IB ? Software Complaint Here

Quote from couponjohn:

Well I think you said it best right here when I quote "ib gives excellent execution, is reasonably priced and is trying to improve its online help serrvice which has been an ongoing issue for years"

Just like I said service is great and software Bad.

Im done here you wont change my decision on this, Any Java software is nto real software and suffers from speed rules among other flaws. Thats why so many companys like Ebay have slowly thinned java out even in there posts.

Good luck , and read up on java based.
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So your problem is with java as opposed to learning to use the application. i think you are mistaken.

you may want to look at these sites before stating java is slow:

http://www.theserverside.com/news/thread.tss?thread_id=25743
http://www.adahome.com/History/Steelman/steeltab.htm
http://www.idiom.com/~zilla/Computer/javaCbenchmark.html

I particularly like this quote from one of the studies... "Together these suggest that it is possible that no amount of data will alter peoples' beliefs, and that in actuality these "speed beliefs" probably have little to do with java, garbage collection, or the otherwise stated subject. Our answer probably lies somewhere in sociology or psychology. Programmers, despite their professed appreciation of logical thought, are not immune to a kind of mythology, though these particular "myths" are arbitrary and relatively harmless."
 
Def, there only 2 reason people use java based programming period.

1. Its much cheaper and every kid can make it.

2. update time formating for online.

The problem with the second is that its so slow and sticky , no one real uses it..
Hay Im sure plenty of websites have it, hell I have it on the front page of 9 of my sites, but has a entry page and nothing else.

If they scripted this in real programing code it would be much supperior.

Lets face the fact the system your sitting on right now is not running much for java except for some web sites you go to.

Maybe this is why Microsoft and Java have had fights for years.

Oh and I wont mention the EXTREME security flaws thay exsist in all Java programing, that again is why ebay left it. they got tired of all the kids from romainia pulling there chains.

The only way I can say try the difference is try a real platform such as scottrade ELITE, not there online jave based either it to is slow. But the Eleite program and compare.

Goodluck
 
Be it an erroneous belief or mere stupidity, who's to say? But as an aspiring trader of tomorrow who has been grinding away just to keep alive for the last 5 years, I wonder if cosmetic makeover has any real value in my bottom-line. Hell, I'll trade via ANY platform if it can consistently spit out profits. But then again, being creatures of habit, we can't handle such a change of fortune, or can we? My 2-cents contribution as ordained to be another bullshit is that I also think IB's interface sucks in comparison to, say, Cybertrader (which I plan to swap for IB in the not-too-distant-future). BUT here's the caveat: while it looks primitive by any standard, its functions are so complicated (overblown?) to exacerbate my otherwise fragile sanity. For instance, when you input a stock symbol, you need to choose among stock, options, futures, & what not, after which you must confirm the entry before "transmitting" the order (to the effect of pressing "T"--I forget which). And since I haven't yet funded my account, I can't access their charts (nor is the feature available on the demo account). From what other posters indicated, I figure it's not worth my time even speculating how bad it is. It only makes sense for any prospective trader to kick the tire before driving, and other pursuits, but the benefit I derived from such experience as yet haven't outweighed the expense of eye strains I incurred in the process of learning. This in no way detracts from by belief that IB provides one of the better services in the industry--so I'm told. :D
 
Quote from couponjohn:

Well I think you said it best right here when I quote "ib gives excellent execution, is reasonably priced and is trying to improve its online help serrvice which has been an ongoing issue for years"

Just like I said service is great and software Bad.

Im done here you wont change my decision on this, Any Java software is nto real software and suffers from speed rules among other flaws. Thats why so many companys like Ebay have slowly thinned java out even in there posts.

Good luck , and read up on java based.
More...

i am refering to customer service which
includes customer chat and tws manual which need improvement but is getting better. trade busts seems to be an issue as a result of nasdaq incompetency with IB caught in the middle and maybe bearing some partial blame.
 
Quote from def:

So your problem is with java as opposed to learning to use the application. i think you are mistaken.

you may want to look at these sites before stating java is slow:
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def,

you can believe 'those sites', or you can believe your own eyes and tests.

the simple fact is, that java+tws IS hugely bloated and EATS cpu resources.

all you have to do is run task-manager and check the processes while tws is running.

on a 650mhz P3 laptop running win2k, it -commonly- pegs the cpu-resource; and i can't -believe- how much RAM it sucks. 50 megabytes ?? give me a break...

Scottrade is a POS broker compared to IB, but I -have- run Elite, and it IS smaller and faster.....VASTLY smaller (3mb as I recall) and FAR faster (far lower cpu overhead).

I have no idea what it was coded in, and I don't care; but there's no doubt about the speed/size facts...I've run them both, on the same platform, doing the same tasks.

I don't expect IB to re-code standalone-TWS (altho it'd be a godsend for laptop/off-grid clients), and I doubt you have that project underway; but at least be realistic about the bloat and cpu-consumption of the java-engine.
 
There is some real nonsense on this thread ab out Java

Quote from couponjohn:

Def, there only 2 reason people use java based programming period.

1. Its much cheaper and every kid can make it.

2. update time formating for online.

The problem with the second is that its so slow and sticky , no one real uses it..


Is that so ? They why are there more adverts for Java jobs than C++ or Visual Basic ?

http://www.jobnet.com.au/ext/site/j...0&catName=Programming+Languages&in_sessionid=

And most of these jobs are server side rather than sticking useless applets on the front page of web sites. Your knowledge of the use of Java appears to be as old as your laptop.

Oh and I wont mention the EXTREME security flaws thay exsist in all Java programing,

Nothing has a perfect security record, but Java has done a LOT better than Microsoft. In particular Java code does not suffer from buffer overruns that have been the cause of many, many vulnerabilities in C/C++ code on all platforms. This is just scare mongering about 'EXTREME' security flaws. Some evidence please.

At the end of the day who cares if TWS uses 50Mb ? What does 512Mb memory cost these
days ? Maybe $50. So TWS is using $5 worth of memory ! On a mid range PC, TWS CPU utilisation on Linux is always less than around 10% and usually much less. TWS introduces no significant delays in quotes or transmission of orders/receipt of order status. It is therefore by definition 'fast enough'.

IB did the right thing in freeing TWS from being tied to Windows. If you want to build a cross platform GUI app, there are not that many options. Java, C++/QT and some others. Java was a good choice.

And as for the poster who finds it difficult to select the security type (stock, future etc) after entering a a symbol, what can I say ?
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