Another newbie question, when looking at the subscription page to try to choose a subscription plan, underneath all three plans it says: Third party data charges not included. What is third party data, and how much might those charges be? I guess really i am asking if a new user like me is likely to need any "Third party data". Thanks in advance for the clarification.
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Some providers like IQFeed for example charge varying prices for their data. You’ll need to check the web page of the desired provider for details.
There's some info on typical data costs in this article:
All About WealthLab Intraday and Realtime Data Providers
All About WealthLab Intraday and Realtime Data Providers
Thank you both. I read all of the material on that post about data providers and I’m still confused about what I need. I’m a total novice in this arena. But I get a sense that if I only want to test my system with end of day data that I don’t need to buy any third party data service. Is that true? And does the free data available through WL still need any extension?
Thanks. Sorry if I make myself look dense, but i would rather look stupid by asking questions than prove I am stupid by not asking. 😂
PS I see TD Ameritrade on the list of data providers but all of my TD accounts got transferred to Schwab. Does that mean that Schwab will be on that list now?
Thanks. Sorry if I make myself look dense, but i would rather look stupid by asking questions than prove I am stupid by not asking. 😂
PS I see TD Ameritrade on the list of data providers but all of my TD accounts got transferred to Schwab. Does that mean that Schwab will be on that list now?
There are many free EOD providers. If you're trading large caps and ETFs, Wealth-Data is all you need. If you back it up with Q-Data, you'll have complete EOD coverage for the U.S. Market. No extensions required.
When we get approved for access to the Schwab API, we'll very quickly have a Schwab extension. You'll be able to get free intraday and streaming with that - and Auto-Trade - when it's available. (Extension required.)
As a newbie, start with the Wealth-Lab University playlist on our https://www.youtube.com/@wealthlab channel.
When we get approved for access to the Schwab API, we'll very quickly have a Schwab extension. You'll be able to get free intraday and streaming with that - and Auto-Trade - when it's available. (Extension required.)
As a newbie, start with the Wealth-Lab University playlist on our https://www.youtube.com/@wealthlab channel.
Thanks again Cone. I appreciate all of that. I’m watching the first video of the Wealth-Lab University now.
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