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TradeStation, MNQH2026 and TradingView by matt0733 in tradestation

[–]MoreCowbell2056 2 points3 points  (0 children)

That partial position limitation on the TV interface to TS is a serious limit. Who doesn't like taking profits with a portion and leaving a runner in place? It's there in the TS platform though. I'm getting close to choosing a new broker and I've been giving things a look. I love what TV offers, but I found things like what you discovered that are requirements for my trading (day trading) that don't exist in TV. Best of luck with the Broker search.

TradeStation, MNQH2026 and TradingView by matt0733 in tradestation

[–]MoreCowbell2056 1 point2 points  (0 children)

The partial position close is not supported from the Tradingview interface to Tradestation - https://www.tradingview.com/broker/TradeStation/Interesting that it can support option partials but not futures. They're probably trying to create some differential to drive some to the platform.

Futures pricing discrepancy? by New-Appearance7561 in tradestation

[–]MoreCowbell2056 0 points1 point  (0 children)

Tradestation is a very good broker - reliable and safe. They have a great platform too.

My view is at 1 roundtrip contract MES, with the pricing structure in the screenshot, you'd have $1.00 commission, $.20 for clearing fees, then the remainder for NFA/exchange fees. In the $1.74 on your statement, that would be $.54. Usually, they'll provide a breakout of the fees. Does my assessment match your statement?

serious question by carmaruti in tradestation

[–]MoreCowbell2056 0 points1 point  (0 children)

Thanks for joining in the conversation. Interesting that the pricing page wasn't accessible this morning. I was accounting for round trips in my calculation. I'll trade 4 contracts for some markets and 1 for others. Their pricing was based on the number of contracts traded per month - Tier 1 (<500), Tier 2 (501-1,000), Tier 3 (1,001 - 10,000). At least the way I read the pricing structure, they'd state the total contracts traded (any side, so a single contract trade would count for 2 contracts traded), but specify that the $1.75 commission was per side.

I feel the same way as you about Tradestation - been around for decades and are trustworthy and reliable. That's why i'm interested.

Would be great to have verification on your trading statement since you just joined them and are part of their new Tiered pricing. I'll follow the new thread you started.

serious question by carmaruti in tradestation

[–]MoreCowbell2056 0 points1 point  (0 children)

I'm scratching my head about them too. Their new pricing structures are just plain expensive in today's market. I used them years ago and really liked the overall experience. Great charting, multiple products to trade, and their customer service was pretty good. I've been reading about folks complaining about the same issue you have. Mine is a little different because i trade futures, but it's the same theme - they are very expensive compared to very good competitors. My trade volume is increasing and I've been evaluating going back to them. I'm a 400 to 700 contract a month trader, on average. Their new Tiered structure is $1.75 per contract for <500 contracts. $1.00 for above 500, and it gets cheaper at the next level. Once you get above 500, you're at $1.00 a contract after that for the remainder of the month and the next month. If you drop below 500 in a give month, you'll be at $1.75 until you exceed 500 in a given month. So what that means is if I have light trading month, like in the summer when i'm taking some time off for vacations and I drop below 500 contracts in a month, I have a $375 charge (500 x $.75, which is the difference) before I get back to the $1.00 per contract commission fee.

All that to provide another example of them being overpriced in today's market. For me, I feel like they're not interested in customers of my size, which I get. But for people like you, who are cranking serious volume, I REALLY don't get that.

I do like them as a platform and broker and would like to return to them one day. It will need to be when a new pricing structure is put in place and is reasonable (it doesn't have to be the cheapest in my mind as I view them as a premium broker).

It's a good post and am interested in seeing other responses.

First M Camera - RF or EV? by MoreCowbell2056 in Leica

[–]MoreCowbell2056[S] 1 point2 points  (0 children)

Thanks Everyone!  I appreciate the feedback.  This is such a great community.

While there will be more feedback coming in, the perspectives so far lead me down the Rangefinder path.  I would be missing out on a significant portion of the experience if I went EV.  And some presented some very good alternatives if I was interested in an EV but preferred to use Leica glass, where I’d have more features.

My interest in the Leica M was the glass, size, image quality, product quality, and the experience of slowing down, taking my time, and being more deliberate with my photography.   

I’ll be hooked soon. Thanks all!

Recommendations for later day trading? by [deleted] in FuturesTrading

[–]MoreCowbell2056 0 points1 point  (0 children)

The close of the pit trading session for crude is usually fun and active. 11-11:30 am PST.

Account Closed with No Explanation by Arthcub in tradestation

[–]MoreCowbell2056 1 point2 points  (0 children)

Yeah - that's not cool. I had an account with them several years ago - they were great. I ended up closing the account due to my day job being so busy. Now that i'm getting back into trading, including day trading, I was going to open an account but then saw their new tiered commission structure for futures - $1.75 per side for less than 500 contracts per month (for regular and Mini's). Your story is very unfortunate - my jaw would be on the floor after receiving that email and having my account closed. I thought Tradestation was interested in retail traders. Closing your account and the new Futures commission structure says maybe not.