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Forum: TradeBullet and Collective2

New?Last PostPosted By#Subject
2/19/13 (22:10)Francis Gingras2TradeBullet and C2 with MB Trading
2/04/13 (15:49)Matthew Klein2Collective doesnot support TradeBullet ????!!!
1/23/13 (2:38)Alexey Yurov3DAX trading on IB
12/07/12 (12:43)Francis Gingras2TradeBullet and C2 with MB trading
12/06/12 (12:44)Francis Gingras2Two systems on same contract
10/25/12 (14:45)Alexey Yurov4Collective2 to Tradebullet signal delay
8/12/12 (3:32)Francis Gingras2Inverse trading of C2 signals?
 
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Subject:TradeBolt experience
Posted by:Index ( C2 Score: 976)  New msg
 
Ignore user's posts for week month forever
When:11/29/06 (7:57) 
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I ran the 14 day trial for TradeBolt to a broker. This is my opinion of the service:

1) Setup was a snap; they had pretty clear setup instructions on their site, I made a couple of calls about things I didn't get. I tweaked nothing.

2) I was away almost the entire day during the times it ran, without a hitch. Seemed very stable and well thought out. I accepted pretty much all their defaults

3) The several C2 services I ran through it were very simplistic orders, having high realisms. As many have said, don't try to scalp the market this way.

4) It sets itself to stop autotrading according to my close of market instructions (4:15pm, EST). If I remember, you need to turn it back on for after hours.

5) Disconnects:

-- A few times daily it lost contact with C2. They averaged about 3 seconds only, and didn't affect trading. I ran it day and night, just to see.

-- Later on in the test period, I got some kind of disconnect a number of times, averaging perhaps 3-7 minutes each. As I recollect, some kind of put, post data or something like that. Still don't know what caused this. So I:

6) Customer service - I reported a problem to their tech support and they said they would investigate, but never bothered getting back to me on it.

7) Fills - seemed reasonable. I cross checked some of the fills, and they didn't seem to have much slippage ON AVERAGE. I was trading a 50,000 test account and doing under 10 contracts per trade.

8) Overall, happy with TradeBolt. of course, this was not real money placed; the trial was simulation mode only. I may get the occasional missed trade, but I felt it would allow me to get most of the trades, and still have a day job. I am not someone who wants to sit there and constantly tweak and worry about everything.

9) My understanding is that I pay a small charge per side. This could be expensive if trading a lot of eminis. This could be many hundreds to thousands a month for heavy traders. The flat fee of TradeBullet might be preferable.

10) BUT I still would prefer something that did not depend on the fragile C2->autotrade software->broker depending on the frail home internet connection. Are you listening, TradeBolt, TradeBullet, others?? This should be server based, with me in total charge of the operations & settings.

I suggest you do the TradeBolt trial to your broker, and get a feel for it. Costs nothing to try, and it is in simulation mode, so nothing risked...
  
 
Subject:TradeBolt experience
Posted by:Matthew Williams  New msg
 
Ignore user's posts for week month forever
When:11/30/06 (11:17) 
 

In response to post by Index of 11/29/06 (7:57)

I ran the 14 day trial for TradeBolt to a broker. This is my opinion of the service:

1) Setup was a snap; they had pretty clear setup instructions on their site, I made a couple of calls about things I didn't get. I tweaked nothing....

See entire

>10) BUT I still would prefer something that did not depend on the fragile C2->autotrade software->broker depending on the frail home internet connection. Are you listening, TradeBolt, TradeBullet, others?? This should be server based, with me in total charge of the operations & settings.


I thought that's what BulldogFX was for? I've been using it with a demo account for a few weeks now and have been very impressed.
  
 
Subject:TradeBolt experience
Posted by:Index ( C2 Score: 976)  New msg
 
Ignore user's posts for week month forever
When:11/30/06 (11:22) 
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In response to post by Matthew Williams of 11/30/06 (11:17)

>10) BUT I still would prefer something that did not depend on the fragile C2->autotrade software->broker depending on the frail home internet connection. Are you listening, TradeBolt, TradeBullet, others?? This should be server based, with me in total charge of the operations & settings....

See entire

does it work on commodities? I dont trade FX
  
 
Subject:TradeBolt experience
Posted by:Matthew Klein (Admin)  New msg
When:11/30/06 (11:35) 
 

In response to post by Index of 11/30/06 (11:22)

does it work on commodities? I dont trade FX

No, but we are about to announce three new server-based solutions for AutoTrading Futures... Announcements to come shortly!
  
 
Subject:TradeBolt experience
Posted by:Jules Ellis  New msg
 
Ignore user's posts for week month forever
When:11/30/06 (12:13) 
 

In response to post by Matthew Klein of 11/30/06 (11:35)

No, but we are about to announce three new server-based solutions for AutoTrading Futures... Announcements to come shortly!

And after that the stocks and options traders will be served, I hope?
  
 
Subject:TradeBolt experience
Posted by:Matthew Klein (Admin)  New msg
When:11/30/06 (12:15) 
 

In response to post by Jules Ellis of 11/30/06 (12:13)

And after that the stocks and options traders will be served, I hope?

Actually, one of the announcements will be a combination futures/options/stock broker ... !
  
 
Subject:TradeBolt experience
Posted by:Jules Ellis  New msg
 
Ignore user's posts for week month forever
When:11/30/06 (12:17) 
 

In response to post by Matthew Klein of 11/30/06 (12:15)

Actually, one of the announcements will be a combination futures/options/stock broker ... !

:-)
  
 
Subject:TradeBolt experience
Posted by:Science Trader ( C2 Score: 267)  New msg
 
Ignore user's posts for week month forever
When:11/30/06 (13:02) 
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In response to post by Matthew Klein of 11/30/06 (12:15)

Actually, one of the announcements will be a combination futures/options/stock broker ... !

Matthew,
If the server-based solution for stocks has the same superior speed currently claimed by BulldogFX compared to "home"-based applications like TradeBolt and TradeBullet, wouldn't that pretty much make the home-based solutions obsolete? E.g. if a home-based application enters the same order several seconds after the server-based application in a thin market, it seems likely that the former gets a worse fill most of the time.
  
 
Subject:TradeBolt experience
Posted by:Jules Ellis  New msg
 
Ignore user's posts for week month forever
When:11/30/06 (13:16) 
 

In response to post by Science Trader of 11/30/06 (13:02)

Matthew,
If the server-based solution for stocks has the same superior speed currently claimed by BulldogFX compared...

See entire

The home-based solution has the advantage that the user can easily interfere and do trades outside the system, I suppose. For example, I sometime average down when the system doesnt't, or I open a forex position with unused money. From what I understand from BulldogFX, is that you cannot place manual orders or that autotrading will be stopped when you do.
  
 
Subject:TradeBolt experience
Posted by:Matthew Klein (Admin)  New msg
When:11/30/06 (13:17) 
 

In response to post by Science Trader of 11/30/06 (13:02)

Matthew,
If the server-based solution for stocks has the same superior speed currently claimed by BulldogFX compared...

See entire

But there are plenty of trading systems where a fill-speed difference of one or two seconds doesn't matter. And for those systems, it might make perfect sense for a customer to keep his current broker/software package.
  
 
Subject:TradeBolt experience
Posted by:Science Trader ( C2 Score: 267)  New msg
 
Ignore user's posts for week month forever
When:11/30/06 (13:27) 
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In response to post by Matthew Klein of 11/30/06 (13:17)

But there are plenty of trading systems where a fill-speed difference of one or two seconds doesn't matter. And for thos...

See entire

I understand. Anyway, I'm looking forward to the official announcement. In general I think, the more choice, the better.
  
 
Subject:TradeBolt experience
Posted by:Index ( C2 Score: 976)  New msg
 
Ignore user's posts for week month forever
When:11/30/06 (14:46) 
Systems:
 

In response to post by Matthew Klein of 11/30/06 (13:17)

But there are plenty of trading systems where a fill-speed difference of one or two seconds doesn't matter. And for thos...

See entire

If these "server-based" solutions require transferring brokers, I have little interest. Unless of course, it is a REALLY good broker (Interactive Brokers or OEC, for example).

I have no interest in the high commissions or clueless interfaces of some of these mom & pop IBs. Commissions matter, slippage matters, reputation matters, service matters, support matters. I have had it up to here with some of these futures-brokers wannabes...
  
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