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After doing Python development with Interactive Broker's IBAPI, I have come to the conclusion that I cannot use it for the following reasons:
1. Too many "data connection lost" and "data connection established" alerts.
2. Forced daily log off at midnight Eastern.
I am considering TradeStation's API, but there isn't much information about it. Further, I can't test it without opening an account with a minimum capital of $10,000. The requirement isn't a big deal. I just don't want to waste more time than I already have wasted.
If both APIs are crappy, I might as well stay with the crappy that I am familiar with.
If anyone has information about TradeStation's API, can you please tell me?
This may be a naive question because I don't know much about API. TradeStation has many tools and features ready for for us to trade in its brokerage setup. Why would we still need an API? Is it to connect to trade at a different brokerage firm?
An API introduces flexibility. With an API, you can use native languages such as Python, C++, and Java to make your trading applications more robust than using TradeStation's EasyLanguage.
