bit of help please people

[Technically Fundamental]

I want to demo trade equities but I need an account that includes has all of the costs/commissions i'll need for my calculations pref a dma one.

Anyone know of one please?

IG's CFD is balls. They wont let me look at my live charts and place demo trades now either. Plus they want money off of me for advancedconfused:?) live charts and now demo live charts show no data before Oct 08. If any other newbs are considering them I'd advise shopping around for someone who isn't so money hungry that they wont let you have a live and a demo account but that's just my opinion.

Plus their charting is a bit poo anyway. Too many random spikes from data feed problems that make it hard to see long term data.

 

[foredog]

Etrade cfd used to do demo...not sure if they still do or not.

 

[Technically Fundamental]

I'm on this TT now but its an absolute nightmare. Having a hard time following it.

 

[foredog]

Demo A/C here and i think it's CFD

marketindex: Homepage

 

[Technically Fundamental]

I dont want CFD I want that ladder sh1t. You know anywhere?

 

[foredog]

That ladder stuff probably means level 2 where you see the bids and offers. Might struggle for a demo of that as it cost £1500+ pa for that.

Etrade give free l2 but as i said don't know if still do demo

 

[Skill Leverage]

futuresbetting.com are very good if you want a DMA proxy. I'd suggest you check them out.

 

[foredog]

He's said equities in the opening post but all this TT stuff and Ladders all sounds very futures.

Aaron if you want to trade indexes etc then you want a futures broker/SB

If you want to trade BArclays or vodafone etc then you want a CFD broker.

 

[Technically Fundamental]

thanks guys

 

[Skill Leverage]

yeah you're right foredog, sorry about that. But yeah, ladders sounds like futures to me.

 

[Technically Fundamental]

Well all I have on there is one day of action from the Bund sep/dec06 which was futures.

I just assumed that equities would be traded the same way on level 2. Etrade CFd any good. I'm quite sick of IG.

 

[foredog]

Never had a problem with them and i was trading Uk stocks full time for a year. Haven't used them lately as stocks volume were a bit thin no other reason.

 

[Technically Fundamental]

how much is that etrade prof v2?

 

[foredog]

Free

 

[Technically Fundamental]

Are you joking?

Thats far superior to IG.

I don't know who I was kidding messing with them.

 

[GladiatorX]

Technically Fundamental -
Sign up for example through Mirus futures for NinjaTrader with Zen-fire demo, which features 30 day trial and you can use a DOM - The platform is 'retail' but allows you to place all your orders on the chart or through the door and allows you to demo on ALOT of futures, From ES to ZC So whatever you want to demo its probably good...

These types of platforms in comparison to what Igmarkets offer you are far superior, trading on the actual exchanges give many benefits to the trader and as i'm sure you can see, the DOM is a very cool tool, especially as in my opinion is important to understand order flow - Its interesting also you can change the settings so you can see the accumulative volume at any levels which therefore shows you where the action is, and where support and resistance can be found to repel price quickly (A step down from Market profile)...

A more proffesional platform designed for the use of proprietary traders is Inifity Futures 'Infinity AT' platform which you can demo - Highly recommendable, again a list of futures products to demo, excellent customer support - Very proffesional. In terms of scalping and day-trading it is superb - Swing trading, such facilities as the DOM are probably less needed, better just to place the order through manual input. The demo makes it difficult for you to try make the transition to 'real' as easy as possible... This means limit orders don't get filled until price goes through then (In other words you can't buy the bid and sell the ask) and therefore it puts you in an even harder position than the real market, which you sometimes would get filled obviously - It considers whether you would have got filled when you place an @ market order too... Allows you to have an exit strategy automatically executed such as
'10 tick gain, breakeven and drop 1 lot, hold another lot until 15 points and exit final lot @ 20' Its relatively easy to set this up and can give you a real edge in managing your trades with efficiency - Especially if you have more than one trade on at a time.

 

[Technically Fundamental]

Thanks

 

[Technically Fundamental]

wtf

what am i missing here?