TWS and Esignal failed me today...

D

Digs

I was trying to place a limit order to sell some TBUS..

I was clicking the bid and ask in the esignal TWS order entry screen, to set the limit price, the market was fast, I hit the button to sell my shares for a good profit as I saw the market was turning.

The order was partially entered into TWS screen, with a pop up box in TWS saying the "price fails" or something like that, I re view the Esignal TWS box and price looks fine to me, I re click the bid price and resend order, same again price fails....

Trade turned into a loss...

Whats going on why, I have the latest IB order plug in from esignal and latest TWS software...

ANy one else had this issue, limit orders fail on price when esignal price box looks fine...
 
I use the plugin for the initial entry only. When an alert fires I need to move fast most of the time. After I am in the stock I find that management is best done with TWS direct.
 
Digs..

just a thought.. everyone knows that esignals data tends to lag a bit in really fast markets.. so does it really make sense to try and trade using esignal in a fast market when you know there is likely a delay?.. IB's feed sends a snapshot of the market every like .6 seconds or so which helps eliminate lag between IB and TWS since tws isnt trying to process so many updates.. i personally wouldnt use the esignal IB plug-in unless i were trading something that moves slower than a snail stuck in molassas.. just my .02 :)

-qwik
 
The fastest prices will be from the broker feed in TWS. Esignal broadcasts a vendor feed which lags a fraction of a sec ( as do all retail type vendor feeds).
 
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