Hey Everyone, I've been using SSE for around 2 years, and has been the only trading platform software I have used since getting involved in trading. I understand that there are disadvantages and limitations with it compared to other softwares, such as Tradestation, IB, etc. but it always was enough for me to do the swing and intraday work that I do. And not go through the hassle of switching brokers. Was thinking recently, though, about making the switch to Tradestation or IB or maybe Lightspeed. Does anyone else use Streetsmart Edge? Does it have a bad rap? I almost never hear of it in podcasts, interviews, books, etc. Always TS or ToS or IB or Ami. Are there some more prominent disadvantages I a missing about SSE? Aside from the commission and lack of programming in-built software, etc. Just curious on other people's opinion on that platform, as it seems decent to me, but never hear of anyone else using it. Thanks
here is a general comment about platforms. if a platform performs well for your style of trading then there is no reason to ask the question.
%% Looks fine; I just checked them out. NO way would I listen to CNBC while trading/investing . I seldom read the WSJ or IBD the same day I get it-i don't want to mess up my mind/plan with all that WSJ nonsense, even though WSJ + IBD have very helpful charts. Like Schwab says ''we don't recommend tech analysis as the only research'',..................................................................................................................
I have been with Schwab for years. Migrated to Street Smart some years ago and to SSE when it came out. Recently tried IB but didn't like the platform (can't teach an old dog new tricks) so never switched. From my limited experience SSE seemed to have more features than IB's Trader Workstation. They provide free historical options data for up to 6 months though the data at times had lots of missing elements but enough for me as I am not a precision trader. Their standard commissions are not the lowest but if you need support, it is always there, 24/7 usually on the first ring. My only complain is they don't have retail API link. When I finally decide to automate my trades, I may have to switch.
Glad to see that at least 1 other person is using SSE, I've felt like I'm losing my mind in a corner or something never hearing about people using it, thinking I was the only one, haha. I do find that their support is very valuable, being a large commercial retail brokerage. I to agree with the lack of retail API link, which is why I am considering moving to Tradestation. Thanks for the feedback.
I started on SSE 10 years ago selling covered calls and writing cash covered puts. It was all I knew at the time and it worked for what I was doing then. Later, I had to move to TOS because Schwab wouldn't let me open a limited partnership account. It took me a year to learn the TOS platform but it has its advantages, On Demand especially. Then I needed to go beyond the ThinkScript environment and moved on to Trade Station and Easy Language. TS has a completely different approach to the environment. TS is all App driven and Easy Language opens up the world of back testing and automation. After its all said and done its has been a blessing in disguise for me to suffer the learning curve of three different platforms. All of them have their strengths and frustrations but between them I have learned what works best for me. I hope that helps.