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| Beginners Forum Interested in trading but don't know where to start? Post any questions you may have here. |
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11-02-2006, 03:14 PM
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Re: Tape - Bid Ticker
Let me correct myself!
The T&S on trader workstation, the one u have to refresh manually, i think, i just think is tick by tick. But it only refreshed every 60 sec. The one u get on sierra chart or whatever 3rd party software, it is not tick by tick. 
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11-02-2006, 04:58 PM
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Re: Tape - Bid Ticker
I was using IB sierra charts and bracket trader for many months. All I needed was one nonfilled trade that lasted for over a minute that made me consider tradestation. Tradestation offers so much more that sierra charts with IB. Why pay for monthly subscription for sierra charts when tradestation is free with like 10 trades a month.
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11-02-2006, 05:54 PM
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Re: Tape - Bid Ticker
Tradestation is great for charts. If you want to clear with IB just stick with it but paying that $99 plus exchange fees for TS is definitely not going to hurt you if you are really trying to learn tape reading.
__________________
James Lee TradersLaboratory.com ----------------------------- Empowering traders with knowledge. Note: Working on a few new features for the site. Please pm me if I do not respond.
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11-03-2006, 11:41 AM
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Re: Tape - Bid Ticker
so, are you saying I can sign up with ts for 99$ to receive market data and use the software but still make trades through ib? - this would be ideal for the time being.
i've been looking over ts software and the ability to write custom studies directly into program looks pretty cool  .
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11-03-2006, 12:01 PM
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Re: Tape - Bid Ticker
Hey JayRemy,
You can pay just for the sofware fees. I believe Tradestation allows this. If you make 10 trades a month with TS they will waive the fees for you. So you end up paying only the exchange fees.
__________________
James Lee TradersLaboratory.com ----------------------------- Empowering traders with knowledge. Note: Working on a few new features for the site. Please pm me if I do not respond.
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11-03-2006, 02:31 PM
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Re: Tape - Bid Ticker
thanks guys, i've got tradestation now. I can see the difference with time and sales - how IB snapshots it. The data seems to come in a little quicker from tradestation which is interesting. I've spoken to guy at tradestation, apparently i can transfer my funds direct from IB to TS which is pretty cool.
Thanks again guys I already feel more confident with the tradestation software. Ta Jay. ps. i've ordered a tape reading book which you recommend, so that will give me some good reading.
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11-06-2006, 04:24 AM
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Re: Tape - Bid Ticker
Amazon.co.uk: Techniques of Tape Reading (Irwin Trader's Edge): Books: Vadym Graifer,Chris Schumacher
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