Paper VS Real

NexusFi · 2016-08-29T08:31:04-04:00

If you are trading with paper money using the TOS platform, all limit orders are filled on touch. When you trade with real money, as opposed to paper money, most of your orders will need to move through a given price in order to fill your limit. This, likely, is what accounts for the big discrepancy between the paper results and actual results. Commissions are a little on the high side at TOS and there are better data feed options. There are positives as well - not limited to but definitely including access …

Discussion in ThinkOrSwim

Updated August 29, 2016

Paper VS Real

August 29th, 2016, 08:31 AM	#21 (permalink)
rchen404 washington dc Posts: 5 since Jan 2016 Thanks Given: 1 Thanks Received: 1	Thanks for all your responses. It is really annoying not to be able to post links until I get 5 posts. But if you search "Scalping Futures Live with Don Kaufman" on youtube, the first result is a video of real scalps (guy is the cofounder of TOS). He is trading YM, but looks like he gets at least one fill on limit order at the last traded price. Guess this doesn't happen everytime and depends on market conditions? But I understand that YM is not as liquid as ES. I should try a few real trades. Is everyone using TD ameritrade? What kind of commissions are you getting? Sim has about $7 round turn, which seems high.