X0202 4 2004-05-03 0 0001111559 TRADESTATION GROUP INC TRAD 0001052104 CRUZ WILLIAM R 8050 SW 10TH STREET SUITE 4000 PLANTATION FL 33324 1 1 1 0 Co-Chairman and Co-CEO 0001288223 WRCF I 1997 LTD PARTNERSHIP 5100 WESTHEIMER SECOND FLOOR, UNIT 17-A HOUSTON TX 77056 0 0 1 0 Common Stock 2004-05-03 4 S 0 6536 6.5 D 8846202 I Partner Common Stock 2004-05-03 4 S 0 564 6.49 D 8845638 I Partner Common Stock 2004-05-03 4 S 0 600 6.45 D 8845038 I Partner Common Stock 2004-05-03 4 S 0 200 6.44 D 8844838 I Partner Common Stock 2004-05-03 4 S 0 1100 6.4 D 8843738 I Partner Common Stock 2004-05-04 4 S 0 3000 6.7 D 8840738 I Partner Common Stock 2004-05-04 4 S 0 3000 6.5 D 8837738 I Partner Common Stock 2004-05-05 4 S 0 113 6.5 D 8837625 I Partner Common Stock 2004-05-05 4 S 0 7887 6.45 D 8829738 I Partner Common Stock 2004-05-05 4 S 0 2000 6.44 D 8827738 I Partner Common Stock 2004-05-05 4 S 0 0 0 D 1950000 I Partner Common Stock 2004-05-05 4 S 0 0 0 D 100 I Partner The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by WRCF-I 1997 Limited Partnership on February 12, 2004. Shares owned by WRCF-I 1997 Limited Partnership, the 1% general partner of which is a Texas corporation that is wholly owned by William R. Cruz and the 99% limited partner of which is William R. Cruz. WRCF-I 1997 Limited Partnership is a 10% owner of the issuer. Shares owned by WRCF-II 1997 Limited Partnership, which is 100% beneficially owned by William R. Cruz. This partnership engaged in no purchase or sale transactions regarding the shares. Shares owned by Patricia Cruz, the wife of the William R. Cruz. William R. Cruz disclaims beneficial ownership of these shares. /s/William R. Cruz, individually and as President of WRCF-I GP, Inc., the general partner of WRCF-I 1997 Limited Partnership 2004-05-05