X0202 4 2004-11-02 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 & Co-CEO 0001288214 RLCF I 1997 LTD PARTNERSHIP 5100 WESTHEIMER SECOND FLOOR, UNIT 17-A HOUSTON TX 77056 0 0 1 0 Common Stock 2004-11-02 4 S 0 2308 6.65 D 8135660 I Partner Common Stock 2004-11-02 4 S 0 1000 6.64 D 8134660 I Partner Common Stock 2004-11-02 4 S 0 1268 6.59 D 8133392 I Partner Common Stock 2004-11-02 4 S 0 2000 6.58 D 8131392 I Partner Common Stock 2004-11-02 4 S 0 1000 6.57 D 8130392 I Partner Common Stock 2004-11-02 4 S 0 1000 6.56 D 8129392 I Partner Common Stock 2004-11-02 4 S 0 3658 6.55 D 8125734 I Partner Common Stock 2004-11-02 4 S 0 4766 6.54 D 8120968 I Partner Common Stock 2004-11-02 4 S 0 1000 6.5 D 8119968 I Partner Common Stock 2004-11-02 4 S 0 1000 6.49 D 8118968 I Partner Common Stock 2004-11-02 4 S 0 1000 6.48 D 8117968 I Partner Common Stock 2004-11-02 4 S 0 1000 6.47 D 8116968 I Partner Common Stock 2004-11-03 4 S 0 1000 6.71 D 8115968 I Partner Common Stock 2004-11-03 4 S 0 2000 6.7 D 8113968 I Partner Common Stock 2004-11-03 4 S 0 1000 6.69 D 8112968 I Partner Common Stock 2004-11-03 4 S 0 1000 6.67 D 8111968 I Partner Common Stock 2004-11-03 4 S 0 1000 6.65 D 8110968 I Partner Common Stock 2004-11-03 4 S 0 4000 6.64 D 8106968 I Partner Common Stock 2004-11-03 4 S 0 2000 6.63 D 8104968 I Partner Common Stock 2004-11-03 4 S 0 1000 6.62 D 8103968 I Partner Common Stock 2004-11-03 4 S 0 1000 6.62 D 8102968 I Partner Common Stock 2004-11-03 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 2004-11-04