MB Trading Futures - Introduction | Page 461 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Introduction and trading basics 27 replies

Introduction to Level 2 4 replies

VTTrader: How to Write Your Own VT Indicator Introduction. 0 replies

Interest Rates: An Introduction 0 replies

An introduction to spread betting 0 replies

Attachments: MB Trading Futures - Introduction
Exit Attachments

MB Trading Futures - Introduction

  • #9,201
  • Mar 28, 2012 5:16pm Mar 28, 2012 5:16pm
Quoting cts022
Almost forgot to follow up on this issue. MBT acknowledged that the trade DID in fact execute erroneously and reimbursed me for the difference, executing the trade at the market price rather than the erroneous.

In the end I was fine with the outcome. Only minimal nagging on my part followed by a couple days of research on their end; money posted about a week later.
Ha! I was just thinking about it today as well. My screen recorder failed during trading this AM and stream of thought lead to remembering your issue. Glad it was fixed and thanks for the info. There is still the issue of why the tick was removed from their charts when refreshed...still suspect (note to self to check historical ticks--both my real-time and MBT historical download)...but that is far less critical than fixing trades.

Cheers!
BroncoCap
  • #9,202
  • Mar 31, 2012 9:26am Mar 31, 2012 9:26am
HELLo.

http://mbtrading.com/pricing.aspx

http://i.imgur.com/axrUg.png

?

PP
  • #9,203
  • Mar 31, 2012 1:00pm Mar 31, 2012 1:00pm
Quoting Pawel Pawlak
HELLo.

http://mbtrading.com/pricing.aspx

http://i.imgur.com/axrUg.png

?

PP
Nice Photoshop work. I wish, but that's not what the page shows.
  • #9,204
  • Mar 31, 2012 1:07pm Mar 31, 2012 1:07pm
Quoting IndyTrader
Nice Photoshop work. I wish, but that's not what the page shows.
Funny...although those are the same fees I temporarily saw last month :

http://www.forexfactory.com/showthre...25#post5360025
  • #9,205
  • Apr 1, 2012 3:34am Apr 1, 2012 3:34am
Quoting IndyTrader
Nice Photoshop work. I wish, but that's not what the page shows.
Not photoshop. Seems they changed website just after I took screenshots. Strange.
  • #9,206
  • Apr 2, 2012 8:51am Apr 2, 2012 8:51am
I currently can't place demo orders: "No connection" error.
Anyone have the same problem on a live account?
  • #9,207
  • Apr 2, 2012 8:59am Apr 2, 2012 8:59am
Same problem, but as well on demo. Just finished live chat with a support person. 'We are aware of the problem, the IT-department is working on it'. and 'We test our software updates on demo, so this wouldn't have happend on live'.

Well...

I was virtually today looking at the material for opening the live account, don't know if I should be happy that this happened just now.
Fail better.
  • #9,208
  • Apr 2, 2012 9:01am Apr 2, 2012 9:01am
Quoting Pipsgeek
I currently can't place demo orders: "No connection" error.
Anyone have the same problem on a live account?
was'nt able to connect to mt4 demo last night but desktop pro was still working, Live was most likely up though demo is just something extra they offer and will most like not get support for after hours problems
  • #9,209
  • Apr 2, 2012 9:09am Apr 2, 2012 9:09am
I'm happy enough I'm still getting quotes so that I can write down my trades and continue testing my system.

Of course if I had real money at stake I wouldn't be very happy, hence my question if live was affected.
  • #9,210
  • Apr 2, 2012 9:16am Apr 2, 2012 9:16am
I'm frustrated because I couldn't close a trade that needed 5 days to turn profitable. Now it of course is negative again.
Sure, it's only demo, but I don't understand why they need more than 30 minutes to resolve this issue.
If it 'can't happen' on live, why does it happen at all???
Fail better.
  • #9,211
  • Apr 2, 2012 10:06am Apr 2, 2012 10:06am
Just write down your exit and profit/loss. It's still a profitable trade wheter you write down the exit or actually exit in demo, it should only be frustrating when you actually lose money because of it. Shit happens, and it's much better if it happens on demo.
  • #9,212
  • Apr 2, 2012 10:15am Apr 2, 2012 10:15am
Well, I'm testing the demo of MB to see how they execute, how often I have connectivity issues or sudden gaps (quite often by the way). To see if my trading works I actually use my live account, or another demo.
So, I'm disappointed, especially since the issue still isn't resolved. Almost 2 hours. Can't happen with the live account.... aha.
Fail better.
  • #9,213
  • Apr 2, 2012 11:14am Apr 2, 2012 11:14am
Quoting LarryDarrell
Well, I'm testing the demo of MB to see how they execute, how often I have connectivity issues or sudden gaps (quite often by the way). To see if my trading works I actually use my live account, or another demo.
So, I'm disappointed, especially since the issue still isn't resolved. Almost 2 hours. Can't happen with the live account.... aha.
My worthless two cents--if you are going to trade with MBT, forgo MT4, 90% of the complaints here ultimately relate to that software. Desktop Pro works well, SDK is available if you are an automated trader, and NinjaTrader is also an option. MT4 = headache, and I'm glad I never ventured down that road...

*unless of course you are going for the no-commission route, if so, hope that they get it migrated to Desktop Pro sooner than later!

As for 'sudden gaps', really don't see those and remember, they don't filter/smooth/alter the price feed, what you see is what other MBT traders and LPs provide...part of the system. I had two stops slip over 1p today, first time in a long time...but that's market orders for ya...

Again, just a humble opinion...
  • #9,214
  • Apr 2, 2012 11:31am Apr 2, 2012 11:31am
Quoting BroncoCap
*unless of course you are going for the no-commission route, if so, hope that they get it migrated to Desktop Pro sooner than later!
Could'nt agree more, really like the Desktop Pro platform but dont want to use the pay for limits option. Are they planing on bring the exn to desktop pro?
  • #9,215
  • Apr 2, 2012 1:28pm Apr 2, 2012 1:28pm
All.

When we work on performance updates to our MT4 bridge, we test it first in one of the Demo environments. This weekend, we pushed an update to the FREE EXN Demo only. It has created a problem that the IT department is working on, and it probably won’t be fixed until after today’s rollover. Note that the PFL Demo is still working fine, and it won’t be updated until we’re sure the update is working fine on FREE EXN Demo. Sorry for the inconvenience. Also, you can quickly create demo accounts by logging into our website. It takes only a few mouse clicks. It is useful to have one in each environment. That way, since it is just Demo trading anyway, you can always trade in one of the environments in the rare instances that this occurs. Sorry for any inconvenience.
  • #9,216
  • Apr 2, 2012 1:29pm Apr 2, 2012 1:29pm
Quoting grooler
Could'nt agree more, really like the Desktop Pro platform but dont want to use the pay for limits option. Are they planing on bring the exn to desktop pro?
Grooler,

The EXN is used for both pricing feeds. EXN itself the technology that holds customer limit orders and displays them in the quote feeds and allows customers to hit each other. On the PFL plan, when you use the EXN, you get paid if you are the resting limit orders. On the Free plan, when you use the EXN, you aren’t charged for being either side of the trade.

We do intend to make it available to Desktop/Pro, but it is a massive undertaking and will be some time off.
  • #9,217
  • Apr 3, 2012 2:47am Apr 3, 2012 2:47am
Quoting zznbrm
Funny...although those are the same fees I temporarily saw last month :

http://www.forexfactory.com/showthre...25#post5360025
If that is true, then it's the death of PFL. The term PFL will be marketing buzz, because what would be the purpose of "Pay for limits" if the rate is so low with so high spread. Free EXN (much lower spread) would give better entry with limits than PFL and no fee for market orders. Weird...
  • #9,218
  • Apr 3, 2012 6:57am Apr 3, 2012 6:57am
Quoting jleblang
Grooler,

The EXN is used for both pricing feeds. EXN itself the technology that holds customer limit orders and displays them in the quote feeds and allows customers to hit each other. On the PFL plan, when you use the EXN, you get paid if you are the resting limit orders. On the Free plan, when you use the EXN, you aren’t charged for being either side of the trade.

We do intend to make it available to Desktop/Pro, but it is a massive undertaking and will be some time off.
Can't remember how many times this guy came with the words "massive undertaking", it seems that anything is a " massive undertaking" for MB.

You guys should invest in better coders.

A rock solid platform would attract more traders than pay per limit or small spreads.
  • #9,219
  • Edited 8:24pm Apr 3, 2012 8:31am | Edited 8:24pm
Quoting pavikogm
If that is true, then it's the death of PFL. The term PFL will be marketing buzz, because what would be the purpose of "Pay for limits" if the rate is so low with so high spread. Free EXN (much lower spread) would give better entry with limits than PFL and no fee for market orders. Weird...
Well, I don't really think it would be the death of PFL.

But, it is a bit odd that the alternative fee structure has been "leaked" a few times now with no formal announcement (or even a hint) of its existence.

Justin, are there plans to alter the fee structure for the Pay For Limits plan?
  • #9,220
  • Apr 3, 2012 8:31am Apr 3, 2012 8:31am
Quoting QuadrupleX
A rock solid platform would attract more traders than pay per limit or small spreads.
Exactly how bad is it live (MT4)?
Apart from now I haven't really had much issues in demo, just stupid shit in the beginning like charts getting stuck but since I've reinstalled it seems to be fixed. Once you get past the headache of adjusting to the various issues the platform has it isn't that bad, unless in live it's normal to have trades fail to execute or orders are opened too late, etc.
4 traders viewing now