Recent content by Phil Mibbutz

Yes, and VDM's platform allows stops to be put very close, unlike some.

You'll see that VDM/Gekko has variable spreads on indices all the time, reflecting the underlying future, unlike most SB cos. Even in 'normal' market conditions this often results in a stop being triggered when it might not have been with another platform that has constant spreads (mostly). Out...

Sadly, I think that's the case, Tim. The effective spread on YM is 5pt minimum, reducing to 3pt after 200 trades per month. The main advantage of Prospreads is the speed of their platform and absence of SB nobbling, which would make short-term trading possible. Difficult with a 5pt spread...

I've been in a similar position, wanting to trade mainly YM but without going against a bookie(SB co) and the market. The rt commission with Prospreads is effectively $20 until the 200 trades per month level, which is very expensive compared with a DMA broker. If the rate started at 1pt extra...

Can't really see why CS would want to do this, gle, and I don't think it would help the client much, either. A lot can happen in the market in a minute, but spreadbet isn't the market.

They might have a new name, but it seems they haven't changed their ways or platform apart from the colour scheme. I believe that Trader Dante closed his account with VDM because of slippage on fills, for no obvious reason other than they want to double the effective spread.

I think if you're making 5pt consistently you'll be put on dealer referral, not matter how small the stake.

Yes, dropping dead was a brilliant career move.

I think he already has.:)

...In the arms of Michael Jackson...

A bit like watching a baby playing with razor blades.

Yes, the more you lose, the more they gain, with the spread being a bonus (for them). re. Mr CS's comments about customers with fast data feeds having an unfair advantage seem a bit ridiculous. Could it really be true that a company making profits of millions can't make its platform work as...

Of course they care if you have winning trades. They'd be mad if they didn't.

Don't think it's that simple. Rather than close your account, thereby cutting off a potential source of profit, the SB co will just make things difficult by rejecting trades that go in your favour immediately. That way they can claw back a bit of money before the client realises what's going on...

Careful with those split infinitives, Yuppie! Actually, I think 'indexes' is a legitimate plural, actually. Actually and literally, etc (cont. P74).