Support Board
Date/Time: Mon, 23 Dec 2024 00:49:31 +0000
Paper trading
View Count: 3980
| [2015-07-30 20:26:26] |
| User832215 - Posts: 27 |
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I'm wondering if I can do paper trading if I subscribe to the platform and the "Sierra Chart Real-Time and Historical Exchange Data Feed" even if I don't actually have a funded trading account. At the moment I'm only interested doing paper trading.
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| [2015-07-30 22:13:38] |
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It depends. Do you need real-time futures data?
Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2015-07-30 22:17:20] |
| User832215 - Posts: 27 |
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Yes, that's why I was thinking of subscribing to "Sierra Chart Real-Time and Historical Exchange Data Feed" to get real time futures data, because that's what it is -right?
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| [2015-07-30 22:18:55] |
| User832215 - Posts: 27 |
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Or did you mean that "Sierra Chart Historical Data Service" is good enough?
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| [2015-07-31 01:08:39] |
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If you need real-time futures data you do need: "Sierra Chart Real-Time and Historical Exchange Data Feed" However, the exchange fees will be high. About $95 per exchange for CME and ICE. Refer to: https://www.sierrachart.com/index.php?page=doc/SierraChartRealTimeFuturesStockDataFeed.php#CME Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2015-08-28 14:53:52] |
| User832215 - Posts: 27 |
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I'm still looking for a way to paper trade and was thinking about to fund an account with Interactive brokers and subscribe for your "Sierra Chart Real-Time and Historical Exchange Data Feed". I've done some research and found that Interactive brokers actually do "allow" paper trading which many other brokers do not. My purpose for funding account with them is to take advantage of the cheaper exhange fee. However, in the introduction section you are stating this: "Support policy: Support from Sierra Chart for technical issues encountered when using Interactive Brokers, is within the discretion of Sierra Chart. There are some complex technical issues that a user may encounter when using Interactive Brokers, that can have various causes which are on the side of Interactive Brokers and therefore are outside of the control of Sierra Chart. Therefore these will be hard for us to understand and assist with because they are not within Sierra Chart and the Interactive Brokers system is a highly complex system with many reasons why things can go wrong. Therefore, we may decline support for some issues reported to us involving Interactive Brokers. Be aware of this when making a decision as to whether you should be using Interactive Brokers." Does this still applies to paper trading and if I choose to subscribe to your fee? As I stated earlier, I want to paper trade and want to take advantage of the cheaper exhange fee. Would you think this might be a good idea? or do you suggest something else, maybe another broker? I know that Stage 5 also support paper trading but I wasn't sure if it was able to subscribe to "Sierra Chart Real-Time and Historical Exchange Data Feed" with that broker. Long message, hope you understand what I'm writing and my situation. |
| [2015-08-28 15:00:12] |
| User60518 - Posts: 106 |
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If you sign up with Infinity Futures / Transact you can use 'Infinity Charts' which is their version of Sierra Charts - but you have to use the InfinityAT trading DOM (excellent) - you just cant trade from the charts. You are charged $20 a month fees for the charts (plus your data fees c.$6 a month) - unless you make 20 round turns a month and then the charts are free - excellent package really. Otherwise you can get an account with Infinity and pay Sierra for whichever package you want to use. (excellent also). Cannot speak highly enough of Sierra Charts - Excellent package, superior support, always evolving to the needs of the traders who use it and whatever they request if feasable! Date Time Of Last Edit: 2015-08-28 15:02:37
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| [2015-08-28 18:03:55] |
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You can use the Sierra Chart Real-Time and Historical Exchange Data Feed with any supported trading services including Stage 5. Refer to this page for the supported services: https://www.sierrachart.com/index.php?page=doc/data.php If you do use TransAct, you will still want to have a direct Sierra Chart account: https://www.sierrachart.com/index.php?page=doc/doc_DirectAccount.html Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2015-08-28 19:13:29] |
| User832215 - Posts: 27 |
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If I choose to fund an account with Interactive brokers will I encounter technical issues if I'm using "Sierra Chart Real-Time and Historical Exchange Data Feed" in simulation mode?
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| [2015-08-28 19:44:34] |
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No, not at all. This will not involve technical problems and we can provide you all the help you need to resolve anything that might arise. This is not a problem. However, we need to make it clear that you must connect to your live Interactive Brokers account from Sierra Chart at least once per month to receive CME real-time data. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
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