Market Order execution times

[IsaacBillion]

Well, I trade NQ / MNQ only. As you'll know, for NQ (the eMini) you have
$20 / Pt or $5 / PriceTick P/L. Assuming $2.00 per side, that's R/T $4.00,
then you can begin to profit on a Single tick NQ Target profit. But if you took,
......
means designing software which "delegates" decision making to the
server for strikes which depend upon low latencies, not to mention all
of the other issues, such as managing your own orders, etc.... Not for
anyone who is not fully committed to learn it all....
Hyper

Oh. So I presume you're not trading high volume.
Your assumption of $16 profit per point is good if you are.... only winning!
What about loosing? you're starting to be profiable for $8 per point or $4 or even
less. I have strategy that can be profitable but with lot of trades.
So I'm searching some broker with low latency and fix commision price per month.
If you know something like that....blow a whistle...

[Hyper]

Oh. So I presume you're not trading high volume.
Your assumption of $16 profit per point is good if you are.... only winning!
What about loosing? you're starting to be profiable for $8 per point or $4 or even
less. I have strategy that can be profitable but with lot of trades.
So I'm searching some broker with low latency and fix commision price per month.
If you know something like that....blow a whistle...

Well I use a high volume of transactions; although not so much larger
contract commitment levels; and I use perhaps dozens of positions for
cost basis management, and LIFO partial profit taking accounting, etc.....

I didn't understand you wanted a "fix commission price per month"; and that
would be for an unspecified number of round trips? anyway I don't know of
a solution of that general nature.

How to Win in a very high proportion of strikes, is an unbounded and very
difficult result to achieve. It requires very unconventional Analytics, and a very
focused optimized custom feature chain mediated by very complex software
generally. But I think you're saying that you have a statistical edge in your
approach; but not necessarily high precision or confidence in the outcome of
any single transaction perhaps.

Certainly, using Order Routing and Market Data provided by a service such as
Rithmic (and there may be others) is a pre-requisite for low latency, but also
if you do Depth of Market Analysis like I do, I analyze Quote Tiers which are
roughly 120 Price ticks ( 30 points ) away from the current market price. This
data is invaluable to me, since I actually use it; but high performance including
low latencies are a function of colocation of server, and efficiency of the Order
submission system, etc... Wish I could be more helpful... Hyper

[IsaacBillion]

Well I use a high volume of transactions; although not so much larger
contract commitment levels; and I use perhaps dozens of positions for
cost basis management, and LIFO partial profit taking accounting, etc.....

I didn't understand you wanted a "fix commission price per month"; and that
would be for an unspecified number of round trips? anyway I don't know of
a solution of that general nature.

How to Win in a very high proportion of strikes, is an unbounded and very
difficult result to achieve. It requires very unconventional Analytics, and a very
focused optimized custom feature chain mediated by very complex software
generally. But I think you're saying that you have a statistical edge in your
approach; but not necessarily high precision or confidence in the outcome of
any single transaction perhaps.

Certainly, using Order Routing and Market Data provided by a service such as
Rithmic (and there may be others) is a pre-requisite for low latency, but also
if you do Depth of Market Analysis like I do, I analyze Quote Tiers which are
roughly 120 Price ticks ( 30 points ) away from the current market price. This
data is invaluable to me, since I actually use it; but high performance including
low latencies are a function of colocation of server, and efficiency of the Order
submission system, etc... Wish I could be more helpful... Hyper

Thanks for your reply , Hyper!
I'm looking something like Tradovate: $200/month

https://www.tradovate.com/pricing/

Is there a plan like this in Rithmic?

Regarding your strategy of "analyze Quote Tiers which are
roughly 120 Price ticks ( 30 points ) away from the current market price" -
That's interesting, never heard of it. Can you elaborate on that? can you share
some links about this strategy?
Thanks so much.
Isaac.

[Hyper]

Thanks for your reply , Hyper!
I'm looking something like Tradovate: $200/month

https://www.tradovate.com/pricing/

Is there a plan like this in Rithmic?

Regarding your strategy of "analyze Quote Tiers which are
roughly 120 Price ticks ( 30 points ) away from the current market price" -
That's interesting, never heard of it. Can you elaborate on that? can you share
some links about this strategy?
Thanks so much.
Isaac.

I think that any "commission free" or fixed commission as regards
futures would "pay for itself" with some scheme of wider spreads
or some other "creative" approach. It's just not compatible with the
per-contract transaction fee based approach of futures exchanges...

Discussions in depth are probably best moved to some forum like
futures dot io , and even in such forums diving as deeply as would be
needed for answers and supporting technologies is also very limited.

Custom systems are outside of the mainstream, and often proprietary
which is the case with me... So best wishes, but I probably can't
find you the solution you're seeking "out of the box".

hyper

[IsaacBillion]

I think that any "commission free" or fixed commission as regards
futures would "pay for itself" with some scheme of wider spreads
or some other "creative" approach. It's just not compatible with the
per-contract transaction fee based approach of futures exchanges...

Discussions in depth are probably best moved to some forum like
futures dot io , and even in such forums diving as deeply as would be
needed for answers and supporting technologies is also very limited.

Custom systems are outside of the mainstream, and often proprietary
which is the case with me... So best wishes, but I probably can't
find you the solution you're seeking "out of the box".

hyper

Thank for your answer, hyper.
Another thing, you mentioned you use dedicated server in NY/Chicago. Did you ever used VPS there?
Why did you move to real server? Isn't VPS enough? even better VPS with large RAM and good CPU speed?
Wasn't you satisfied with VPS?
Thanks a lot.
Isaac.

[Hyper]

Thank for your answer, hyper.
Another thing, you mentioned you use dedicated server in NY/Chicago. Did you ever used VPS there?
Why did you move to real server? Isn't VPS enough? even better VPS with large RAM and good CPU speed?
Wasn't you satisfied with VPS?
Thanks a lot.
Isaac.

Hi Isaac,

When you are running dozens or more high performance threads,
a VPS may hit a pre-configured thread limit; and your software will
just stop working properly due to expected threads simply not
executing. Also, as a VPS is a subset of a larger bare metal
hosting server, you're only getting a slice of its true performance
capacity. Better to pay more for a Dedicated box; which you can
rely upon, and which will have a 100% up time, etc..... However,
if your needs are not so eXtreme as mine are... then try a VPS,
but the issues will most likely be worse than paying more for
a dedicated bare metal server. Been there, done that; not
going back to VPS land. LOL HyperX

[IsaacBillion]

Hi Isaac,

When you are running dozens or more high performance threads,
a VPS may hit a pre-configured thread limit; and your software will
just stop working properly due to expected threads simply not
executing. Also, as a VPS is a subset of a larger bare metal
hosting server, you're only getting a slice of its true performance
capacity. Better to pay more for a Dedicated box; which you can
rely upon, and which will have a 100% up time, etc..... However,
if your needs are not so eXtreme as mine are... then try a VPS,
but the issues will most likely be worse than paying more for
a dedicated bare metal server. Been there, done that; not
going back to VPS land. LOL HyperX

Thank you very much for the Info, Hyper!