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United Kingdom
Elite_Member
Experience: Intermediate
Platform: Topstep X
Broker: Topstep Live Funded
Trading: US Equity Index Futures
Frequency: Many times daily
Duration: Minutes
Posts: 1,250 since Sep 2013
Thanks Given: 3,517
Thanks Received: 2,535
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You don't need a separate feed. You can just use the broker feed for your charts. An independent feed from a data company is good if you want extensive historical data for back testing but otherwise the historical data from a broker is enough for most people.
An exception would be the odd broker that bundles their data (such as Interactive Brokers I believe), so that it isn't any good for analysing accurately volume trading on the Bid or Offer, if you want to use footprint charts or Depths of Markets, DOMs, that split the prints; then a separate accurate data feed would be required.
As you say though that you are considering , not that you already have it, you could save yourself a couple of hundred Dollars a month by considering whether you actually need it or if the broker feed will be perfectly fine for your needs.
| "You do not win as a trader, you just get to play again the next day. If that game doesn’t appeal to you then you should not trade" - Gary Norden |
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