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Interactive Brokers (IB) is your best bet. However, I’d like to reiterate as others have stated that you need to be prepared to lose it all (and moreover that y
by boulos 9y ago
Interactive Brokers (IB) is your best bet. However, I’d like to reiterate as others have stated that you need to be prepared to lose it all (and moreover that you likely need much more capital than you realize to stay solvent on down swings).
Don’t take this the wrong way, but it seems like you haven’t done a lot of research into this: Interactive Brokers is one of the first things that comes up when you search on Google (etrade, Robin Hood or any other retail trading just isn’t credible).
Finally, is your 20 years of historical data for just open/close? Is that your execution plan? (Otherwise you can get really tripped up as you move to intraday trading)
- jason_slack 9y agoI know about IB but initially I thought that I couldn't use their API unless I also ran on their platform. Meaning I can't use my own VPS, etc. I have been using 1 minute bar data.
- lordvon 9y agoI don't know about setting up VPS, but the standard way to use IB is to run their main client (either the GUI-based "TWS" or the GUI-less "IB Gateway"), then connect to the main client. Your binary is totally separate from the main client, which you do not modify. Have you looked at Lightspeed Trading?
- gilj 9y agoWhen using IB, you can trade on your own machine/vps/whatever. I suggest you do this, and set it up such that you trade on an IB paper account, make sure everything is running correctly and in line with your backtests, and then start trading with some real money. Good luck!
- jason_slack 9y agoGreat advice. Thank you.
- Sukotto 9y agoYou can use their API from your own system. https://www.interactivebrokers.com/en/index.php?f=5041 https://www.interactivebrokers.com/en/index.php?f=5041 I strongly urge you to paper-trade the live market before risking real money. https://www.interactivebrokers.com/en/software/am/am/manageaccount/papertradingaccount.htm https://www.interactivebrokers.com/en/software/am/am/managea...