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I downloaded their platform last night and wanted to get used to it before I made up my mind to do that Combine (I was leaning towards it).
All I can say "WHAT A HORRIBLE P.O.S." I can see traders not used to it failing due to errors and such. I had listened to one webinar earlier and heard someone say they wont even try it unless they added Ninja Trader to their combine and I was wondering "well, familiarity with a platform shouldnt be a problem-the guys just not comfortable with new platform". But I am all the wiser now. Its like going into battle with a sword when the other side has machineguns.
Anyways, sorry for my rant but I have new found respect for those of you who pass the combine.
Nothing personal, but I always find funny when people are complaining about tools saying they can't do this unless this and that. I took 2 weeks trial to learn the platform, got my questions answered by using the manual and asked Tim Fry a couple of questions. Even despite limitation I love this platform for its effective simplicity. You hardly can trade that fast as on T4, it keeps all logic on server so the speed is unbeatable so as reliability. It never failed for me during my almost 2 months of everyday trading. Can't say as well about Multicharts and Ninja. I feel I would certainly trust T4 trading my own live money than to Ninja for example. I only have a similar level of trust in OEC proprietary trading platform.
I smile when I hear people are saying I will wait when they add Ninja, etc.
Just my IMO.
Don't you think the hour or so you spent with it is not really sufficient time to determine that it's a "Horrible POS"? There are several things about it that I do not like either, and I do not use it regularly. However, with many thousands and millions of dollars running through the floor of the CME, they all use either T4 or XTrader. I'm not saying that means that these programs are necessarily better than what you prefer, but many professional traders use this "Horrible POS," so maybe it has some benefits, enough to justify trusting millions of dollars to its operation?
If T4 is a sword, can you tell me which platform is a machine gun?
Just to add to the T4 vs. Ninja (or whatever) discussion, I have simply used Ninja for my charting and entered the trades in the T4 DOM. No problem. Very simple.
You do give up Chart Trader and ATM, both of which are convenient. But if you can trade effectively with them, you can trade effectively without them.
You also have to get familiar with the settings for T4 and how to do things; not everything will be what you think at first. Just read the extensive help and ask questions if you need to (there's a platform Q&A on their Squawk Radio site most days).
I think it really is just a matter of getting used to it.
Have you tried OEC ? I am not a fan of Ninja Trader since I ve never used it myself -I was just quoting someone and what my thoughts were during the webinar. Trading CL with T4 especially today--goodluck with it. Imagine when its really flying on #'s or some news.
As far as making money and justifying it with Millions of $$ flowing thru it--my simple answer is sometimes you dont know any better. I personally have gone thru with it on many things-such as charts, platforms, instruments etc.
OEC is next best. But I did have few troubles with freezing charts. But it is real good. If you are a swing trader and use different OCO profiles, OEC is as good as Ninja, faster, more stable and it is free too.
T4 is for traders with more simple trade management. There it's crazily fast, reliable and unbeatable. But sure it doesn't have bells and whistles. I had to compromise my trade management a bit too, I would prefer to close a part of my position fast instead of flattening out, by fast I mean real fast within a second, but it's not as easy in T4, hence I flatten.
I believe people who need more than T4 offers use Sierra.
BTW, not sure about your problems trading Crude with T4, I trade gold with it, and can't believe how great it works.