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Re: Reducing Slippage Risk



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Hi Tony,

I am a full time Futures Trader and I'm using
TT's X_Trader PRO license. I'm assuming
you know that for the ~$1500/mn fee we're getting
charged, it comes with Free consultation by
the "engineers/programmers" @ TT. They will
write formulas for you based either in Excel,
or usage of Plugins that marry up with Autotrader
that will in turn take signalling from TS
or any other analytics and port them,
which in turn will drop into TT's MD Trader
window.

I've done extensive work with them in this arena.

If you'd like to talk offline about this I can give
you a heads up as to Pros and Cons on this very
subject.


cheers,

mike ball

--- Tony Walker <derivatives@xxxxxxxxxxxx> wrote:

> I have been on a mission to find better execution
> than using TS8 via TS
> brokerage. 
> I am full time trader and I use TT Xtrader Pro for a
> lot of my trading via a
> direct exchange gateway and the slippage on the
> liquid contracts is ~0. 
> I have run a couple of example FX futures systems
> using VB on XTPro and TS8
> at the same time just to compare the execution
> result. Average slip on TS =
> 2ticks average on XTPro = 0 ticks. Makes huge
> difference when you are
> running intraday strats over months. 
> Although I consider TS a great platform for
> development and testing it would
> be a real PnL advantage to be able to port the
> signals from TS8 to a better
> execution platform. Is anybody doing this? If so how
> do I do it. 
> Had a look at the Futures and Options World seminar
> last week in London and
> there were a few alternatives for Algorithmic
> trading but they would involve
> redevelopment and learning of a new language. I
> would still like to develop
> on TS.
> Regards
>  Tony Walker
>  
>  -----------------------------------
> TWI Asset Management
> Cannon Street| London | U.K.
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