Monday, December 7, 2009

Screw TradeStation

Apparently TS in their infinite wisdom rolled over to the H contract a week early on the CME Forex futures products so anyone using continuous contracts on their charts (most of us do) your data is incorrect. I wouldn't have caught it if I wasn't using another broker to clear with.

But the tech support is trying to tell me that this is normal and I should trade off the H contract prices - which is dumb because everyone else is still trading the Z contract.

Apparently their "data integrity group" says this is all normal and by the book but i've never had this issue before in the 3 years with them as a client using continuous contracts.

I mean, the H contract has no where near the volume as the Z and yet they want to base the movement off of the H contract instead of something with 18x's the volume? WTF TS?

The tech support guy was trying to convince me that I wanted to trade off the H contract prices... ummm lets take a vote? Who wants to trade a contract trading 11k volume, or the one trading 200+k. I think i'll stick with the one trading the most volume. Or how 'bout just trading the contract that ALL THE OTHER TRADERS IN THE WORLD ARE STILL TRADING?!?! Rollover is the third Thursday of the month (supposedly) so what they are smoking over at TS is beyond me - but its gotta be some GOOD SHIT.

I ended up not trading at all today. I was waiting for TS to address this problem, but seeing as how they aren't going to it looks like i'll be having to manually change all of my chart symbols for a week before actual rollover occurs and change it all back.

6 comments:

Aminur said...

Hi matt
so there is no way to learn synergy4trading or get the indicator package?

Matt said...

Nada. There is much much more profit to be had from learning the ideas and principals in that thread I mentioned. I'm daedalus on that site and I post in there frequently.

Guardiangel said...

glad i found ur blog. i am in a pretty similar situation with quite similar goals (mayB not 10 contracts by 23) and our birthdays probably not more than 2 months apart. heh.
do u have aim or any contact info i could have for future references?

Matt said...

i'm on skype and yahoo/aim from time to time...

just check back here as i'll be linking to a new blog soon with contact info.

Aminur said...

Hey matt happy new year.. would u mind if i add you in skype? i would like to learn from you let me know
thanks

Scalpwiz said...

Hey Matt, haven't checked your blog out in like 2 months, glad to see your still trading =)