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Thanks, yes PeterSt. I say in jest as it’s very clear how serious you are! You raise some points of great interest to me about order flow, productivity and the consequences of pyramiding money management. It’s to the point for me but I will start a new topic for further discussion tonight that is very relevant to everyone here. On topic as for my set-up. I have but two screens and 3 bars of mobile and poor satellite internet operating from a valley in the bush. This is very limiting particularly with Sunday night data loading. Is it enough? No way but just if you know what I mean. Using PRT servers to do the heavy lifting I can and must be very focused on work flow and productivity not to chase too many rabbits at once.
3 bars of mobile and poor satellite internet operating from a valley in the bush. This is very limiting particularly with Sunday night data loading. Is it enough?For AutoTrading you wouldn’t care. For Manual Trading, it depends … … … Alright, I thought I had a readily answer, but that appears not so. So I now wonder whether this makes sense : Regardless of whether you use the API connection and use PRT-IB, roundtrip via Satellite might be 1 second or even more (but you tell me). I guess I myself would manage, but may skip Market Orders (only Limit for Buy and Stop for Sell). This obviously counts for Manual Trading, as AutoTrading would not care less. Ehh … And that latter is the thing … For AutoTrading and using the API, it still would matter. At least that is what I think, because no server side operation in France is taking place in that (API) case anyway. If you recognise that you are using the API with IBKR indeed (needs IB’s Trader Work Station to be open, so easy to recognise) then *that* would justify a dedicated topic for sure. Otoh, if you don’t use the API then all is being done server side and the only latency you’re dealing with is from France to Chicago (for AutoTrading that is).
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What is your setup?
This topic contains 15 replies,
has 9 voices, and was last updated by Wim
3 years ago.
| Forum: | General Trading: Market Analysis & Manual Trading |
| Language: | English |
| Started: | 09/04/2023 |
| Status: | Active |
| Attachments: | 3 files |
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