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Attachments: MB Trading Futures - Introduction
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MB Trading Futures - Introduction

[quote=fxking;3479389]
Quoting IndyTrader
so does that means MBT will for sure close our position if the margin falls below 50% as required or they will let it 'float' ard that level for a while 1st before closing it? is this the same for small acct and big acct balance?
In most cases, MB will only close part of the position, but its always based on a case-by-case situation. Doesn't matter if the account is big or small.
[quote=jleblang;3487446]
Quoting fxking

In most cases, MB will only close part of the position, but its always based on a case-by-case situation. Doesn't matter if the account is big or small.
And let me clarify. I’m referring to margin close outs in our Desktop (Navigator) products, not MT4. MT4 is third party software which we have white labeled that automatically handles margin in a specific manner. It closes the largest losing position completely when a margin call is created. So for example, let’s say that you have a small trade of 2 minis that you have held for three weeks and are down $1000 on that trade, but you also have a trade of 20 minis (2 full lots) that is newer and only down $300. Your account hits the margin threshold of 100:1. MetaTrader will sell the 2 minis because it is the bigger loser, not because it is the bigger trade. If that doesn’t resolve the margin call (by definition, it has to at least for a bit), then it moves on and sells the next position. It is not capable of closing partial positions to just get you back above the margin threshold.
Justin,

I've noticed something in Live trading that i never noticed in Demo. When I add a 2nd position with a stoploss - the stoploss from my 1st position moves up in line with the 2nd one - so that they are both at essentially the same position. Does this have anything to do with FIFO mods or have i just discovered a new bug in my EA?
hi Justin,

I noticed, that you are in beta testing for web and mobile platform. will these web and mobile platform be available to customers that have live MT4 account or only to those that have live Navigator account?

Regards,
Leeon
Everyone has a plan 'till they get punched in the mouth.
Quoting leeon
hi Justin,

I noticed, that you are in beta testing for web and mobile platform. will these web and mobile platform be available to customers that have live MT4 account or only to those that have live Navigator account?

Regards,
Leeon
For now, only Navigator (now called Desktop) accounts. The MT4 backend isn’t 100% compatible with the more complex order types that we offer.
Did I say January 1st? I meant March 1st. My bad.

www.mbtrading.com
Quoting jleblang
Did I say January 1st? I meant March 1st. My bad.

www.mbtrading.com
Um, what is MBT World?
Quoting jleblang
Did I say January 1st? I meant March 1st. My bad.

www.mbtrading.com
Just curious, do you guys have any plans to add futures trading to your mt4 platform? I've been looking hard, and from what I can tell, all futures trading through mt4 is OTC. Is it something that isn't possible to do? Sure would be sweet if it could happen. Add in forex futures too, and I think you guys would get a lot of new customers. Really would love to see this in the future.
Does MBT's MT4 have charting for the USD index, gold, and oil. I cant seem to find it anywhere.
  • Post #4,950
  • Quote
  • Edited Mar 1, 2010 1:51am Feb 28, 2010 5:33pm | Edited Mar 1, 2010 1:51am
Justin,
Would you mind explaining just WTF happened right here?? I just took a look at my account and was blown away. I watched the instant the market closed on Friday, and now the instant it opened...

Summary:
Friday close is shown with a SL in place (still shown) for order #395127 and now at market re-open I take a 20% account hit with a HUGE gap that blew right through my SL!

*Edited for later Screenshot*

15 minutes LATER, after the market is rebounding and I'm getting some money back, the SL takes effect and I take a 15% account hit.

*edited for later screenshot*

I mean holy shit man! I'm glad I started with a measly $500 to feel this out, because if I had put $5k in there and the system just shit on my investment, I'd be PISSED.

Trust me, I'll still live without the $7x I lost, but this causes serious trust issues with MBT after having my account open for less than a week. Kinda hard to see a long term relationship if this is what I should expect. If you need better screen shots I'll email them to you, but I'd really like to see some resolution here, and I'm sure I'm not the last person you'll hear from.

Mike
Quoting Dego Red
Justin,
Would you mind explaining just WTF happened right here??...
Dude, you're showing your live account number? I mean, really?

So I'm a little unclear. While I can understand not being happy that the order didn't stop you out right away like it should have...the pair moved back up and saved you money before it executed, right? So basically, you're wondering why it didn't trigger right away but you're happy you didn't lose as much, is that the gist?
Quoting wannatradefx
Dude, you're showing your live account number? I mean, really?

So I'm a little unclear. While I can understand not being happy that the order didn't stop you out right away like it should have...the pair moved back up and saved you money before it executed, right? So basically, you're wondering why it didn't trigger right away but you're happy you didn't lose as much, is that the gist?
Looking at other site's charts, the GBP did have a 100 pip drop. That's not MBT's fault. It appears MBT charts opened after the drop happened and it was on it's way back up. The GBP/JPY shows a similar gap and had the same drop.
Quoting Dego Red
Justin,
Would you mind explaining just WTF happened right here?? I just took a look at my account and was blown away. I watched the instant the market closed on Friday, and now the instant it opened...

Summary:
Friday close is shown with a SL in place (still shown) for order #395127 and now at market re-open I take a 20% account hit with a HUGE gap that blew right through my SL!

http://img.photobucket.com/albums/v3...derErrorM1.png

15 minutes LATER, after the market is rebounding and I'm getting some money back, the...
Actually, this isn't the fault of MBT at all. The GBPUSD gapped 100 pips down at the open Sunday. You might want to find out why the order took time to fill, but that only helped you because the GBPUSD was moving back up. You should have been filled at the opening price on the gap down. You understand that the market doesn't have to open Sunday where it closed Friday, right? And I don't think you want to post your account number. Now anyone that can hack FF's database has your name, email, and MBT account number. That's probably more dangerous to you than anything.
Quoting wannatradefx
Dude, you're showing your live account number? I mean, really?

So I'm a little unclear. While I can understand not being happy that the order didn't stop you out right away like it should have...the pair moved back up and saved you money before it executed, right? So basically, you're wondering why it didn't trigger right away but you're happy you didn't lose as much, is that the gist?
First, good call on the acct # (deleted) - that's a habit from work when sending test data across the country. Screen shot, label, send. Kinda etched in my brain and was a little caught up in the SL issue! In 5mo of demo, I've never seen a gap like that between open and close. Not saying it couldn't happen (since apparently it does), but I had personally never seen it. Live and learn I suppose.

I am a little upset about the stop, though. Yes, you're basically right, but the stop finally took place in the middle of an uptrend. While I was already in the hole, I was getting a little back, and then got stopped...that was like insult to injury. Now that I think about it, however, I don't know how the stop would even work in a situation like that; i.e. - when there's no feed from MBT (or its source) to MT4 during close, how would the stop work anyway? Seems like I just got the raw end of a system limitation...

Oh well...I'm over it. It was a cheap lesson to say the least, and one I won't soon forget. I've got two trades running now that have almost put me back where I was, so I'll just take it in stride...
Quoting steve930
Looking at other site's charts, the GBP did have a 100 pip drop. That's not MBT's fault. It appears MBT charts opened after the drop happened and it was on it's way back up. The GBP/JPY shows a similar gap and had the same drop.
Yep, saw that too! I'm pretty bummed about the stop issue, but as I said above, I think I understand why it wouldn't work anyway. Maybe one of the MBT crew can explain...maybe I'm still way off base!

Quoting IndyTrader
Actually, this isn't the fault of MBT at all. The GBPUSD gapped 100 pips down at the open Sunday. You might want to find out why the order took time to fill, but that only helped you because the GBPUSD was moving back up. You should have been filled at the opening price on the gap down. You understand that the market doesn't have to open Sunday where it closed Friday, right? And I don't think you want to post your account number. Now anyone that can hack FF's database has your name, email, and MBT account number. That's probably more dangerous to...
I'm not sure we're on the same page, so I should make sure I was clear in case I'm not understanding you correctly...

I was in a Buy on Friday afternoon, but the market closed before I could close the order. When I saw the open price today that had blown through my stop, well, we covered that. BUT...now that I was already in and the price was moving back up, I was recovering some of the losses...and in the middle of that uptrend, the stop kicked in and I couldn't gain any more back.

Again..it makes sense why the SL didn't work. No more Friday->Sunday trades for this guy.
Was anyone able to log into MBT World or to use MBT web?
My login details dont work in either one

Update: News and Tv on the new MBT navigator also don't work. I guess we need to wait for official opening of the service
Quoting Dego Red
Yep, saw that too!...
The Market gapped your stop......it happens......MT4 sends all orders once triggered as a market order........sometimes MBT takes 5-15 min before the order server is up and running at open(sort of like daily rollover) I imagine that as soon as the order server kicked in you were filled at market.
Justin,

Any news on MBTWorld? Its March, 1st, even in USA now.
There are lots of changes on MBT website, but nothing works so far.
Quoting DrainBamage
Justin,

Any news on MBTWorld? Its March, 1st, even in USA now.
There are lots of changes on MBT website, but nothing works so far.
DrainBamage-

If you are looking for the Web product login, we are in the process of converging the 2.0 and 1.0 servers. You need to contact [email protected] to get your account entitled.

MBT World works for certain logins, but there are some that are having a problem. They are looking into it now and should have it resolved soon. Sorry about the inconvenience if yours is one of the accounts having an issue with World.
Quoting jleblang
DrainBamage-

If you are looking for the Web product login, we are in the process of converging the 2.0 and 1.0 servers. You need to contact [email protected] to get your account entitled.

MBT World works for certain logins, but there are some that are having a problem. They are looking into it now and should have it resolved soon. Sorry about the inconvenience if yours is one of the accounts having an issue with World.
Thanks Justin, hopefully it will be resolved soon
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