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Stevegee is right. Right after you connect with the API, immediately call nextValidId and save the number it gives you. Then, whenever you need an id (requesting quotes or placing orders), just increment the number by 1 (or by anything you want). As long as the id you use is greater than...

Greg, I run 6 fully automated CoolTrade trading systems and don't do anything except occassionally check the results (trades, profits, and account balance). I believe that is how it is with everyone using cooltrade systems, unless they are making changes to the strategy. Once you have...

Agreed. But if you're strategy is to scalp nichols, you have to consider it.

I don't know what brokers have for hiding the limit and stop loss orders. I know my software has it built-in called "stealth mode". To convince yourself whether your 100 shares of MSFT limit order matters, do this simple test: TEST1 Buy 100 Shares of MSFT Place a Limit Order to sell .05...

This is my point EXACTLY. If 85% of the market (institutions and professional traders) is invisible then it stands to reason that showing your orders is BAD. I have floated limit orders and stop loss orders in public view in the past only to see the price either repell against my order or...

If you float your limit orders in public view, you will broadcasting your intentions to every professional trader and institutional computer. That will affect the market/price. Whereas, if you trade with a system like CoolTrade, it tracks your orders internally (on your PC only), essentially...

If you're interested in trading stocks, I suggest going with a trading system like CoolTrade, which does not require any programming. You can test your strategies without cutting a single line of code. Also, the CoolTrade system is free if you have a TD AMERITRADE account. Good Luck! Ed

I don't know Ben, but I have worked with the TWSAPI for a number of years, and can see why Ben would have that opinion. You run the risk of untouched code breaking everytime IB puts out a new TWS release (every month or 2). Also, in some instances you never get resolution to resolve the...

Frankly Greg, the size and magnitude, of an enterprise grade trading system, such as CoolTrade is beyond the capabilities of a single individual. For instance, the failover clusters and load balancers, redundant data feeds (eod and realtime), redundant servers (44 at last count), is beyond what...

I believe there is too much involved in a trading system to either do it yourself or to hire someone to do it for you. Companies have already spent hundreds of thousands and in some cases million$ to create systems and make them available for you to customize. Some, like CoolTrade, are...

The CoolTrade website shows actual user statistics for top traders. If you have a CoolTrade account, you can actually click on any of the strategies and use them for free. Go to http://www.cool-trade.com and click on the Strategies menu item and you can see the average monthly returns for...

I updated my CoolTrade software on a bunch of computers this week to the latest TWSAPI. I had to do all of this on each machine: 1. update the java to 1.6.0_6 2. update the tws to the latest 884.6 (or greater) 3. install this...

Is anyone familiar with any other companies who produce proprietary indicators the way ValueLine has Timeliness and Safety rankings? I am familiar with GorillaTrades alerts Jim Cramer's alerts, and also the IBD 100 list. But are there other popular ones? Thanks, Ed

CoolTrade's Robotic Trading system http://www.cool-trade.com It's also free if you have a TD AMERITRADE account. Also trades with Interactive Brokers and MB Trading

I have to agree with Cohvi. For years I have been floating limit orders and stop loss orders, and found myself either chasing prices higher or having stop losses just kick in long enough to get me out of a position instances before the stop would reverse. However, since CoolTrade introduced...

The CoolTrade software utilizes the broker's datafeed. E

Actually, the CoolTrade software requires your computer to be running. Your Automated Trader runs on your computer, and not on the CoolTrade servers. My Automated Traders go on in the morning (with the Windows Task Scheduler), trade all day on their own, and turn themselves off at night...

You could set that up in a couple minutes with COOLTRADE and it automatically calculates the profit/stop loss amounts and automatically executes the trades. No programming. All point and click. System is currently free if you have a td ameritrade account.

I've tested 6 ATS' running at the same time. The systems were running the exact same strategy, with the same amount of money, and running 100% on their own. Within a week, you could not tell they were running the same strategy. Each trader was seeing different opportunities and...

If you have a TD AMERITRADE account, you can get the CoolTrade Automated Trading system for free. You can scan all 7500+ stocks on the Amex, Nasd, and Nyse with the provided CoolTrade Strategy Wizard.