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Search: Posts Made By: Big Mike

Forum: Brokers

March 31st, 2012, 10:55 AM

Replies: 17

IB Data Fees vs other brokers

Views: 4,992

Posted By Big Mike

No, because I don't use tick based charts. But...

No, because I don't use tick based charts. But majority of people on the forum do use tick based charts.

Bottom line for me is this: IB has inferior data. Good brokerage, bad data. No need to...

Forum: Brokers

March 31st, 2012, 07:25 AM

Replies: 17

IB Data Fees vs other brokers

Views: 4,992

Posted By Big Mike

Plot a chart using tick, volume, range or other...

Plot a chart using tick, volume, range or other non-minute based bars using CQG, Zen Fire, Rithmic, TradingTechnologies, IQFeed, Kinetick, eSignal, or other unfiltered data.

Then plot the same...

Forum: Brokers

March 31st, 2012, 05:54 AM

Replies: 17

IB Data Fees vs other brokers

Views: 4,992

Posted By Big Mike

Well, at the very least, your data will be wrong....

Well, at the very least, your data will be wrong.

Mike

Forum: Brokers

March 31st, 2012, 12:59 AM

Replies: 17

IB Data Fees vs other brokers

Views: 4,992

Posted By Big Mike

If you trade using minute or daily bars -- no...

If you trade using minute or daily bars -- no volume, no tick, no range, no renko, etc -- and you don't care about historical data, IB is "fine".

Otherwise, you need a better data provider.

Mike

Showing results 1 to 4 of 4

What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

Limited trading instruments
High platform usage fees
Lack of support or mentorship
Unrealistic rules and requirements
No significant challenges
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