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Some questions for my fellow canuck traders, eh.


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Some questions for my fellow canuck traders, eh.

  #1 (permalink)
onetake
Niagara Falls, Ontario/Canada
 
Posts: 15 since Apr 2020
Thanks Given: 3
Thanks Received: 16

Hey there,

I'm wondering if there are any traders based in Canada on Interactive Brokers and/or using their data feed.

I'm starting to get into swing trading some canadian stocks and I've read on these forums that some users aren't too crazy about the IB data feed but it seems like there's a consensus that for swing trading it's ok? I maaaaaay dable in some day trading but nothing like futures. At least not yet.

Speaking of futures though, any thoughts on that market on the Montreal Exchange? Should I even consider it (in the future) or just move on the the futures market on the CME?

Thanks in advance.



By the way. This is a hilarious smilie.

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  #2 (permalink)
 
deaddog's Avatar
 deaddog 
Prince George BC Canada
Legendary Market Wizard
 
Experience: Advanced
Platform: National Bank Direct
Broker: NBD/BMO/Questrade
Trading: Stocks
Frequency: Every few days
Duration: Weeks
Posts: 1,308 since May 2013
Thanks Given: 185
Thanks Received: 4,077


onetake View Post
Hey there,

I'm wondering if there are any traders based in Canada on Interactive Brokers and/or using their data feed.

I'm starting to get into swing trading some canadian stocks and I've read on these forums that some users aren't too crazy about the IB data feed but it seems like there's a consensus that for swing trading it's ok? I maaaaaay dable in some day trading but nothing like futures. At least not yet.

Speaking of futures though, any thoughts on that market on the Montreal Exchange? Should I even consider it (in the future) or just move on the the futures market on the CME?

Thanks in advance.



By the way. This is a hilarious smilie.

I closed my account with IB Canada when I changed from day trading to swing trading.
Great for day trading but way more than I needed to swing trade.

Moved to Questrade.

"The days when I keep my gratitude higher than my expectations, I have really good days" RW Hubbard
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  #3 (permalink)
 olobay 
Montreal
 
Experience: Intermediate
Platform: MultiCharts
Broker: DeepDiscountTrading.com
Trading: CL
Posts: 364 since Jul 2011



onetake View Post
Hey there,

I'm wondering if there are any traders based in Canada on Interactive Brokers and/or using their data feed.

I'm starting to get into swing trading some canadian stocks and I've read on these forums that some users aren't too crazy about the IB data feed but it seems like there's a consensus that for swing trading it's ok? I maaaaaay dable in some day trading but nothing like futures. At least not yet.

Speaking of futures though, any thoughts on that market on the Montreal Exchange? Should I even consider it (in the future) or just move on the the futures market on the CME?

Thanks in advance.



By the way. This is a hilarious smilie.


If all you use are minute charts, then it's good enough for day trading. If you move to tick or volume charts, then it's not good enough because it is aggregated and not true unfiltered data.

No idea about the Montreal Exchange.

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  #4 (permalink)
onetake
Niagara Falls, Ontario/Canada
 
Posts: 15 since Apr 2020
Thanks Given: 3
Thanks Received: 16


olobay View Post
If all you use are minute charts, then it's good enough for day trading. If you move to tick or volume charts, then it's not good enough because it is aggregated and not true unfiltered data.

No idea about the Montreal Exchange.

Cool. That's good to know. So for now sounds like IB data will work for me.

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Last Updated on April 12, 2020


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