The Best Data Provider for Futures Trading: DTN, CQG, Rithmic, Interactive Brokers

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  • เผยแพร่เมื่อ 16 มิ.ย. 2024
  • Get Funded 50k-300k & Trade For A Living: go.tradacc.com/m/korbs
    Welcome to a new video where we are talking about Futures trading and specifically Futures data.
    Now in this video, I want to explain a couple quick points about data providers and I want to go over the best data provider on the market and then I want to go over the one I am using… Spoiler alert.. It’s not the best option available… I’ll explain why I use the one I use and why I switched from the best.
    HERE'S WHAT WE COVER:
    0:00​​ Introducing what we are covering about data
    0:45​ You need access to real-time data
    2:20​​ Data Providers broken into 3 categories
    3:20​​ Best Provider - DTN IQ Data Feed
    4:00​​ Why I stopped using DTN
    5:55​​ What I am currently using - CQG
    9:15​​ Wrapping up the video
    RECOMMENDED VIDEOS:
    The 3 Main Reasons Of Why Futures Are A Superior Product - • The 3 Main Reasons Of ...
    The Best time to trade Futures - • The Best Time to Trade...
    NEED HELP?
    Are you day trading and looking for a trading strategy and technical indicators that you can rely on for the long term?
    After trying them all, I've realized that you actually need ZERO technical indicators to have an edge in the market. All you really need is the Volume Profile, the only charting tool in the world used by professionals that provides real-time market-generated information.
    Trading with the Volume Profile is what allows me to generate $500/$1000 on average in daily profits.
    If you enjoyed this content on TH-cam and would like to learn my strategy to a deeper level, you might be interested in the Volume Profile Formula™, the first course that teaches you the basics of Volume Profile. To learn more click here: go.tradacc.com/vpformula
    WHO IS KORBS
    My name is Aaron Korbs and I'm a professional Futures Day Trader expert in Auction Market Theory, Order Flow & Volume Profile.
    I'm the founder of Tradacc.com and creator of Volume Profile Formula™ and the Profile Method™ where I help traders getting consistently profitable by focusing on Volume Profile methodology.
    I typically work with people that want to create an extra income or that would like to turn trading into their main profession.
    --------------------------------------------
    Happy Trading & Watch Your Risk
    -Korbs
    #volumeprofile​ #daytrading​ #futurestrading
    Risk Disclaimer: go.tradacc.com/Risk

ความคิดเห็น • 61

  • @danielchernobieff8242
    @danielchernobieff8242 3 ปีที่แล้ว +14

    With Rithmic you can see the whole book. They also offer MBO data. Ability to see the large individual resting orders is helpful. Until CQG offers MBO, Rithmic wins hands down. Just make sure your platform has the ability to display more than 10 levels on each side to take full advantage.

    • @creabe8626
      @creabe8626 2 ปีที่แล้ว

      Hi!!
      Is Rithmic works at the weekend ?

    • @auvietquoc3425
      @auvietquoc3425 ปีที่แล้ว +2

      Can you help me buy rithmic data feed?

  • @ronredmond
    @ronredmond 2 ปีที่แล้ว +4

    Hey Korbs, Ron here from CT... Your journey sounds so familiar, lol. I must have said that a hundred times over the last year or so that I've been watching your channel.
    Pulling all nighters, trading multiple markets, all sorts of data feeds, chart full of indicators, the works!
    After several thousand hours of chasing my tail, I took a step back, threw it all out, and just went bare bones... My trading improved 100x almost instantly.
    I was just looking up CQG when I noticed you had a video on it.... I trade with a prop firm and word on the street is, they do something with CQG, which I've heard would make it so we could use TradingView instead of NinjaTrader & Rithmic. I've been trying to wrap my head around what the heck CQG is and how it would enable us to use TV instead of these legacy dinosaurs..... Now I understand! =)
    Personally I love TradingView and use it for my personal account.... The data feed for Futures is a nominal $4/month.... Regardless, trading Futures without real time data would be a death sentence.....
    Cheers!

    • @jccgold
      @jccgold 6 หลายเดือนก่อน

      CQG using Tradingview data? Is that real?

    • @ronredmond
      @ronredmond 6 หลายเดือนก่อน

      This feels like it was a decade ago. I don't use or care about indicators and real time data these days. Just a consistently profitable, minimalist, price action, swing trader. Wish I kept it this simple from the beginning. @@jccgold

  • @Thegamer-jc7ol
    @Thegamer-jc7ol 2 ปีที่แล้ว

    Hi korbs thank you for such a detailed analysis. Can i ask you a question if im looking for forex futures data feed which one will you recommend?
    Also i am a bit confused as to whether i should get jigsaw or sierra charts. With sierra, is their denali feed any good for forex futures?
    Thanks a lot man!

  • @und-dc3dd
    @und-dc3dd ปีที่แล้ว

    Great video! What broker do u use?

  • @bearish_bull
    @bearish_bull 2 ปีที่แล้ว

    Thank you for the insight brother

    • @korbstrading
      @korbstrading  2 ปีที่แล้ว

      You’re welcome 🍻🍻

  • @dirtrider5001
    @dirtrider5001 2 ปีที่แล้ว

    hey bud great video, you said that you were gonna get into the package that you use with cqg but you never get actually got into which package you use. Thanks much for this vid and all the other great informative videos.

  • @gracia9775
    @gracia9775 2 ปีที่แล้ว

    Thanks a lot for the video ! Do CQG provide forex tick data ?

  • @truckertrader2497
    @truckertrader2497 2 ปีที่แล้ว

    Really informative, well done video.

  • @Roy-xe9is
    @Roy-xe9is 2 ปีที่แล้ว

    Thanks for this. Sticking to cqg.

  • @stephencrosdale9035
    @stephencrosdale9035 3 ปีที่แล้ว +1

    Great video Korbs, what data feed would you recommend for trading ftse 100 futures?

    • @korbstrading
      @korbstrading  3 ปีที่แล้ว

      Thank you, Stephen. This is not a product I trade. I would check with your broker 🍻

  • @Rain_-fo4we
    @Rain_-fo4we 3 ปีที่แล้ว

    Hey Korbs,big fan of your channel . Are you using CQG historical data for tradin? Thanks

    • @korbstrading
      @korbstrading  3 ปีที่แล้ว

      Thanks for kind words :)!! Yes, I am 👍🏼👍🏼

  • @JessomeWoW
    @JessomeWoW 3 ปีที่แล้ว +1

    Surprised you aren't using the denali feed since you are a sierra chart loyalist like myself haha. I personally love the denali feed. Thanks for the vids

    • @korbstrading
      @korbstrading  3 ปีที่แล้ว +1

      Thanks for the feedback. I haven’t used it yet, but I imagine I will be switching eventually

  • @johnwalkowiak2002
    @johnwalkowiak2002 ปีที่แล้ว

    Use Ninja Trader no issues very fast. Was wondering your opinion? Thank you

  • @afawakefrontiers
    @afawakefrontiers 3 ปีที่แล้ว +1

    Hi Korbs you shoud do a tutorial on how to setup live data on Sierra Chart.
    Keep the good work!

    • @korbstrading
      @korbstrading  3 ปีที่แล้ว

      Hey A.F, appreciate the comment 🍻🍻

  • @Ralphitness
    @Ralphitness 4 หลายเดือนก่อน

    Very informative!! Thank you, I’m currently using CQG on MT5 and I have a 6 day-week chart (daily timeframe). I’m curious, does anyone know how to switch the data to a 5 day-week???

  • @julioc4978
    @julioc4978 3 ปีที่แล้ว +1

    The price for the data feeds are very different from vendor to vendor.
    I am surprised you were paying a $100 for DTN, I thought they were cheaper.
    I use CQG because I don't have access to other data feed vendors that Tradovate can support.
    I believe what matters is whether you trade through the DOM.
    I believe Denali for Sierra charts is superior to all of the others.
    Great video.
    Cheers

    • @korbstrading
      @korbstrading  3 ปีที่แล้ว +1

      I will be checking into Denali Sierra soon. 👍🏼 will update in the future I’m sure :)

    • @kevinlaffey9310
      @kevinlaffey9310 2 ปีที่แล้ว +1

      Hi. Could you elaborate on what you said about whether trading through the DOM please?

  • @Godmode-en1je
    @Godmode-en1je 2 ปีที่แล้ว

    Hi, can you tell which data provider has data for HKEX exchange and provides market depth level2? I'm interested to look into the Asia market, HSI.

  • @Emmanuel-wo4gs
    @Emmanuel-wo4gs หลายเดือนก่อน

    Thank you 👍👍👍

  • @KingdomEFFEX
    @KingdomEFFEX 3 ปีที่แล้ว +2

    Do you offer a paid course/mentorship? All I see in your website is that free training button.
    I'm actually deciding between you and Trader Dale. I'm willing to pay to go beyond these free videos you put out (which are great btw).

    • @korbstrading
      @korbstrading  3 ปีที่แล้ว +1

      Yes, I offer a full development program called Profile Method. You can look exactly what's included here: www.tradacc.com/demo-optin/
      On the same page you'll find a button to schedule a call with my team to learn more about pricing and enrollment options.

  • @jjjensen9493
    @jjjensen9493 3 ปีที่แล้ว

    thanks!, i use cqg, i like it, i dont need anthing fancy

  • @FrozenSkyy
    @FrozenSkyy 3 ปีที่แล้ว

    Thanks Korbs. Another great video that helps with the real issues that traders have to deal with!
    So I'm guessing you use the combination of AMP as your broker, CQG as your data provider and Sierra Charts as your platform? If yes, that's a great combo.
    I've also been hearing about Sierra's Denali data feed. Have you tried that too? Would really help to know how well Denali works with AMP + Sierra combination, and if there's an added benefit in your experience given the additional costs.
    Cheers Korbs

    • @korbstrading
      @korbstrading  3 ปีที่แล้ว

      Ayush, thanks for the comment. I have not tried the Denali, Sierra combo. I will be testing in the near future I imagine and will update 👍🏼👍🏼

  • @_Jakebutcher
    @_Jakebutcher 2 ปีที่แล้ว

    does CQG give depth of market data

  • @Qliphirot
    @Qliphirot 2 ปีที่แล้ว

    Have you heard about Kinetic? if so what do you think about it?

    • @korbstrading
      @korbstrading  2 ปีที่แล้ว

      Yes, but I have never used it 🍻🍻

    • @richarddiphoorn
      @richarddiphoorn 2 ปีที่แล้ว

      Kinetics is actually DTN's IQFeed, but rebranded. And, you don't get the instant customer support that DTN offers. Other than that, Kinetic works just as good as DTN's IQFeed.

  • @kyleporter7509
    @kyleporter7509 3 ปีที่แล้ว +1

    Would like someone's feedback on Sierra Charts Denail Data feed with TT routing.

    • @korbstrading
      @korbstrading  3 ปีที่แล้ว

      I will update a video when I have tested it 👍🏼

    • @kyleporter7509
      @kyleporter7509 3 ปีที่แล้ว

      @@korbstrading looking forward to it thanks

  • @victorbash17
    @victorbash17 2 ปีที่แล้ว

    What is your trading platform, with CQG data feed, may I ask?

  • @digtlpete
    @digtlpete 3 ปีที่แล้ว

    One broker that I am considering has quoted me a price for a CQG connection fee of $10 and then $11/month for level2/depth data for each CME Exchange. Is the level2 data necessary for Volume Profile? Thanks for any thoughts.

    • @derekreed6798
      @derekreed6798 3 ปีที่แล้ว +1

      You will definitely need level 2 if you trade with a DOM.

    • @digtlpete
      @digtlpete 3 ปีที่แล้ว

      @@derekreed6798 thanks Derek!

    • @whitestork3896
      @whitestork3896 3 ปีที่แล้ว

      For volume profile you need tick by tick. L2 is the order book. So you will need it for DOM or order heat map (like book map)

  • @PMM745
    @PMM745 ปีที่แล้ว

    Hi, anyone here can advise how to get CQG for cheap (

  • @Gindaman999
    @Gindaman999 3 ปีที่แล้ว +1

    There are so many issues with these semi-professional data providers. My rithmic just can't handle high traffic and they don't care. Always giving me time-out message. There's compatibility issues with platforms, among many others. They just don't care if retail trader has any issues as long as they can make $ from institutions.

    • @korbstrading
      @korbstrading  3 ปีที่แล้ว

      Interesting to hear that perspective. Are you still using Rithmic? And have you tried IQ?

    • @Gindaman999
      @Gindaman999 3 ปีที่แล้ว +1

      @@korbstrading No, only Rithmic, but I’m sure you know how the customer service of some of these trading vendors can be. I use Rithmic because of price and they offer full depth for limit orders (I need them for my heatmap). I have a ethernet connection to 1Gbps internet and my computer has 16gb ram with a decent CPU, there’s no way it’s coming from my end. There might be a platform issue, but I have no way to fix it either. When there are traffic, the tick data just can’t keep up, I even opt for the aggregated data.

  • @pumppump5428
    @pumppump5428 3 ปีที่แล้ว +1

    Did I miss something here. In the beginning you say it's worth every penny to pay for real time data feeds. But later in the video you say that you don't do it anymore because it was expensive and you didn't notice any difference. I don't understand at all. What is the truth? Thank you

    • @korbstrading
      @korbstrading  3 ปีที่แล้ว +1

      Yes, you missed something :). Real time date is worth every penny and I subscribe to real time data. I changed the package I use to a cheaper service and I don’t notice a difference. 👍🏼

  • @jkoresh5483
    @jkoresh5483 ปีที่แล้ว

    Hey Korbs, you ask for comments and yet you ignore or delete them. So I’m not sure why you post the best and the worst out there. You never replied to my question about Level1 and f it’s enough for Orderflow or Footprint or one needs both level1 and level2. I hope it doesn’t go into the trash in this time. I’m using ninja trader and thinking of getting CQG data feed for Orderflow and chart analysis and trade NAS 100 and sp500 on mt4

  • @Someduud
    @Someduud ปีที่แล้ว

    You must have not really used Rithmic, otherwise, believe me you WILL notice a HUGE difference. Rithmic data is so laggy at the US open for NQ, the instrument becomes not tradeable and you will end up loosing money.

  • @TradeYourPlan
    @TradeYourPlan 3 ปีที่แล้ว

    Korbs, are you deleting comments? :"( I'm not selling shit. Was even sending folks your way, but, it appears your channel is focused on selling your product while attempting to preserve your image. Truly, was attempting to educate you on datafeeds. Oh well. I'm sure you'll delete this too. :P

    • @korbstrading
      @korbstrading  3 ปีที่แล้ว +1

      Hey there, no I do not and I don't recall comments from you. Sorry in case I've missed it, how can I help you?

  • @jimbroiles6905
    @jimbroiles6905 2 ปีที่แล้ว +1

    Folks, let me introduce you to the poster child of the 99% of people who lose their money trying to trade when the only qualification they have is the ability to click a mouse. Or perhaps it is even worse than that. This is the poster child of the youtuber who has never made a single trade and puts company brand names and other search terms in the titles to drive traffic to completely useless content. How do you quantify good data versus bad data? Where is your analysis that compares these data streams and discusses why one is better than another? What criterion should be used in selecting a data provider? You didn't even mention the word latency in the entire discussion. I can't believe someone hasn't ripped this guy yet. I guess today I am in the mood to do it.