Smart Live Markets - Spread Bet on MT4

Trading Gurus said:
Hi Francis,



I just love a nice gentlemanly "argument"! With all due respect, what does comparing those charts with anyone else's prove? Are they bids, asks, mids, lasts? Whatever the charts purport to show, it proves sweet FA about how much "slippage" you might have suffered if you'd actually been attempting to trade at the time.

Cheers,

Jim
Click to expand...

even from those charts you can see the potential difference.

so sweet FA? non.

subjective, objective or otherwise. There is no argument to these malpractices. Its like looking at 3 pictures of looters and saying there is no point in trying to make a judgement about them because there is nothing distinguishable. 1 had stolen trainers on his/her person, 1 had a stolen baseball cap on his/her person and the other was merely there.

They are all still scum - their ways must be rectified.

If anyone can show 4 minutes of no price from the DAX exchange then lets see it.

in a casino do they stop the roulette wheel mid spin?
no they don't.

Is anyone going to argue with me that the slippage that you suffered on MT4 with SLM trading the DAX is/was amongst the top 5% worst out of all the spreadbet vendors available?

in fact if you want i have several ways i can show you i can set up my software to click the buttons at exactly the same time like a human would and screen video it during 10 news items if you want?

check out viperclicker - (i am not associated with them)
i have my own custom built software doing similar....


ross - feel sorry for them? purrleease. get over it. You get your product right 100% before you get it out there? oh wait this is the UK where we like getting mugged off.

I repeat this every month in this forum - this is why there is no such thing as a service in this country.
 
francisfinley said:
ross - feel sorry for them? purrleease. get over it. You get your product right 100% before you get it out there? oh wait this is the UK where we like getting mugged off.

I repeat this every month in this forum - this is why there is no such thing as a service in this country.
Click to expand...


Sympathy isn't really the same as feeling sorry for them. I've suffered quite often with SML's version of MT4, but I think you're taking a gamble trying to trade over major news with any broker, platform, or SB. If SLM are as bad as you think, why use them?
 
Hi Francis,

francisfinley said:
even from those charts you can see the potential difference.
Click to expand...

From my own records it looks as though all the indices were absent for the best part of 5 minutes

I repeat this every month in this forum - this is why there is no such thing as a service in this country.
Click to expand...

Were you actually trading the DAX (or any other index) with SLM at the time? If so did you phone 'em up and ask them what they intended to do to make amends?

If you were so doing, are you something of a masochist? If you're with any MT4 broker and you're anything other than flat at news time you're asking for a wealth of heartache and pain. 5 minute gaps are not usual in my experience, but 50 pip "slippage" is certainly not out of the question.

Cheers,

Jim
 
Trading Gurus said:
Hi Francis,



From my own records it looks as though all the indices were absent for the best part of 5 minutes



Were you actually trading the DAX (or any other index) with SLM at the time? If so did you phone 'em up and ask them what they intended to do to make amends?

If you were so doing, are you something of a masochist? If you're with any MT4 broker and you're anything other than flat at news time you're asking for a wealth of heartache and pain. 5 minute gaps are not usual in my experience, but 50 pip "slippage" is certainly not out of the question.

Cheers,

Jim
Click to expand...

time is MT4's downfall.
 
P.S. Francis,

francisfinley said:
Is anyone going to argue with me that the slippage that you suffered on MT4 with SLM trading the DAX is/was amongst the top 5% worst out of all the spreadbet vendors available?
Click to expand...

I performed a little experiment last week (which I don't recommend you try at home!).

I somewhat hurriedly converted our "London Breakout Robot" into a news trader using pending orders.

I let it loose on cable shortly before 9:30 AM on Thursday morning, on live MT4 accounts at both SLM and MB Trading, using small stakes! It made me some money on SLM. It lost me some money on MBT. Entry slippage @SLM = 0 pips. Entry slippage @MBT = 16 pips.

Dealing desk or no dealing desk? That is the question!

Cheers,

Jim
 
Nice to see the usual nay sayers are alive and well.

I've been trading SLM for many months now, small live account and demo. I'm about to deposit a fair chunk with them so will be £5-£10 a pip. I will report any change in execution here. As I say I'm happy with the current level of service as a swing trader who avoids news but I am wary of larger orders being executed in a less than optimum way.

Question: (probably dumb) do all SLM customers show the same levels on their charts, i.e am I not going to see a random spike up to my S/L that does not appear on everyone elses platform?
 
TG,
I am talking about DAX Spreadbetting - that is fairly clear. Not sure the point of your post?

With regards to product - it wasn't right and still isn't. Technical issues with MT4 that you have pointed out is another thread.
 
Everyone gets the same prices if thats what you mean. --It does not vary from pc to pc.
 
tommac said:
Everyone gets the same prices if thats what you mean. --It does not vary from pc to pc.
Click to expand...

Thanks tommac, yes thats what I mean. I can imagine (don't believe it's the case though) where a market maker might manipulate the price to hit a cluster of stops but I just thought I'd ask this rather silly question after a totally ramdom spike I experienced in a very quiet Asian session that hit me to the pip. I think the paranoids were out to get me that night :)

I'm kind of sorry for the sarky reply to fancis's apparent help but when the haters waste time with irrelevant links, agenda once again, is a thought that occurs. I reserve the right to be wrong though :whistling
 
Jaroon said:
Thanks tommac, yes thats what I mean. I can imagine (don't believe it's the case though) where a market maker might manipulate the price to hit a cluster of stops but I just thought I'd ask this rather silly question after a totally ramdom spike I experienced in a very quiet Asian session that hit me to the pip. I think the paranoids were out to get me that night :)

I'm kind of sorry for the sarky reply to fancis's apparent help but when the haters waste time with irrelevant links, agenda once again, is a thought that occurs. I reserve the right to be wrong though :whistling
Click to expand...

its not an agenda. it is a users experience.

what is irrelevant about that?
 
francisfinley said:
its not an agenda. it is a users experience.

what is irrelevant about that?
Click to expand...

Well there's 295 pages of user experience on this thread, the site you kindly plugged, er suggested has 3 pages with absolutely no relevance to my question which I'm fairly sure you could have answered without any link.
 
Jaroon said:
Well there's 295 pages of user experience on this thread, the site you kindly plugged, er suggested has 3 pages with absolutely no relevance to my question which I'm fairly sure you could have answered without any link.
Click to expand...

Just crack on with SLM if you're having it off with them.. Oh 'ang on, what are they calling themselves now?
 
Black Swan said:
Just crack on with SLM if you're having it off with them.. Oh 'ang on, what are they calling themselves now?
Click to expand...

Thank God, Black Swan's back (again) to save us from the nasty men in suits :clap:

What would we do without you? (Exactly what we are doing, did I hear?)

Only thing I'm having off SLM btw is cash, unlike the platform/broker obsessed, EA using(learn to trade), over posting, website plugging, "my trading is so profitable I can only improve it by fine tuning brokers performance for them".. bullsh88ters.

See you next month, good luck with trying to muddy the waters as per. I will give anyone else the benefit of my experience with SLM on my larger positions regardless of how I fair. No agenda you see.
 
Last edited:
jaroon,

if you think they are (and any other broker/"broker") anything other than nasty men in suits then you need educating.

You will find this out the hard way.
 
OK for disclosures sake, I just had a requote from SLM. The shock of this has killed my wife and two people she spoke to earlier in the day, this is no less than murder and I would recommend anyone who fears death to close thier accounts asap.

Also when I rang up to complain the ghost of Osama bin laden answered the phone and told me to f88k off. I'm starting to see the error of my ways guys, where do I sign up to the crusade?
 
Jaroon said:
OK for disclosures sake, I just had a requote from SLM. The shock of this has killed my wife and two people she spoke to earlier in the day, this is no less than murder and I would recommend anyone who fears death to close thier accounts asap.

Also when I rang up to complain the ghost of Osama bin laden answered the phone and told me to f88k off. I'm starting to see the error of my ways guys, where do I sign up to the crusade?
Click to expand...

The sock puppets have gone (all bar you) as has SML. Give it up..or not..no one gives a fook about them. They're 5hite..
 
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