Rharv is right on the money. I do a lot of MIDI recording. With ASIO drivers and the driver buffers set correctly I get zero latency when recording. I could have 5-20 MIDI tracks playing while recording another MIDI track again with zero latency. I have recorded three MIDI tracks simultaneously with no latency.

If you do not have a sound card with native ASIO drivers then getting one will solve your problem. ASIO4ALL drivers is a hit or miss situation as some people have had some success with them while others were not so lucky. But if your sound card does not have ASIO drivers you way want to try the free ASIO4ALL but a sound card with native ASIO drivers is your best choice.

Good luck.

Whenever I get something stuck in the back of my throat, I dislodge it by drinking a beer.
It's called the Heineken Maneuver.

64 bit Win 10 Pro, the latest BiaB/RB, Roland Octa-Capture audio interface, a ton of software/hardware