Once I started live trading, I shopped around and went with Ninjatrader. Its lightning fast (at least for what I do) compared to TOS and commissions are way less. Ended up getting a lifetime license. I recovered the license cost in no time given the commission difference between NT and TOS.
Do you subscribe to a data feed with ninjatrader then? I see that if you buy the lifetime license you get a great commission rate. Do you use TOS for orders any longer or solely NT?
Yes, I am subscribed to Continuum. I trade only the ES. So, CME Data is $7/Month (Add another $5/month if you use TICK/TRIN, but you can get that from TOS for free.). I use only NT for orders.
