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Getting Started with AutoTrading

43 bytes added, 18:39, 2 February 2012
# Install a standalone version of Trader Workstation according to the instructions provided by Interactive Brokers.
# Start Trader Workstation and log in using a user name and password provided by Interactive Brokers.<br><br><div style="background-color: #F8F6CD;">Important: It is strongly recommended that automated order execution process is initially extensively tested using a '''Simulated Account'''. Testing strategies and automated order execution using a real account can result in a substantial financial loss! All Interactive Brokers clients with a real trading account also receive a simulated trading account that provides real-time data and enables traders to and test the functions and features of the Trader Workstation platform.</div><br>In addition, Interactive Brokers provides a '''Demo Account''' that is accessible by people who aren't clients. A demo account supports only some of the symbols, has limited historical data, and provides delayed quotes. <br><div style="background-color: #E5F6FF;">The user name is '''''edemo''''' and the password is '''''demouser'''''.</div>
# In Trader Workstation, click the '''Configure''' icon on the toolbar, or click '''Configure''' in the main menu.
# Click '''API''' and then select the '''Enable ActiveX and Socket Clients''' check box.