stock trading on tws papertrader.

Quote from mikesmithv:

If you are running this setup on an older computer, especially a single core CPU, these kinds of problems are likely. If you are looking for an excuse to upgrade your system then you have one! With a quad core system one cpu would be dedicated to the first TWS, the second to the other TWS and you still have two cpu's standing by for all the network and disk handling. When I upgraded it made a world of difference. Paper trader still sucks but a lot of other problems went away.

My laptop is dual core. I don't think single core or dual or quad core matters. The TWS is light weight with JAVA backend. I did run TWS in past in single core pentium system. but it is surprising the price doesn't load most of the time with papertrading account instead displays ? all over the place. I do use ninjatrader with IB datafeed(which really sucks) also mbtrading datafeed(which rocks). All in all IB stands out because of their comm and wiring money out(flexible) and very nominal wiring fee.
 
Quote from piptek:

I have a live account with IB for 4 years. recently IB implemented that papertrading account can only be launched after live TWS launched. there after I am having all sort of problems with papertrading account. sometimes I see all question marks even though live account is launched with another instance of TWS.

The question marks are displayed because you cannot receive market data in the paper acccount and the production account at the same time.
 
Quote from DAV:

The question marks are displayed because you cannot receive market data in the paper acccount and the production account at the same time.

The paper account and the live account cannot be on two separate computers (linked through your home network).

However, if these two accounts are on the same computer (by opening two instances of TWS - one live and the other paper) both will work smoothly.
HTH
 
Quote from DAV:

The question marks are displayed because you cannot receive market data in the paper acccount and the production account at the same time.

Mr Dav, I know very well the market data is not available for the paper account that time and that's why TWS displaying ?. however sometime like now I can see paper and live account working properly in the same machine with two instances of tws. It seems like IB is not reliable and consistent in their platform. I have also account with TD-Ameritrade/TOS but they don't imply the rule of running paper and live instance run in same machine. I have never experienced such market data loss quite often with other online brokers, offcourse IB is exceptionally renowned for their platform and customer service....
 
Quote from shovel52:

How realistic is the papertrader? It did not work well at all this week.
Is this typical with a simulator platform? or am I to expect this in real time?

What kind of a realtime fill should I expect to get on a stock with 100K volumn? but a lot of the stocks I scan for are lower volumn. 100k usually, and are
much slower. Even though there is no one on the other side of the trade here, any input?
===============
Shovel50-Trend
Paper trading with real paper [which leaves a real record to be studied ]can be helpful

Also its much cheaper than real time tradin !!.1ook volume ?? Great fills if you are buy @ market during downtrend or sell @ market in uptrend. Maybe better tham you think LOL

Actually paper[recorded] trading can be helpful, so do it;
BUT ,it is nothing like real time trading, for the same reason Monopoly money doesnt make you much real money in real estate.Unless you invented that game, he made millions.:cool:

Trading or investing is easier [not easy] with rule of 72;
work 6 days a week for 12 hours=72 hours a week, do that 7.2 years, remember that rule of 72. Thats wisdom. Good question.

murray TT
 
Back
Top