[Beginner] Is there free data feed?

[Handle123]

Can you imagine going to Walmart and them charging monthly fee to find out current price of something, and you are trading with them, money for a commodity.

 

[jk90029]

Can you imagine going to Walmart and them charging monthly fee to find out current price of something, and you are trading with them, money for a commodity.

There is some company called Costco, which charge monthly fee to enter their premise to purchase.

If Costco charges $1500 a years to find out current price, will you go there?
Will you buy stocks of Costco for their dividend?

 

[jharmon]

Probably you are very young who had no experience for crisis at all.

Oh ha ha ha. I've been trading since 1999. I've also spent large sums of money on software and data which are invaluable for my trading. All you want to do is write software to scrape data so you can avoid a $50-100/month data feed.

Happy to hear there are plenty of suckers in stock market.
If there is no sucker around me, then I am a sucker.

The only thing you suck at is actually trading with real money and real tools. You constantly ask everybody else how to do things, complain about the costs when people tell you what they are yet you don't contribute anything meaningful in your 700+ posts. Does "jk" mean "just kidding"?

 

[jk90029]

Oh ha ha ha. I've been trading since 1999. I've also spent large sums of money on software and data which are invaluable for my trading. All you want to do is write software to scrape data so you can avoid a $50-100/month data feed.

Good to discuss automation with 15+ experienced trader.

Also I paid some labour charge to my helper for scrapping with selenium and C# and for sending order matrix too IB server, like you did before. However the IB API helper asked too much amount, a lot higher than my helper. That is why I stopped IB API.

Data fee of $1500 per year might be too much for me. Multiplying 50 years (30 to 80) costs
1500*50 = 75000 = 75K.

I should NOT complain someone' paying $75K.
If you are happy to pay (as small as) 75K for me, then I should say "thank you".

 

[jk90029]

You constantly ask everybody else how to do things, complain about the costs when people tell you what they are yet

you don't contribute anything meaningful in your 700+ posts. Does "jk" mean "just kidding"?

I am a beginner, but the following (simple data reception in R) was meaningful.

install.packages("quantmod")
library(quantmod)

getSymbols("MSFT", from ="1990-01-01", to="2014-08-28")
head(MSFT)
tail(MSFT)

Please never say "you don't contribute anything meaningful" since most never know web-crawling.

However if you translate "jk" to "just kidding", then I have NO objection.

If I spend 15 more years like you, then I should be a experience trader like you.

 

[Handle123]

There is some company called Costco, which charge monthly fee to enter their premise to purchase.

If Costco charges $1500 a years to find out current price, will you go there?
Will you buy stocks of Costco for their dividend?

I don't belong to Costco or Sam's, I don't need five gallons of pickles or half barrel of Fruity Pebbles, for me, I don't see value belonging, about the only thing I would use is gasoline. Of course when I get in my 70s, I understand it is great place to go at lunchtime for all the free samples and check out new retirees. If I was in my 20s-30s-40s, might be a good deal, but I have accumulated all the crap one has through age, just how many drills do I need at half price.

If the dividend was good and I had a signal to buy the stock, sure would.

 

[Younes]

you can get free" real-time data would be if you have a brokerage account with a broker that provides the data at no cost to the client. TD Ameritrade and E*Trade do for example. TDA has an API available. You can use the broker's own tools to display the data, or you can get Medved Trader for it:
http://www.medvedtrader.com

right now we don't have an API, but will in the future, which will allow you to access any data that MT has access to, via MT's API, thus avoiding the need to write to different APIs or situations where an API is not available

Hey j_medved, I have an IB account, is it possible to get data from it , I want to create my own screener using python, I only need 1 minute data.

Thank you in advance

 

[j_medved]

@Younes, I know there is a python API for IB, so you should be able to get data from them. IB API has screener capabilities I believe, so that may simplify some things for you, though the API itself is a bit compex.