My Interactive Brokers Trader’s Workstation workspace / configuration

Like how my workspace on Interactive Brokers Traders Workstation (IB TWS) looks? Why not download it and try it out yourself? This includes all my settings including order defaults and display setting. Keep in mind that I have optimized it for my trading style and my monitor size (22″, 1900 x 1280). Let me know what you think if you give it a try. Also, please be aware that I have certain order presets (such as discretionary amount) that are not suitable to most traders. Please use this workspace only to see how I have it configured and to get ideas for your own workspace. Do not just load it and trade with it, not knowing all the presets I have. One preset I have is to have a ‘discretionary’ amount of 3 cents, such that the software will try to fill any limit orders 3 cents beyond the limit. Due to changes in IB’s software I do not think it is now possible to remove that setting.

GoodeTWS3-5-2012.xml (1.2 megabyte configuration file; Right click and save the file to your desktop, then in TWS go to File -> Restore Settings and select this file)

Disclosure: No positions in any stock mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.

6 thoughts on “My Interactive Brokers Trader’s Workstation workspace / configuration

  1. Thanks Reaper. I am relatively new to IB right now, doing a lot of experimenting. This will help a lot. I find IB to be a tad awkward and ugly at first, but the more I work with it, I can see it clearly has capability and strength. You just have to take the time to learn what you’re doing, and how to get the best use out of the many options available.

  2. I am following your video messages, and has long been fascinated by your IB configuration. Thank you for xml.

  3. Thanks for sharing your settings. Maybe a good idea for a post would be to walk through your settings page by page, I would definitely find it useful and others searching for IB trader workstation settings would as well. Even a brief overview of the pages and their functions for you as a trader would be helpful

    1. Travis – the problem is that it has been years since I set up my TWS so it would take significant time for me to figure everything out again. Considering the small amount of time I am currently dedicating to blogging, that will not happen.

  4. Hi Michael, I would like to let you know how grateful I am for the education that you are sharing. I wish you and your kind.. with the likes of Tim Sykes, Tim Grittani.. the new breed, the awesome good guys of wall street. Too cool. 1 Indonesian word for all the description: keren. God bless you and what you do.

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