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MB Trading Futures - Introduction

  • #2,281
  • Jul 14, 2008 12:46am Jul 14, 2008 12:46am
The "remote trader" beta is now available for live account. I do have a live account with EFX/MB Trading so I have tried it. To me, it is simply a web version of navigator, the layout, functionality are pretty much the same except there is some charting feature.

However the charting only have very limited set of indicators, to make things worst, the chart data does not go back for a few days. I have never seen a charting package does not have historical data. I hope this is temporarily until the next version come out as this is still a 'beta' platform. Overall I am very disappointed with what I see so far in 'remote trader'. I am still using Navigator to trade.
  • #2,282
  • Jul 14, 2008 2:54am Jul 14, 2008 2:54am
Hi Justin,

I sent this enquiry to you via email three times now but still have not had a reply. I assume it is because you had a lot of emails to go through after your break... So, I am trying to get an answer in here instead....

1. I would like to set up a second account with you, so that I can trade the same currency pair in opposite directions. Do I have to go through all the red tape again I went through when I first joined EFX or can you just give me a seperate user name/log in identity?

2. I can not figure out how to look up my past orders. On Orderbook, all I get it the same day's trade, but I need to see what happened last month, plus I would like to keep track of your commissions/overnight charges. Can you please tell me if this function exists on Navigator?

I am looking forward to your reply.
  • #2,283
  • Jul 14, 2008 3:26am Jul 14, 2008 3:26am
http://www.cvreefers.org/images/smilies/woot2.gif
If I Go Broke Trying Then I Will die happy.
  • #2,284
  • Jul 14, 2008 5:46am Jul 14, 2008 5:46am
Anyone having trouble connecting to the order server right now?
Leonardo Follower
  • #2,285
  • Jul 14, 2008 5:49am Jul 14, 2008 5:49am
Quoting shodd
Anyone having trouble connecting to the order server right now?
no do you use new version update one ?(do not use it) use old one and you won`t have any problems .;]
  • #2,286
  • Jul 14, 2008 10:56am Jul 14, 2008 10:56am
Quoting sybarite
Hi Justin,

I sent this enquiry to you via email three times now but still have not had a reply. I assume it is because you had a lot of emails to go through after your break... So, I am trying to get an answer in here instead....

1. I would like to set up a second account with you, so that I can trade the same currency pair in opposite directions. Do I have to go through all the red tape again I went through when I first joined EFX or can you just give me a seperate user name/log in identity?

2. I can not figure out how to look up my past orders. On Orderbook, all I get it the same day's trade, but I need to see what happened last month, plus I would like to keep track of your commissions/overnight charges. Can you please tell me if this function exists on Navigator?

I am looking forward to your reply.
I responded via email....please check your spam box. I responded last 7/11/08 around 8:30am.
  • #2,287
  • Jul 14, 2008 12:12pm Jul 14, 2008 12:12pm
Quoting Razorman
You said the only thing you can do is take orders over the phone, why then when that problem happened where you not answering you phones for 45 minutes?

Also you did not answer the first question at all. If a person wants to exit a position and he can't log into your platform and you are not answering your phones what the hell is he gonna do to prevent further damage to his account.

Quote:
"Other example, of course, was the issue that we had on NFP last Thursday. In that case, a new bank in our system, hit with heavy volume for the first time, caused a bunch of issues. Orders got stuck, the system was affected, etc.:

HOW EXACTLY DOES A BANK GET HIT WITH HEAVY VOLUME FOR THE FIRST TIME?

are you expecting us to believe that a bank did not test their software for weaknesses and potential problems? A bank that deals with millions of dollars was somehow hit for the very first time with heavy volume and it just crashed. Were the software designers absolute morons as to not foretell possible bottleneck problems. This is a bank that deals with people's money not some video game. Every software before put on the market is vigorously tested for problems. Don't tell me u can't test volume
that is a lie. It's an electronic system and all electronic systems can be tested to their limits.

No one is blaming you for isp problems or some router that went out in europe or anything like that. What people want to know is why u were no where to be found when this happened.

Quote:
"nor can we guarantee the pieces downline from us to the liquidity providers"

so what can you guarantee?

Start by answering the first question directly. What happens when the customers can't reach u over the phone and they have orders that need to be closed?
Razorman ~

Obviously, if you can’t get through to us on the phone, you can’t place an order. Maybe the thousands of traders calling in is the reason we had a 45 minute wait on the phones.....?

And actually, yes, that is exactly what I’m saying and expecting of you. Many of the largest banks out there are just beginning to integrate their liquidity in the FIX network. If all banks already did this, there wouldn’t be a need for pipelines like Currenex, etc.
  • #2,288
  • Jul 17, 2008 7:03am Jul 17, 2008 7:03am
JleBlang,
I am having some problems with your software regarding limit & stop order.
See the screenshot in which i am short in G/J but dont know where & how to place limit & stop order after my position is in the market. Is there any way to set limit & stop order after my position is open & in the market???
I didnt read this whole thread Yet.
Thank's
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  • #2,289
  • Jul 17, 2008 7:15am Jul 17, 2008 7:15am
To add a protective stop order and a profit target order to your short position, you would use a Buy TTO order with the upper limit price being your stop level and the lower limit price being your target. If you exit the position manually with a market order, don't forget to cancel the TTO order too, or you will end up with an unwanted position when it triggers.
  • #2,290
  • Jul 17, 2008 11:44am Jul 17, 2008 11:44am
Umairs,

Shrike is correct.

You'll want to add a TTO to your already existing position. You'll see in my screenshot I add a separate order window (specifically TTO) in my positions window.

1. Right-click in the positions window and select Show Order Entry.

2. Once the Order Entry window appears, right-click again and select template, TTO.

3. Set Upper and Lower trigger based on current position (long or short). If you are long, you'll sell the TTO. If you are short, you'll cover the TTO.

Save your layout to keep changes.
Attached Image (click to enlarge)
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  • #2,291
  • Jul 17, 2008 12:47pm Jul 17, 2008 12:47pm
Quoting jleblang
Umairs,

Shrike is correct.

You'll want to add a TTO to your already existing position. You'll see in my screenshot I add a separate order window (specifically TTO) in my positions window.

1. Right-click in the positions window and select Show Order Entry.

2. Once the Order Entry window appears, right-click again and select template, TTO.

3. Set Upper and Lower trigger based on current position (long or short). If you are long, you'll sell the TTO. If you are short, you'll cover the TTO.

Save your layout to keep changes.
Thank's Jleblang
You seems to me in a great role here in this thread. I,ll keep in touch with this thread, incase if i feel any problem again regarding this software. Thank's Again
  • #2,292
  • Jul 17, 2008 9:08pm Jul 17, 2008 9:08pm
Quoting Umairs2004
Thank's Jleblang
You seems to me in a great role here in this thread. I,ll keep in touch with this thread, incase if i feel any problem again regarding this software. Thank's Again
You're welcome....good luck.
  • #2,293
  • Jul 18, 2008 3:40am Jul 18, 2008 3:40am
i am using your software mb trading demo and using the charts fine for the last few days. But since 2 hours today morning the candle is just showing one price 1.5846 on different time frames. Pls tell me what the problem is.
Thanks
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  • #2,294
  • Jul 18, 2008 11:03am Jul 18, 2008 11:03am
Quoting bksujal
i am using your software mb trading demo and using the charts fine for the last few days. But since 2 hours today morning the candle is just showing one price 1.5846 on different time frames. Pls tell me what the problem is.
Thanks
bksujal,

I can look into this, but if you have problems with your charts in the future, please contact [email protected] as we only connect to the charting services via our api and do not support them directly.
  • #2,295
  • Jul 18, 2008 11:43am Jul 18, 2008 11:43am
Quoting jleblang
bksujal,

I can look into this, but if you have problems with your charts in the future, please contact [email protected] as we only connect to the charting services via our api and do not support them directly.
thanks
  • #2,296
  • Edited 6:50am Jul 19, 2008 2:55am | Edited 6:50am
Hi Justin
I Have Noticed That If I go long/Short Respectively with any Pair than I pay $5 commission, now if I want to close it do I have to pay $5 again? Dont You think there is no difference left between an ECN & A Bucket Shop Broker?
Both are charging almost the same i guess? Commission/Spread's ???
Only Oanda seems good with very tight spread & with no commission also?
Thanks
  • #2,297
  • Jul 19, 2008 3:57pm Jul 19, 2008 3:57pm
Umairs,

This questions has been answered 10000 times before. Please take 2 min of your time to search the thread. You will be surprised what has already been discussed.

Quoting Umairs2004
Hi Justin
I Have Noticed That If I go long/Short Respectively with any Pair than I pay $5 commission, now if I want to close it do I have to pay $5 again? Dont You think there is no difference left between an ECN & A Bucket Shop Broker?
Both are charging almost the same i guess? Commission/Spread's ???
Only Oanda seems good with very tight spread & with no commission also?
Thanks
  • #2,298
  • Jul 20, 2008 3:06am Jul 20, 2008 3:06am
What he means is click the thread tool "Search This Thread" and enter a search term - i.e commissions. Of course some would rather sit and wait to be hand fed than to do the work themselves. It does appear that Justin encourages this though - probably to show how customer focused they are. Which is a good thing; unless it dulls your natural sense to investigate.



Quoting Umairs2004
It will not take just 2-Minutes to read the whole thread. Anyway's anyone who will be new to this thread will keep repeating the same question. I Guess if you post here with the excat answer than it might be appreciated much instead of your this post.
Attached Image
In trading, there is no bullshit. You either make money or you don't.
  • #2,299
  • Jul 20, 2008 3:14am Jul 20, 2008 3:14am
Quoting mrgreen
What he means is click the thread tool "Search This Thread" and enter a search term - i.e commissions. Of course some would rather sit and wait to be hand fed than to do the work themselves. It does appear that Justin encourages this though - probably to show how customer focused they are. Which is a good thing; unless it dulls your natural sense to investigate.
Ah My Appologies. Thank's for clarifaction Guy's
  • #2,300
  • Jul 20, 2008 3:32am Jul 20, 2008 3:32am
Quoting mrgreen
. It does appear that Justin encourages this though - probably to show how customer focused they are. Which is a good thing; unless it dulls your natural sense to investigate.
Thanks to the efforts of Justin & Efx Group. They are doing very well here in this thread. I consider this thread as a kind of customer service thread by EfxGoup. Also you know their Nevigater is Preety Tough to handle for a new user, not user-friendly So Dosent matter What kind of question's even basic questions you are asking about their S/W or related things here & also that is why this thread is all about.
Anyways thanks again Guy's
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