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Any experience with Mirus Futures


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Any experience with Mirus Futures

  #21 (permalink)
 zikonc 
san ramon
 
Experience: Beginner
Platform: ninja
Broker: zen
Trading: es, 6e
Posts: 136 since Oct 2009
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I am sure working with Mirus has positive sides....here is one negative from today.....(you can read more on NT forum at Orders below last traded price - [AUTOLINK]NinjaTrader[/AUTOLINK] Support Forum ) .......

so, not all sim trading order executions are available in live trading.......Mirus will not allow you to on-the-fly convert stop order to market order.......what that means is, you basically cannot place your order and then later change it to a better-priced order if the current market price presents itself........I've attached an avi file (inside zip file) demonstrating order modification I am talking about........in short, Mirus will deny you market scalping ..... this limitation is imposed by Mirus and not NT, Exchange or Dorman (confirmed by Mirus on-staff developer) ...... maybe this is non issue with slow markets, but I think it is really crippling trade options in fast markets such as CL or today's 6E ... attached images show lost profit of +4t when order modification was executed........

why not try SIM first to see if it works?......well, that is my where my problem is with Mirus...........in SIM they let you think that such order modification is possible but try it live and you'll learn the opposite .......

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Attached Files
Elite Membership required to download: order below price.zip
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  #22 (permalink)
Slava23
Arkansas USA
 
Posts: 45 since Feb 2011
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Mirus hold My check 10 business day! Is it new standard or personal attention?


"Slava,

The funds have not been added to the account though. There is a 10 business day holding period before the funds are available for trading.

Thanks,
Brian"

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  #23 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
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Swing Trader
 
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Slava23 View Post
Mirus hold My check 10 business day! Is it new standard or personal attention?


"Slava,

The funds have not been added to the account though. There is a 10 business day holding period before the funds are available for trading.

Thanks,
Brian"

Yes, perfectly normal. Use a wire transfer if you are in a hurry.

Mike

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  #24 (permalink)
 
Haverchuck's Avatar
 Haverchuck 
California
 
Experience: Intermediate
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Trading: Index Futures
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Slava23 View Post
Mirus hold My check 10 business day! Is it new standard or personal attention?

This is a relatively new policy at Mirus. They sent out an email in advance telling customers about the change in policy. This is also mentioned on their website.

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  #25 (permalink)
 
Hapster's Avatar
 Hapster 
San Diego, California
 
Experience: Intermediate
Platform: NinjaTrader, Felton
Trading: CL, GC
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Anybody have this Ray guy's email at Mirus?

H

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  #26 (permalink)
 
mattz's Avatar
 mattz   is a Vendor
 
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Big Mike View Post
Yes, perfectly normal. Use a wire transfer if you are in a hurry.

Mike

Right! Wires have a one day confirmation.
We also use a waiting period but 5 working days only.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email [email protected]
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  #27 (permalink)
 
Hapster's Avatar
 Hapster 
San Diego, California
 
Experience: Intermediate
Platform: NinjaTrader, Felton
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Does Optimus Futures offer the "FULL" NinjaTrader functionality if an account is opened?

H

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  #28 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
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Swing Trader
 
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mattz View Post
Right! Wires have a one day confirmation.
We also use a waiting period but 5 working days only.



Hapster View Post
Does Optimus Futures offer the "FULL" NinjaTrader functionality if an account is opened?

H

Let's keep the Mirus thread about Mirus, if you want to talk about Optimus use this thread:



Or you can send a PM to @mattz directly.

Thx,
Mike

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  #29 (permalink)
 Cloudy 
desert CA
 
Experience: Intermediate
Platform: NT7, various
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I've had a great experience with Mirus so far until today. Connection was lost to the feed for about an hour in the early morning. But I heard it wasn't just me. A lot of people in the trading room I happened to be in , also with Mirus and Zenfire (also some with AMP and Zenfire too) had the same problem at the same time, and we waited until it came back online.

But other than that, it has been great. The fastest fills and non-slippage I've ever had. And reasonable fees. And no deluge of constant spam email, just my RCG statements.

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  #30 (permalink)
 
jtrade's Avatar
 jtrade 
near Amsterdam
 
Experience: Advanced
Platform: NinjaTrader
Trading: (M)ES, (M)NQ
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Very happy with Mirus / ZenFire / NT7 combo for intraday futures trading.

FWIW, I just closed my TradeStation account after many years, still have IB for spot FX, and also Saxo for longer-term trades (all instruments).

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Last Updated on January 5, 2012


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