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Datafeed latency for discretionary trader
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Datafeed latency for discretionary trader

  #11 (permalink)
Munich, Germany
 
Trading Experience: Beginner
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Favorite Futures: NQ / CL / GC
 
Posts: 106 since Mar 2011
Thanks: 391 given, 94 received

...I try to explain again. If you still not believe - so be it...


artemiso View Post
Yeah besides that, it's not obvious if it's IQFeed or TT/Rithmic that's "wrong" in this case since neither is a universal reference for "correct data". Both of them could be wrong.

The "cheapest" way you can tell is to use CME Direct, which is actually a pretty amazing options trading platform with awesome data for its low price that I'd recommend for anything 1 trade per hour and slower, but even CME Direct has network delay.

If @asyx really wants to know which one is wrong, he/she will need some pretty sophisticated infrastructure or a clever placement algorithm paired with Firmsoft.

@sam028 , @artemiso

Please read all my above written sentences closely again because...

I was absolutely not talking about one data feed being "wrong" and another being "right".

Last few years I compared data feeds, DOM`s and combinations ...of course also next to next.
I accumulated 1000īs of hours starring at DOMīs...

I do not know on what you base your opinion but it seems more to be of pure technical (half knowledge) nature.

It is not about theoretical physics where an electron needs a specific time to travel a specific way and the human eye processing data faster or slower compared to that in a theoretical worldor something like you indicate...

See:

In the real world when data travels from Europe to the USA and back there could somewhere be a bottleneck.

When TT is using a dedicated infrastructure but Tradovate using an Amazon server there could be a bottleneck.

If IQfeed is transmitting every tick for bid and ask and trade and all the changes per level of depth there could be a bottleneck...

When your software does a lot of calculation or your actual software setting, be it by the software of its own or the volume of data it receives, there ...yeah you know...

And then, of course, there could be several bottlenecks at the same time.

So again. I do not say that the one data feed is always several seconds behind another feed or wrong.
In slow markets or market periods, there is no issue.
If your edge is anyway that huge -no issue.
If your trading style is not performance orientated - no issue.
If you are not a nickel nurser like me - no issue.
Perhaps there are more reasons but I am more in the mood for coffee now...

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  #12 (permalink)
Bari, Italy
 
Trading Experience: Beginner
Platform: NinjaTrader
Favorite Futures: Emini ES
 
Posts: 57 since May 2018
Thanks: 88 given, 14 received


asyx View Post
@sam028 , @artemiso

Please read all my above written sentences closely again because...

I was absolutely not talking about one data feed being "wrong" and another being "right".

Last few years I compared data feeds, DOM`s and combinations ...of course also next to next.
I accumulated 1000īs of hours starring at DOMīs...

I do not know on what you base your opinion but it seems more to be of pure technical (half knowledge) nature.

It is not about theoretical physics where an electron needs a specific time to travel a specific way and the human eye processing data faster or slower compared to that in a theoretical worldor something like you indicate...

See:

In the real world when data travels from Europe to the USA and back there could somewhere be a bottleneck.

When TT is using a dedicated infrastructure but Tradovate using an Amazon server there could be a bottleneck.

If IQfeed is transmitting every tick for bid and ask and trade and all the changes per level of depth there could be a bottleneck...

When your software does a lot of calculation or your actual software setting, be it by the software of its own or the volume of data it receives, there ...yeah you know...

And then, of course, there could be several bottlenecks at the same time.

So again. I do not say that the one data feed is always several seconds behind another feed or wrong.
In slow markets or market periods, there is no issue.
If your edge is anyway that huge -no issue.
If your trading style is not performance orientated - no issue.
If you are not a nickel nurser like me - no issue.
Perhaps there are more reasons but I am more in the mood for coffee now...

Thank you very much for your clear answer
Anyway I'm not a nickel nurser like you (and I never will) so: NO ISSUE

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  #13 (permalink)
Munich, Germany
 
Trading Experience: Beginner
Platform: not important
Favorite Futures: NQ / CL / GC
 
Posts: 106 since Mar 2011
Thanks: 391 given, 94 received

whatīs more important



Gianni78bari View Post
Thank you very much for your clear answer
Anyway I'm not a nickel nurser like you (and I never will) so: NO ISSUE

aaaaaahh, letīs wait a little bit more time.
When you realize after 1-2 years that your strategy is only netting on average 3-6 ticks perhaps you start to think different.
Everything else would be unbearable for me as it meant I am wrong.

Whatīs more important, is to learn the right instrument in regard to your target style of trading.
You mentioned orderflow. So I assumed that this is part of your strategy or you even rely heavily on that.
In the ZN intention is easier to read than in NQ.


Last edited by asyx; September 26th, 2019 at 09:10 AM.
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  #14 (permalink)
Bari, Italy
 
Trading Experience: Beginner
Platform: NinjaTrader
Favorite Futures: Emini ES
 
Posts: 57 since May 2018
Thanks: 88 given, 14 received


asyx View Post
aaaaaahh, letīs wait a little bit more time.
When you realize after 1-2 years that your strategy is only netting on average 3-6 ticks perhaps you start to think different.
Everything else would be unbearable for me as it meant I am wrong.

Whatīs more important, is to learn the right instrument in regard to your target style of trading.
You mentioned orderflow. So I assumed that this is part of your strategy or you even rely heavily on that.
In the ZN intention is easier to read than in NQ.

I'm still exploring what could better suit me. Thanks for your good advice

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  #15 (permalink)
SF Bay Area + CA/US
 
Trading Experience: None
Platform: TS, TOS, Ninja(Analytics)
Favorite Futures: NQ CL, ES when volatile mrkts
 
paps's Avatar
 
Posts: 1,684 since Oct 2011
Thanks: 2,155 given, 1,678 received

Answer
This post has been selected as an answer to the original posters question Answer

once u r real adept at order flow....am talking 10/20 pts and much more.....and not playing 1-2 ticks like most do...ms timestamp has 0 value

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  #16 (permalink)
Limassol, Cyprus
 
 
Posts: 16 since Sep 2019
Thanks: 4 given, 9 received

How quick you are in/out would be a factor. If less than 1-2 seconds this obviously matters.

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