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Do You Record Market Data or Download It? What's Best?


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Do You Record Market Data or Download It? What's Best?

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Trader2016's Avatar
 Trader2016 
New York, New York
 
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I'm looking into this for the trader students which want to trade the market in a live "ish" scenario after the markets have closed.

Which a way is it best played: record or download? These Traders are Top Steppers, so whatever the firm is providing free through NT8 is all they can access basically.

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 rleplae 
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Trader2016 View Post
I'm looking into this for the trader students which want to trade the market in a live "ish" scenario after the markets have closed.

Which a way is it best played: record or download? These Traders are Top Steppers, so whatever the firm is providing free through NT8 is all they can access basically.

The difference between record and download is that when you record, you can see updates to the book, even if there is no trade at the origin (somebody adding or removing an order). If you download data, you will only get trades and the book at the moment of that trade and you will not see an update to the book that didn't have a trade attached to that.

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