Do you use the TradeStation data feed?
Data vendors and trading platforms are like politicians. There is no such thing as a good one. We all vote for the least worse guy.
So while TradeStation (TS) may not be the very least worst data vendor, TS is definitely in the top five. So you are using an OK vendor. Which is good.
Since most trading firms like MLCO, BOFA, and SBSH (and most hedge funds not clearing GSCO) use the Bloomberg and Reuters data feeds, those firms do not have as good of information as you have on your very own TS. And by using your TS well, you can blow them up, almost every day. A relatively simple process, once you learn what time to do it.
But to do that effectively, you must program into your TS the correct program trading symbols. Symbols that MLCO, BOFA, and SBSH do not even have running correctly on their Bloomberg and Reuters machines, and therefore your advantage over them.
If you would like to know more about that, and how to set up those symbols, then click on the contact link below and fill in the form. Tell us that you are using TradeStation and tell us exactly what you would like to know, and we will respond to your request promptly.
