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MB Trading Futures - Introduction

  • #7,941
  • Aug 17, 2011 7:34pm Aug 17, 2011 7:34pm
Quoting IndyTrader
Yeah, that's a great idea:

http://forexmagnates.com/lmax-takes-...-million-loss/
Oanda then
  • #7,942
  • Aug 17, 2011 10:51pm Aug 17, 2011 10:51pm
Quoting jtbfx
Justin,

Is there any chance that MB Trading would consider changing to servers that use an NYC close? What I mean by that is for instance the 4 hour candles close at 9AM, 1PM, 5PM (NYC Time) etc. Why do certain brokers use different close times. It sounds like many institutional traders trade of that specific close. Any insight would be helpful. I currently use the FxPro demo for my charting (because they use this close) and enter orders though MBTrading.... I like MBTrading but would love to be able to use the MT4 charts so thought I would...
They had been rumored to be switching to GMT +1 or something a month or two ago to make the charts line up as 5 equal days of the week, but I never saw any follow through.
  • #7,943
  • Aug 18, 2011 6:41am Aug 18, 2011 6:41am
Quoting torroray
Oanda then
Sure.

http://www.forexfactory.com/showthre...41#post4876541
  • #7,944
  • Aug 18, 2011 6:53am Aug 18, 2011 6:53am
Quoting jleblang
FYI - www.mbtrading.co.uk is now active.
Is the UK based operation still considered to be in 'beta' testing mode?
  • #7,945
  • Aug 18, 2011 7:14am Aug 18, 2011 7:14am
Wow. The dirrerence between their MT4 chart pricing and the Pro platform was as much at 12 pips. WTF is going on here? It sure makes trading difficult. And spare me the explanation of liquidity. That doesn't have a thing to do with it. Those prices should be the same. Been using them for years and find this very frustrating. It's not a slippage issue, it's the inability to make a decision due to the huge discrepancies.
  • #7,946
  • Aug 18, 2011 8:26am Aug 18, 2011 8:26am
Quoting E-Money
Wow. The dirrerence between their MT4 chart pricing and the Pro platform was as much at 12 pips. WTF is going on here? It sure makes trading difficult. And spare me the explanation of liquidity. That doesn't have a thing to do with it. Those prices should be the same. Been using them for years and find this very frustrating. It's not a slippage issue, it's the inability to make a decision due to the huge discrepancies.
Has nothing to do with liquidity. They both execute through the same systems. It has to do with quote servers and the way Pro charting is rendered.
  • #7,947
  • Aug 18, 2011 8:28am Aug 18, 2011 8:28am
Quoting E-Money
Wow. The dirrerence between their MT4 chart pricing and the Pro platform was as much at 12 pips. WTF is going on here? It sure makes trading difficult. And spare me the explanation of liquidity. That doesn't have a thing to do with it. Those prices should be the same. Been using them for years and find this very frustrating. It's not a slippage issue, it's the inability to make a decision due to the huge discrepancies.
E-Money,

I am using them both and have not noticed the difference, although I have had plenty of time to miss it. Could you point out a time when it happened so I can see if it is the same with mine?

Toad
  • #7,948
  • Aug 18, 2011 8:34am Aug 18, 2011 8:34am
Quoting yabab
Is the UK based operation still considered to be in 'beta' testing mode?
Yabab - we are out of beta, here is the official Press Release
  • #7,949
  • Aug 18, 2011 8:37am Aug 18, 2011 8:37am
Quoting E-Money
Wow. The dirrerence between their MT4 chart pricing and the Pro platform was as much at 12 pips. WTF is going on here? It sure makes trading difficult. And spare me the explanation of liquidity. That doesn't have a thing to do with it. Those prices should be the same. Been using them for years and find this very frustrating. It's not a slippage issue, it's the inability to make a decision due to the huge discrepancies.
By the way, no matter how long I stare at the MT4 chart next to the Desktop Pro chart, they always show the same data. I've heard that there is a rendering issue, it has been discussed on these forums, and I don't really stare at MT4 all day anyway, but I really can't see this issue you guys keep having with their charts.

See attached.
Attached Image (click to enlarge)
Click to Enlarge Name: charts_eur_sidebyside.png Size: 39 KB
  • #7,950
  • Aug 18, 2011 9:00am Aug 18, 2011 9:00am
Quoting roldreth
Justin,

Is it possible to hedge in the UK version of Desktop Pro?

thx
what about hedging in the UK version of Desktop Pro?
"hey hey what can I do"
  • #7,951
  • Aug 18, 2011 9:18am Aug 18, 2011 9:18am
Quoting roldreth
what about hedging in the UK version of Desktop Pro?
I doubt that would be possible. Desktop Pro averages costs, MT4 keeps separate positions.
  • #7,952
  • Aug 18, 2011 9:41am Aug 18, 2011 9:41am
Quoting IndyTrader
I doubt that would be possible. Desktop Pro averages costs, MT4 keeps separate positions.
so, there is nothing special in the fact of new MBT division in the UK for Desktop users...
"hey hey what can I do"
  • #7,953
  • Aug 18, 2011 11:55am Aug 18, 2011 11:55am
Quoting roldreth
so, there is nothing special in the fact of new MBT division in the UK for Desktop users...
I would think 100:1?
  • #7,954
  • Aug 18, 2011 2:01pm Aug 18, 2011 2:01pm
Quoting IndyTrader
I would think 100:1?
sometimes it's useful, that's true, but as long as your risk per trade do not exceed ca. 1,5% 50:1 is aceptable, in my opinion at least
hedging & 100:1 that would be the kicker
"hey hey what can I do"
  • #7,955
  • Aug 18, 2011 2:17pm Aug 18, 2011 2:17pm
Quoting toadkelly200
E-Money,

I am using them both and have not noticed the difference, although I have had plenty of time to miss it. Could you point out a time when it happened so I can see if it is the same with mine?

Toad
It was right around the 9 am hour. Just before my post. The mt4 froze and the pro was jumping down. It might have been one of those things you have to see when it happened. eventually it shows the right candle. However, when trading, and watching the chart, and it freezes, and your pro platform is going wild, something is wrong. I don't buy the explanation of some server method with pro. I also had IBFX charts up and they worked just fine. The issue is with them.
  • #7,956
  • Aug 18, 2011 2:20pm Aug 18, 2011 2:20pm
Quoting IndyTrader
By the way, no matter how long I stare at the MT4 chart next to the Desktop Pro chart, they always show the same data. I've heard that there is a rendering issue, it has been discussed on these forums, and I don't really stare at MT4 all day anyway, but I really can't see this issue you guys keep having with their charts.

See attached.
The issue was not with the two charts. It was between mt4 freezing and the execution window where the price is displayed was going crazy. not the chart on the pro platform. That is where the issue is.
  • #7,957
  • Aug 18, 2011 7:11pm Aug 18, 2011 7:11pm
It happened 2 time to me in last 10 days when i click close position it give me off quote but position close
Later when day end i found Account Balance correction and my profit add to my account
Thanks for correction but Why it's happen?
  • #7,958
  • Aug 18, 2011 9:32pm Aug 18, 2011 9:32pm
Quoting egkid
It happened 2 time to me in last 10 days when i click close position it give me off quote but position close
Later when day end i found Account Balance correction and my profit add to my account
Thanks for correction but Why it's happen?
You know that "OffQuotes" when you close a position that closes anyway just means that you got filled in more than one piece coming out of the trade, right? Doesn't mean anything is wrong. In other words, if you have a 10 lot position and it fills 5 and 5, Meta is dumb and says "OffQuotes" and only shows the 5 until you refresh or open/close. But the execution is fine and the OffQuotes means nothing.
  • #7,959
  • Aug 19, 2011 2:49am Aug 19, 2011 2:49am
Maybe it's only me, but I noticed Desktop Pro are always getting stuck between 4am and 6am NY time. Right now it is 05:45am and I can't load any chart for an hour already.

Just a bit of info for MBT developers.

Plamen

p.s. The attached screen is the one i am staring almost an hour for now :-) I didn't change currency on purpose, just to see how long it would take to load.
Attached Image (click to enlarge)
Click to Enlarge Name: mbtcharts.jpg Size: 240 KB
Bah...
  • #7,960
  • Aug 19, 2011 1:25pm Aug 19, 2011 1:25pm
Quoting torroray

You are right but small trader are attracted to MBT because they want to try out an ECN broker. They just can stay with Oanda or open with LMAX
Or they can get a job (or second job) and save up some money. Christ we are talking about a mere $200. He should ask his ask Mom, maybe she will lend him the extra cash. This is ridiculous.
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