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BROKER FEED VS EXTERN FEED


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BROKER FEED VS EXTERN FEED

  #1 (permalink)
POWERADE
Hannover
 
Posts: 5 since Feb 2014
Thanks Given: 9
Thanks Received: 1

HI PRO TRADERS

I KNOW Extern Feed is BETTER, its SIMPLE to UNDERSTAND THIS BUT...
(I KNOW broker with their own feed CAN MAKE WHAT THEY WANT, EVEN WHO THEY SAY is THE SAME feed for lower Money.)

IT is POSSIBLE use BROKER FEED example: CQG FEED OVER FROM BROKER and make Money
for one time to buy later a EXTERN FEED?
it is POSSIBLE ??? and WHAT CAN HAPPEN ???
WHAT CAN HAPPEN ??
WHAT CAN HAPPEN ^^?

i REALLY will KNOW, not Believe, ANYBODY that has EXPERIENCE i hope you HELP.

I personally will test the ÊXAMPLE: CQG FEED OVER FROM BROKER, but what YOU THINK ???

thx

Best Regards

POWERADE

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  #3 (permalink)
 
mattz's Avatar
 mattz   is a Vendor
 
Posts: 2,493 since Sep 2010
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POWERADE View Post
HI PRO TRADERS

I KNOW Extern Feed is BETTER, its SIMPLE to UNDERSTAND THIS BUT...
(I KNOW broker with their own feed CAN MAKE WHAT THEY WANT, EVEN WHO THEY SAY is THE SAME feed for lower Money.)

IT is POSSIBLE use BROKER FEED example CQG FEED OVER BROKER and make Money
for one time to buy later a EXTERN FEED?
it is POSSIBLE and WHAT CAN HAPPEN, WHAT CAN HAPPEN, WHAT CAN HAPPEN ^^?

i REALLY will KNOW, not Believe, ANYBODY that has EXPERIENCE i hope you HELP.

I personally will test the ÊXAMPLE: CQG FEED OVER FROM BROKER, but what YOU THINK ???

thx

Best Regards

POWERADE

Is your question whether an external feed like DTN is better than CQG for research? Or you specifically talk about execution whether CQG used data is better than broker provided feeds like OEC and TradeStation that have their own.
Brokers do use CQG data as well, as an FYI.
Matt
Optimus Futures

There is a risk of loss in futures trading. Past performance is not indicative of future results.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
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  #4 (permalink)
 artemiso 
New York, NY
 
Experience: Beginner
Platform: Vanguard 401k
Broker: Yahoo Finance
Trading: Mutual funds
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Yes! IT IS POSSIBLE TO MAKE a loss of MONEY FROM trading. You should not get just ANY BROKER FEED, do your due diligence. Try not to START WITH whatever they give you unless you understand the limitations. THE MOST EXPENSIVE OPTION is often also the most time-consuming to extract value from. DO NOT forget to search around on this topic online, CONSIDER YOUR OPTIONS.

YOU WILL MAKE a lot of mistakes, which can cost you PLENTY OF MONEY IF YOU just TAKE whatever ADVICE is GIVEN TO YOU ON A FORUM. Make sure YOU DON'T forget that you NEED TO FACT CHECK YOUR FINDINGS with your broker.

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  #5 (permalink)
 
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 paps 
SF Bay Area + CA/US
 
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just my 2cs which is just my own...& may not apply to you.

its not really a feed that counts.....its probably how the feed is constructed and does it give you the relevant data one needs. much more important is that does one have the tech and market know how to deconstruct or find what one needs from any feed which would probably be the deciding factor between feeds. feed prices can range whole lot more than a mere couple $ but its what someone does with it and how they use it is what i understand. but thats just poor ol me.

every reconstructed feed may not be bad.....if the dev's know what they doing.. and one knows what they need of it.

almost every platform you can throw away a direct broker feed & feed an external if one wishes

cheers n only goodluck

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  #6 (permalink)
POWERADE
Hannover
 
Posts: 5 since Feb 2014
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mattz View Post
Your post is written in Dr. Seus style, almost Rimes, colorful and makes no sense.
Is your question whether an external feed like DTN is better than CQG for research? Or you specifically talk about execution whether CQG used data is better than broker provided feeds like OEC and TradeStation that have their own.
Brokers do use CQG data as well, as an FYI.
Matt
Optimus Futures

There is a risk of loss in futures trading. Past performance is not indicative of future results.

I hope my POST is SIMPLE to UNDERSTAND

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  #7 (permalink)
 
matthew28's Avatar
 matthew28 
United Kingdom
Elite_Member
 
Experience: Beginner
Platform: Bookmap
Broker: Stage 5, Rithmic
Trading: US Equity Index Futures
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POWERADE View Post
I KNOW broker with their own feed CAN MAKE WHAT THEY WANT

It is in the unregulated forex industry that individual brokers can set there own quotes as there is no central exchange. With futures going through an exchange all the brokers should have the same quote at any moment in time.
A lot of people use broker feeds, especially at the beginning to save costs. I would only get an external feed at the beginning if I wanted to do a lot of backtesting of data and needed more historic quotes than the broker provided or for instruments and exchanges that the broker didn't supply.
Assuming you're serious.

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