GoldWTcal 1 Posted June 5, 2022 Good day, In Andrew's book - " How to day trade for a living", on page 114-115, he wrote: " I personally prefer IB as my broker and DAS Trader as trading platform. My broker offers their own platform called TWS, which I do not recommend for day trading. " What are the reasons behind the author's discouragement to use TWS for day trading? It seems that TWS charges a way lower data package fees for level 2 data and there is no monthly fee for using the platform. For a small trading account, honestly fees and expenses do make differences. Will appreciate the clarifications in this respect. Thanks Share this post Link to post Share on other sites
GoldWTcal 1 Posted June 7, 2022 Thanks, Peter for your reply. Share this post Link to post Share on other sites
Didi 0 Posted September 24, 2023 On 6/5/2022 at 11:59 PM, GoldWTcal said: Good day, In Andrew's book - " How to day trade for a living", on page 114-115, he wrote: " I personally prefer IB as my broker and DAS Trader as trading platform. My broker offers their own platform called TWS, which I do not recommend for day trading. " What are the reasons behind the author's discouragement to use TWS for day trading? It seems that TWS charges a way lower data package fees for level 2 data and there is no monthly fee for using the platform. For a small trading account, honestly fees and expenses do make differences. Will appreciate the clarifications in this respect. Thanks What was the answer as I cannot see it but @GoldWTcal was thanking Peter for the reply Share this post Link to post Share on other sites
shruthi_p 0 Posted November 1, 2023 I wanted to know the answer too as I have the same doubt. Share this post Link to post Share on other sites
RooBmaN86 0 Posted December 24, 2023 Also interested in the answer! Share this post Link to post Share on other sites