Reasons why I turn back on commercial trading platform like this new Trading Technologies X_Trader ADL

(Last Updated On: January 8, 2015)

Reasons why I turn back on commercial trading platform like this new Trading Technologies X_Trader ADL
Is Trading Technologies ADL really going to change things in trading platforms?
https://www.tradingtechnologies.com/support/learning-guides/adl-learning-guide/
https://www.tradingtechnologies.com/products/trading-analytics/xtrader/adl/
This is a platform that will hold you hostage with big monthly payments which most of us cannot afford. Even if I could afford, I still would not want to be held hostage unless I have own and have full control of all aspect of my trading components. That is how I feel about it.
I just got a notice from a follower who asked me about this. There are more platforms out there with competition as fierce as never been seen. Personally, this is a race to the bottom and most are really trying to woo people as much as possible. I never really looked at this but when you have a high quality FREE open source trading platform like Trade Manager or even the older version of Tradelink, I will take those options over any other any others. Sorry but this is why I never got into the game of either software consulting platforms or even selling them. It is a race to nowhere as it becomes a horse race to nowhere.

As for the user, just focus on these platforms I mentioned and you shall be fine. If you are too lazy to custom code your own or hack one of these tools, you will be left behind. Remember those large retail stock brokers, they disappeared for a reason. Many day traders and retail traders are getting killed while it is not getting any easier for them. They are literally fighting for crumbs which I want to have no part of. Sorry. This is why I choose the path I am on.
Join my FREE newsletter if you want to learn about to running your own fully automated trading operation

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!
This entry was posted in HFT High Frequency Trading, Quant Development and tagged , , , , on by .

About caustic

Hi i there My name is Bryan Downing. I am part of a company called QuantLabs.Net This is specifically a company with a high profile blog about technology, trading, financial, investment, quant, etc. It posts things on how to do job interviews with large companies like Morgan Stanley, Bloomberg, Citibank, and IBM. It also posts different unique tips and tricks on Java, C++, or C programming. It posts about different techniques in learning about Matlab and building models or strategies. There is a lot here if you are into venturing into the financial world like quant or technical analysis. It also discusses the future generation of trading and programming Specialties: C++, Java, C#, Matlab, quant, models, strategies, technical analysis, linux, windows P.S. I have been known to be the worst typist. Do not be offended by it as I like to bang stuff out and put priorty of what I do over typing. Maybe one day I can get a full time copy editor to help out. Do note I prefer videos as they are much easier to produce so check out my many video at youtube.com/quantlabs