total for the week: +$5 total since posting (28 weeks): +$852 total number of trades: 206 number of winning/losing days: 46/52 number of winning/losing weeks: 12/16 best/worst day: +$711/-$314 best/worst week: +$681/-$317
Which paper trading software package most accurately emulates where/when a limit order will be filled? For example, I have been using open e cry's demo software, and doing very well using time/fill sensitive strategies. I tried doing this live and noticed a marked difference. As I retool, I would like to be able to test my (discretionary) strategy under accurate market conditions, without a leg up. Thanks!
I don't know which software package emulates limit order fills most realistically. Personally I use the paper trading account offered by Interactive Brokers and I noticed that prices generally have to trade through my limit before I'm getting filled. However, I don't know the exact algorithm so I can only speak based on my observations. Also my trading strategy isn't that sensitive to fills. If I exit a position I'm almost always pay the spread and if I enter a position I'm willing to change my limit price so that the market trades through it to make sure I got my position.
total for the week: -$116 total since posting (29 weeks): +$736 total number of trades: 212 number of winning/losing days: 47/53 number of winning/losing weeks: 12/17 best/worst day: +$711/-$314 best/worst week: +$681/-$317