X0202 4 2004-05-06 0 0001111559 TRADESTATION GROUP INC TRAD 0001052105 CRUZ RALPH L 8050 SW 10TH STREET SUITE 4000 PLANTATION FL 33324 1 1 1 0 Co-Chairman and Co-CEO 0001288214 RLCF I 1997 LTD PARTNERSHIP 5100 WESTHEIMER SECOND FLOOR, UNIT 17-A HOUSTON TX 77056 0 0 1 0 Common Stock 2004-05-06 4 S 0 2000 6.4 D 8688468 I Partner Common Stock 2004-05-06 4 S 0 2000 6.3 D 8686468 I Partner Common Stock 2004-05-06 4 S 0 4000 6.22 D 8682468 I Partner Common Stock 2004-05-07 4 S 0 2000 6.5 D 8680468 I Partner Common Stock 2004-05-07 4 S 0 1000 6.36 D 8679468 I Partner Common Stock 2004-05-07 4 S 0 3000 6.35 D 8676468 I Partner Common Stock 2004-05-07 4 S 0 1000 6.3 D 8675468 I Partner Common Stock 2004-05-10 4 S 0 2600 6 D 8672868 I Partner Common Stock 2004-05-10 4 S 0 1900 5.9 D 8670968 I Partner Common Stock 2004-05-10 4 S 0 1000 5.95 D 8669968 I Partner Common Stock 2004-05-10 4 S 0 1000 6.1 D 8668968 I Partner Common Stock 2004-05-10 4 S 0 1000 6.05 D 8667968 I Partner Common Stock 2004-05-10 4 S 0 500 6.01 D 8667468 I Partner Common Stock 2004-05-10 4 S 0 0 0 D 1950000 I Partner The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 12, 2004. Shares owned by RLCF-I 1997 Limited Partnership, the 1% general partner of which is a Texas corporation that is wholly owned by Ralph L. Cruz and the limited partners of which are Ralph L. Cruz (93.594% partnership interest) and his spouse (5.406% partnership interest). RLCF-I 1997 Limited Partnership is a 10% owner of the issuer. Shares owned by RLCF-II 1997 Limited Partnership, which is 100% beneficially owned by Ralph L. Cruz. This partnership engaged in no purchase or sale transactions regarding the shares. /s/ Ralph L. Cruz, individually and as President of RLCF-I GP, Inc., the general partner of RLCF-I 1997 Limited Partnership 2004-05-10