got the broker blues, need help
So as I mentioned before I left TOS because of their horrible lags and occasional issues where it would freeze and not let me cancel out an order for minutes at a time.
So I transferred to Open E Cry, I like the platform but there have been some disturbing things here as well. There is double margin requirements on bracket orders which is a pita. The main issue though is that sometimes stops are not honored. I use bracket orders exclusively and OEC's system is a little backwards imo. Lets say you get filled on the first side of your bracket order, next thing logically is that the bracket should be active and the stop should be protecting your position, but what happens is if price jumps past the stop before the bracket technically goes into working mode the entire bracket gets rejected! So within a few seconds you can end up in a very bad trade with no protection.
So now I am having second thoughts about OEC, , if the stop is "jumped" before it has time to be active then I want the system to liquidate at market plain and simple. Sheesh the whole point of a stop is to do just that but somehow OEC thinks otherwise.
What I really need is a solid platform and broker that ALWAYS honors stops, none of this bs 'your stop was rejected because our system is too slow or poorly programed' crap. I'd like a good futures broker with a free platform that has bracket orders and is super solid. The more scalper friendly the better! Please fellow tight stop traders help me out and point me in the right direction to a better company.
-Popstocks
So I transferred to Open E Cry, I like the platform but there have been some disturbing things here as well. There is double margin requirements on bracket orders which is a pita. The main issue though is that sometimes stops are not honored. I use bracket orders exclusively and OEC's system is a little backwards imo. Lets say you get filled on the first side of your bracket order, next thing logically is that the bracket should be active and the stop should be protecting your position, but what happens is if price jumps past the stop before the bracket technically goes into working mode the entire bracket gets rejected! So within a few seconds you can end up in a very bad trade with no protection.
So now I am having second thoughts about OEC, , if the stop is "jumped" before it has time to be active then I want the system to liquidate at market plain and simple. Sheesh the whole point of a stop is to do just that but somehow OEC thinks otherwise.
What I really need is a solid platform and broker that ALWAYS honors stops, none of this bs 'your stop was rejected because our system is too slow or poorly programed' crap. I'd like a good futures broker with a free platform that has bracket orders and is super solid. The more scalper friendly the better! Please fellow tight stop traders help me out and point me in the right direction to a better company.
-Popstocks
Hello Popstocks
Hope you are doing fine.
I also have seen the same symptoms on TOS, I haven't yet decided to make the switch, but I'm currently testing out mirusfutures.com and are very happy. They provide a free platform (ninjatrader) and have a fully functional real-time demo available. They use zen-feed I believe.
/TL
Hope you are doing fine.
I also have seen the same symptoms on TOS, I haven't yet decided to make the switch, but I'm currently testing out mirusfutures.com and are very happy. They provide a free platform (ninjatrader) and have a fully functional real-time demo available. They use zen-feed I believe.
/TL
Popstocks have you tried Infinity? They have a papertrading demo that you can try before moving accounts.
Emini Day Trading /
Daily Notes /
Forecast /
Economic Events /
Search /
Terms and Conditions /
Disclaimer /
Books /
Online Books /
Site Map /
Contact /
Privacy Policy /
Links /
About /
Day Trading Forum /
Investment Calculators /
Pivot Point Calculator /
Market Profile Generator /
Fibonacci Calculator /
Mailing List /
Advertise Here /
Articles /
Financial Terms /
Brokers /
Software /
Holidays /
Stock Split Calendar /
Mortgage Calculator /
Donate
Copyright © 2004-2023, MyPivots. All rights reserved.
Copyright © 2004-2023, MyPivots. All rights reserved.