 What's happening trader is Alex here and today we're going to be talking about market data because I recently opened a second account with IBKR to separate my day trade from my option trade because I want to focus a bit more on option trading this year. So today I'll be activating my data and I'll show you guys which one I'm actually selecting for my option, but I'll also activate the stock data. So if you're looking to trade stocks or option, we're going to be covering everything you need to know in this video. So I hope you guys are going to enjoy this video. Also all the tools that I'm using to day trade are linked in the description. So don't forget to check them out. Let's get started. So we see over here that we do not have market data on the level two, but we do have it on the time itself. So if we just put a ticker over here to show what I'm talking about, you guys are going to see that everything is printing, but we're not really getting data over here. We're seeing the chart, the market data on the option is lagging, it's about 15 minutes behind. Same thing for the chart. So we're going to be adding data to everything. To do this, we're just going to click over here, subscribe, and it's going to bring us to the market data that we actually need. So we're going to be adding this one. And you guys can see the price. It's only $4.50. It is super cheap compared to other market data. And we'll start with this one. We'll go over the other ones right after over here. They're just validating that we're adding your subscription at $4.50. There's also a 10 bucks for the futures snapshot. And over here, we just need to sign our name and click next. And over here is going to see a big thank you. So we're subscribed. Now we're going to look at what it looks like on our level two to see if we need to add more data or if it's enough. So now we are subscribed and we can finally see some data over here. And we can actually see that the market is actually up to date right now. So the issue that I see over here is when we look at the market data, it is not fully complete because we're not getting ARCA and BATS, which are one of the biggest exchange when it comes to the stock market. So we definitely need to add these to have full market data and add everything we need. Something I realized also is that we do have some option data that is actually coming in for completely free, which is actually pretty good. So I'm pretty happy with that. I thought I would have to fully get the market data for the option, but I'm actually seeing the data when it comes to the level two. So what we're going to do is click subscribe once again. We're going to just go back to the stock to make sure we're getting the right data at first. And we're going to do the same thing. We're going to go subscribe. And now we're going to look for the book that says NYC ARCA book. So this is the one that we want for the moment. So we're just going to click continue. And what we're going to do is click confirm. So we're going to log out from this and see what it looks like now in our level two. So over here, now we see that we have a lot more depth and we can see that we have a lot more market data when it comes to data in our level two. We can always change the color to something that looks better than this. This looks pretty bad in my own opinion. All right. So we're back in TWS. I made a couple of change and we're actually the next day because I had some issue with my camera and microphone. So this part of this video is going to be a little different. So over here, we said the bottom that there's not the subscribe button anymore. So what we're going to do is over account over here and subscribe to market data. And we're going to scroll down until we see it's NASDAQ total view because this is the one we want to add. There's going to be this one over here for 1650. It's going to go down until we click next. All right. So this is now all the data that we're actually getting. So we have the NASDAQ total view. We have the ARCA book. And we also have this one over here and this one, which is going to be waived if we trade for more than 30 bucks of commission, which is for sure going to happen. So now we're back in TWS and we can see that we have ARCA bats and we also have some NASDAQ data that we didn't have before. So we're fully complete when it comes to stock. So now we're going to be looking at the option to see what we really need for the option data to be fully complete. All right. So we finally got to the additional option data over here. It would be the NYC ARCA option. Something I realized is with the first bundle, it actually gave us Oprah, which is the level one for option data. And I wanted to trade option and I still want to trade option, of course, but what I really want is sell option. So when I'm selling option, I pretty much just need level one because I need to see the active price of the stock, how much open interest there is, volume and all of that stuff. And the closest bid and the ask to know at what price I'm going to get executed and actually don't need more that I think what I did is actually think like a trader that's going to trade and really look at the bid and the ask and I wanted more data, but I actually don't. So what I'll do is I'll just subscribe to this for now and I'll leave a comment down in the description if I decide to add data. And also, let me know what kind of data package do you have if you're using IBKR because I would love to know because that seems pretty cheap for market data. It costed something like 20 bucks, 25 bucks for everything. And it's a pretty good deal compared to that straighter and sterling trader pro, which costs like hundreds of dollars. Let me know what you think of this video. I hope you enjoy all the tools I use to date rate or link in the description. Thanks for watching. Peace.