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not quite... i use interactive brokers and their proprietary
tradersworkstation order entry platform.. i love it.. commissions are 4.80
round turn for electronic futures... no problems or concerns to speak of...
as for tradestation 7 platform, i just got the preview of 7.2 and it's
great.. again, after using it since inception, no real problems anymore -
only in the very first year of launch.
as for tradestation securities... never used em.. they are always trying to
get me to open an account, but... i've heard lots of complaints left and
right from various websites and boards.. i really like interactive brokers
and they have the ability to manage multiple accounts - something which TS
Securities doesn't offer yet. when i spoke to a broker at TS Securities, i
can't believe that he actually said "we've had problems with executions -
it's not our strong point." !!! unless i didn't hear him correctly... this
came up when he was asking me about what brokerage services i was currently
using... he couldn't match the services i was getting and the made the
comment somewhere in there!
if i were you, i'd wait a while to let TS Securities get themselves sorted
out and running smoothely..
i was recently referred to velocity futures. they also offer advisor
accounts and 3.90 a round turn. they use the awesome x-trader platform for
$650 a month. a trader friend of mine loves them and x-trader.
it really depends on your trading size - velocity will be cheaper if you do
the size, if not, interactive is cheaper. you do the math.
www.interactivebrokers.com
http://www.velocityfutures.com/
best wishes to all,
feisal
-----Original Message-----
From: Ramin Zahraie [mailto:rz0@xxxxxxxxxxxxx]
Sent: Monday, November 17, 2003 1:51 PM
To: omega-list@xxxxxxxxxx
Cc: Omega-list@xxxxxxxxxx
Subject: Re: BMI sat help
Feisal Sharif wrote:
>
>
> exactly why i jumped on the offer to upgrade to tradestation 7 for 99
> dollars per month.. i still have the bmi box (cable feed) and can't
begin to
> tell you the number of hard resets and tech support calls.. the ts 7
> platform is better on it's bad days than bmi with 2000i on it's best
days..
> the ts7 platform now has all the historical data as well going back many
> years intraday... i believe that BMI was taken over by esignal.. the
> tradestation tech support department was clearly trying to phase out
2000i,
> so i just wanted to avoid the headaches of going to two different tech
> supports.. the cost of ts7 is cheaper than paying for the outside data
> vendor, so it really wasn't any loss on my part..
>
> best of luck, let me know if you have any questions on tradestation...
>
> feisal
>
Feisal
I take it that you trade with TradeStation Securities. Can you tell us a
little about the brokerage side of TS?
Thanks in advance.
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