IB simulation

[def]

Quote from EdgeHunter:

You mean that even in your simulation that if i have less than25K in my account that i will be subject to PDT in your IB Paper Sim...

if that's true that's absurd...

cj...

no, the data is live and in many cases requires exchange fees. so if you want to paper trade a market, you need to set up the permissions in your account.

 

[Hoi]

Quote from coldrunner:

Will IB Papertrader provide trade simulation functionality for your
FOREX IDEAL PRO?

You have a real advantage in FOREX because you are not like the
bucket shops that trade against their own customers.

But I still need some simulated trading on your software platform
before I will be comfortable.

You can connect ButtonTrader to your IB-simu-account, then you can use the new advanced Forex-features (just released). This gives you FX-position-management and real-time P&L for IDEALPRO (things not available in TWS itself).

 

[Free Thinker]

has anybody figured out how to sign up for this yet? i dont see anyplace to authorize it. i wonder if its because i have a fa account?

Quote from vhehn:

Paper Trading Now Available

Interactive Brokers is pleased to announce IB Papertrader, which will provide trade simulation functionality. Customers wishing to simulate their strategies before they trade can open a paper trading account from Account Management/Trading Access. Your paper trading account will have its own account number, username and password, and will be given the same real-time market data and trading permissions as your actual account. When you log into Trader Workstation with your paper trading username, your trading screen will clearly indicate you are trading in simulated mode to avoid any confusion. Your paper trading account may also be used to test any of your programmed Application Program Interface (API) applications. The beta version of the IB Papertrader, currently only available for US customers trading US products, is being rolled out. It will be fully functional on December 12, 2005. We are looking for feedback on the beta version of IB Papertrader, and encourage you to send an email to ibmarketing@interactivebrokers.com with your suggestions.

 

[AllenCook]

Yes, I have seen it but have not signed up yet. At least for individual accounts, if you login to your account management page and there is an option for "Paper Trading" under the Trading Access menu (the last option there).

 

[Free Thinker]

Quote from AllenCook:

Yes, I have seen it but have not signed up yet. At least for individual accounts, if you login to your account management page and there is an option for "Paper Trading" under the Trading Access menu (the last option there).

not on mine.