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V. 22:7 (92-95): Product Review: PhotonTrader by David Penn
V. 22:7 (92-95): Product Review: PhotonTrader by David Penn
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Product Review: PhotonTrader by David Penn
If a picture tells a thousand words, then perhaps this review of PhotonTrader, a futures order-entry platform developed by FuturePath Trading, should have been composed as a PowerPoint presentation instead of a Word document.
Why so? Because the best way to understand what PhotonTrader does and how well it does it (short of the sort of hand-guided tour I got from PhotonTraders excellent technical support staff more about that later) is to learn how all of its parts, or modules, work independently and how each contributes to the whole. PhotonTrader is a constellation of easy-to-understand, cant-fail-if-you-try modules that provide a variety of ways for active futures traders to put orders in the market, monitor and modify positions, and watch and respond directly to the market. It also provides an e-paper trail in the form of an executed orders window, audit trail, and position report.
I stumbled across PhotonTrader while reading about the preferred tools of a technical analyst (and Market Wizard) whose work as a trader and trading educator has impressed me for some time. Without putting that analyst on the spot with an endorsement he (or she) might not elect to make, I recall that this technical analysts website notes not only a particular fond[ness] for PhotonTrader, but also the observation that Photon has a number of highly useful features for the active emini trader.
If a picture tells a thousand words, then perhaps this review of PhotonTrader, a futures order-entry platform developed by FuturePath Trading, should have been composed as a PowerPoint presentation instead of a Word document.
Why so? Because the best way to understand what PhotonTrader does and how well it does it (short of the sort of hand-guided tour I got from PhotonTraders excellent technical support staff more about that later) is to learn how all of its parts, or modules, work independently and how each contributes to the whole. PhotonTrader is a constellation of easy-to-understand, cant-fail-if-you-try modules that provide a variety of ways for active futures traders to put orders in the market, monitor and modify positions, and watch and respond directly to the market. It also provides an e-paper trail in the form of an executed orders window, audit trail, and position report.
I stumbled across PhotonTrader while reading about the preferred tools of a technical analyst (and Market Wizard) whose work as a trader and trading educator has impressed me for some time. Without putting that analyst on the spot with an endorsement he (or she) might not elect to make, I recall that this technical analysts website notes not only a particular fond[ness] for PhotonTrader, but also the observation that Photon has a number of highly useful features for the active emini trader.
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