Order fill times and Live Data | TWS Training?

[Sebastian_]

Hi,

I'm coming from markets.com, which has big spreads and a low number of securities, but it had instant order filling and closing. The data was updated live every few milliseconds.

Coming to IB, I see that I must choose a paid live data plan and my orders are hanging for minutes. Reminds me of Revolut, which actually sucks even more, at times waiting for tens of minutes for the order to go through.

I'm trading in EU and I'd like to try my hand at scalping, but I have no idea how to properly set up this platform. My background is in business and programming. Any advice on what data plan to choose, or how to understand my order filling times, would be highly appreciated.

After reading FAQs and searching in threads, I turn to you guys for help with deepening my understanding. I've had good results trading in the past, but I feel like a complete noob on this platform, with no one to explain things to me from IB.

Thank you,
Sebastian_

 

[ZBZB]

Hi,

I'm coming from markets.com, which has big spreads and a low number of securities, but it had instant order filling and closing. The data was updated live every few milliseconds.

Coming to IB, I see that I must choose a paid live data plan and my orders are hanging for minutes. Reminds me of Revolut, which actually sucks even more, at times waiting for tens of minutes for the order to go through.

I'm trading in EU and I'd like to try my hand at scalping, but I have no idea how to properly set up this platform. My background is in business and programming. Any advice on what data plan to choose, or how to understand my order filling times, would be highly appreciated.

After reading FAQs and searching in threads, I turn to you guys for help with deepening my understanding. I've had good results trading in the past, but I feel like a complete noob on this platform, with no one to explain things to me from IB.

Thank you,
Sebastian_

what exchange are you trading on?

 

[guru]

my orders are hanging for minutes

Your orders can "hang" for years if the stock price never reaches your price. This has nothing to do with the platform. What type of orders are you placing and how are you pricing them?

 

[Sebastian_]

what exchange are you trading on?

NASDAQ, during spikes.

Your orders can "hang" for years if the stock price never reaches your price. This has nothing to do with the platform. What type of orders are you placing and how are you pricing them?

Now I know! I just use the defaults, but linger until I finalise the order, while I follow the price action.

 

[tradeking007yahoo]

I can show you the speed of my orders being processed at a non colocated server including risk check at the cme futures mkt. demo is instant there is no delay
Let me know if you want to see it. this would not include the milliseconds it takes to go from my computer to the brokers servers or the time for me to mouse click but i could do a market if touched which would be the fastes mouse click available without the mouse but it would show the conversion speed and this will show everyone why you as a retail mouse click or keyboard click trader you cannot beat the hft,