geff wrote:What happened the last time? (Does this mean that this offer may come around again???)
The last time there were a couple of traders who applied after the deadline. Their application for the discount was, unfortunately, not accepted. But they knew beforehand what the cutoff date was, so that was not the fault of Tickquest.
Although I can't guarantee that, it's very likely that there will be other NeoTicker discounts for kreslik.com members. I think the next one will be sometime around September 2007.
geff wrote:I'm heavily invested in TS8.2 and Optimax but I understand that your experience suggests that it's worth the switch.
I know first-hand
I invested time and money into Tradestation 8.1 and Grail Genetic Optimizer. GGO was discontinued due to a complete lack of cooperation of TS with the GGO author. This was also one of the reasons why I quit with TS. I believe Optimax's support was discontinued for the same reason later if I'm not mistaken.
geff wrote:Migrating to Neo also requires you to pick a new broker and a new data provider. Which did you choose?
Well I'd rather say it finally
allows you to pick a broker
You can't pick a broker with TS - you are doomed to trade via Gain capital that offers articifially widened spreads
and you can't automate your forex strategies with Tradestation.
NeoTicker's API is publicly available so brokers (or Tickquest, or anyone for that matter) can write an order interface between NeoTicker and some particular broker. That's what I call openness. Currently I'm using EFX for Forex trading via NeoTicker which is a subsidiary of MBT. They offer true interbank quotes and no dealing desk.
geff wrote:Also, will Neo allow you to carry long and short positions in the same account? (Ex: You're long on the GBPUSD for a week but want go short overnight.) TS won't let you do this but I know of several that will.
You see - this is a perfect example how the "platform" issues and the "brokerage" issues are dangerously intermingled
in Tradestation to the customer's disadvantage and total confusion
. NeoTicker allows you to do anything
that's allowed by the broker you are connecting to
with NeoTicker. Remember - NeoTicker is simply a platform, not the brokerage. That way they are always on your side (as opposed to the brokers).
In this respect, imagine NeoTicker rather as an internet
that allows you to connect to your broker. The functionality you are requesting (hedging) does not depend on the internet, but on your broker only.
So if your broker supports position hedging, you can enter long and short positions at the same time and your automated trading system can do the same directly from NeoTicker. FXCM broker started offering this functionality recently. There exists order interface between NeoTicker and FXCM, so you can enter hedged positions from NeoTicker that will be held at FXCM.