Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
I think there's a general understanding in the world that IB and SC do not mix. I'm not able to take any sides on the question, because I have never used IB, so I've only got the SC side of the story.
There's also a general understanding that SC is highly intemperate in their remarks on anything they don't approve of, and IB, for whatever their reasons, is definitely one. They also can fly off the handle just about any time for any reason. No telling why.
This is all too bad, because IB is well thought-of as a broker by a lot of their customers, and so is SC well thought-of as a platform.
But the choices are what they are, and the parties are not going to come together as far as anyone outside of them can tell. So a person has to decide which is more important to them and go one way or the other. Or, of course, decide they can live with the issues and stay with both, which I know many traders, knowing the score, have decided to do.
But neither side is likely to change, especially not SC, so that's the basis of an informed choice.
There are many brokers and many platforms. We have our preferences, but none is crucial to a trader's success.
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote
Sharpest tool in here Bob. Unlike certain fixed mindsets that tried to talk himself out of a flawed trade position, this is the last thing we want in trading - bias.
Important note guys, if you insist on using IB, not only the futures contract are buggy, the SPY too.
I took a 5 x loss when using SC to enter a short resting order on SPY, both profit target and stop loss orders disappeared after the resting order triggered. Instead of booking profit I took a 5 times loss as it gap up on close.
What a fk up combination of IB and SC. I am giving up on IB and hopefully SC has no more loggerheaded brokers out there.
I´ve been using IB TWS and SC for the past 4 years without a problem until the last 2 weeks. I have SC Build 2125 and TWS 979.4z and use the Denali data service.
The problem is that the P&L and DPL no longer function and the Trade Stats screen no longer populate with trades. I had updated to the latest build and then discovered the problem and then rolled back to 2125 thinking this might solve it but no luck. Perhaps its on the TWS side? I used the IB Gateway 978 and had the same issue. Orders can be placed with SC and I´ve been monitoring them on the TWS to make sure there is no other disconnect between the programs.
I know of the "hate" relationship between SC and IB but as I mentioned everything worked well until the last few weeks. Perhaps there was an update that has caused this problem? I have not approached SC´s help desk because of this relationship and didn´t want to be told I´m an idiot for using TWS.