Comparing accuracy of sim trading on different platforms vs live trading
How to evaluate the accuracy of your sim trading results on different platforms?
I have been trading a placing orders in Tradestation and Ninja (Using zenfire).
They act very differently. Orders in Tradestation have partial fills and seem to get filled quicker. I rarely see partial fills in Ninja, and filling or orders seem to take much longer. (partial fills are being elected in sim). Which platform does a better job of creating reality? I understand the psychological part that always confounds results. In some of the threads people have talked about being successful in sim and then trying same strategy with a live account. How much is the program simulation a factor?
Last edited by Titian; March 26th, 2012 at 04:04 PM.
Reason: no response
The following user says Thank You to Titian for this post:
This post has been selected as an answer to the original posters question
Be careful with TS simulator. Totally unrealistic. I'm tired of meeting traders that do well on TS Sim just to go live and lose money. A problem that I believe TS is aware of, but has been no desire to solve. This problem is known for years!
The problem? "one big weakness with either back testing in tradestation or using the tradestation simulator is that with limit orders - if the price is hit you get a fill which is far from the reality in real-time, real-money trading."
Google the sentence in quotes to find a discussion about this in another forum, I didn't want to link here to another forum...
NT will be more realistic, mainly if you are SIM ES.
The following 3 users say Thank You to dstrader for this post: