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The Truth: NinjaTrader


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The Truth: NinjaTrader

  #461 (permalink)
 MetalTrade 
 
Posts: 1,055 since May 2010

I did not well, I blew up another account recently. I'm revising my system completely and putting my psychology in order. I will give it another shot probably in 4 weeks. I'll keep you posted :-)

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  #462 (permalink)
 
ZTR's Avatar
 ZTR 
 
Experience: Advanced
Platform: NinjaTrader7
Broker: Mirus RCG/Zen-Fire
Trading: CL & 6e, looking at ES, ZB and AU again.
Posts: 2,096 since Nov 2009
Thanks Given: 1,099
Thanks Received: 1,393


MetalTrade View Post
I did not well, I blew up another account recently. I'm revising my system completely and putting my psychology in order. I will give it another shot probably in 4 weeks. I'll keep you posted :-)

Should have give me the $$$, you might still have it, if not a lot more.

R.I.P. Andy Zektzer (ZTR), 1960-2010.
Please visit this thread for more information.
Visit my NexusFi Trade Journal Reply With Quote
  #463 (permalink)
 MetalTrade 
 
Posts: 1,055 since May 2010


And what should I have learned from that ?

There is IMHO no trader who hasn't been paying for his tuition. It has to hurt hard before I learn.

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  #464 (permalink)
 
ZTR's Avatar
 ZTR 
 
Experience: Advanced
Platform: NinjaTrader7
Broker: Mirus RCG/Zen-Fire
Trading: CL & 6e, looking at ES, ZB and AU again.
Posts: 2,096 since Nov 2009
Thanks Given: 1,099
Thanks Received: 1,393


MetalTrade View Post
And what should I have learned from that ?

There is IMHO no trader who hasn't been paying for his tuition. It has to hurt hard before I learn.

There is not one great trader who has not blown up an account, myself included. I am sure it is in any number, of the really good trading books, that describe this. Mark Douglas, talked about the fact that almost every great trader has failed. It is the ones that keep trying that make it. Like me.

Finally, I believe the following to be true - Using Sim, the way I was (a ton of contracts) demands higher PC resources. The reason is, in simulation, NT has to simulate each order on every price change to determine if an order is filled. In live, NT just waits for the fill confirmations from the broker server. Way less resources.
Does that make sense? Just watch the Resources Manager in Live vs. SIM. I have. SIM takes more to run.

When I say that for the way I trade - Ninja Trader is the greatest trading platform I have used, it is the Truth! Let me add I have used J-Trader, IQ_Trader that uses PATS,
as well as TradeStation,
Now, I have not used X-Trader nor Multi-Charts. If I ever find a reason to try something else, I will try Multi-Charts next. But don't hold your breath.

R.I.P. Andy Zektzer (ZTR), 1960-2010.
Please visit this thread for more information.
Visit my NexusFi Trade Journal Reply With Quote
  #465 (permalink)
 MetalTrade 
 
Posts: 1,055 since May 2010

The bottleneck is IMHO the API, as stated before.

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  #466 (permalink)
 
ZTR's Avatar
 ZTR 
 
Experience: Advanced
Platform: NinjaTrader7
Broker: Mirus RCG/Zen-Fire
Trading: CL & 6e, looking at ES, ZB and AU again.
Posts: 2,096 since Nov 2009
Thanks Given: 1,099
Thanks Received: 1,393


MetalTrade View Post
The bottleneck is IMHO the API, as stated before.

You do not know what you are talking about. Sorry, that is a fact.

What are your credentials? I have stated mine in the Price, Volume & The DOMThread. Not here in the open. Join Elite, if anyone wants to know more about me.

R.I.P. Andy Zektzer (ZTR), 1960-2010.
Please visit this thread for more information.
Visit my NexusFi Trade Journal Reply With Quote
  #467 (permalink)
 MetalTrade 
 
Posts: 1,055 since May 2010

In my experience as a J2EE programmer stress testing I perform in labs usually brakes on the API level.

Your experience seems to be different. Please explain.

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  #468 (permalink)
 
ZTR's Avatar
 ZTR 
 
Experience: Advanced
Platform: NinjaTrader7
Broker: Mirus RCG/Zen-Fire
Trading: CL & 6e, looking at ES, ZB and AU again.
Posts: 2,096 since Nov 2009
Thanks Given: 1,099
Thanks Received: 1,393


MetalTrade View Post
In my experience as a J2EE programmer stress testing I perform in labs usually brakes on the API level.

Your experience seems to be different. Please explain.

I am a professional beta tester, from Laboratory Robotics to Magnetic Resonance Spectrometers, to any number of other application, hardware and software.. I have signed up where I could. So, I am not the coder or the network engineer or the UNIX/Linux/Win7 guy.

I am their boss: The Ph.D. Level Scientist that supervises them. I have worked with the best and brightest, at Dean Witter (now Morgan Stanley), Abbott Laboratories, and lastly The University of California, San Francisco.

So, I am the not the guy that does it, I am the guy that gets it done.

BTW: I forgot to mention Ninja Trader

R.I.P. Andy Zektzer (ZTR), 1960-2010.
Please visit this thread for more information.
Visit my NexusFi Trade Journal Reply With Quote
  #469 (permalink)
 MetalTrade 
 
Posts: 1,055 since May 2010

Please answer my question ?

I don't really care who's boss you think you are.

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  #470 (permalink)
 
ZTR's Avatar
 ZTR 
 
Experience: Advanced
Platform: NinjaTrader7
Broker: Mirus RCG/Zen-Fire
Trading: CL & 6e, looking at ES, ZB and AU again.
Posts: 2,096 since Nov 2009
Thanks Given: 1,099
Thanks Received: 1,393


Thank goodness for the ignore feature. Metal Trade I have put you on my ignore list.

Until you commit to learning to trade I do not want to hear it. I hope this is not considered too rude, but non-successful traders need to understand the problem lies within themselves, go read @Big Mike 's posts about this.

My Goal is to trade 100 cars live real $$$ (using the API) using Ninja Trader 7. May take a while - could be educational - but it is now a goal that is worthy of accomplishing.

R.I.P. Andy Zektzer (ZTR), 1960-2010.
Please visit this thread for more information.
Visit my NexusFi Trade Journal Reply With Quote




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