NexusFi: Find Your Edge


Home Menu

 


Quotes by TradingView
Go Back   >  Search Forums  > 

Showing results 1 to 9 of 9
Search: Posts Made By: Big Mike
Forum: Traders Hideout April 27th, 2012, 09:43 PM
Replies: 43
Views: 20,810
Posted By Big Mike
Sorry I shouldn't have said broker, but rather...

Sorry I shouldn't have said broker, but rather execution engine -- Rithmic, Zen Fire, TT, etc.

Mike
Forum: Traders Hideout April 27th, 2012, 08:56 PM
Replies: 43
Views: 20,810
Posted By Big Mike
If a market is moving that fast, then you are...

If a market is moving that fast, then you are going to get killed using a client-based cancellation order. At least the broker gateway server should be only microseconds from the matching engine.
...
Forum: Traders Hideout April 27th, 2012, 06:28 PM
Replies: 43
Views: 20,810
Posted By Big Mike
Thanks Ray. I did not mean to imply that profit...

Thanks Ray. I did not mean to imply that profit target and stop loss orders were local. I knew they were at the exchange. But they are not exchange held OCO (instead requires client to be live and...
Forum: Traders Hideout April 26th, 2012, 11:10 PM
Replies: 43
Views: 20,810
Posted By Big Mike
I just mean a non-simulated client side OCO. The...

I just mean a non-simulated client side OCO. The platform may call it OCO, but it is simulated for everything other than IB and TDA based on my understanding.

Mike
Forum: Traders Hideout April 26th, 2012, 11:09 PM
Replies: 43
Views: 20,810
Posted By Big Mike
Going back to post #1 Native exchange OCO is...

Going back to post #1

Native exchange OCO is a nice feature, but it is by no means a disaster preparedness plan.

Things to explore:
1. How fast is your broker able to get you flat in the event...
Forum: Traders Hideout April 26th, 2012, 11:03 PM
Replies: 43
Views: 20,810
Posted By Big Mike
Ray, I am confused. Looking at your...

Ray,

I am confused. Looking at your document:

Where do your orders reside? - NinjaTrader Support Forum (http://www.ninjatrader.com/support/forum/showthread.php?t=5349)

Only TDA and IB are...
Forum: Traders Hideout April 26th, 2012, 11:00 PM
Replies: 43
Views: 20,810
Posted By Big Mike
Not so simple - "trade as usual on...

Not so simple - "trade as usual on NinjaTrader".... well, actually you don't trade at all on NinjaTrader with that solution. NinjaTrader becomes a charting package only, and all trades would have...
Forum: Traders Hideout April 26th, 2012, 10:58 PM
Replies: 43
Views: 20,810
Posted By Big Mike
This is why a quality broker is really much more...

This is why a quality broker is really much more important than a broker that saves you $20 a month on round turns.

Mike
Forum: Traders Hideout April 26th, 2012, 10:57 PM
Replies: 43
Views: 20,810
Posted By Big Mike
Actually it can be worse than that. If you had...

Actually it can be worse than that. If you had orders sitting at the exchange for your Target and Stop, then unless you are using IB then I think for everyone else (?) they are not native OCO, which...
Showing results 1 to 9 of 9

What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

View Results Discuss Poll
 

 
 


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top