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Direct MessagesDate/Time: Tue, 23 Apr 2024 15:11:25 +0000
Post From: Feedback Requested: Trading Evaluators (Top Step Trader etc.)
| [2020-01-25 05:56:47] |
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The following is just an initial quick presentation of information on the subject. We may clarify and expand upon what we are saying as needed. ---- As many of you know, there are these trading evaluators, that can evaluate your trading and supposedly offer you a funded account: https://www.speeduptrader.com/ https://www.topsteptrader.com/ https://oneuptrader.com/ https://www.earn2trade.com/ https://www.uprofittrader.com https://www.leelootrading.com/ https://www.t3trading.com/ (different than the above but just adding here as well) These systems use Rithmic for the simulated trading environment. There are technical issues with the integration between Rithmic and Sierra Chart. From time to time we hear about problems on the server side, related to the integration that just would not happen with our own simulated trading service. And even just a couple of days ago someone reported to us a problem that simply would not occur when using our own Simulated Trading service as compared to Rithmic. It was some unexpected order which they did not submit but we really do not know why there was this problem when using Rithmic. It does not mean that Rithmic was at fault but the trader failed the test with Top Step Trader, when they are paying a lot of money to them. This is just a situation that is simply not good. Although what if it was a case where the Rithmic system provided an order to the user which was actually submitted by someone else? And there are dozens of issues over the years. These are things we can solve and we have solved. We are very adamant about not continuing to support Rithmic with these services. We have already informed Top Step Trader to remove Sierra Chart as a listed platform for their services. And technically effective as of 2038 Sierra Chart can no longer be used with Top Step Trader. This is the information about the Simulated Futures Trading Service: Simulated Futures Trading Service Which all these trading evaluators can use. The idea is that these evaluators create templates, that users can create trading accounts from. And then the user shares the trading account with one or more of these evaluators. The user will also have the ability to publicly share their trading activity on this website for anyone to look at including those who are willing to potentially fund them. So this is going to be like a leader board concept where the daily, weekly, monthly leader would be listed on top. And their summary and detailed trading results can be seen. We also have a Sierra Chart user who wants us to create a simulated feed using real exchange data, and then have users trade in a simulated combine and have users/traders compete with each other or something like that. We probably are not explaining it so well. We welcome the user to come in here and explain what they have in mind. Our focus in their particular case is the generation of the simulated data feed. Between what they want to do, and what we are planning to do and already currently offer, we think we can provide a very good environment for no additional cost to Sierra Chart for users to improve their trading skills, and demonstrate to those who are willing to fund them, their trading abilities. After all what do you need to be paying additional money for through those services? It does not make any sense to us. Furthermore from our side this is terribly frustrating, when users are running into technical problems when using external simulated trading environments. These problems just will not exist when using our own simulated trading environment. This unnecessarily takes our time with unnecessary support when a problem could have been avoided altogether. We can put verified trading results on this website, if the user wishes to publicly share this, whether someone is trading using real-time market data, delayed market data, or simulated exchange data based on actual real data. The type of data being used will also be shown. There will also be a contact method by which someone who is willing to fund a trader, can contact the trader. In regards to the fact that Rithmic is offering Real-time CME group data at nonprofessional fees with no definitive verification to our knowledge, whether user has a funded trading account or not, this kind of problem has been solved by this solution available now: Easy Solution to CME Funded Trading Account Requirement So no longer is this an impediment for real-time CME market data access. So finally in summary we want feedback about what we have said here. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2020-01-28 19:59:12
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