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Pippi436

Registered: Jun 2006
Posts: 843

04-13-10 06:22 PM

Quote from moarla:

on the live CNX i cant change anything :-))

Should be possible, in the drop-down menu where it says "Standard" by default. At least it worked for me.

I'm probably going to sign up with them in the near future.

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traderhf

Registered: Jun 2009
Posts: 52

04-13-10 06:32 PM

Moarla,

Why not post a screenshot of live LCG quotes.

Thanks,

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moarla

Registered: Apr 2007
Posts: 835

04-13-10 06:33 PM

will do that tomorrow morning. asked to unblock my test version from that error...

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MoneyWalks

Registered: Nov 2010
Posts: 61

10-14-12 12:49 PM

Quote from traderhf:

...............

My question is what will happen if I show this behavior everyday? I understand that in the interbank space, 30-40mm does not move EUR/USD market more than a pip at most. But what will happen on IB platform.

................

According to Oanda, a $1b order will move EUR/USD around 130 pips in liquid hours or 260 pips in less liquid ones. So in your case 30-40mm can move the market, more than just a pip, but by at least 5-10 pips.

The market can be moved with less than what most people think.

oanda_impact_1.png
This has been downloaded 73 time(s).

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DeeDeeTwo

Registered: Dec 2007
Posts: 623

10-14-12 02:28 PM

Quote from traderhf:

Looking to build the 20-50mm position pretty quickly like in <5 seconds.

I will be ok with execution upto 1-2-3 pip away from best bid/ask.

Why do you place an artificial condition on your entry?

Why do the same thing every day against Pro Market Makers?

And 1-2-3 pips slippage is not "OK"...
Giving away > $10,000/day = screwed in the long run.

What's wrong with this picture?

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Jack_Larkin

Registered: Jun 2011
Posts: 492

10-20-12 06:45 PM

Quote from DeeDeeTwo:

Why do you place an artificial condition on your entry?

Why do the same thing every day against Pro Market Makers?

And 1-2-3 pips slippage is not "OK"...
Giving away > $10,000/day = screwed in the long run.

What's wrong with this picture?

If you ever have to manage the execution of a 50mm sized order that MUST be done within a few seconds then you'd understand how ONLY a pip or so of slippage is ok (in fact, rather good all things considered.)

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