Phanti/Jonas - I don't want to pick your first post apart but I disagree with the above quoted point. People have been conditioned in to thinking they should be risking a little to make a little and be happy with a 1-4% gain a month; I read so much ...

Phanti's 1-year flashback + guideline for newcomers

The 'Holy Grail' is consistency. /the end

The Holy Grail - Found

That's common practise, in fact isn't it an FSA (UK) requirement these days? I used to hedge on a separate platform but now I avoid hedging entirely and just reverse my position and then reverse again.

LMAX = revolution?!?

Can you give us an example of your hedging position?

LMAX = revolution?!?

The way I believe it works is based on the margin and your account currency. So, if you're working in GBP £ and buy 10 contracts of EUR/USD, your margin is currently £887 with the GBP trading at 1.5697 to the USD $. If you held the position over ...

LMAX = revolution?!?

It's likely that they themselves are charged a license fee for users so they're just passing it on.

LMAX = revolution?!?

Sorry I never hold trades over night so have no real life examples! Do you have the formula for rollover, I can help you work it out?

LMAX = revolution?!?

1$ per pip / 10,000 notional / 1 mini lot/contract. I believe the rollover is charged based on the exchange rate at the time of the sweep (7-8 AM GMT), this can work for or against you depending on the how the currency moves. In reality unless ...

LMAX = revolution?!?

Actually that's one thing I neglected to mention. I have NEVER had a single issue placing or closing an order and I've placed over 300 trades with LMAX this year. I'm not sure there are many other platforms out there where you could say the same, ...

LMAX = revolution?!?

I've asked them for a 'default' button to save your lots/contracts, tp and sl settings. Hopefully they'll implement it.

LMAX = revolution?!?

I have a Currenex 50k deposit account, in fact I had two at one point, and whilst I really like the feel and features of the feed and platforms offered, for the capital outlay they don't represent value for money. LMAX is like a stripped down ...

LMAX = revolution?!?

That's true, in the early days I chased them quite a bit to implement Stop-Limit orders.

LMAX = revolution?!?

Instead of setting a stop on the ticket, place a separate limit order as your stop. Doing so will guarantee the price of your stop but not your fill.

LMAX = revolution?!?

I've sent you a PM, let me know if you can reply to it.

LMAX = revolution?!?

They have both STOP and LIMIT orders (and market of course). You can protect your positions with stop market and stop limit, market will obviously will fill regardless and may slip (the most I see 1 pip, typically it's 0 to 0.3 pips) the other will ...

LMAX = revolution?!?

Bare in mind they work in minis (10,000), so it's only 25 full lots.

LMAX = revolution?!?

There's a swap/sweep the next day where it converts your trades back in to your account currency. That's the figure that shows the gross P/L, the others can be ignore in your P/L calculations. I run a trading company so it's a ltd (UK), after ...

LMAX = revolution?!?

Try using - My Account > Account Transactions > Download History. That's the one I use, it's a more accounting friendly data set than the Order History. I have several large screens so never needed to resize the quick ticket, that'll be why I've ...

LMAX = revolution?!?

I can resize windows in Chrome and Firefox (I don't use IE), the stop and limit order placement works perfectly for me - I don't understand why you're having a problem with it? There are two methods of extracting accounting information and each ...

LMAX = revolution?!?

I agree to a certain degree. I've never understood why people wan to use MT4. Is it because of the EA's that automate your trading? Yeah because robots are known to make you money... ! I would MUCH prefer a bespoke platform specific to the broker, ...

LMAX = revolution?!?