No it¡¯s not an error, it¡¯s just an information message. It should be pretty clear if a message in the logfile relates to an error.
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You can see such an error at 2022-11-30 21:26:29:870 in the logfile. It can¡¯t find one of the TWS files that should be in the C:\Jts\1019\jars. In fact I can tell from the file that the following program files are missing from that folder:
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C:\Jts\1019\jars\jts4launch-1019.jar
C:\Jts\1019\jars\jxbrowser-7.26.jar
C:\Jts\1019\jars\jxbrowser-swing-7.26.jar
C:\Jts\1019\jars\jxbrowser-win64-7.26.jar
C:\Jts\1019\jars\total-2020.jar
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So that¡¯s why the error message says that ¡®TWS is not correctly installed.¡¯. I¡¯ve no idea how things could get into this state, but what you need to do is to re-install TWS 1019, and then all should be well.