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So far so good. I credit a lot of that with my broker, Optimus. I traded 10 contracts in Cl with them a few years ago for a very short period of time and got great fills.. even with that much. Then I did some dumb things..lost quite a bit of money..and decided to start over at 1 contract untill I really felt I knew what I was doing. Hopefully things will go better this time as I work my way back up.
When trading futures, your fills are on a centralized marketplace and should not vary from one broker to another. The only thing that changes on the broker side would be the risk assessment prior to allowing the order to be submitted to the exchange, and it is usually measured in nanoseconds.
You can credit the broker for service, you can even credit them for data if they have their own FCM gateway server, but you shouldn't credit them for fills. This isn't Forex!
Amongst the many things that differentiate one broker from another, the choice of software offered by a broker for use by its account holders cannot be underestimated. Yes the time taken to perform a pre-trade risk assessment is generally insignificant, but it is the total time taken by the software from receipt of an order to its release to the exchange that is often the difference between profit and loss.
Traders who maintain accounts with brokers who are sensitive to the differences in software and offer the use of the faster platforms may find that they do, in fact, get better fills.
Matt
Optimus Futures
There is a risk of loss in futures trading. Past performance is not indicative of future results.
Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
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This is the final recap for my two week experiment in transparency. It was a little bit stressful..knowing I was going to "put myself out there" and show these videos of my recorded sessions. But I wanted to stick to my commitment to post them..regardless if I failed or succeeded.