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The Crude Dude Oil Trading System
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The Crude Dude Oil Trading System

  #301 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 718 since Oct 2011
Thanks: 623 given, 2,434 received


Tap In View Post
How are your fills with 5 contracts?

So far so good. I credit a lot of that with my broker, Optimus. I traded 10 contracts in Cl with them a few years ago for a very short period of time and got great fills.. even with that much. Then I did some dumb things..lost quite a bit of money..and decided to start over at 1 contract untill I really felt I knew what I was doing. Hopefully things will go better this time as I work my way back up.

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  #302 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,010 since Jun 2009
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lancelottrader View Post
So far so good. I credit a lot of that with my broker, Optimus. I traded 10 contracts in Cl with them a few years ago for a very short period of time and got great fills.. even with that much. Then I did some dumb things..lost quite a bit of money..and decided to start over at 1 contract untill I really felt I knew what I was doing. Hopefully things will go better this time as I work my way back up.

When trading futures, your fills are on a centralized marketplace and should not vary from one broker to another. The only thing that changes on the broker side would be the risk assessment prior to allowing the order to be submitted to the exchange, and it is usually measured in nanoseconds.

You can credit the broker for service, you can even credit them for data if they have their own FCM gateway server, but you shouldn't credit them for fills. This isn't Forex!

Mike

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  #303 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 718 since Oct 2011
Thanks: 623 given, 2,434 received



Big Mike View Post
When trading futures, your fills are on a centralized marketplace and should not vary from one broker to another. The only thing that changes on the broker side would be the risk assessment prior to allowing the order to be submitted to the exchange, and it is usually measured in nanoseconds.

You can credit the broker for service, you can even credit them for data if they have their own FCM gateway server, but you shouldn't credit them for fills. This isn't Forex!

Mike

I wasn't aware of that. I did have some horrible experiences with a couple of Forex brokers..regarding fills, now that you mention it.

Failure is not an option
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  #304 (permalink)
Market Wizard
Boca Raton
 
Futures Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
mattz's Avatar
 
Posts: 1,943 since Sep 2010
Thanks: 1,849 given, 2,613 received
Forum Reputation: Legendary

Amongst the many things that differentiate one broker from another, the choice of software offered by a broker for use by its account holders cannot be underestimated. Yes the time taken to perform a pre-trade risk assessment is generally insignificant, but it is the total time taken by the software from receipt of an order to its release to the exchange that is often the difference between profit and loss.

Traders who maintain accounts with brokers who are sensitive to the differences in software and offer the use of the faster platforms may find that they do, in fact, get better fills.

Matt
Optimus Futures

There is a risk of loss in futures trading. Past performance is not indicative of future results.

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
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  #305 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 718 since Oct 2011
Thanks: 623 given, 2,434 received

Day 4 of 5 contract challenge-Did Lance hit his goal ?

Here is today's short recap video.


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  #306 (permalink)
Elite Member
Bend, OR
 
Futures Experience: Intermediate
Platform: Sierra Charts, TOS
Broker/Data: TOS, Global Futures/OEC
Favorite Futures: CL, GC, NG, YM, 6E, ZN
 
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Posts: 910 since Feb 2013
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Congratulations!

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  #307 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 718 since Oct 2011
Thanks: 623 given, 2,434 received

Week 2- day 1 trade recap

Recap video for Monday's trades. Looking to try and hit my minimum of 60 ticks for the week again..or higher.


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The following 10 users say Thank You to lancelottrader for this post:
 
  #308 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 718 since Oct 2011
Thanks: 623 given, 2,434 received

week 2- day 2 recap- Embarrasing performance

I didn't really want to post this...I made a lot of mistakes, but I've committed to do these videos for the rest of the week.


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The following 11 users say Thank You to lancelottrader for this post:
 
  #309 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 718 since Oct 2011
Thanks: 623 given, 2,434 received

Week 2- day 3 recap- Much better day

A little bit of redemption today.


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The following 6 users say Thank You to lancelottrader for this post:
 
  #310 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 718 since Oct 2011
Thanks: 623 given, 2,434 received

Week 2-day 4 -recap


This is the final recap for my two week experiment in transparency. It was a little bit stressful..knowing I was going to "put myself out there" and show these videos of my recorded sessions. But I wanted to stick to my commitment to post them..regardless if I failed or succeeded.


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