Demo and live account in parallel - TradeStation | futures io social day trading
futures io futures trading


Demo and live account in parallel
Updated: Views / Replies:4,150 / 26
Created: by confusedxx Attachments:1

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 1  
 
Thread Tools Search this Thread
 

Demo and live account in parallel

  #21 (permalink)
Elite Member
Cleveland Ohio/United States
 
Futures Experience: Advanced
Platform: Tradestation
Broker/Data: various
Favorite Futures: futures
 
Posts: 2,386 since Jul 2012
Thanks: 1,138 given, 4,384 received


rahulgopi View Post
SIM account is strictly for learning purpose. Was trying to test few automated strategies realtime. I understand I can backtest the strategies but was hoping to see this in action using a simulated account.

If you just have the strategy running, you can see how it would perform in real time (keeping in mind strategy fills prices won;t always be accurate). The only thing you would not see are actual orders being sent, and fills - that can only be seen in a Sim acct or in real acct. With the strat running, but not in any acct., you'd just see the strategy fills in your performance report. The SIM fills would likely be wrong (compared to real money) anyway.

If by "test few automated strategies realtime" you mean check that orders are sent properly, and fills and cancels come back right, you MIGHT see that in SIM account. But if by "test" you mean you want to evaluate P/L performance, SIM is definitely not good for that.

Hope this helps!

If you have any questions please send me a Private Message or use the futures.io "Ask Me Anything" thread
Reply With Quote
The following user says Thank You to kevinkdog for this post:
 
  #22 (permalink)
Elite Member
milpitas, ca, usa
 
Futures Experience: Intermediate
Platform: Tradestation
Broker/Data: Tradestation, Ameritrade
Favorite Futures: ES, Gold, 10 Yr
 
rahulgopi's Avatar
 
Posts: 1,583 since Feb 2014
Thanks: 1,144 given, 3,525 received


kevinkdog View Post
If you just have the strategy running, you can see how it would perform in real time (keeping in mind strategy fills prices won;t always be accurate). The only thing you would not see are actual orders being sent, and fills - that can only be seen in a Sim acct or in real acct. With the strat running, but not in any acct., you'd just see the strategy fills in your performance report. The SIM fills would likely be wrong (compared to real money) anyway.

If by "test few automated strategies realtime" you mean check that orders are sent properly, and fills and cancels come back right, you MIGHT see that in SIM account. But if by "test" you mean you want to evaluate P/L performance, SIM is definitely not good for that.

Hope this helps!

Thank you Kevin.

Reply With Quote
 
  #23 (permalink)
Trading for Profit
new york
 
Futures Experience: Intermediate
Platform: X Trader, Sierra Charts, Multicharts
Broker/Data: AMP/TT, Vision/Rithmic, AMP/CQG
Favorite Futures: CL, NG, gold
 
Posts: 355 since Mar 2012
Thanks: 665 given, 569 received


hi

I run Tradestation in Sim mode testing multiple automated strategies on currency futures and forex.

Are you saying that the results from these tests are not worth much ?

What is the best way to test strategies in Tstation in realtime ?

I keep getting more and more discouraged with TS.

Of course I also do alot of testing in Multicharts , which I prefer.

shane

Reply With Quote
 
  #24 (permalink)
Elite Member
Cleveland Ohio/United States
 
Futures Experience: Advanced
Platform: Tradestation
Broker/Data: various
Favorite Futures: futures
 
Posts: 2,386 since Jul 2012
Thanks: 1,138 given, 4,384 received


shanemcdonald28 View Post
hi

I run Tradestation in Sim mode testing multiple automated strategies on currency futures and forex.

Are you saying that the results from these tests are not worth much ?

What is the best way to test strategies in Tstation in realtime ?

I keep getting more and more discouraged with TS.

Of course I also do alot of testing in Multicharts , which I prefer.

shane

Hi Shane -


If you are using SIM to "prove" the profitability of your strategy, I think you are likely to reach bad conclusions. For example, SIM always assumes that limit orders are filled immediately upon touching. Real world that is almost never true. This means scalping type strats are almost impossible to SIM test.

What is the best way to test realtime? It really starts with your strategy. You have to create a strategy that can be replicated in the real time. For example, let's say you use only "buy/sell next bar at market" type orders in your strategy. If you include proper amounts for slippage (say 2x the normal bid/ask spread per round turn), your backtest results and live results will match up pretty well. This was the only way I did it for years.

As you start to get confidence that backtest and live are equal with simple orders, you can then begin to use more complicated orders. Then you can run limited tests with real money, and usually you will see pretty soon if there is a match (and if there isn't, a limited real money test won;t cost you a tone of money).

Good Luck!

If you have any questions please send me a Private Message or use the futures.io "Ask Me Anything" thread
Reply With Quote
The following user says Thank You to kevinkdog for this post:
 
  #25 (permalink)
Trading for Profit
new york
 
Futures Experience: Intermediate
Platform: X Trader, Sierra Charts, Multicharts
Broker/Data: AMP/TT, Vision/Rithmic, AMP/CQG
Favorite Futures: CL, NG, gold
 
Posts: 355 since Mar 2012
Thanks: 665 given, 569 received

hi

Thank Kevin.

I do use market orders and try to stay with very liquid markets with tight spreads.

Thanks for the tips and help.
I see you are very helpful at the Tradestation forums also.

thanks

shane

Reply With Quote
 
  #26 (permalink)
Elite Member
Cleveland Ohio/United States
 
Futures Experience: Advanced
Platform: Tradestation
Broker/Data: various
Favorite Futures: futures
 
Posts: 2,386 since Jul 2012
Thanks: 1,138 given, 4,384 received


shanemcdonald28 View Post
hi

Thank Kevin.

I do use market orders and try to stay with very liquid markets with tight spreads.

Thanks for the tips and help.
I see you are very helpful at the Tradestation forums also.

thanks

shane

Good to hear. Your results in SIM will then be a lot closer to reality. But I'd still be wary of the results.

I used to be more helpful at TS. I got beaten down by the paper trading trolls, so I don't post there much anymore. One troll actually shouted me down in a thread, only to apologize later via private PM. He wasn't man enough to apologize publicly. So, I post a lot more here, where things are civil.

If you have any questions please send me a Private Message or use the futures.io "Ask Me Anything" thread
Reply With Quote
The following 3 users say Thank You to kevinkdog for this post:
 
  #27 (permalink)
Trading for Profit
new york
 
Futures Experience: Intermediate
Platform: X Trader, Sierra Charts, Multicharts
Broker/Data: AMP/TT, Vision/Rithmic, AMP/CQG
Favorite Futures: CL, NG, gold
 
Posts: 355 since Mar 2012
Thanks: 665 given, 569 received

" I got beaten down by the paper trading trolls "

That may be the funniest thing I ever heard !
My stomach hurts from laughing !




thanks

shane

Reply With Quote

Reply



futures io > > > > Demo and live account in parallel

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Can I use a Ninja demo account to trade with a live web-based account? budfox NinjaTrader 23 July 16th, 2013 08:49 AM
Backtest vs replay vs live Demo parsamkk The Elite Circle 8 May 15th, 2013 11:52 AM
Good demo account? ReaM Reviews of Brokers and Data Feeds 8 November 25th, 2011 03:12 PM
Multicharts Demo Account buylosellhi MultiCharts 9 October 13th, 2011 10:37 AM
Free demo account vatofl88 Beginners and Introductions 10 January 7th, 2011 02:06 PM


All times are GMT -4. The time now is 07:40 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-11 in 0.15 seconds with 20 queries on phoenix via your IP 54.226.132.197