Platforms with ZERO charge (or very low charge) that allow you to trade exchange spreads

Discussion in 'Trading Software' started by propwarrior, Oct 4, 2016.

  1. how does this square with what you were saying in another thread.

    It seems you were also looking at and recommending software that is cheaper. i dont know how you will wriggle and back pedal out of this one, no doubt you will give it a good go. enjoy.

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    #91     Oct 10, 2016
  2. so if free platforms are in your own words 'garbage' why did you speak of them in a favourably here. To me that's double standards. owned.

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    #92     Oct 10, 2016
  3. Maverick74

    Maverick74

    I never see free platforms are garbage. I said "garbage in...garbage out". They are not mutually exclusive. An expensive platform can be garbage...a free platform can be good. But if you choose "only" to make cost your primary concern, then yes, you run the risk of getting the wrong platform.

    For example, I have used Ninja in the past. It's not free, but I think it's a piece of shit. Just because it costs money does not make it good.
     
    #93     Oct 10, 2016
  4. Oh right, for a minute there I thought you were back pedalling faster than a Clinton wikileak drop. It's clear to all what you said now and then.
     
    #94     Oct 10, 2016
  5. Zzzz1

    Zzzz1

    So, do you believe any of the platforms (I literally mean any) that have been mentioned in this thread so far are worth 500 dollars or more per month?

    I still believe that you are confusing the front-end technology piece of the platform with how a broker/fcm at the backend computes margins. I am just curious whether you deem any of the front-ends worth >500 bucks/month?


     
    #95     Oct 10, 2016
  6. Maverick74

    Maverick74

    Look, your question is meaningless. For a new trader starting out, hell no should they fork out 1500 a month for TT or CQG. Just like a bad driver has no use for a high performance sports car. But for a really good trader? Yeah TT and CQG will make a difference and yes, a really high performance sports car beats the shit out of a Toyota Camry. LOL. Come on man. There are a lot of variables here. Good software in the right hand does make a difference or prop firms wouldn't spend millions developing them. How many prop firms use Ninja? ZERO!

    But I do agree with you,if a guy is not profitable he should not be wasting money on any high end software.
     
    #96     Oct 10, 2016
  7. #97     Oct 10, 2016
  8. There is another reason prop firms want people to use expensive software and not swing trade. software kickbacks and commissions.
     
    #98     Oct 10, 2016
    Zzzz1 and lawrence-lugar like this.
  9. Maverick74

    Maverick74

    Then you are at the wrong prop firm.
     
    #99     Oct 10, 2016
    patrickrooney likes this.
  10. quite possibly yes but the churn em and burn em model is very much alive this side of the pond.
     
    #100     Oct 10, 2016