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IB live versus IB demo
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IB live versus IB demo

  #1 (permalink)
Newcastle, Australia
 
Trading Experience: Intermediate
Platform: Multicharts 8 - Full Version
Broker/Data: IB
Favorite Futures: SPI,FTSE100, 6E, 6A
 
Posts: 285 since Oct 2010
Thanks: 108 given, 182 received

IB live versus IB demo

Im creating an automated strategy using multicharts. I know back testing doesn't tell the full story but what about foward testing on a IB sim account compared to a IB live account.
How much error could I expect with the sim account?
This is using futures markets ie 6E 6A CL and SPI APM2.
Only single contract.

Thanks,
Neil.

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  #2 (permalink)
Site Administrator
Manta, Ecuador
 
Trading Experience: Advanced
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If you use the IB paper account feature, your platform will think it is "real". And I've always thought the IB paper account is pretty accurate, as close as could be expected by anything other than cash.

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  #3 (permalink)
Newcastle, Australia
 
Trading Experience: Intermediate
Platform: Multicharts 8 - Full Version
Broker/Data: IB
Favorite Futures: SPI,FTSE100, 6E, 6A
 
Posts: 285 since Oct 2010
Thanks: 108 given, 182 received


Thanks Mike,

Neil.

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  #4 (permalink)
Houston, Texas
 
 
Posts: 165 since Sep 2012
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I use IB sim to try out different markets and strategies all the time and as far as I can tell, it is quite accurate.

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  #5 (permalink)
Russia
 
Trading Experience: Master
Platform: my own
Favorite Futures: stocks
 
Posts: 2 since Jan 2013
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NW27 View Post
How much error could I expect with the sim account?
This is using futures markets ie 6E 6A CL and SPI APM2.
Only single contract.


I trade stocks only; and I have a couple of automated strategies running in parallel on both real and paper account.
Normally paper account matches real account, however there are some significant discrepancies, especially on market-on-opening orders.

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