Hi I wish to know more about Lmax — Can any scalpers or momentum traders share their experience on Lmax's slippage? Are they actually better than MB? Lmax claims that there is no ‘Last Look’ from the liquidity providers. Is this statement ...

LMAX = revolution?!?

MB should seriously consider your proposal! Make the LP's quote "tradable", not just "indicative". I never look into them seriously but you have sparked my interest on them. Thanks.

MB Trading Futures - Introduction

I dont blame MB for the freezing issue because MT4 is not designed for ecn broker. If you had followed the freezing issue on PFL a couple months ago, you will know that MT4 is not designed to handle negative spread and the problem mainly caused by ...

MB Trading Futures - Introduction

Great to hear that. FYI the Free EXN is freezing now, right after the news release of Philly Fed Manufacturing Index. Judging from my tick chart, I suspect the freeze is caused by negative spread again.

MB Trading Futures - Introduction

No it didnt match the freezing time on Free EXN. I have checked both PFL and Free EXN and it happened on Free EXN only. Since the API quote is the quote for PFL therefore I think your quote should be fine when the Free EXN freezed in last 2 days. ...

MB Trading Futures - Introduction

Just like what happened to the MT4 freeze on PFL a few months ago, Justin wont entertain this kind of complaint unless more and more people making noise. Oh ya we should contact their support instead of complain here, but I guess their support will ...

MB Trading Futures - Introduction

Suddenly i encountered a MT4 freeze (Free EXN only but not PFL) in last 20minutes and it is still freezing at the moment of writing. I have witnessed 2 times of freezing this month. Well I guess this is something new again. Justin could you please ...

MB Trading Futures - Introduction

I used to check the connection quality to MB server every day to ensure that latency is in normal stage and no packet losses (You are doom in this game even if you only have 1% of packet losses). However I cannot do it now because you have blocked ...

MB Trading Futures - Introduction

Justin, I believe most of us have a concern that the chance of client-to-client match has reduced significantly since the introduction of Free EXN. Many of us here could feel the difference. We want to earn the spread besides getting paid.

MB Trading Futures - Introduction

Yes all kind of orders have to send to LP's server for execution for unless it is a client-to-client match. What we see in MB is just a 'quote'.

MB Trading Futures - Introduction

Well Free EXN is none better. I was slipped 30pips last week in GBPUSD last week and 15pips in USDJPY today. I guess it is better close all your position before big news announcement. Anyway no complaint from me because i know the risk. But...it is ...

MB Trading Futures - Introduction

Thanks for the link. I didnt aware of the Justin's reply on the spread issue. Now my question is if FREE EXN model has less banks therefore better spread, why not just reduce the number of banks in PFL for a better competition?

MB Trading Futures - Introduction

selected a few LP's to feed liquidity into the Free EXN thereby making them 'try a little harder' to get fills equaling tighter spreads??? This does not sound logic to me because if it is true, why not apply the same trick into PFL plan too?

MB Trading Futures - Introduction

Honestly I completely have no idea why Free EXN plan has lower spread than PFL plan. It just not making any sense at all.

MB Trading Futures - Introduction

not entirely true.

Why isn't trading as easy as this?

Trading is easy when... — ...there is no transaction cost.

Why isn't trading as easy as this?

I was thinking to use binary option to reduce the risk too but I instantly gave up when I notice that the best payout is usually 85% only. I think I may got better chance playing single zero roulette where the house edge is about 3% only.

I need some assistance from the smart people in this forum

Hi Justin, What is the largest lot size I could expect to get filled in ONE price by bank LP if I place a market order in Free EXN Plan?

MB Trading Futures - Introduction

IMHO all systems eventually fail. No matter how many trades in your historical backtest or even live forward test, there is always a market situation that you never encountered therefore make your system fails. Personally I think what really matter ...

statistics and standard deviation

Here is my 2 pips for those mathematical minds. Let me rephrase the question. What is the probability that a losing system (45% win rate with 1:1 RRR) will be in profit after 100 trades? In this scenario we need at least 50 profitable trades in ...

statistics and standard deviation