NexusFi: Find Your Edge


Home Menu

 





Do I need two data feeds?


Discussion in Brokers

Updated
      Top Posters
    1. looks_one Quick Summary with 1 posts (0 thanks)
    2. looks_two Fadi with 1 posts (0 thanks)
    3. looks_3 Fat Tails with 1 posts (0 thanks)
    4. looks_4 pricestudent with 1 posts (0 thanks)
    1. trending_up 1,938 views
    2. thumb_up 0 thanks given
    3. group 2 followers
    1. forum 3 posts
    2. attach_file 0 attachments




 
Search this Thread

Do I need two data feeds?

  #1 (permalink)
 pricestudent 
Spokane Valley, WA, USA
 
Experience: Beginner
Platform: IB, Ninja Trader
Broker: IB/Kinetick
Trading: ES
Posts: 30 since Aug 2012
Thanks Given: 2
Thanks Received: 5

When I signed up with IB, I subscribed to their data feed for $10 while I was sim trading. I'm still sim trading but was not happy with the data provided by IB so I recently signed up to Kinetick. My question is should I keep the $10 data from IB? Secondly, I don't have to subscribe to the data feed to place orders correct? Just wanting to make sure before I pull the plug over there.

Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
NexusFi Journal Challenge - May 2024
Feedback and Announcements
MC PL editor upgrade
MultiCharts
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Better Renko Gaps
The Elite Circle
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Spoo-nalysis ES e-mini futures S&P 500
48 thanks
Just another trading journal: PA, Wyckoff & Trends
34 thanks
Tao te Trade: way of the WLD
24 thanks
Bigger Wins or Fewer Losses?
24 thanks
GFIs1 1 DAX trade per day journal
22 thanks
  #3 (permalink)
 
Fadi's Avatar
 Fadi 
Luxembourg
 
Experience: Advanced
Platform: NinjaTrader
Broker: IB / Kinetick
Trading: ES, CL
Posts: 485 since Apr 2012
Thanks Given: 667
Thanks Received: 648


You don't need IB's data feed to place orders :-)

Successful people will do what unsuccessful people won't or can't do!
Follow me on Twitter Reply With Quote
  #4 (permalink)
 
Fat Tails's Avatar
 Fat Tails 
Berlin, Europe
Market Wizard
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
Posts: 9,888 since Mar 2010
Thanks Given: 4,242
Thanks Received: 27,102


pricestudent View Post
When I signed up with IB, I subscribed to their data feed for $10 while I was sim trading. I'm still sim trading but was not happy with the data provided by IB so I recently signed up to Kinetick. My question is should I keep the $10 data from IB? Secondly, I don't have to subscribe to the data feed to place orders correct? Just wanting to make sure before I pull the plug over there.

You only pay $ 10 as long as you are SIM trading. For SIM trading it is obvious that you do not need a second data feed.

If you generate at least $ 30 in commissions per month, the IB data feed will be free of charge, so why not keep it as a backup.

Reply With Quote




Last Updated on August 19, 2012


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts