NexusFi: Find Your Edge


Home Menu

 





Earn2Trade - Orianna Foucault (Director of Support) - Ask Me Anything (AMA)


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one Earn2Trade with 172 posts (247 thanks)
    2. looks_two emini2000 with 30 posts (20 thanks)
    3. looks_3 Big Mike with 25 posts (64 thanks)
    4. looks_4 BertV with 23 posts (30 thanks)
      Best Posters
    1. looks_one Big Mike with 2.6 thanks per post
    2. looks_two bobwest with 2.5 thanks per post
    3. looks_3 Earn2Trade with 1.4 thanks per post
    4. looks_4 BertV with 1.3 thanks per post
    1. trending_up 239,550 views
    2. thumb_up 693 thanks given
    3. group 1,068 followers
    1. forum 631 posts
    2. attach_file 20 attachments




Closed Thread
 
Search this Thread

Earn2Trade - Orianna Foucault (Director of Support) - Ask Me Anything (AMA)

  #201 (permalink)
Sheen
London UK
 
Posts: 57 since Jul 2013
Thanks Given: 2
Thanks Received: 20

$1.05 per side? Wow, that is nearly 100% of the tick value - good business for CME I guess, but not the trader. It is like paying $10.50 per side for ES. I know it is not E2T's fault but it is not a good proposition on the exchange side


Can you help answer these questions
from other members on NexusFi?
How to apply profiles
Traders Hideout
MC PL editor upgrade
MultiCharts
REcommedations for programming help
Sierra Chart
PowerLanguage & EasyLanguage. How to get the platfor …
EasyLanguage Programming
Exit Strategy
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Spoo-nalysis ES e-mini futures S&P 500
29 thanks
Just another trading journal: PA, Wyckoff & Trends
24 thanks
Tao te Trade: way of the WLD
24 thanks
Bigger Wins or Fewer Losses?
21 thanks
GFIs1 1 DAX trade per day journal
17 thanks
  #202 (permalink)
 
Earn2Trade's Avatar
 Earn2Trade 
 
Posts: 201 since Jul 2018
Thanks Given: 9
Thanks Received: 299


Sheen View Post
$1.05 per side? Wow, that is nearly 100% of the tick value - good business for CME I guess, but not the trader. It is like paying $10.50 per side for ES. I know it is not E2T's fault but it is not a good proposition on the exchange side

The breakdown is:
- $0.20 CME
- $0.02 NFA
- $0.25 Rithmic
- $0.58 Broker

If you're trading volume, the broker commission can drop significantly.

Earn2Trade
www.earn2trade.com
Become a Professional Trader. Decisions That Can Change Your Life Forever.
Follow me on Twitter
Thanked by:
  #203 (permalink)
Sheen
London UK
 
Posts: 57 since Jul 2013
Thanks Given: 2
Thanks Received: 20


I also wanted some clarification on the data fee:
I already have live market data on another account in my platform.

In Gauntlet it is not an issue but later I want to use the same platform, connecting to my live account with Helios via Rithmic, to trade this account. Is that possible without paying the $105/exchange fee? Will I see my orders on the DOM in my platform, or in RTrader Pro? How will I know if they got executed?

  #204 (permalink)
 
Earn2Trade's Avatar
 Earn2Trade 
 
Posts: 201 since Jul 2018
Thanks Given: 9
Thanks Received: 299


Sheen View Post
I also wanted some clarification on the data fee:
I already have live market data on another account in my platform.

In Gauntlet it is not an issue but later I want to use the same platform, connecting to my live account with Helios via Rithmic, to trade this account. Is that possible without paying the $105/exchange fee? Will I see my orders on the DOM in my platform, or in RTrader Pro? How will I know if they got executed?

Depends on your platform - If they allow you to use two different connections. One for data and one for orders. You'll see all orders in RTrader of course, but if you don't have Rithmic data on the Helios account then you won't see realtime PNL in RTrader.

Earn2Trade
www.earn2trade.com
Become a Professional Trader. Decisions That Can Change Your Life Forever.
Follow me on Twitter
  #205 (permalink)
Sheen
London UK
 
Posts: 57 since Jul 2013
Thanks Given: 2
Thanks Received: 20

What about the Autoliquidate Threshold and Acc balance? When will they be updated if not real-time?

  #206 (permalink)
 
Earn2Trade's Avatar
 Earn2Trade 
 
Posts: 201 since Jul 2018
Thanks Given: 9
Thanks Received: 299


Sheen View Post
What about the Autoliquidate Threshold and Acc balance? When will they be updated if not real-time?

Threshold will - balance won't until you close the position. Balance can't because CME views real-time PNL as a derivitive of market data.

Earn2Trade
www.earn2trade.com
Become a Professional Trader. Decisions That Can Change Your Life Forever.
Follow me on Twitter
  #207 (permalink)
 ABQJuan 
Albuquerque, NM United States
 
Experience: Advanced
Platform: Jigsaw, TOS
Trading: ES
Posts: 9 since Aug 2012
Thanks Given: 11
Thanks Received: 3


Earn2Trade View Post
Depends on your platform - If they allow you to use two different connections. One for data and one for orders. You'll see all orders in RTrader of course, but if you don't have Rithmic data on the Helios account then you won't see realtime PNL in RTrader.

Please explain this further, are you saying: If you have another data feed, say a retail feed where you are paying non-pro fees, then the pro feeds can be avoided?

Thanks.

  #208 (permalink)
 
Earn2Trade's Avatar
 Earn2Trade 
 
Posts: 201 since Jul 2018
Thanks Given: 9
Thanks Received: 299


ABQJuan View Post
Please explain this further, are you saying: If you have another data feed, say a retail feed where you are paying non-pro fees, then the pro feeds can be avoided?

Thanks.

Pro fees cannot be avoided. If you're pro anywhere, you're pro everywhere.

Earn2Trade
www.earn2trade.com
Become a Professional Trader. Decisions That Can Change Your Life Forever.
Follow me on Twitter
Thanked by:
  #209 (permalink)
Sheen
London UK
 
Posts: 57 since Jul 2013
Thanks Given: 2
Thanks Received: 20

With that said, you can only pay ONE pro fee, not necessarily for your Helios account, and that is perfectly legal - is that correct?

  #210 (permalink)
 
Earn2Trade's Avatar
 Earn2Trade 
 
Posts: 201 since Jul 2018
Thanks Given: 9
Thanks Received: 299



Sheen View Post
With that said, you can only pay ONE pro fee, not necessarily for your Helios account, and that is perfectly legal - is that correct?

If both feeds are Rithmic - yes

Earn2Trade
www.earn2trade.com
Become a Professional Trader. Decisions That Can Change Your Life Forever.
Follow me on Twitter
Thanked by:

Closed Thread



Last Updated on March 4, 2024


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts