Deciding whether NinjaTrader or Tradestation is better is similar to deciding which kid is your favorite. These two programs are the only trading platforms that all futures traders use. These two platforms are the only ones I have been using for my roughly 10 year day trading career. I share my day trading tips and more about my strategy on my new Day Trading website at http: If you trade stocks or options then you have different possibilities including the programs that the big brokerages offer. Big brokerages are much too expensive in comparison to the brokers that are tailor made for the futures market. This is the reason why most futures day traders and professional day traders use one of these two platforms. Choosing between the two has gotten more difficult over the years due to the fact that Ninja Trader is new to the charting realm of trading. NinjaTrader use to be known as just an execution platform but recently taken a significant dive into charting. This bodes well for many traders since Tradestation used to be the only platform that was available. Competition is always better! We can look at a few areas of charting to really compare the two platforms:. Tradestation is significantly more expensive since you can use Ninja Trader for free when you are practicing or simulating. Ninja Trader is completely free to use on simulation. In order to trade a live account with Ninja Trader you have to buy a license. Price details are listed below:. Cost of Ninja Trader: Tradestation use to win this battle big time before the recent release versus Ninja Trader 7. With the new release both platforms are on par with each other aside from some small nuances. Most old school day traders like myself use Tradestation. Most new traders use Ninja Trader since it costs nothing to use until you go live. I still prefer to use Tradestation for charting since those small nuances to me make a difference in comparison to Ninja Trader. There are some major differences in execution between Ninja Trader and Tradestation. To put it plainly, Ninja Trader is light years hansetrader of Tradestation. The data feeds that both platforms use are also very different. I have personally noticed that Trade Station is more sensitive to spikes in volume while Ninja Trader is more sensitive to internet shortages. When you travel around the world like I do these small differences can cost thousands of dollars. When spikes in volume occur Tradestation tends to not be able to versus up with the data where Ninja Trader keeps right up. When the internet cuts out even for even a millisecond Tradestation for the most part stays connected while Ninja Trader loses its connection almost immediately. Tradestation still uses a very old data connection that was invented ages ago, updates to the feed may or may not have happened recently. Ninja Trader on the other hand can connect via various data feed providers that are up to date. When we look at the features of both platforms Ninja Trader has a clear edge. What Ninja Trader provides is the ability to download historical data and replay it like its live. You can now metatrader how to day trade any time of the week, day or night. This is an invaluable tool for both new day traders and those that want to practice. Most newbies have other responsibilities and having the freedom of time is priceless. Another cool feature on Ninja Trader is the chart trader option. This is where you can visually see all of your stops and targets on your chart rather than just your order matrix. It brings a whole new visibility to day trading that took charting to a whole new level. Tradestation offers 24 hour customer service except for the metatrader while Ninja Trader only offers email support. While it can be annoying at times Ninja Trader support has a canny way of answering your question right away. I have been very surprised to receive emails at 2am from a question I asked. This does not fix the fact that speaking to someone on the phone is much easier than trying to explain it in words. While both platforms are easy to use they are equal when it comes to setup and installation. They both have their quirks and you will need help setting up both of them. Most times when you buy a strategy or software the company you buy it from will assist with the install. I have found that both technical supports have been helpful. One of the biggest reasons most new traders use Ninja Trader is for the price. If you are already spending thousands of dollars to start day trading the last thing you need are more expenses. The extra chart trader features and especially the ability to simulate in a live market environment is invaluable. If so, please join over 50, people who receive exclusive weekly travel tips. Click the red button below! Chris I think that Ninja Trader is light years ahead of Tradestation for trade execution and they have gotten on the charting bandwagon a few years ago and every new version that comes out they make it better and better. Only have been using it for 12 years Mirk. For new traders NT is the way to go. I need Information on Futures trading. I am using NT simulation for Practice,now thinking to go live. I have no knowledge of cost involved with NT futures. Check out our sister site http: Well, I have just gone through the process of signing up with Tradestation, which includes funding the account before you can try their platform. What I have found is that for order execution, Tradestation is a nightmare. It is even better and easier than Ninja but some of their traders are arrogant bastards. The only advantage with TS is their combined feed and brokerage, but Ninja beats them hands down in every other department. Does anyone have experience with Think-or-Swim at TD Ameritrade? I believe you are able to metatrader in same screen with chart display. Also they offer simulation ability. One of my traders Brenda was using TDAmeritrade and switched to NInjaTrader if that is any indication. Ninja does not even come close when it comes to programmed automated trading. Ninja has conditional order capabilities but metatrader near the capability of Tradestation. User Interface — I have spoken with the developers at Tradestation and their VP of product before and most of them do not trade. Therefore, they are developing a platform that they never personally use. This is why their interface is the most difficult user interface on planet earth. I have coached hundreds of new traders and I never had one trader be able to learn Tradestation in one day! You can learn how to trade on almost every platform on the market in one day except for Tradestation. Ninja is the other way around so they will always have a better user interface. Multiple Asset Classes — You can not trade options on Ninja, only stocks, forex, and futures. However, if you are trading options, you should be using the Think or Swim platform cuz they have the best options chain on the market as of Software Updates — Tradestation is a publicly traded company. They have to deal with a ton of compliance issues, so it takes forever for them to update a glitch in their software. Ninja is a smaller company and more agile and their updates come quicker and do not have to go through a bunch of hurdles. Pending Orders — This is a huge factor that no one ever talks about. If your computer crashes or malfunctions or your internet is cutoff, then your stop losses will not get filled. Otherwise, I would be using Ninja in a heartbeat. Cost — I also want to add that if you are worried about the cost of using either tradestation or ninja you are making a huge mistake. This should NOT be a factor when selecting a platform. The platform should meet your trading criteria, strategy, trading plan etc. The cost of the trading platform is just a business expense. The cost of trading is so little now that if you are complaining about trading software costs, data fees, commissions, etc. This is a very stupid comment. If you are a actively making more than 3 daytrades per day and can sit in front of your computer while trading then use Ninja. If you do not make more than 3 trades per versus or you can not sit in front of your computer while trading then use Tradestation. I have verified the pending orders, your number 6, and they are not placed on the client side. There are is a feature in NinjaTrader called volume trigger and if that is activated its on the client side but if you dont have that feature activated it is not with the client. It may have been that way in the past but I have verified this many times for my traders and it is indeed on their side not on the client side unless you have the volume trigger activated. HiI wanted to know if your advice and comparison betwen Trade Station and Ninja is still valid today march Above you mentioned that you thought TS was better for algo trading. Do you think that is still the case, or has Ninja come up to the level on that? Best to backtest on TS… would not trade with the TS brokerage. Their fills are atrocious. NT is better at that than TS. Once you have backtested your strategies then you can operate on Hansetrader or other broker. I am just getting into NinjaTrader and the Pending Order issue seems to have been addressed. All pending orders are sent instantly to the exchange it does not sit on you computerexcept for OCO orders. Therefore, if your internet connection is dropped, your orders will still get versus. As a backup, you can call the broker and have them execute your order at no charge. That could have been an internet issue on your end also Ron. If your internet is fast enough it should go from pending to active metatrader mili seconds. Does anyone have any experience using Tradestation on two computers? A bit off topic but if there is any advice out there it would be appreciated. I use Tradestation and you cannot log into more than one computer at a time. NinjaTrader is a one time monthly fee and thats it so even if you buy two licenses from Ninjatrader it will be cheaper in the long run than Tradestation. Ninja Trader is completely free to use on simulation AND when you are trading manually. You must lease or buy a licence when you need automated strategies in your LIVE trading. Hugo… you cannot trade live unless you have a live license with NinjaTrader. You absolutely need a license for live trading. Thanks for reply Marcello. Lately, I have felt their customer service has worsened. I try to let it go. It seems to be a pattern for the TSS people now. Unfortunately, I like the platform and it meets my needs. Patrick the only reason why I have kept Tradestation around is because its more stable when it comes to the internet connection, as I travel around the world I have become accustomed to internet problems and Tradestation for the most part stays connected when NT may cut off for a bit. I have found TS to be extremely heavy especially on computer memory, if you look at your processes you will find that there are 8 or 9 different processes for TS. Its tough to switch but I am in the process of doing it as well and I would definitely recommend NInjaTrader based on my experience with both platforms. Mostly it sounds like Ninja Trader is the way to go. I had a question about the monthly streaming feed that Simon mentioned. I am about to open an account with deepdiscounttrading — their feed is from TT, which is free, but is it somehow not on a high enough level for trading futures? I also use Thinkorswim for stocks with TD Ameritrade — the question here is if I am better off using Thinkorswim for chart and Ninja for execution or should I really be signing up with Rithmic or Kinetic and spend the extra money? I think metatrader you should be alright in terms of execution but using TD Ameritrade for futures trading is going to cost you a fortune. Trading eminis with a specified broker is going to be much cheaper in terms of commissions, I had two traders switch from TD Ameritrade to other emini brokers because of how much money it saves. Reason for not using Ninja is that they dont provide server sided OCO. Using Ninja and am very satisfied. I do trading on Stoks, using trading systems in my building. I wanted to start with futures Intraday automatically. Can you recommend a reliable broker. Interactive brokers is the best all aroundas you can trade anything with it, including futures, stocks, options and Forex. Furthermore, NinjaTrder in the free version can use their data feed. All you have to do is execute the orders directly from Interactive brokers which has a very decent DOM. If you want to pay for data feed, go with Kintec. But use IB as a broker. In the long run, you will be happy and SAFE. Do not agree Edward. Their commissions for futures are a bit higher than what you can get. Would recommend NT over IB for emini futures. I would recommend emailing Ninjatrader at support ninjatrader. They would be happy to answer that question for you John. I have recently communicated with a commodities broker. The platform they use is NinjaTrader. A couple of things you do not get with NinjaTrader Lite is the ability to make trailing stop orders. I leave it up to you to get the details. It is always better to get this inforrmation straight from the horse. Good luck to all in your trading. Its a one time payment which is why there is no monthly payment. Matt please see http: So, I would say the forums and the ability to find someone to code your idea were a huge perk with TS. It will solve the internet connection problem, and it will also solve the computer-crash problem that Paz. Brian you still need local internet in order to connect to the AWS server, you cannot connect directly to the server that way without internet. If you trade based on established NT strategies, then nothing is lost. Well there are a slew of others that have cropped up over the years but I would still consider these two to be the best. Tradestation is the oldest of course and NInjaTrader would be the new serious player in the game. I wish to see the hansetrader view back to the beginning. Not the log scale charts on google, but proper software, scrolling charts unpon which i can overlay a study. The ToS simulator seems to have been abandoned by their dev team years ago since the limitations such as no alerts or file IO is still absent. The only positive I have seen is it hansetrader be the best option trading platform out there. Also something that is overlooked and it is prob because of Marcellos trading style is that TradeStation is and has been free for me. The requirement is that you execute 50 per month or you trade a certain of shares. Having said all that I still am in need of a simulator Im not referring to the ability to backtest strategies so I am looking at Ninjatrader. I cannot replay yesterday, the past week, etc. Which honestly seems pretty lame but if it is free maybe I will try it. Marcello since you have used both concurrently do you have 2 broker accounts? Rob I would look into a platform called X trader. I am currently looking at the viability of trading out of simultaneous accounts which should be something that you could look into as well. Hello, I am still learning day trading although I am a pretty old guy with several careers under my belt. I opened an account with TradeStation a couple months ago, and they made me a promotional offer…. I mentioned this to a friend who has been using TS and paying the monthly fee, and she called her rep and they gave her the same deal. I do kind of agree about TS customer service, sometimes I have to wait for humans to get to the phone, and definitely some of the support staff are more knowledgeable and helpful than others. But they have been universally polite. It must be hard times Mike because I was offered the same as well. Tradestation never used to offer free accounts but now they are offering it quite a bit. How much do you guys pay for futures data fees with tradestation now. All other brokers are free, is tradestation giving out live and historical futures data to keep up with time also? This is why I recommended Ninjatrader rather than Tradestation because you can use the actual platform for free. I was thinking of calling them like you and getting the platform cost free unlimited with a balance of in my account and just paying the 25 dollar a month fee. Can you tell me who your sales rep is so I can talk to the same person? If the platform fee for TS can come down to zero then that is an incentive but what about the data feed? If you are trading in the short term then getting the right data feed is make or break. However before I would consider moving I would want to see a thorough comparison in terms of speed of execution and any potential data lag. Focusing on getting the cheapest of anything may often provide you with a false economy. The offer on NinjaTrader website seems to entitle for only two weeks of free data. Word on the street metatrader the guys that invented the easy language found in TS created their own platform and that happens to be Multicharts. I know a few traders that are using it and hear good things about it. Ninja Trader has a lot of nice features, but it crashes a lot. Hansetrader have a special Falcon Trading Computer with a lot of muscle, but Ninja bogs down my computer all the time and I get white outs and have to reboot the program A LOT! I agree with Paul, NinjaTrader is a bit buggy, unstable and shuts down, which in trading is…bad! The Alerts are difficult to use also. Thanks for the note Suleman. Even if you had to pay for both I would still recommend NinjaTrader. The only reason why I still us TS is because its better with unreliable internet connections. I would actually use a platform like Multicharts instead of ThinkorSwim. The commissions with ThinkorSwim are astronomical in comparison to emini brokers. ThinkorSwim was designed as an options broker even though now they offer different features. Thanks for the info. Just browsed the website, still confused about real cost of having an account there. Accounts reside with TS or someone else? They do have something new I believe where if you open an account with them and have the required funds in the account then you will be able to not have the monthly fee. That however is to be confirmed. I would recommend Multicharts instead of TS which is more robust and is only a one time fee. Their clearing firm is RJO Obrien 2. A This is what I mentioned above before it was a requirement to make 10 round trip trades a month. That may have changed. B Same as mentioned above with the 10 round trip trades C Commissions are absolutely atrocious. I would put them at close to double of what you should be paying D No data fees with NT not sure about multicharts. Think I got a bit lucky lol. Well, having used both Ninja and TS I have come out strongly in favor of TS. Some of the comments above re order entry and charting on TS are just plain ignorant. TS charts are far better than Ninja, order entry for Steve above, is nowhere near as complex as he says in TS, in fact I have no idea what you are smoking Steve? Window management in Ninja is just plain painful, in fact it is just an undockable mess. Just to clarify the situation re platform fees. If you do 10 round turn CONTRACTS per month, the TS platform is free. Are you for real? The commissions John I mentioned are not the exchange fee that you pay for its the commissions to enter a trade round trip. I would agree with you that Tradestation has better charts but overall I would say that NT is actually better. Hi Marcello, I am just curious about 1 thing. I have an account with IC Markets, I trade FOREX. Or would there be any benefit in me getting a lifetime license? I used TS, and recently switched to IB. I use Ninja for futures versus Option Vue with the IB data for options. Since IBs data feed is not up to snuff I also have to used a separate data feed provider for futures trading. I honestly, at this point, I think TS is the better answer for me. With IB I have a single account, with portfolio based margin requirements. And I trade everything from one account. In return I pay huge fees for multiple solutions in order to get what I think is a minor improvement over TS. The only reason I still use TS is because I have been using it for over 10 years. Would highly recommend giving a NT a go. TS on the other hand had this feature but as you say, its not very user friendly and being Canadian they will no longer allow us access which rules out going back to TS for me. The E-Signal platform is very user friendly, and through the years has greatly improved, there are less and less failures with price spikes. They have pages so that you can have one different market on each page and you can draw a trend line and not worry about having to manually extend it as is NT, or TS that takes numerous clicks to get a trendline in place. Versus E-Siganl the trend line extends itself until you choose to remove it. This week I will be installing a new trading computer and I am tossing with the idea of returning to E-Siganl although there is a monthly fee for their charts. So, what say you, Marcello, it seems sooo confusing right now and I need to make a decision so I can install whatever on this new computer and get up and running. Thanking you in advance for all your feedback, much appreciated. Would definitely recommend them. Marcello, I am new to trading concept. I have started my studies while ago. Now I would like to practice paper trading, using live feed while I am studying. Could you please explain to me what steps should I take and in which order to set up my account. Hi Kaveh there are really a lot of options that you can use to open up accounts. Just choose an emini broker that provides a free trail and you should be able to get started right away. Hi Marcello, Do you know if you are able to have Canadian hansetrader with the free Kinetick data? I did a quick trial and was not able to get it to work. But contact ninjatrader at support ninjatrader. NT can be FREE with live trading. I am doing it myself NOW. I traded on their NT SIM for 8 months before I went live. Would not recommend AMP futures for anyone. Lots of our traders have had serious problems with AMP. Would recommend Advantage or Mirus Futures instead. Much better customer service and less problems. CQG feed has been quite a problem for many of our traders. BTW, The NT SIM is THE BEST SIMULATOR in existence. If anything, I think I get BETTER fills in REAL TIME. You have to wait behind orders that were already entered before yours. NT SIM does that. IMO TradeStation in much better. I wanted a simple moving average cross indicator that would send me email alerts with the averages crossed. With TS all your charts are neatly organized in Desktops. Each Desktop can have multiple worksapces to neatly organize your charts. With NT, your charts are all part of one workspace so organizing your charts is no easy task. As an options trader NT is basically useless. Tradestation is very strong in the options department. If you are a day trader and only use a DOM that NT is good but TradeStation has a great DOM as well. The price of data is about the same for a full featured platform IMO. And maybe pay each month. Marc could be that versus just started using the platform. For someone that is just getting started I would actually recommend NT over TS. Most of our traders are now trading on the chart rather than on the DOM itself. Never heard of anyone having to pay extra for special indicators. You mentioned you had serious Problems with AMP. I also read some similar commemts in big mikes Forum but also without any details. Before I decided To go with CQG I compared zenfire with cqg and I didnt read too much good from zenfire. I compared CQG AMP datafeed against xtrader TT which ins known to be fast and I hansetrader figure out any difference so i decided To go with cqg. However I might change from AMP To another Broker before I Start live trading in Order To avoid troubles…. We plan on sharing it via The Day Trading Academy blog at http: I am very new to NT, hansetrader I am currently looking into learning the platform since it has a free sim version. I am opening an account with interactive broker and I am pretty sure I can combine NT and IB together, does that mean I will have no problem trading options then? I downloaded the platform and has a few connection options Kinetic EOD, Market Replay Connection and Simulated Data Feed. Can someone tell me what the difference is among these connection options? Would have to double check with NT support to find out if you are able to trade with options. You can use the IB feed with NinjaTrader although I would not recommend using IB to trade anything other than options. Their commissions are very high for things like emini futures. The NT simulator is real time. Kinetic is real time feed and free end of day data, Market Replay is where you can download the data from previous days and replay them as if they were live to be able to practice at night or weekends and watch the market as if it was live. Simulated data feed is just that a feed that simulates the live market. If you are going to trade live you do not need the Kinetic feed as the broker provides the feed or you. One important issue has not been touched in detail. And i am looking for this for quite some time. Comparing TS and NJ or even other platforms like Trade navigator. What is the best platform to program your own strategies, to backtest strategies and to automatic trade the strategies. In other words we are talking here about the functionality of the program languages provided by the different platforms, are there restrictions?. I know that both platforms provide much of this functionality but you would need to check with them directly Yeshe. If the question comes to backtesting, the infos getting very rare. After a couple of months i started with backtesting. Hi, Just wanted to give an update from my post a year ago. I can tell from having read all the comments again, that Marcello is a big NT proponent focusing on cost versus the 1 issue. Which from the start of this thread back in May has changed it seems for TradeStation. TS if you plan to do 10 trades a month is free. Think about that a moment 10 trades 10 roundtrips in a month and if you scale in or out your position it may be basically 1 Facebook FB trade you are in that month. My brokerage fees at TS are. I have no other fees. If you are not making 10 trades a month then you probably do not need either of these products. If you are not the developer type or willing to learn Microsoft C it is hard to imagine you would want to create and write custom indicators in NT. If you are simply going to just use the standard indicators like MACD, RSI, MovingAverages, or BollingerBands then once again you may not need these platforms. Just simply look for the best brokerage fees you can find with a reputable brokerage firm. NT you have to pay a license fee it is not free and you will also need to sign up with a brokerage and pay their fees. At TS they are the brokerage firm so everything is handled by 1 company. We are talking here about live trading not simulation or demo trading. I have automated scans of several thousands of stocks nightly looking for the chart patterns I want to trade. Seriously think about the time and effort it will take to explain a problem in an email that you may not understand the cause of. TS support guys will remote onto my desktop to help me resolve an issue. I am not saying TS doesnt have issues but I feel over the past few years they have tried to become more competitive with their pricing and their products. Does One Click Reverse Order facility exist on T S trading platform. Any views or experience much appreciated. I live in Canada and already have a brokerage account. I am looking to day trade mostly US stocks with occasional Can stock trading. I am looking for a good charting program with data feed combination. Any suggestions would be greatly appreciated. Tradestation is a good option for trading stocks but for emini futures would recommend NInjaTrader. The only fees currently on tradestation are for the data feed, which varies, depending on which feed you want, and for the add-ons, Radarscreen and Portfolio maestro. I am not promoting one platform or the other btw. I am not yet familiar with Ninja Trader, though it sounds interesting. Peter you are incorrect… have spoken to many traders that recently opened accts at Tradestation and they are being charged the fee. That is only for special circumstances and it is only for certain accounts that is not for everyone. Equities and Futures accounts having the following trading activity or more in the preceding month: For clients with a Forex account only, a FREE version of RadarScreen limited to Forex symbols will be available and no account service fee is charged regardless of trading activity. I have using TS for over six months before changing to NT. With the exception of the dome and market replay, TS is better…far better. I made the change due to commissions. I use IB and AMP with NT. I have experienced major stability issues with NT. Getting help is a horrible experience and due to the fact the NT is optimize for future trading, stock trading is a total mess. Many stock symbols and indicies have to be manually mapped in within the NT database. Why this database is not complete is a mystery to me. I am still attempting to get NT to help me get this done. I was told by a support rep at NT that the system does not utilize mult-cores—only one. TS can use as many as you have. There are so many things that TS does that NT does not do. It is simply not a stock trading tool. It is missing a scanning feature. I paid for the mult-broker version. I trade about contracts per month. Amp will save me per month in commissions and another per month in data feeds. In less than 3 months, I would pay for NT. Over the year, I will save thousands. For now I will have suffer with NT. One good thing…I was able to transfer my indicators at no charge and they look better on NT. Another bad thing about TS. I was starting to get significant amount of slipage. Thanks Gregg but I recommend to most of our traders to not open accounts at AMP. Very bad customer service and many of our traders have had issues with them. Ardie you can purchase NinjaTrader as a Canadian citizen. You may have to connect the feed to Interactive Brokers though. You should be able to use Interactive brokers. Could you please add me to your skype listI have good we can do togeather also I want to ask you about Ninja trader. Feel free to contact me through the contact page on my about page. NT is by far the best agree with the above — Also there is. Does anyone know of a bridge to link Tradestation to institutional platform for cash forex. Tradestation platform is for retail trading which has a wider spread. You cannot use tradestation software automated trading for tradestation institutional. NT script programing is a mess, why do I have to learn C? I would like to find a cheapest data feed methods. Can anyone give me subjections? Look for small specialized E-mini brokerage houses and they will provide a free feed. The new NinjaTrader Brokerage which used to be Mirus now gives you the ability to use NT for free and you can also find a free feed through them. I follow your travel log and trading log regularly. For you Columbia and Buenos Aires Station, are you hiring people to trade for you? If so do you hire people to trade for you in US. Right now Abhi we are not opening any trading centers in the United States. I am sticking with emerging economies because people there need this opportunity more than people in the states. I would like to also mention that NinjaTrader has always been a very stable platform that runs fast. It is the only platform that never cause me issues months after installation cause by conflicts between the platform and my other software that I have loaded on my machine. Hi there, would anybody know anything about issues with Ninja charts, in that if you scroll to the left to go back in time, there is a delay? Like a screen refresh problems? Hi Marcello and all — I have traded Equities and Options with RealTick, InstaQuote by Merrill Lynch for many years, I have never traded Futures. All the softwares I mentioned are old and outdated in many respects. Last month I finally decided to move my accounts to MXXXXXX, and their platform is called XXXXXXX; it is versatile and agile, and best of all you can trade all financial instruments under the sun. It is loaded with nice charts and plugins and best of all it enables Ninja Trader as plugin, and I am seriously considering the application as you and others on this site has confirmed my interest. First I am soliciting your opinion on the XXXXXXX. Their Customer service is one of the best or the best in the industry. Hansetrader only con is when openning a new account; it is a lenghty process, and all conversation you have with them is documented every step of the way, and you have a password and pin number to enter the secured site built on the platform…some say it is intrusive, but they said transparency and honesty is part of the way they do business. Do you recommend Ninja Trader as plugin to this platform and how can I learn real profitable tradering techniques from your group especially understanding the charts and what each indicator is telling me and to confrim the multiple indicator signals real time. I want to hear from you and I think your world tour video was very inspiring. Some friends suggested that I move my accounts to TradeStation. I removed the name of the platform because this looks like blatent advertising for them. The comparison is not impartial, TradeStation extends into fragments of the markets that Ninja Trader probably hopes to. Meaning, Tradestations clients are a fruit that Ninja wishes to harvest. What sort of support and help can I get for day trading. Do I need data feeds and how much is this going to cost me? Malcome all good questions… would recommend that you head over to our sister site: Hello, i would like to try the ninja plataform in a demo. Hi, I have just started trading and have taken a look around ur website which looks very interesting. Do you know if any platform displays these order waiting to fill. Andrew you can place the order manually in order to do market. Other than that I would recommend you ask NT support about that. What about free version of NT? Have you tried it, can you recommend it or not? One of the best features that NT has is the ability to use the chart trader and trade directly from the chart. Something that TS stole from NT recently on the upgrade to 9. You can only get the chart trader from the purchased version. Well, for sure NinjaTrader and Trade Station are not the only trading platforms that all futures traders use and they are not the best ones. I rather Sierra Chart and I think Sierra Chart is better than NinjaTrader and Trade Station. Sierra Chart is not only cheaper, but it has many more features. Sierra Chart is actually up and coming much like NInjaTrader was years ago Jorge. Their data feed, CTS, is still unbundled also which makes it very good as well. Tjhanks for the review. Used to trade in the 80s 90s even back to DOS. Thanks again and love the animals!. Hi, Marcello In order operate futures from Colombia with Ninjatrade, do i need a USA bank account for funding and withdrawal? Marcello you sound like you have worked with other traders, helping them to get up and going. If so I am trying to get set up with ninja trader but it is like pulling teeth metatrader get them to help me. Can you help me? You can check out on our sister site at http: Does anyone know of a broker that utilizes Ninja Trader but allows one to trade stocks, ETFs, and options, as well as futures? I have used Tradestation for a few years; while trading, the DOM can freeze up at times with large volume. So I started looking at NinjaTrader; so far I have not found out how to enter trades as easily and quickly as TS. Perhaps I just have not figured it out but on the TS DOM, just clicking on any price will put in an order. But clicking on any price on the Ninja Trader DOM is more complicated as I have to use both hands to maneuver the keyboard and the mouse to enter correctly. That seems not very efficient. This article is out of date. Richard I still use both Tradestation hansetrader Ninjatrader and I can tell you that it is not out of date. Been on TS for metatrader years …How about statergy optimization back testingwalk forwardis coding as easy as easy language in NT …. Back testing is better on TS, TS is actually the best at back testing, but TS is also the most horrible at fills. I had to move all of my accounts from Tradestation because they were giving me too much slippage. Do you have a you tube video showing how to setup the ninja trader and broker? Hi Marcello, I would like to know if you recomend Ninja as plattform for auto trading stategies. Workspaces get corruptedthey break and start working wrong randomly taking trades on managing them different from what is coded. I am evaluating betwen Ninja and Tradestation. Thanks for the advice. Good to hear from you Natlia, First off… I would avoid AMP futures like the plague. Many traders I know have had serious problems with them. I know many traders that have algo trading and have automatic trading strategies on NT. TS is best for backtesting but the worst for order fills. Have not had significant issues that you mentioned. Every platform has its bugs. This article was written almost 5 years ago now. I see there is an ongoing discussion on which system is better. But my question is a bit different — after 5 years, are we still looking at these 2 platforms as being the best in the market for algo trading? I understand after so long those engaged in this discussion may be accustomed to these platforms. Should I NOW be considering still only these two platforms for model based algo trading of currencies? All of these platforms offer algo trading Christopher? NJ is a great one. I used it after MT4 but then dropped both and started using VertexFX versus i found it faster with many features i really loved. NJ is still one of my favorite though. Hi Marcello, i find NinjaTrader very complex to use because i am new to it but i like the platform. Also does it have RADAR SCREEN like Tradestation? Takes a bit of time to get used to it but once you do it is better. NinjaTrader sticks to Forex and Futures for now. Hi, the tick chart you use in TS is available in NT? Because on NT there is the possibility to set it to Ticks mode but the bars are totally different to the ones we see in TS. In NT the closest set up is the OHLO on tick mode as I saw. What set up you use in NT? Let me know if I miss something or what do you guys think. I want to ask you. Hey Marcello- Does NT brokerage store OCOs on their servers or is it on your local PC? Say if you your internet goes down, then will that OCO go down too, potentially leaving you in a position with no stop loss, or is the OCO stored on their server? Originally it was on the local PC however in the update they are planning on putting them on the servers. Will confirm for you. May 20, This is an interesting comparison. I do purely algorithmic trading. For experienced programmers, Easy Language hardly qualifies as a language. It is not a stack machine and hansetrader does not support recursion. C which I have not yet tested in NT is likely to be a lot more powerful and since it is my daily language, it is very attractive. I am planing to start trading FOREX. I have written and tested some powerful algorithms int EL — only to find via a phone call that TS no longer supports FOREX. The best manual for C NinjaScript is our Help Guides. You can find both NinjaTrader 7 and NinjaTrader 8 Help Guides here:. I am a long time TradeStation user but have recently found an interesting trading site which uses NT for their strategy platform. Is it possible to open a NT account and use simulated realtime date for free, taking the signals generated on the NT platform, and trade them in real time on my TS account? In otherwords, is the free simulated account actually using live real time data? And is all this without any data fees? The simulated data feed is something that expires I believe every two weeks now. It would be very complicated for you to trade live on a diff chart through Tradestation. I would recommend you trade with NT instead of TS. NT has much better entries, from my experience much better fills, and better customer service. The thing that frustrates me the most about Ninjatrader is that there must be a fixed perimeter to drag the chart back and forth and then if you want to go up or down you must press control and the y axis in order to do so. I am trying to figure out if there is a way to make it like Tradestation where if you click on background dragging you can move the whole screen up down and all around without stretching any candles and seeing price as it is relative to historical data. I have talked to support about this and it seems there is nothing that they can do; although, I am still trying to figure out if there is a way to make the background metatrader of Ninjatrader into manual mode that allows to drag which ever way I want without having to go up and down from the y axis. Let me know if you know anything about how to do this. Is that normal in TS? Does that happen in NT? Order fills are much better on NinjaTrader than TS. I have had a lot of problems with TS on fills. You have been doing a great work. Great appreciation from you. I am very found of travel as well, and your blog is hansetrader great value and motivation for me to start up. I would like to day trade and i wanted to know how to start? What is the first step? Do you recommend an agency? I have a business degree and have a little bit of the theoretical understanding on how some of those financial instruments operates. Could you kindly guide me through the process. What are the steps to follow to be able to day trade. Thanking you in advance, and keep your great work up. You can find more information out about trading here Avish on our sister site: Please end an email to the DTA academy team and someone will be in touch with more information. Hi Marcello I saw that you made a comment that NT is only good for futures and forex. I am from Canada and trade primarily stocks. Would you say that NT would not be good for me? If not any other suggestions? Yes Rick it would be for you if you contact us we can get you in contact with a broker that can help http: In fact i keep a comparison of how I do in both accounts. All of you are missing the boat. The real issue is order execution. I get angry every time I place an emini order with Tradestation. Your orders are held in TS until metatrader hits your entry price, then it is sent to the exchange for execution where you are placed hansetrader in a que and you may or may not get filled. More importantly, price has to move 1 or 2 tics past your profit target before TS sends it to the exchange. If TS is slow getting your profit target to the exchange, you could miss getting filled and price will have already moved back towards your entry. The used to but they took it away because it was to easy to get a fill. Marcello, I am based in the UK and have been studying and researching ways to trade ES futures from there using NT platform. However, there seem to be major issues with brokers over here, either they do not allow to open an account for UK resident or there seem to be some sort of glitches between brokers and platforms and live feeds. If you know anything in this regard, or if its a common issue. Please could you shed some light on this as I am not sure who to turn to for answers. The question initially is which brokers do Brits use for this kind of trading? I just started using Tradestation to automate strategies and have been having trouble getting orders filled. Have you run into this problem before with TS or could it be something else. Should I try NT? Ninjatrader used to be able to connect to yahoo and correct charts due to dividends and splits. Yahoo quit providing that service. Versus is not going to do anything to correct charts. Doing it manually is time consuming. Can anyone give feed back on using Tradestation for swing trading. Do they provide corrected charts? Any comments on swing trading with tradestion will help. Your email address will not be published. Join over 50, people who receive exclusive weekly travel tips. Are you ready for your trip? Share your name and email with me and I'll send you WT inside secrets-travel, contacts and tips, learn how to day trade and travel the world, and much more. Just enter your email below and we will send it right to your inbox. Home Marcello Arrambide Travel Blog Trading Blog Photos Top 5 Marcello Arrambide Contact. Reviews- Which one is better? By Marcello July 25, Picture of a Tradestation Chart. Chart Trader on NinjaTrader. Like What You've Read? May 15, at 8: May 28, at 9: September 12, at 4: September 17, at November 1, at 9: Hi Marcello I need Metatrader on Futures trading. November 8, at 4: June 18, at 6: June 19, at 2: Ninja by far is the better platform. August 21, at August 24, at 8: August 29, at Here are a few things you also need to consider that Marcello did not cover: August 30, at 4: February 15, at 8: Metatrader 24, at 9: Inside the settings in NinjaTrader Carol. If I remember correctly inside tools. March 14, at March 18, at 9: NT has continued to improve while it seems TS just steals the features from NT. March 28, at 6: April 3, at 9: March 25, at March 27, at 8: September 20, at September 29, at 7: Tradestation has gotten very heavy and outdated. October 2, at October 2, at 5: October 3, at 3: October 3, at 6: October 7, at October 7, at 1: October 7, at 3: October 19, at October 19, at 2: November 7, at 6: November 9, at 9: November 23, at 1: December 31, at 7: August 2, at 2: August 6, at November 24, at 5: December 6, at 7: December 22, at 2: December 27, at 5: December 31, at 6: January 4, at 4: I used to use Tradestation many moons ago but not for execution. January 8, at January 8, at 1: January 8, at 2: January versus, at 8: January 18, at 3: January 20, at 8: February 7, at 8: February 11, at February 15, at February 23, at 2: February 23, at 4: February 23, at 7: Marcello, I was thinking of calling them like you and getting the platform cost free unlimited with a balance of in my account and just paying the 25 dollar a month fee. February 26, at 5: February 27, at 4: Hi, are there any free intra-day data feeds available to be used in simulation? February 27, at 3: March 8, at March 27, at 3: April 25, at 6: Hey Marcello, Great site s! April 25, at 7: At the end of the day I would still recommend NT. June 1, at 9: Hey Marcello and all, Thanks for the info. June 2, at June 10, at 3: June 10, at 7: July 12, at 7: August 16, at 1: August 28, at August 28, at 2: August 31, at October 14, at October 16, at 9: October 22, at 4: Thanks in advance Jim. December 24, at 1: December 18, at 2: Marcello, NT can be FREE with live trading. December 23, at January 20, at 6: February 9, at February 8, at 6: Hi Marcello, You mentioned you had serious Problems with AMP. MayI ask you to explain a bit more detailed the serious Problems you had? February 17, at Thank you very much! March 16, at 8: February 21, at 2: March 19, at 5: March 20, at May 2, at 2: Please versus me know about your experience. February 22, at 1: February 23, at March 16, at 7: I would recommend trading via NinjaTrader Patrick. You will find its much easier to versus. February 26, at Hello, I live in Canada and already have a brokerage account. March 23, at May 1, at Specifically stated on their website: May 28, at 1: April 5, at 4: April 9, at 7: April 7, at 8: June 25, at 8: Hi MarcelloCould you please add me to your skype listI have good we can do togeather also I want to ask you about Ninja trader Skype: June 26, at 6: April 15, at 3: April 26, at June 2, at 4: June 22, at 6: July 13, at 6:
He has made 19 relief appearances with the Yankees with no record and a 4.91 ERA. He has at least six strikeouts in each of his last three outings. 2 runs, 3 hits, 0 errors, 1 left on.
That way God may see them as as deserving of his blessings as we obviously are.
He has made 19 relief appearances with the Yankees with no record and a 4.91 ERA. He has at least six strikeouts in each of his last three outings. 2 runs, 3 hits, 0 errors, 1 left on.