RUDEBOY said:Donald, i'm afraid iv'e got to award you the 'numpty head of the day' prize, for post 1848. I have two accounts IB and SB, they both have thier uses.
microsoft said:"Simon has said the new software should be up early next year. Let us wait and see."
Simon said
Come on guys.
Are we at play school ?
Simon is trying to do a good PR job, by joining Capital Spreads discussion, on this site. A good idea if you have a product to stand by. Not sensible if the product is falling apart.
I saw this thread today on Elite Trader. Guys discussing ping (Internet speed) and how it effects order execution.
http://www.elitetrader.com/vb/showthread.php?threadid=55173
"Say for example you are in Australia and you connect to Eurex to trade the DAX - Your 'ping' is around 250-350 - while not slow - the traders in Europe have a slight edge in data-speed."
Perhaps these guys should be introduced to ping speed at Capital Spreads. They are discussing milliseconds and we are discussing double digit seconds, sometimes in the 20's.
Their ping meters would start to malfunction, if they tested Capital Spreads.
Are we the schmucks here ? I think so. Capital Spread are not. They are skimming it, absolutley no question about it. How much did they rake in, in the hour after NFPR's on Friday, by just filling entries which have run against the client and price expiring everything else.
On Friday afternoon, I had 1 out of 8 entries filled and suprise suprise that was the only one when the price had moved against me in the 17.3 seconds (My Rolex Oyster Perpetual, just like Wimbledon Centre Court) it took to fill. Yes we are the schmucks.
"At Capital Spreads We Take You From Beginner To Budding Pro"
...well, not till Monday, anyway!coolTrader said:Simon, Lots of angry people here . I guess you may not be responding this side of the year :cheesy:
Spreadbetteur said:I am going to quit using Capital Spreads until Simon confirms here that he believes that they are now as fast or better than the competition. The competition being CMC (Deal For Free), Finspreads, AC Markets, Oanda. Currently due to execution speed and the filtering of fills they are way behind the others. Way behind. All companies listed above are able to offer near instant fills as the norm with hardly any requotes, using the same Internet that Capital Spreads does.
My SB trades are always executed immediately. I scalped loads of points yesterday over NFP data. I did 10 trades yesterday afternoon, during which time, I got one requote which cost me 4 points. (but in a fast market that was not unreasonable)
badtrader said:FXMARKET
Good point on the above post.
I have had an account with C/S for some time although I don't use them much. I also have an account with CMC. Anyway I had a go trading with them this week when they introduced 2 pip spread on the EUR.and I must say I had an advantage over them, their price feed was playing up, acting a little aggressive on changing... quoting 1,1690/92 and jumping to 1,1695/97, the underling market was trading at 1,1696 anyway it jump back to 92 to buy, so i bought and got filled although the market was at 96 bid. then C/S prices would catch up and as soon as they did I got you with a small 4 point profit.with no problems getting filled. It then went to phone trading after I done this a few times. I called them up to see what was happing,they said they are having some problems with updating, later on they fixed it, and to be honest their prices was smooth in line with my charts. I done 11 trades 2 not filled. this was when the prices was out of line, with the underling market. I was only trading 3 pound a point. I will put them to the test next week,trading cable and eur in afternoon trading to see how they are before, I decide to up the stake and trade with them over Berkely futures I keep you informed how I go.But I must say did not find them to bad as the above post have pointed out.
Simon if you got a successful trader making money is there an easy way you can act quickly and hedge with another company and maybe do the same bet as him or her. and make some money you self out of it.Maybe when you see trader A making a trade a red flag will come up on your screen so you can hedge quickly
Um I will have to disagree with you. I done 11 trades and taken money from capital spreads, trying they new 2 pip EUR.although I have to say... I can trade :cheesy:RUDEBOY said:It's ok specialing in one time frame, that's up to you. But anyone who knows anything about the markets will tell you that the markets are essentially split three ways, short, mid and long term. Trying to take the markets on short term using SB is not a good idea. That's fact.