Wednesday, July 31, 2013
New Broker and Data Feed....
Several people have asked why I havent been updating the blog. The answer is that I was in the process of setting up a new brokerage account. As of today my new account is funded and ready to go so new videos will start again very soon. My plan is to test the 3 prominent data feeds and see which gives the best fills and also to test out several brokers to see how they measure up against one another. So far i've only reviewed global, which can be viewed in the broker review section, but the progressive review will be up in about 3 months. Until then you can watch the upcoming videos to see how my fills are in comparison to global. Thanks and take care.
Friday, July 12, 2013
*JOBB FINAL REVIEW*
JOBB FINAL REVIEW
Well my 3 months are up and its time to show how the system did for me. This will be a very honest review as I know that's what people expect. Use the link below to get your 30 day trial of JOBB. Once you get signed up we can talk thru skype or email and I can help you setup the software and answer any questions.
Global Futures Review
GLOBALFUTURES.COM - Finally my
3 month testing period has ended and I can now provide an accurate
review of Global. To start off with i'd like to say I had a great
experience with this company.
Margins: Global has some of the best margins i've seen. S&P emini margin is only $400 and in fact none of the margins for emini's are above $500. The Australian Dollar (6A) is only $500 and so is Natural Gas and Japanese Yen. They even have a program that offers $300 emini margins tho I didnt go for it.
Opening Account: It took me about 2 days to open an account with global. They told me I was approved to open an account the day I submitted my application and I had funding instructions which I used the next day. I chose to wire my funds in and my account was funded the same day. The application was similar to any other companies and wasn't any longer or shorter.
Customer Support: Once you visit the global website you'll notice the online chat link. I love companies that offer this service. I prefer to chat than call for convenience and getting questions answered is very easy. There is also a phone number at the very top of the page, and yes they do offer 24 hour customer support so there's no reason you wont be able to get your questions answered. Lastly email support is also good, I usually get a response same day, often within an hour. I've asked plenty of random questions and they always try to find the answer for me.
Withdrawals: I personally have only withdrawn by having a check mailed, which only took 5 days to arrive from the day I submitted for the withdrawal. I chose not to use wire transfer mainly because I didn't wish to pay the fee and also because I don't mind waiting.
Final recommendation: Well I hope this bit of info was informative to someone. The last thing I can say is I would HIGHLY recommend this company to anyone especially spike traders. They have great customer support, great margins and I get great fills. What more could a trader ask for. The link below is for a demo account so you can test things for yourself. Good luck.
http://www.globalfutures.com/platforms/platform-demo.asp?platform=ninjatrader&df=nt_cqg&refid=TRLL&broker=45
This review can also be viewed with many others on the broker reviews link to the right.
Margins: Global has some of the best margins i've seen. S&P emini margin is only $400 and in fact none of the margins for emini's are above $500. The Australian Dollar (6A) is only $500 and so is Natural Gas and Japanese Yen. They even have a program that offers $300 emini margins tho I didnt go for it.
Opening Account: It took me about 2 days to open an account with global. They told me I was approved to open an account the day I submitted my application and I had funding instructions which I used the next day. I chose to wire my funds in and my account was funded the same day. The application was similar to any other companies and wasn't any longer or shorter.
Customer Support: Once you visit the global website you'll notice the online chat link. I love companies that offer this service. I prefer to chat than call for convenience and getting questions answered is very easy. There is also a phone number at the very top of the page, and yes they do offer 24 hour customer support so there's no reason you wont be able to get your questions answered. Lastly email support is also good, I usually get a response same day, often within an hour. I've asked plenty of random questions and they always try to find the answer for me.
Withdrawals: I personally have only withdrawn by having a check mailed, which only took 5 days to arrive from the day I submitted for the withdrawal. I chose not to use wire transfer mainly because I didn't wish to pay the fee and also because I don't mind waiting.
Final recommendation: Well I hope this bit of info was informative to someone. The last thing I can say is I would HIGHLY recommend this company to anyone especially spike traders. They have great customer support, great margins and I get great fills. What more could a trader ask for. The link below is for a demo account so you can test things for yourself. Good luck.
http://www.globalfutures.com/platforms/platform-demo.asp?platform=ninjatrader&df=nt_cqg&refid=TRLL&broker=45
This review can also be viewed with many others on the broker reviews link to the right.
Thursday, July 11, 2013
7/11/13 +237.50 (WASDE *LIVE*)
Wednesday, July 10, 2013
ZB NFP Error Fix
Well I promised several people i'd post the reply that I received from my broker about why I didnt get filled on the last NFP. I'm not really sure if their solution will fix the problem but the answer is below. Hope it helps.
______________________________________________________________
This order was most likely placed as a stop limit order.
These are separate than stop orders. A stop limit order should not be submitted in place of a stop order.
To understand how this was placed as a stop limit order, I would need to see exactly how the order was placed.
I
believe the client used a break out bracket can you explain if the stop setting
in dom properties will help ensure it is a stop that is used instead of
stop-limit? See the pic below should I have him change that to true?
Thank you for the screenshot.
With the current setting in the screenshot a stop limit order will be used as the stop loss and not a stop market order.
This will need to be set to true for the stop loss to be a stop market order.
Please let me know if this does not resolve your inquiry.
This order was most likely placed as a stop limit order.
These are separate than stop orders. A stop limit order should not be submitted in place of a stop order.
To understand how this was placed as a stop limit order, I would need to see exactly how the order was placed.
____________________
Hello,
Thank you for the screenshot.
With the current setting in the screenshot a stop limit order will be used as the stop loss and not a stop market order.
This will need to be set to true for the stop loss to be a stop market order.
Please let me know if this does not resolve your inquiry.
Friday, July 5, 2013
7/5/2013 NO TRADE (NON Farm Payroll)
Well, there's not much to say about this. Ive contacted my broker to see what caused it so ill be waiting for a reply and once I have it ill post it here. This moved 48 ticks in 5 seconds and could of been a great trade. But its better to get a no trade than a losing trade so I wont complain. Ill update once I find out what happened.