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Papertrading even useable?


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Papertrading even useable?

  #11 (permalink)
 
learning0101's Avatar
 learning0101 
Houston, Texas
 
Experience: Intermediate
Platform: NinjaTrader,TOS,Etrade,St
Broker: NT:( tos,etrade,CS
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ClearTrades View Post
Last night I downloaded TOS and got all my indicators setup and this morning I went in to start testing it out during market action.
Lo and behold the chart and the DOM/order screen are completely different!

Looks like the chart is realtime, but order execution is about 20 minutes delayed.

How is this even useable for strategy testing?
Is there anyway to fix this? Papertrading on TOS seems completely worthless. I want to practice chart trading.

Any recommendations for a good platform for simulation that crosses over well to real trading?

Hi @ClearTrades not sure if will help but does it say top left corner you are connected to "Realtime data" or "delayed"


if not then as Massive mentioned,
there support upper right hand corner-




Is well topnotch compared to some

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  #12 (permalink)
Courage
LA CA
 
Posts: 29 since Feb 2019
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ToS paper trading does have some MAJOR bugs regarding their data/charts


Even live trading did.


But its a free platform with free data so can't complain really.

But as the user said above, make sure you have real time data

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  #13 (permalink)
 MoparCar 
Boulder, Colorado. USA
 
Experience: Beginner
Platform: Tradovate, TOS
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You need to get live data from them and not 20 Minute delayed. The easy way is do a minimum deposit like $50.00 to open a live account and then email tech support through TOS and they will give you live data in just a few minutes. The other way is to beg and plead with support and I've known a few to get live data feeds that way.

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  #14 (permalink)
 
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 Brandenton 
Virginia Beach, VA
 
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cory View Post
NinjaTrader for sure

Agree. NinjaTrader is the way to go. Never had any issues with data or the platform while in sim or real account.

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  #15 (permalink)
MrDevDevy
Pheonix Arizona
 
Posts: 14 since Feb 2019
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Haven't used TOS in awhile, but what I remember from it was the charts and data were in fact delayed by 20 minutes. A phone call can resolve that to real time. The problem with TOS paper trading are the order fills. It's unusable and ridiculously unrealistic. I remember limit orders only being taken if you placed it like 20-30 cents above the last price.

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  #16 (permalink)
ClearTrades
Yakima WA
 
Posts: 28 since Mar 2019
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Thanks for the replies. I just started using using Tradovate's demo for paper trading and it has been working perfectly. Ninjatrader doesn't work on my computer.. Freezes up/lags. Tradovate is all online so it takes almost no resources on my end. All I have right now is a laptop.

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Last Updated on March 12, 2019


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