Wes Smith![]() Veteran ![]() ![]() ![]() ![]() Posts: 199 Joined: 10/11/2012 Location: Ontario,Canada ![]() | IB Gateway is a slimmed down TWS application that runs on your desktop. It's only for automated systems like the Trade Processor. This has a few advantages... and a few big 'gotchas' Advantages... It's made for 7/24 automated systems 1) It does not have a daily forced reset like TWS does. It will run 24/7 if needed. 2) It uses much less memory than TWS. This can become important if you want to run on a small 'cloud' machine. Disadvantages ... You can't monitor your account while it's logged in. 1) It is for order entry only. -You cannot view trades, orders, positions. -You cannot used it to confirm trades or any TP activity. -You cannot login anyplace else with the same userid This makes using it a little scary/awkward.. As most of us would like to be able to work on our accounts while TP/IB Gateway are connected. There is a solution for this ... in the next post. [Edited by Wes Smith on 3/29/2013 8:49 AM] |