but here's the thing I don't understand. unless you were trading hundreds of contracts, why would you put that kind of money in a futures brokerage account. I know many will disagree, but here, one should take advantage of lower margins. there's already enough risk in the markets, you don't need more risk by leaving unused money in your brokerage account. today it shouldn't be difficult to transfer money.
having said that, hopefully mirus is not next.
The following 8 users say Thank You to Silvester17 for this post:
That is the key ... it is not LIKE money in the bank ... It is not a bank ... I will always make it a point to
constantly withdraw my profits and put them in a real bank, only leaving the bare minimum to cover my
Maximum ever draw down I would accept in a month of trading.
How can anyone trust these clowns, man ... It's all Wall Street related. Take your profits completely out of
IMHO , of course
"Life On The Edge of SR"
The following 3 users say Thank You to tderrick for this post:
I feel the same way you do . I keep min in my account I need for that week and then transfer profits back to my bank and lower my risk . I know if the FCM goes out of business it will a very long time to get some or part of my money back . Just look at MF Global a billion dollar company !!!!
The following 2 users say Thank You to daytrader4545 for this post:
Broker/Data: Cannon Trading Company / Ninja Trader/Rithmic, E-Futures trading platform
Favorite Futures: Gold and Crude Oil
Posts: 46 since Dec 2013
Thanks: 17 given,
That is true. Mirus isn't a clearing firm. I believe they use Dorman to provide Ninja Trader powered by Zen-Fire for their clients. I believe a lot of brokers who provided Zen-Fire used Dorman as their clearing firm. I know Cannon Trading Company uses Dorman to provide Zen-Fire data feed to their clients. But I also know Cannon provides other data feeds for Ninja Trader like Rithmic and Trading Technologies as alternative data feeds for Ninja Trader. There's many other alternatives
Continuum Now Available for NinjaTrader Users
January 8th, 2014 - 10:30 am CT (11:30 am ET)
Continuum order execution is now available through Mirus Futures for NinjaTraders users.
Used in conjunction with Kinetick, you can access institutional quality data and order routing for a complete connectivity solution.
Register here to start the conversion process from ZenFire to Continuum.
In addition, Mirus will be covering the associated connectivity fees for January and February service. This includes the $10/month Continuum fee along with rebates for a pro-rated Kinetick real-time data subscription.
Following your conversion to Continuum, you will be able to resume trading your Mirus account through NinjaTrader.
Continuum is currently available for Mirus accounts clearing through Dorman Trading. If your account is with RCG, you can open a separate account with Dorman to access Continuum.
Convert to Continuum & Receive Rebates.
Please contact your broker here at Mirus or Mirus Support at 312.262.1288 with any questions you may have in the interim.