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This in no way translates to hiring one consultant... Because your Top 2-3 guys are doing all the complex work... And the rest are grinding out support code. If you hire one guy at $60K... 90% chance he wastes 3-6 months of your time... And leaves a mess when he disappears. Truly...

Exactly. The IB API is NOT an enterprise grade Automation Solution... IB has always clearly stated that it is not... Rather it's designed for small firms that: (1) Are on a limited budget. (2) Don't care much about latency. (3) Are not doing > 5,000 orders/day I've got about...

Unless it's a family member, close friend, etc... Any remotely sophisticated investor would say: (1) "Show me your office" (2) "Show me your web site" (3) "Show me 3-5 years of Audited Financial Statements". Start working on this.

Unless you "slippage" is positive... In other words... You are capturing most of the bid-ask spread... Most of the time... Your chances in the long run are NIL. That's the biggest mistake people here make... They assume they can pay... Commission + negative slippage + cheating costs...

Is midget pr0n illegal in your jurisdiction?

Greater complexity rarely leads to greater profits... So I have no sympathy for order spammers... The REAL intent is usually some form of market manipulation... Unless it's just plain system design incompetence. These idiots raise everyone's costs... And IB's 10:1 "suggested" ratio is...

If you can't figure out THIS... Then back to the phone bank.

The data is meaningless... Unless we know how many trades/month... And whether that was consistent. Unless you are doing 50 trades/day... The data is probably not statistically significant... Because any monkey can have 2 fluke months. Also, forget about about that 100% number... If...

It's not one or the other. If you are cloning 2 drives within a PC... And your primary drive has ANY problem... You simply power down... Open the machine and swap SATA cables... Clone now becomes primary. You can do images to a NAS also... Or do almost anything with USB drives.

It's not significant in the business world... And a trading business is the "business world". I have a Computer Science degree... And then switched to trading for 15 years... But I think like a trader/businessman. I see these Top 1% computer geniuses... Obsessed with "trading" and...

(1) OP has zero track record making money trading... No matter how artfully he spins it. (2) OP should keep working and save $50K or whatever... Because no one has ever bootstrapped $5K into a trading career... No matter how much BS you read on the internet. (3) Once he has $50K, OP...

You are my favorite poster here... But paying for access in terms of latency... Is a huge revenue stream for exchanges... So any free auto-peg thing... Would lose every single race every time... Against ANY Big Player paying $$$ for access. And in terms of "illiquid stocks"... You're...

I trade spread over 3 PCs... On a Windows XP network... So I'm running 2 TWS platforms with API... Quote data from Thomson Reuters... And about 50,000 lines of proprietary Algo Systems... And sending 2,000 order/day = 5/minute... Over 2 broadband (one cable, one DSL) thru Peplink 30...

It's ** much better designed ** than the Hotbrick... I simply do not have to worry about it... Every issue has been easily resolved... And when a WAN goes down... I don't even notice. In terms of security... I don't do much at the router level... But I'm sure you can download the...

The Xincom DPG502 and HotBrick... Are EXACTLY the same router made in the same factory... But marketed by 2 different companies. I used the HotBrick for 2 years (it was tricky, but OK)... But now I use the PepLink Balance 30.. It's BY FAR the best router I've ever owned...

As soon as I see the word "unattended"... I know we are in Fantasy Land. Also, anyone running true low latency systems... Would have 100-200K/year engineers on staff... And an infrastructure provider like Thomson Reuters... As opposed to asking questions on ET... (Though there are 2-3...

I'm a software engineer... And web anonymity is not trivial for non-experts. And I disagree with your conclusion... There are dozens of countries with corrupt legal systems... Russia or Pakistan are prime examples... And endless offshore hell holes. http://www.ripoffreport.com/...

This. Thread is basically about competing with Goldman on a $5K budget fantasy... Mixed with paranoia that someone will spend $50K to steal your "secrets"... Typical of young, inexperienced traders... like me circa 1995. When you are actually start doing some damage... And are actually...

Algo Wars You would be optimized to strip out your garbage... Your competitors would not (especially small players)... So you gain a few milliseconds. But this would be part of a much larger strategy... Think 2 levels beyond mere quote stuffing.

Competing with the Goldmans of the world... By contracting "programmers" in this place... Is a brilliant strategy. Your competitive advantage is a low budget. Carry on.