- Search Metals Mine
- unknown4x replied Jun 1, 2012
Yeah i know that's what i was referring to earlier when i told people to download the lmax api java examples and compare those ticks to the MT ticks which are MUCH slower in fact. Same goes for execution of course. I figured it should not be that ...
LMAX = revolution?!?
- unknown4x replied Jun 1, 2012
Sorry i wrote it in the wrong way maybe. It was not meant to offend you / label you. I was just interested in it and figured why only PM if it is for the good of all.
LMAX = revolution?!?
- unknown4x replied Jun 1, 2012
That slippage would kinda support my suspicion though. MT is crap yes but slippage is not what MT necessarily introduces. That is what the broker defrauds you with and it is the reason for most bucketshops to use MT. They could easily afford a solid ...
LMAX = revolution?!?
- unknown4x replied Jun 1, 2012
Why don't you openly state what you are trying to sell?
LMAX = revolution?!?
- unknown4x replied Jun 1, 2012
As far as i know they just aggregate the usual exchanges like currenex, hotspot, lava etc. I might be wrong though. They have stated a few times though that it is NOT EBS just that it is supposed to be almost identical.
LMAX = revolution?!?
- unknown4x replied Jun 1, 2012
I might sound a jackass now but... how about "Moving Average"

Moving Average That Goes Flat?
- unknown4x replied Jun 1, 2012
Thanks. Well... seems like people like to watch macd instead and hand over their cash to their bucketshops. Always nice that see some people with a bit of brain left for which it is of help though.
Money flows: Trading the strongest / weakest major currency cross
- unknown4x replied May 31, 2012
It makes sense your are just looking at it from the wrong side. A position is not a single fixed good. A position is a mix of two currencies. You long EURUSD you buy euros and sell usdollars (borrow if you account currency is dominated in euro). So ...
Who gets the money from a loss trade?
- unknown4x replied May 30, 2012
That is definitely true of what i have observed with lmax so far. At the beginning i had my api frontend execute each trade as 33% lmax/ib/jforex each. On average lmax was much more on the spot, faster, more profitable. I had way less commission on ...
LMAX = revolution?!?
- unknown4x replied May 30, 2012
Pretty much the same opinion as i stated earlier

LMAX = revolution?!?
- unknown4x replied May 29, 2012
Most of those people don't have a single clue about trading other than how to spell black scholes. It is not unreasonable to think you can outsmart them. Only problem is... they are not your problem.
Time to call it quits
- unknown4x replied May 29, 2012
Not a hell of a lot choices u got there. Multicharts, Ninja etc but i don't like any of those. I have gone down the route of coding my own pricefeed backend that i can feed with various datafeeds and a frontend that does only what i need (specific ...
LMAX = revolution?!?
- unknown4x replied May 29, 2012
Yeah im neither paranoid nor bashing MT. It's just technical facts along with facts of life that no broker will ever do business in your favor otherwise they won't be a broker... As if that was not enough you don't need to give them the perfect tool ...
LMAX = revolution?!?
- unknown4x replied May 29, 2012
That's why i said a few pages back: a broker is a broker... deposit only as little as needed and transfer more on losses and that's why really big brokers like IB are not as bad as they seem with their old tech but transparent filings, decades of ...
LMAX = revolution?!?
- unknown4x replied May 29, 2012
Yes you can get direct lmax access through armada with api etc directly on the lmax servers. Armada acts just as an IB like M6 for Dukas. The requirements don't all apply! The commissions are negotiable and smaller than lmax and the minimum ...
LMAX = revolution?!?
- unknown4x replied May 29, 2012
True. That's why i said keep at least a 2nd proper feed since the lmax feed is ok but nothing to write home about. I disagree on the 2nd. Over the course of many trades you are definitely giving back pips because of latency, MT problems etc. Why do ...
LMAX = revolution?!?
- unknown4x replied May 29, 2012
The bridge is just to lure new inexperienced traders in. Nobody with some experience + cash would ever _execute_ through MT if he had the choice. It provides them with a few small lot counterparties which is what most exchanges grave for to get a ...
LMAX = revolution?!?
- unknown4x replied May 29, 2012
Yes but it has nothing to do with direct lmax access and it is nothing more than MT + another error component aka bridge and still people try to make themselves believe it can compare to direct lmax... All of your errors are bridge / MT problems not ...
LMAX = revolution?!?
- unknown4x replied May 29, 2012
LMAX had no downtime. Since when does LMAX provide MT4? Your bridge IB was down.
LMAX = revolution?!?
- unknown4x replied May 29, 2012
LMAX was not down. Just the supersonic hyperfast (as we have heard faster than light or faster than lmax itself) MT bridge. Somebody with a live account of any of those bridge IBs please report of those gaps get fixed.
LMAX = revolution?!?