Tradestation platform comment...like some of you I was reluctant
to open a new account with Tradestation but decided to to it to
gain access to Matts indicators. Currently with Interactive Brokers
but also a veteran of Fidelity, Schwab, Options House, Ninja, and
Thinkorswim I am not new to learning platforms for charts or
trading.
So far (its been 6 weeks or so) I am finding the functionality
to be excellent. The speed and accuracy of the charts is probably
the first thing that is impressive. There seem to be endless
capabilities for development and back testing (Matts area for sure)
which I will never use. But the opportunities just within the stuff
I do use and the charts is head and shoulders better then IB.
Although I will wait until end of year to see what the tax docs
look like I may end up going all the way with Tradestation but for
now just having the ability to monitor the BPT Deluxe has been
worth it to me. Plus the guy over there that Matt refers us to
(Bruce) is very professional and has given great service.
The only thing that seems to be a major obstacle is that the
charts to do not read drawings such as trendlines in different time
frames. This is a big deal for me because I like to see a half
dozen time frames before entering a trade and having to draw into
each individual chart when I have literally hundreds that I am
watching kind of sucks.
If anyone has any questions go ahead and shoot me a PM.
Doug
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Tradestation platform comment...like some of
Posted by smoothy on 23rd of Jul 2013 at 12:49 pm
Tradestation platform comment...like some of you I was reluctant to open a new account with Tradestation but decided to to it to gain access to Matts indicators. Currently with Interactive Brokers but also a veteran of Fidelity, Schwab, Options House, Ninja, and Thinkorswim I am not new to learning platforms for charts or trading.
So far (its been 6 weeks or so) I am finding the functionality to be excellent. The speed and accuracy of the charts is probably the first thing that is impressive. There seem to be endless capabilities for development and back testing (Matts area for sure) which I will never use. But the opportunities just within the stuff I do use and the charts is head and shoulders better then IB. Although I will wait until end of year to see what the tax docs look like I may end up going all the way with Tradestation but for now just having the ability to monitor the BPT Deluxe has been worth it to me. Plus the guy over there that Matt refers us to (Bruce) is very professional and has given great service.
The only thing that seems to be a major obstacle is that the charts to do not read drawings such as trendlines in different time frames. This is a big deal for me because I like to see a half dozen time frames before entering a trade and having to draw into each individual chart when I have literally hundreds that I am watching kind of sucks.
If anyone has any questions go ahead and shoot me a PM.
Doug