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Can I use CQG data feed in the Trading Simulation Mode?


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Can I use CQG data feed in the Trading Simulation Mode?

  #1 (permalink)
 Regis767 
Palmdale, California
 
Experience: Intermediate
Platform: Amp Futures
Trading: Futures
Posts: 12 since Oct 2021
Thanks Given: 20
Thanks Received: 15

Hi, I already have a CQG feed going to AMP Futures, but have not traded yet. Setting up my Sierra Charts, I have Trading Simulation Mode as "ON". I am practicing Sim Trading, but the Message Box, during some wild volatility came up with 'exceed margin' messages. I made a good initial trade on the down side, but duplicated a Sell that I couldn't get rid of until I was 5.5 ticks out. I was still up $175 for the Day and AMP Futures showed no change to my account.

My question is, if I have CQG hooked up as a feed, the account is not 'Live' yet, right? It is still in Simulation mode, but not using Sierra Chart's Trading Evaluator, correct?

Thank You.

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  #2 (permalink)
bradhouser
Northern California where the girls are warm
 
Posts: 122 since Nov 2010
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There is Trade Simulation Mode and Live Simulation. If Trade Sim mode is enabled, then the application itself, is acting as the broker, simulating all order message activity. In Live Simulation the Sim mode is disabled, and you connect to a live exchange that uses either real money or "paper" money. Sierra Chart doesn't care. It sounds like you were using Live Sim mode.

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  #3 (permalink)
 Regis767 
Palmdale, California
 
Experience: Intermediate
Platform: Amp Futures
Trading: Futures
Posts: 12 since Oct 2021
Thanks Given: 20
Thanks Received: 15


Thank You, Brad. Indeed, the Trade Sim mode was enabled, but... Since I was using CQG feed, the 'simulated trades' were actually directed to AMP Futures and were traded as live. I found this out the next day, when I logged into AMP and saw that I was up $117.56. AMP doesn't post till the next day. So now, I've followed the directions on Sierra Charts and using their feed. Lesson learned on that one and again, thanks for your thoughts on this.

Cheers,

Regis

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Last Updated on January 16, 2022


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