IB Tradestation Alternatives

Quote from gurucandidate:


I do not use bracket orders or stops.
I scalp CL for 3-5 points and ER2 for 20-40 depending on market conditions and I am in and out quick, so I have no need for all those strategy features and visual clutter. I do better with a static setup, don't even use DOM because that way there is less distraction from what I should be focusing on which is sensing price momentum.

Over time I came to recognize that in scalping not placing stops saves precious time and sometimes points. Yes, of course, once in a while the market gets away from me.
Sorry GC, but I still don't see how placing an open and a close order separately can save you time from only click in an interface like Buttontrader that does both, and gives you a stop as a bonus. And modifying any of these three will take only 1 click too. You don't want the fancy stuff than don't use it, but even the basic stuff in BT is well beyond what TWS Booktrader offers.

Ursa..
 
Back
Top