Weird stuff on IB

Quote from biologymajor:

I would quit IB before you lose your money if I were you.
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Good Advice....why trade forex in a well run liquid ECN environment with a reputable honest broker that provides insurance on your account(s)......stick with your biology studies, dude.:p
 
Here we go again, i hit the bid with a limit order at the
bid price, they lower it a point, i cancel the order the price
goes back up. I did this 10 times, each time they
lowered the bid one point then they brought it back up. This was on Cable.

I hate when IB banks %**&((*& around.
 
Quote from sgsaxton:

I had an incident yesterday where tws froze and I had to close it and re-log in. Magically and extra tab appeared on the trading window labeled API. A few hours later tws froze again and again I quit then re-logged in and the API tab had gone.
Anyone have a clue as to what that is all about?

S
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IB isn't in the business of scamming anyone.

When connection is lost any orders sent via API are attached to a page called "API" on the TWS, which is generated when you place an API order. It is a bit of a problem that this page doesn't save itself when a TWS connection is lost.

The only real problem here is that your API orders get mixed in with your TWS orders--which does create order management problems, yet, they ALL can be found on the pending page.
 
Quote from MR.NBBO:

IB isn't in the business of scamming anyone............
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Thanks for your feed back but I didn't say they were scamming me and I totally agree with your statement above.
My concern was that, because I haven't seen the API tab before, is it possible my firewall has been breached allowing a third party to do things they shouldn't?
 
If you place an order thru xxx to the API then you will see the API tab come up. There may be other reasons as well but you will be able to see anything happening on the api in real time when it happens. I wouldnt be too worried.

Backfill with IB and Sierra Chart is ok at the moment (not seen anyone complaining) although QT's exact request protocol is probably slightly different to Sierra Chart's.
 
Quote from kiwi_trader:

If you place an order thru xxx to the API then you will see the API tab come up. There may be other reasons as well but you will be able to see anything happening on the api in real time when it happens. I wouldnt be too worried.

Backfill with IB and Sierra Chart is ok at the moment (not seen anyone complaining) although QT's exact request protocol is probably slightly different to Sierra Chart's.
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Thanks for your rely.
When I place an order, I place it directly from TWS and I only use QT for charts. Would that still involve the API? In all honesty I don't know what the API is for or how its used.:confused:
 
API just stands for application program interface and its what SC or QT or the order entry tools use to communicate with TWS. QT may be doing something that looks like an order entry (maybe some type of query that SC doesnt do).

Just keep an eye on tws next time and see what happens in the API tab when it comes up.
 
Quote from kiwi_trader:

API just stands for application program interface and its what SC or QT or the order entry tools use to communicate with TWS. QT may be doing something that looks like an order entry (maybe some type of query that SC doesnt do).

Just keep an eye on tws next time and see what happens in the API tab when it comes up.
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Thanks for your help. I'll monitor it and see what happens.
 
Quote from ajworth36:

Just started trading forex, I notice that at a couple of firms, sounds like their firm is trading against your paper, ..........
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My fills aren't bad, its just this API tab keeps appearing from time to time and I don't know why.
 
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