I have some questions for you experienced Ninja trader lifetime customers and micro futures/futures [MES] traders that I'm hoping you guys will share you experience with.
I'm a somewhat experienced trader that's traded small cap stocks, large cap stocks, large cap options, and FOREX part time over the past 3 years.
I am now looking into trading micro futures (MES) with ninja trader but I'm not sure it's worth it because of all the costs.
I currently use another broker and platform that has free stock shares trading and free FOREX trading, no platform fees, no data fees.
However, their micro futures margin requirement is much higher than ninja trader's which is why I'm considering ninja trader but I don't know if it's worth all the extra expense?
I'm at a point in my trading where I want to focus on one thing and master it.
What's preventing me from moving forward with micro futures and ninja trader are all the extra fees compared to my other broker :
Ninja trader platform, lifetime $1,100.
Data fees and commission fees.
VS.
No platform fees, no commission, no data fees but I can't properly trade micro futures due to the much larger margin requirements.
I scale into position and the other broker's high margin requirements would be to much money for me to trade my style properly.
So I'm trying to decide what trading to focus on?
Maybe I should just focus on trading FOREX with no fees or just trade options on the SPY instead of trading MES/Futures?
I've been demoing MES on Ninja Trader for about 2 weeks and doing well (remember I'm an experienced trader in other asset classes).
Questions :
Are your real money MES fills the same as Ninja Trader DEMO fills or is there slippage?
If there is slippage how often and how much in ticks/points?
I've been mostly scalping a point or two here and there on MES.
Since I've never traded MES real money I don't know how the fills are and I'm wondering if that's realistic?
A question for all of you that have bought the lifetime license for Ninja Trader :
Do you honestly feel it was worth it and why?
If you could trade FOREX for free would you still of bought the lifetime Ninja license and pay commission and data fees?
Why?
Also, I don't see a news feed in ninja trader?
My other broker has free news...
Am I missing the news feed in ninja trader?
I have some other concerns but for now those are the most important to me.
Thank you for taking the time to answer.
I hope my honest questions don't upset anyone.
I know other traders that feel the same as I do and to them it's not making sense.
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