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DAS-TDA VS DAS-IB
onlyjava posted a topic in Day Trading Brokerscomments from BBT community: Alfredo 3/9/2023 @ 12:48 pm @Paras. It´s possible to have 2 different brokerage accounts in DAS? (IB + TDameritrade). My other question is if you know COBRA trading. Thanks trader0 3/9/2023 @ 12:50 pm @Alfredo Separate DAS apps for TDA, IB $150/mo for each Bandit 1/24/2023 12:21 pm @Paras thanks for inspiring me to move to DAS-TD and taking my coms away!! I trade the open and actually feel like I get better fills than IB, plus I've had shorts on several occasions where IB has not. So thank you:) MomoTrader 3/1/2023 3:13 pm @StephenMeowkmus @Hans I moved from DAS-IB to DAS-TD and am very happy and wish I had done it earlier. At the open, I do find a milli-second delay with DAS-TD, but not significant enough..I am a momentum trader and do quite a bit of scalping at the open..no big complaints. he zero commissions makes it really worth it. NVDA 3/1/2023 @ 3:22 pm @Hans late to this discussion but there are several studies out that show you et better fills with TD than IB. MomoTrader 3/1/2023 @ 3:33 pm @MasterChief https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4189239 MomoTrader 3/1/2023 @ 3:34 pm @Hans not arrguing against your experience..I myself felt a milli-second delay in fills with DAS-TD (vs IB), but seems the fill price seems to be better with TD per those studies.. MomoTrader 3/1/2023 @ 3:36 pm @Peter_laptop ...just to clarify, DAS is not DIRECT ACCESS Trading with IB & TD..Only Direct routing. They are Direct access with market only with native brokerrs using their API Hans Contributor 3/1/2023 @ 3:36 pm @Peter they were just showing that studies have shown that TD is better fills than IB. nobody was pushing one or the other, I have both Shelley 3/1/2023 @ 3:37 pm TD customer service is excellent. I was not impressed with IB's customer service. David76 3/2/2023 @ 11:27 am I don't think I understand how DAS is calculating trades. At the start of the morning I will position into 4 stock, but will has between 6 and 8 tickets. MomoTrader 3/2/2023 @ 11:30 am @David76 every transaction is counted as a ticket ..like if you short 500 shares and broker breaks it to two 250 share lots, thats two tickets... MomoTrader 3/2/2023 @ 11:31 am @David76 IB was notorious for such splits..and charged commission for every ticket..not seeing that too much with TD Lori S 3/3/2023 @ 3:18 pm DAS is $120 and then the data for TDA was going to be another $150 - I thought trader0 3/3/2023 @ 3:19 pm @Lori S No I have DAS-TDA - switched from DAS-IB - same cost for both trader0 3/3/2023 @ 3:18 pm @Lori S makes sense - DAS is $150 /mo for DAS-TDA and DAS-IB with TotalView, ARCA Lori S 3/3/2023 @ 3:19 pm ok so I would have the same cost, just less commissions... trader0 3/3/2023 @ 3:19 pm @Lori S yes DarkMoon 3/17/2023 @ 11:45 am I paid for both DAS-TD and DAS-IBKR for a month and ran some stats...after comms, TDA won out. Hans Contributor 3/17/2023 @ 11:39 am I strongly suggest using TD w/Das instead of IB. the fills are good now and the comm's savings is a life saver while you learn Hans Contributor 3/17/2023 @ 11:47 am @John I've had both and there is sometimes a slight delay getting filled on TD with das. There are independent tests that show better fills on TD but I don't think they are taking the delay into consideration. Your strategy many times requires very fast fills. Maybe TD isn't the best fit for you. But why not spend $150.00 on a month of Das with TD and see for yourself. If I had started with Das TD, I would have saved thousands in comms Hans Contributor 3/17/2023 @ 11:53 am @John_H a couple traders here in chat were insistent that I was wrong about TD Das because independent tests have shown best market order fills with TD. I traded them side by side and sometimes Das Td is delayed, its that simple bv 3/17/2023 @ 11:41 am TD ameritrade is not available to Canadians but TD investing is trader0 4/27/2023 @ 1:52 pm @Jamie @Korey DAS-TD - in my case it took 1 day to get marked as PDT (with number of trades that exceeded the limit) and 2 days to get the 4x margin on day and 2x on overnight - automatically trader0 4/27/2023 @ 2:02 pm https://dastrader.com/docs/supported-functions-by-das-ib-and-td-ameritrade/ here it says - ^TD acknowledgement is above a microsecond delay and so some hotkey orders may get rejected. The microsecond delay is not a problem for me even when trading ORBs
Ref to this webpage https://dastrader.com/subscribe/. Seems Das Trader Pro will soon work with TD Ameritrade. It should be a good news for for those who have TD Ameritrade accounts. I heard that ThinkOrSwim / TD Ameritrade has issue of slow execution, especially during the first few minutes after market opens. When we place order in Das Trader Pro, are the order executions exclusively managed by DAS Trader Pro, or dependent on the broker? If it’s managed by Das Trader Pro, I understand the order execution should be very fast because DAS Trader has direct access to the market. If it’s still dependent on the broker (e.g., TD Ameritrade), there will probably still issue of slow execution.
no permission for replay mode error
daspatriot posted a topic in DAS Trader Pro Tips and Trickshello, When I try to switch to replay mode I get an "no permission for replay mode" error, looking for a solution. I have DAS AMTD Version 18.104.22.168 connected to Ameritrade, with the Deluxe Package. I am fully connected to AMTD and everything seems to be working fine there. My understanding is DAS packages include the replay capability, e.g. from DAS AMTD package page "(All packages includes paper training account with live accounts)". My accounts window shows my AMTD account number and what I believe is a training account starting with TR* . Not sure if it's necessary but I select that first in the Montage, which is how I understand one switches accounts. Am I missing something here? thank you