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Losing trade 'duped'?


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Losing trade 'duped'?

  #1 (permalink)
 
Gary's Avatar
 Gary 
Near Dallas, Texas, US
 
Experience: Advanced
Platform: NinjaTrader
Broker: ZenFire
Trading: CL
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Check out my post here, because I don't feel like typing it again.

https://nexusfi.com/51522-post33.html

Have you ever had this happen to you / thoughts?


Gary

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  #3 (permalink)
 KJAVED 
Toronto Canada
 
Experience: Intermediate
Platform: ninja Trader, Ensign,Market Delta
Broker: AMP,Global Futures
Trading: Eminis
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Gary View Post
Check out my post here, because I don't feel like typing it again.

https://nexusfi.com/51522-post33.html

Have you ever had this happen to you / thoughts?


Gary

I face a such type of problem with AMP futures. I close my position with 18 pips in profit in CL, but that trade appear on my account with 2 pips loss. I talked to them, but no solution. After couple of days again same thing happen, My trade is 16 pips in profit and I close position, but again that trade appear on my account with 2 pip loss. Then I make a detalied discussion with dealing guys, but no solution. So I close my account and moved to other broker. Now lets see this??????

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  #4 (permalink)
 
Gary's Avatar
 Gary 
Near Dallas, Texas, US
 
Experience: Advanced
Platform: NinjaTrader
Broker: ZenFire
Trading: CL
Posts: 1,072 since Jun 2009
Thanks Given: 502
Thanks Received: 2,239


KJAVED View Post
I face a such type of problem with AMP futures. I close my position with 18 pips in profit in CL, but that trade appear on my account with 2 pips loss. I talked to them, but no solution. After couple of days again same thing happen, My trade is 16 pips in profit and I close position, but again that trade appear on my account with 2 pip loss. Then I make a detalied discussion with dealing guys, but no solution. So I close my account and moved to other broker. Now lets see this??????

My trades were both correct on the number of ticks, just doubled the number of contracts I actually traded.

Hmm...

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  #5 (permalink)
 vegasfoster 
las vegas
 
Experience: Intermediate
Platform: Sierra Chart
Broker: Velocity/IB
Trading: 6E
Posts: 1,145 since Feb 2010
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I have had it happen twice with IB, but it was obvious at the time of the trade, i.e. it showed my position was doubled. They weren't concerned about it either.

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  #6 (permalink)
 
jerry828's Avatar
 jerry828 
Sweden
 
Experience: Advanced
Platform: NT6.5
Broker: DTN, Mirus/Zenfire, Berkeley
Trading: ES, DAX, 6E, CL
Posts: 44 since Jun 2010
Thanks Given: 19
Thanks Received: 27


Gary View Post
Check out my post here, because I don't feel like typing it again.

https://nexusfi.com/51522-post33.html

Have you ever had this happen to you / thoughts?


Gary

I had a similar experience when I was trading NYMEX through an IB account way back. I made a huge profit and IB got back to me with a story about NYMEX suspecting market manipulation and thus wanted to bust the trades (I was doing more than 50% of the volume on the particular (thin) instrument that day).

They ended up busting the trades and there was jack s**t I could do about it, except of course a court case against NYMEX hiring overseas lawyers (i'm based in Europe). Right...

Since then I stayed away from NYMEX like the plauge.

I'm currently w/ Mirus/Dorman and haven't experienced anything like that trading Globex/Eurex.

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  #7 (permalink)
 Eric j 
NY
 
Experience: Advanced
Platform: Esignal, MBT navigator
Trading: Currencies
Posts: 2,507 since Jun 2009
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Gary View Post


Have you ever had this happen to you / thoughts?


Gary


Not yet . I have had incidences of the spread charged is way out of line from what was quoted at the time ( FXCM ) , without being anywhere near news events . Weird how brokers are like a buddy when all is smooth and play dumb and defensive when the heat gets turned on .

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Last Updated on July 21, 2010


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