thinkorswim acquired by ameritrade.

Discussion in 'Retail Brokers' started by gaj, Jan 8, 2009.

  1. Not at all.

    I'm just a big believer in Jerry Medved and his Quotetracker trading platform.
    It has a tremendous amount of value. And that's coming from someone that has subscribed to E-Signal, Realtick, Assent's Hammer/Anvil, CQG, etc.

    And as I indicated in a previous post, I was not happy with AMTD's "Streamer" data-feed last year. However, it has now been upgraded and older servers were replaced at the data-feed server farm along with code having been re-written to make the data-feed much more robust.

    I'm sorry that you cannot ACCEPT these facts from someone that actively trades via the Quotetracker platform and who has compared the AMTD data-feed with that of DTN's "IQ-Feed".

    Keep crying like a little baby.
    You look like a FOOL.
    :p
     
    #91     Jan 8, 2009
  2. opt789

    opt789

    You’re right, my 20 years in the business of broker, market maker on two floors, running a professional trading firm and a hedge fund leaves me with no experience compared to someone with almost 5000 posts about how no threads should be in the trading forum. Try comparing a true tick data feed with futures, oh wait you can’t because TD doesn’t have futures. I never said which one taxes the servers the most, I said that you cannot claim that TD has the best quotes available until they add all the futures and futures options quotes. This is one of those times where I ask you to pm me your address so I can beat some sense into you personally.
     
    #92     Jan 8, 2009
  3. nlslax

    nlslax

    Hello OC, I hope you have been well. Over the past few years I believe that you your thread and the TOS platform have helped make me into a better spread trader. Very displeased with this. Thinking too about getting IB demo account. Could also fall back on smaller OX account, but it won't be the same if AT changes the platform.
     
    #93     Jan 8, 2009
  4. OPT789: relax, Landis is just a bullshitting shill, not worth wasting any more time with this little POS.
     
    #94     Jan 8, 2009
  5. Landis 82

    Your were an ex-floor broker and you tade through TD Ameritrade?

    Do you pay their $9.99 equity commissions?

    I'm asking because no serious trader does this its not feasible.

    Not trying to be a jerk and if you don't trade equities or do but don't pay those commissions then please explain what you trade and your commissions. Thx
     
    #95     Jan 8, 2009
  6. Congratulations.
    Your Reading Comprehension is at the level of a 4th grader.
    Either that, or your brain has been fried by drugs and taken on a "twisted" logic that defies description.

    Try doing everyone here a favor and go back to your original point that I addressed as a current user of the Ameritrade/Quotetracker platform, referenced by a data-vender (DTN) that prides itself in their commodity "roots" from decades ago. Maybe even force your brain to take another step and ponder just why it is that Ameritrade chose to recently re-write code and upgrade their server farm at their data-feed site. Hmmmmmm, could it be that they are getting ready to introduce access to other products besides equities?

    Bash the company all you want.

    But I would suggest that you would have a lot more CREDIBILITY than you have shown here if you were actually a current user/customer of their trading platform, instead of posting a bunch of worthless innuendo with posts such as:

    "So let’s summarize the rumors or facts we have so far:

    4) TD is self clearing and not a company currently designed for active traders so speed of quotes and executions may decline."


    Again, I'm an active equity trader.
    The speed and robustness of the Ameritrade data-feed is at the same level as that of DTN; a company that prides itself on its commodity quote background. If you don't feel that that is good enough for you, then feel free to go somewhere else. But bashing a company that you aren't even a current client of ( and have absolutely NO current EXPERIENCE with ) is totally absurd.

    It does a disservice to people in this Forum that are trying to get a handle on the current situation with TOS and AMTD.
     
    #96     Jan 8, 2009
  7. I have a feeling that most of TOS quality products and service will disappear into TD Ameritrade. Well the only good thing, is at least we have a minimum of 6 months to start looking for a better broker.

    On another note, I really don't see to many new brokers that are competitive in costs and quality of product. There is IB, but I find there policy of changing margin requirements at a whim to be annoying.
     
    #97     Jan 8, 2009
  8. when I heard this news this morning, I got that sick feeling in my stomach. I Love TOS, and If AMTD tries any shinanigans with the platform of commissions...Adios m'ofo!!!
     
    #98     Jan 8, 2009
  9. Other than Landis I don't think I read one post from a recent or current TDAmeritrade customer.

    I'm a current client and have been since the Datek days. I daytrade, position trade, and manage a large portfolio (12MM+) using stocks and options. I have no complaints whatsoever. The fills are solid, the speed is excellent, and the customer service is outstanding.

    I can understand the fear of the unknown, but you guys are acting like babies. It's not like they're buying a bunch of hard assets and don't care about the customers. The customers give ToS value. TDA knows the customers will leave if they screw things up.

    I'd think you'd be able to think that through on your own, but apparently not.
     
    #99     Jan 8, 2009
  10. Yes, I am an ex-floor trader/broker.

    I first started out trading stock-index futures for Victor Sperandeo on the NYFE, which later became part of the NYBOT over in #4 World Trade Center. I was also employed by Paul Tudor Jones in 1986 as a COMEX trader just as PTJ was getting off the ground, but went on my own in 1987 as a "local" on the NYBOT.

    In answer to your question . . .

    No, I do not pay their standard $9.99 equity rates.
    You can negotiate lower ( as I have ) based on your volume.
    Moreover, if you trade size it works out even better than a per share shop.
    Just do the math.

    Trust me, I wouldn't waste my time being such a "cheerleader" for the AMTD/Quotetracker platform on Elitetrader ( where hardly anyone seems to trade for a living ) unless it actually provided VALUE and was able to keep up with today's demanding quote thresholds. After last month's server upgrades, I can honestly recommend the data-feed and trading platform for aggressive equity trading.

    Just take a look at some of the reviews of Quotetracker ( and Jerry Medved ) here on ET. It is a total "eye-opener" for sure. I feel sorry for anyone using Realtick and spending >$350 per month on their equity feed/charts.

    http://www.quotetracker.com/

    I would also reiterate the "point" made in the previous post by "Inandlong".

    There is absolutely no economic reason for AMTD to screw things up for ToS customers. It wouldn't make any sense to do so. But leave it to a few "pea-brains" here on ET that are unable to comprehend such a significant point, and would rather speculate with words that implore hypotheticals, rumors, maybe's, etc.

    Good Luck to All.
     
    #100     Jan 8, 2009