Transact is the best feed around... after TT High Volume traders use their platform however....after the Trade Maven disappointment, everyone is a little bit cautious Open e Cry is another great platform
I have heard some pretty bad things about TransAct. a few friends of mine have had bad experiences there. In particular, I've heard the dumb software they have never calculates PnL accurately. Also, Overall there seems to be some pretty bad vibes coming from the brokers there. While I'm not a big fan of superstition, I do believe that if your brokers are constantly sending off bad auras, then this manifests as an obstacle in itself. Of course this is info I got from personal friends of mine who, no matter what, could not make money while trading there. They moved to the more professional software platform, X_TRADER, and now trade with MacFutures; they are much happier where they are right now. Somehow they are finding themselves consistently profitable now trading the same markets they were trading before: YM and ES. They've been there for over three months now too. The only thing they bitch about now is commissions. In fact, my buddy is seriously looking into becoming a member of one of the exchanges and doing business with TT directly rather than going through a broker. Higher commissions suck but I think the consistent profitability makes up for it 100 fold in the end. That said, my friend admits that she isn't sure if it was the broker, TransAct, or if it was her that was responsible for the inability to make money; she just says that she is making money consistently now, consistently building account equity, and that was something she found impossible to do at TransAct. Take that for what it is worth...
some pretty bad vibes ........ While I'm not a big fan of superstition....... sending off bad auras....... :eek: ....Just in case... As you can see I called them for clarification It's OK!..... LOLOL
Think of it like this: bad vibes can turn your vibes bad too. Being around positivity can influence your own attitude in general and can positively influence your performance. Constant negativity from your broker CAN RUIN YOU or, in the least, make your life as a trader even more difficult than it already is. That, I firmly believe. So I was wrong to denounce the concern as superstitious because it really is much more practical than that.
Can you say what p&l problems your friend had? I haven't had any myself, but would like to know if I should be on alert for something.
Just in case: - Check their CFTC Reparations Cases: ....Zero my friend! http://www.nfa.futures.org/basicnet/Details.aspx?entityid=0309379&rn=N
I don't like the fact they don't support Stop limit orders without typing the entire damn thing in. That's ridiculous, both X Trader and Ninja do. I may use TransAct as a back up, but that' it.