E-Mini S&P Futures Strategies, Mini Dow, Mini Russell and Mini NASDAQ Trading » Posts in 'Rithmic' category

Customize the Sim101 Account in NinjaTrader to Mirror Your Live Account No comments yet

NinjaTrader allows complete flexibility when using their on-board simulation account, or Sim101 account. This means it is possible to adjust the capital, margin, commission settings and more to replicate your live environment. It is also possible to create additional simulation accounts to track different strategies.

To access a free trial of NinjaTrader & the Rithmic data feed, please visit the following web page: Click Here

TRADING FUTURES AND OPTIONS INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS. THE USE OF STOP LOSS OR
CONTINGENT ORDERS MAY NOT PROTECT PROFITS OR LIMIT LOSSES TO THE AMOUNT INTENTED. CERTAIN MARKET CONDITIONS MAY MAKE IT DIFFICULT OR IMPOSSIBLE TO EXECUTE SUCH ORDERS. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.THERE ARE RISKS ASSOCIATED WITH UTILIZING AN INTERNET-BASED EXECUTION, BUT NOT LIMITED TO, THE FAILURE OF HARDWARE, SOFTWARE AND INTERNET CONNECTION. SINCE TRADERS PLATFORM DOES NOT CONTROL SIGNAL POWER, ITS RECEPTION OR ROUTING VIA INTERNET, CONFIGURATION OF YOUR EQUITPMENT OR RELIABILITY OF ITS CONNECTION, WE CANNOT BE RESPONSIBLE FOR COMMUNICATION FAILURES, DISTORTIONS OR DELAYS WHEN TRADING VIA THE INTERNET. TRADERS PLATFORM EMPLOYS PHONE SUPPORT IN THE EVENT OF PLATFORM FAILURE.

Place, Modify, and Monitor Traders Directly From a Chart in NinjaTrader 7 No comments yet

Chart Trader is feature that allows traders to submit various order types directly on a chart. This allows for users to visualize where their orders are in conjunction with current and past market prices. This makes placing orders around areas of support and resistance a cinch, and gives traders the option to modify their trades with just two mouse clicks when needed. Please see the video below on how to take advantage of Chart Trader in NinjaTrader 7.

To access a free trial of NinjaTrader & the Rithmic data feed, please visit the following web page: Click Here

TRADING FUTURES AND OPTIONS INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS. THE USE OF STOP LOSS OR
CONTINGENT ORDERS MAY NOT PROTECT PROFITS OR LIMIT LOSSES TO THE AMOUNT INTENTED. CERTAIN MARKET CONDITIONS MAY MAKE IT DIFFICULT OR IMPOSSIBLE TO EXECUTE SUCH ORDERS. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.THERE ARE RISKS ASSOCIATED WITH UTILIZING AN INTERNET-BASED EXECUTION, BUT NOT LIMITED TO, THE FAILURE OF HARDWARE, SOFTWARE AND INTERNET CONNECTION. SINCE TRADERS PLATFORM DOES NOT CONTROL SIGNAL POWER, ITS RECEPTION OR ROUTING VIA INTERNET, CONFIGURATION OF YOUR EQUITPMENT OR RELIABILITY OF ITS CONNECTION, WE CANNOT BE RESPONSIBLE FOR COMMUNICATION FAILURES, DISTORTIONS OR DELAYS WHEN TRADING VIA THE INTERNET. TRADERS PLATFORM EMPLOYS PHONE SUPPORT IN THE EVENT OF PLATFORM FAILURE.

Importing, Exporting, Downloading & Editing Historical Data in NinjaTrader 7 No comments yet

NinjaTrader 7 offers the ability to manage all your historical in one place – the Historical Data Manager. Within the Historical Data Manager, it is possible to download specific dates, instruments, and even types of data for storage, backtesting, and other uses. Learn how to use the Historical Data Manager in the video below.

To access a free trial of NinjaTrader & the Rithmic data feed, please visit the following web page: Click Here

TRADING FUTURES AND OPTIONS INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS. THE USE OF STOP LOSS OR
CONTINGENT ORDERS MAY NOT PROTECT PROFITS OR LIMIT LOSSES TO THE AMOUNT INTENTED. CERTAIN MARKET CONDITIONS MAY MAKE IT DIFFICULT OR IMPOSSIBLE TO EXECUTE SUCH ORDERS. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.THERE ARE RISKS ASSOCIATED WITH UTILIZING AN INTERNET-BASED EXECUTION, BUT NOT LIMITED TO, THE FAILURE OF HARDWARE, SOFTWARE AND INTERNET CONNECTION. SINCE TRADERS PLATFORM DOES NOT CONTROL SIGNAL POWER, ITS RECEPTION OR ROUTING VIA INTERNET, CONFIGURATION OF YOUR EQUITPMENT OR RELIABILITY OF ITS CONNECTION, WE CANNOT BE RESPONSIBLE FOR COMMUNICATION FAILURES, DISTORTIONS OR DELAYS WHEN TRADING VIA THE INTERNET. TRADERS PLATFORM EMPLOYS PHONE SUPPORT IN THE EVENT OF PLATFORM FAILURE.

Market Replay Tutorial in NinjaTrader 7 No comments yet

Practice trading yesterday’s market data with NinjaTrader’s Market Replay option. Trades, charts, and quotes will all behave as if you were there live. It is also possible to download Level 2 data for popular futures and forex instruments to replay Trading DOM activity.

To access a free trial of NinjaTrader & the Rithmic data feed, please visit the following web page: Click Here

TRADING FUTURES AND OPTIONS INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS. THE USE OF STOP LOSS OR
CONTINGENT ORDERS MAY NOT PROTECT PROFITS OR LIMIT LOSSES TO THE AMOUNT INTENTED. CERTAIN MARKET CONDITIONS MAY MAKE IT DIFFICULT OR IMPOSSIBLE TO EXECUTE SUCH ORDERS. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.THERE ARE RISKS ASSOCIATED WITH UTILIZING AN INTERNET-BASED EXECUTION, BUT NOT LIMITED TO, THE FAILURE OF HARDWARE, SOFTWARE AND INTERNET CONNECTION. SINCE TRADERS PLATFORM DOES NOT CONTROL SIGNAL POWER, ITS RECEPTION OR ROUTING VIA INTERNET, CONFIGURATION OF YOUR EQUITPMENT OR RELIABILITY OF ITS CONNECTION, WE CANNOT BE RESPONSIBLE FOR COMMUNICATION FAILURES, DISTORTIONS OR DELAYS WHEN TRADING VIA THE INTERNET. TRADERS PLATFORM EMPLOYS PHONE SUPPORT IN THE EVENT OF PLATFORM FAILURE.

Creating Custom Session Templates in NinjaTrader 7 No comments yet

Getting to know the Session Manager in NinjaTrader 7 can be another way to look for new trade opportunities. With the Session Manager, you have the ability to modify, delete, or even create completely custom Session Templates. This offers the ability to configure strategies to trade during only specific times in the market, or even to only display chart data for your specified time period. Start optimizing your strategy today, and take a look at the following video to learn more about Session Templates, and how to configure them.

To access a free trial of NinjaTrader & the Rithmic data feed, please visit the following web page: Click Here

 

 

 

TRADING FUTURES AND OPTIONS INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS. THE USE OF STOP LOSS OR
CONTINGENT ORDERS MAY NOT PROTECT PROFITS OR LIMIT LOSSES TO THE AMOUNT INTENTED. CERTAIN MARKET CONDITIONS MAY MAKE IT DIFFICULT OR IMPOSSIBLE TO EXECUTE SUCH ORDERS. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.THERE ARE RISKS ASSOCIATED WITH UTILIZING AN INTERNET-BASED EXECUTION, BUT NOT LIMITED TO, THE FAILURE OF HARDWARE, SOFTWARE AND INTERNET CONNECTION. SINCE TRADERS PLATFORM DOES NOT CONTROL SIGNAL POWER, ITS RECEPTION OR ROUTING VIA INTERNET, CONFIGURATION OF YOUR EQUITPMENT OR RELIABILITY OF ITS CONNECTION, WE CANNOT BE RESPONSIBLE FOR COMMUNICATION FAILURES, DISTORTIONS OR DELAYS WHEN TRADING VIA THE INTERNET. TRADERS PLATFORM EMPLOYS PHONE SUPPORT IN THE EVENT OF PLATFORM FAILURE.

NinjaTrader 7′s Hot Key Manager, and How to Enable Quick Keyboard Commands No comments yet

Don’t get bogged down with the mechanics of trading, try using NinjaTrader 7′s Hot Key functionality. With the Hot Key Manager, you can assign, modify, or enable Hot Keys to quicker access a variety of functions within NinjaTrader. Tasks such as switching workspaces, closing workspaces, submitting orders, and so on can be done with just a few keyboard clicks. View the video below to see how to access these keyboard commands to streamline your trading.

 

To access a free trial of NinjaTrader & the Rithmic data feed, please visit the following web page: Click Here

 

 

 

 

TRADING FUTURES AND OPTIONS INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS. THE USE OF STOP LOSS OR
CONTINGENT ORDERS MAY NOT PROTECT PROFITS OR LIMIT LOSSES TO THE AMOUNT INTENTED. CERTAIN MARKET CONDITIONS MAY MAKE IT DIFFICULT OR IMPOSSIBLE TO EXECUTE SUCH ORDERS. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.THERE ARE RISKS ASSOCIATED WITH UTILIZING AN INTERNET-BASED EXECUTION, BUT NOT LIMITED TO, THE FAILURE OF HARDWARE, SOFTWARE AND INTERNET CONNECTION. SINCE TRADERS PLATFORM DOES NOT CONTROL SIGNAL POWER, ITS RECEPTION OR ROUTING VIA INTERNET, CONFIGURATION OF YOUR EQUITPMENT OR RELIABILITY OF ITS CONNECTION, WE CANNOT BE RESPONSIBLE FOR COMMUNICATION FAILURES, DISTORTIONS OR DELAYS WHEN TRADING VIA THE INTERNET. TRADERS PLATFORM EMPLOYS PHONE SUPPORT IN THE EVENT OF PLATFORM FAILURE.

NinjaTrader Hosted Solution VPS No comments yet

Don’t be scared to lose your Internet connection while in position!

We are happy to announce hosting solutions for traders who require closer proximity to the Chicago based exchanges.

Unlike most VPS providers, the resources are not oversold: memory, disk size and bandwidth are guaranteed. The server disks are in Raid mode, and the physical servers are hosted in one of the best Chicago’s data center.

The servers are in downtown Chicago, two blocks and few routers from most data feed gateways, usually 1ms ping to Rithmic servers.

Windows Server 2008 R2 64 bits already installed (the professional version of Windows 7)
NinjaTrader 7, MultiCharts 7 and SierraChart are installed
You can be connected to your VPS using your Windows based workstation, or an Mac, your Android tablet/smartphone, your iPad/iPhone, …
Fixed IP address and host name

You are Administrator of your VPS, the Firewall is activated, with the latest security patch
Other configuration can be done if needed, 3 GB/50 GB/2 cores for example
The servers are Nehalem based Xeons or higher, 2.67 Ghz or higher
These VPS are dedicated to trading: no pirated software, spam servers, and any prohibited activities are allowed
We offer one week free trial for funded account. We offer one Month Free afterwords for funded accounts (credit of $60 for accounts over $10,000).

You can host your NinjaTrader which is a Forex and Futures trading platform along with Rithmic to possibly get better execution.

If you are interested please drop an email to support@optimusfutures.com or call 800 771 6748 local 561 367 8686 Ask for Matt

Latency cost for Futures Traders Part 2 No comments yet

Latency cost will occur between the order submission and the actual price execution. The most substantial cost occurs on order that are “Market” order where a trader would seek an immediate execution. This is what traders call “slippage”, however latency also has costs associated with Limit Order.

Limit orders get executed on a price-time queue. Those traders who use Limit as entry or exit and do not have a low latency solution, will experience a further delay at different price levels and miss the order all together. Consider that if prices move quickly, traders that have delays will be less likely to fill their new limit orders as the cancel/replace orders get queued again further behind the traders who had low latency solutions. Traders might not get filled at all or just get partial execution.

The cost of latency for futures traders who use liquid markets as the eMini S&P,Bond futures, currency futures,etc explains why a demand for low latency technology could be increasing.
Using low latency solutions is an advantage even for those who have might have less latency cost as used in swing trading and long term methodologies.

There is no total elimination of latency as market conditions also play a big role, along with external factor, however here are some method that you could POTENTIALLY decrease latency:

1) Use method that require less transactions and higher time frames where cost of latency might affect a trader less.
2) Plug a data feed such as Rithmic to your trading platforms. Please read here about the fast capability of order dissemination: Low Latency Futures Trading
3) Use a platform such as NinjaTrader because it can facilitate Rithmic. In addition, Rithmic provides unfiltered data which is important for those who will trade on a tick by tick data.
4) If you live in far location, also consider a NinjaTrader hosting solution

Prior to deciding whether you use one solution over another, you could use a demo and decide if the use of one technology over another would be advantageous to you.

Trading in futures and options on futures involves substantial risk and is not suitable for all investors. Past performance is not necessarily indicative of future results.

Latency cost for Futures Traders Part 1 No comments yet

Futures traders might not be informed about the cost that arises from the latency (speed) of their execution. However, they pay a very significant cost even if they don’t utilize day trading, frequent buy and sells, or strategies that one might perceive to have on his/her strategies. The systematic cost associated with the latency cost could be significant and could turn a theoretical strategy, which is profitable to unprofitable in real life.
When you place a “Market Order” in the futures market, the price of execution (fill) could be very different from where you have observed the best bid/offer.  This “slippage” has a tremendous effect on the bottom line of any strategy. Traders can place limit orders, however delays in placing, updating and cancelling orders could be a very costly effect as well. The speed of execution could add additional cost to futures trading.
Why would a trader experience delays in execution?

1) Geographic location (proximity to the exchanges)

2) Speed of Internet transmission (your ISP provider)

3) Hardware (your computer)

4) Server locations for the platform (data)

In the next section (part 2) we will address possible solutions to latency and execution.

Trading in futures and options on futures involves substantial risk and is not suitable for all investors. Past performance is not necessarily indicative of future results.

Top of page / Subscribe to new Entries (RSS)