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Re[2]: TS Pro and trading futures



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Hello Lawrence,

I've considered that and still may.  but here are two reasons I may
not:

TS4 requires Dynastore for eSignal.  I've used DS and its pretty good.
but the data maintenance goes way up.  Secondly, eSignal will cost
~$150 compared to 0 for TSPro.  I own but don't like TS2ki--my
software headaches would increase.   The deciding issue may very well
be futures commission costs.   At ~200 rt's month, they add up.  So
free data isn't free.  The alternative I like is to open the TSPro
account w $20K (if possible) and trade elsewhere.  If TSPro will allow
one to hold a TBill, the data feed and charting tools are costing me
$50 per month roughly.

Monday, September 03, 2001, 8:43:24 PM, you wrote:


LC> If you intended to keep your Ts4, 
LC> try eSignal with your TS4, or maybe TS2k.

LC> -Lawrence

LC> --- Jim Johnson <jejohn@xxxxxxxxxxxxxxxx> wrote:
>> Hello omega-list,
>> 
>>   Over the weekend I finally got around exploring TSPro features etc.
>> I have one general, quick take to share for info and feedback and a
>> couple of q's for those who use it.
>> 
>> I trade only futures, mainly day trading e-mini SP's and ACE Bonds.  I
>> currently get two FutureSource feeds for TS4 at around $900 per month
>> including several rt exchanges.  Great setup for reliability and low
>> maintenance.   But too much in this era for data.  I want to keep one
>> FS and switch the second to:
>> 
>> A low cost, low maintenance alternative.
>> 
>> I don't want to learn newsoftware.
>> 
>> I want to use as much of my current omega systems/indicators as I can.
>> 
>> I don't want to learn another language.
>> 
>> Two insights came to me (I'm slow--I'm sure many of you had these
>> years ago).  First, the cheap data feeds are the ones you get thru a
>> broker (NextTrend, myTrack).  Data is their loss leader.  Second, it
>> quickly starts to look like TSPro is a pretty good option for me. I
>> hate to acknowledge that bec I think the company has played fast and
>> loose with its customers.
>> 
>> My next info to get is:
>> 
>> 1.  what is it like to trade futures, esp SP minis with them?
>> 
>> 2. what is their commission schedule like for my level of activity?
>> 
>> 3.  if one trades futures only, is the minimum opening balance $20K or
>> $50K?
>> 
>> I'd appreciate any comments and answers to the last three questions.
>> 
>> 
>> 
>> 
>> -- 
>> Best regards,
>>  Jim                          mailto:jejohn@xxxxxxxxxxxxxxxx
>> 


LC> =====
LC> Lawrence Chan   http://www.tickquest.com    
LC> Transform market data into opportunities

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-- 
Best regards,
 Jim                            mailto:jejohn@xxxxxxxxxxxxxxxx