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IB's new data-feed policy sucks


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IB's new data-feed policy sucks

  #21 (permalink)
 
sptrader's Avatar
 sptrader 
Colorado
 
Experience: Advanced
Platform: MultiCharts
Broker: IB & Iqfeed
Trading: ES , CL
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Neil : Your instructions were great, very detailed and exactly correct.. At first, it didn't work from my laptop downstairs, it wasn't connecting to the TWS on my desktop (chart trader grayed out). THEN I went upstairs to see what was going on, only to find that the desktop had a message on the screen- "Do you want to accept connection from laptop ? " Once I agreed, it worked. Thanks so much ! - now I can continue my bot research...

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  #22 (permalink)
 TraderSU 
New York
 
Experience: Intermediate
Platform: NinjaTrader, Custom Platform
Broker: IB
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SLYCK View Post
Hi,

that's not possible. at IB you pay a MINIMUM of $1 per trade.

So forget your 60 cents, you will pay $1.

I remember doing 200 shares for as low as 23 cents; but i was on base slab; they will pay you for trade if you go on the highest slab.

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  #23 (permalink)
 SLYCK 
Charlotte, NC
 
Experience: Beginner
Platform: Ninjatrader
Trading: Futures
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ddouglas View Post
This is only true for the FIXED commission plan. Under Cost-Plus, you could actually receive a credit (versus paying commission) if you are swinging volume & adding liquidity . . (details & examples are given on IB website).

I don't see the minimum $1 at cost-plus. So you're right. When does it makes sense to move my fixed to cost-plus @IB ?

Thanks

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  #24 (permalink)
 NW27 
Newcastle, Australia
 
Experience: Intermediate
Platform: Multicharts 8 - Full Version
Broker: IB
Trading: SPI,FTSE100, 6E, 6A
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sptrader View Post
Neil : Your instructions were great, very detailed and exactly correct.. At first, it didn't work from my laptop downstairs, it wasn't connecting to the TWS on my desktop (chart trader grayed out). THEN I went upstairs to see what was going on, only to find that the desktop had a message on the screen- "Do you want to accept connection from laptop ? " Once I agreed, it worked. Thanks so much ! - now I can continue my bot research...

Ahhh, next step.
TWS was receiving a request from an unknown IP address, so it wanted you to confirm that it was OK.
To overcome this prompting, TWS can have a list of authorized IP address's.
Go to TWS Configure/API/Settings. Here there is a list of "Trusted IP Addresses"
This box is probably empty.

Find out the IP address of your laptop, ie open a DOS prompt (CMD) and type IPCONFIG or have a look at your network connection in Control Panel/Network...etc.
Say your notebook IP Address is 192.168.1.5, in TWS click the create button and add 192.168.1.5.
Now in the box it will have this address as a trusted IP address and will no longer prompt you.
However, your modem may decide to give your laptop a new IP address next week/month or whatever.
So in this box, just put in all of the IP address in this area, say 192.168.1.2, 192.168.1.3, 192.168.1.4 etc up to 192.168.1.10 or even 20.
That should cover it

Neil.

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  #25 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
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In any case you are allowed to access at the same time on different hardware

1) account with TWS (standalone)
2) another account with Webtrader

try it!

GFI1s

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  #26 (permalink)
 NW27 
Newcastle, Australia
 
Experience: Intermediate
Platform: Multicharts 8 - Full Version
Broker: IB
Trading: SPI,FTSE100, 6E, 6A
Posts: 285 since Oct 2010
Thanks Given: 108
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I have and option 1 does not work. It will close the first session.
I don't know about the web interface but this doesn't give you a feed into MC.

Sent from my GT-I9100T using Tapatalk 2

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  #27 (permalink)
johndee
Frankfurt
 
Posts: 9 since Jan 2015
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Do you guys also have delayed data with IB paper trading account? I don't run anything else, just wanted to look at this function as it popped up in the login dialog.

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  #28 (permalink)
 choke35 
Germany
 
Experience: Intermediate
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Trading: ES, YM, 6E
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johndee View Post
Do you guys also have delayed data with IB paper trading account? I don't run anything else, just wanted to look at this function as it popped up in the login dialog.

If you have a funded account you can use its realtime data subscriptions.
Caveat: Only one connection allowed for these data at a time - so you either use it for real or paper trading.

P.S.: So normally the less complicated way is to use the Sim option of your NT, Sierra, MC etc. platform instead of TWS paper trading.

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  #29 (permalink)
johndee
Frankfurt
 
Posts: 9 since Jan 2015
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I didn't have real data at all, but the issue is one checkbox that says "sync your papertrading account with realtime account" in Manage\Accounts\Papertrading menu.

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  #30 (permalink)
 choke35 
Germany
 
Experience: Intermediate
Platform: Other
Trading: ES, YM, 6E
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johndee View Post
I didn't have real data at all, but the issue is one checkbox that says "sync your papertrading account with realtime account" in Manage\Accounts\Papertrading menu.

Exactly. That option syncs your subscriptions for both TWS accounts (real + paper).
Without sync or subscription there are only delayed data (except for the normal free data).

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Last Updated on December 7, 2015


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