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Do I need two data feeds?
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Do I need two data feeds?

  #1 (permalink)
Elite Member
Spokane Valley, WA, USA
 
Futures Experience: Beginner
Platform: IB, Ninja Trader
Broker/Data: IB/Kinetick
Favorite Futures: ES
 
Posts: 30 since Aug 2012
Thanks: 2 given, 5 received

Do I need two data feeds?

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.

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  #2 (permalink)
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  #3 (permalink)
Elite Member
Luxembourg
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: IB / Kinetick
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You don't need IB's data feed to place orders :-)

Successful people will do what unsuccessful people won't or can't do!
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  #4 (permalink)
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Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
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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.

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