Well not quite. I do know the markets, but I have just started studying Python etc. and the next six months are dedicated for this purpose. Can you explain it to me?
How smart is it to keep something valuable on a server where a company can access all your data freely and make money off of it?
Thanks for the idea, but as d08 highlights, I feel uncomfortable by the uncertainty with that kind of service. Does anyone know if Python supports/read ASCII text format?
I suppose you mean something like a file with comma separated values (csv) and of course it can. It's quick and easy. My suggestion is to use Pandas as it has a lot of useful features and is often faster than native Python.
You should be able to read that data directly into a pandas data frame. If for some reason that causes problems you can use Python's standard io functions and then will likely have to do a little munging.
Hey d08, I have an IB account, I would like download intraday price data every 2-3 minutes (5 min is okay). Do you know how many stocks can I get every time? is there a tool to get the data directly from TWS? Thanks in advance.
Unless you have a very large account size can you monitor 100 symbols in parallel. You would have to write your own software (multiple languages supported) and have it connected through the IB API. I don't know if such software has been made available by someone for everybody.