To All,
Does anyone reading this tread use RT Get? I have always been interested in a RT package but the overhead costs are daunting. With the new "Win Get" the only (currently) options are CQG, FutureSource and Bloomberg.. With the costs of Get lease ($1920.00 yearly or $160.00 monthly) and your data feed (the only one I have researched is CQG and this, "base" is approx. $600.00 mo.) your monthly budget would run approx. $800.00/$1000.00.
I trade stocks and the WinGet for Tradestation 4.0 (out soon?) is a possibility. The problem; you must buy the program (tradestation 4.0 approx. $2400.00) to be able to link to a RT datafeed.. If I understand this `possibility' correctly I would be able to use BMI or Signal. The down- side is that you would also have to subscribe to a data provider for history. Because history is only in daily bars (from all historical providers I'm aware of, except trading techniques futures data) I would need to save and maintain my intraday tick data.. Not easily done..
I find that RT data would be quite useful in finding entries, even if you are a long term trader. But, as I said earlier, the costs are daunting! CQG is a incredible package providing not only intraday data but historical also..
The reason I do not use Trading techniques futures hourly data is because the bulk of my trading funds are in IRA's and, I believe, futures are not a option.
Any thoughts, opinions, or comments would be of great interest to me. Ross |