Support Board
Date/Time: Tue, 01 Jul 2025 07:12:28 +0000
[User Discussion] - Start of trading via SierraChart
View Count: 593
| [2021-05-31 13:57:52] |
| Zdeněk Svatý - Posts: 1 |
|
Dear support, I would like to start trading futures (MNQ, NQ) with SierraChart, but I got kinda lost in all the information and procedures necessary to start. I am aiming for MNQ and subsequently NQ E-mini as a nonprofessional day trader with ACSIL studies and trading on alert. At first, I would like to do some simulation and afterwards the real trading. I have questions regarding the services and packages which I need for this purpose (the aim is to keep the costs at a minimum for as long as possible). 1) The first step of simulations and testing of my strategy After my SC trial will end I need to get a subscription to SierraChart Service Package - here I am thinking (Service Package 3) will suffice (without the MarketDepth information) which should be sufficient for the purposes of backtesting and simulation on historical data (Trading Evaluator) - Is it possible to perform the Replay on these historical Data? - Will the top of the book affect how it works?) 2) The live simulation here I need to get the Data Feed Here I am thinking about AMP funded account with 100 USD and a subscription to the Denali Data Feed (increase to the Service Package 10 - Standard + Denali Data Feed). - However, here I am kinda lost with the fees connected. I get that 10 USD is for the Denali service and then I need to pay the Monthly Data Fees (exchange fees). I am not sure to whom or who is billing the additional fees. - Furthermore, do I understand it correctly that as a non-professional trader, the pricing should be for Top-of-Book Bundle 3+1 USD or just for CME (futures I intend to trade) 1+1 USD? Based on ( https://support.ampglobal.com/hc/en-us/articles/360045232634-CME-Monthly-Data-Fee-Increase-Effective-April-1-2020 ) 3) Actual trading - I need additional funding of the account at the AMP or migration to another broker (based on the corresponding fees for the actual trading) and then I can start real trading. Could you please let me know whether I have got all the necessary steps or am I missing something? I have tried to read as much as possible from your support (which is great once I have understood its principles:)), yet I am afraid that I have missed something. Thank you very much for your time Regards Zdenek |
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