What do you mean?
Trading With LMI
- Thread starter Liberty Market Investment
- Start date
Liberty Market Investment
Sponsor
Еverything is possible once you reach that heights. Do your best and we'll provide best trading conditions for you.
Liberty Market Investment
Sponsor
Dear traders, we are announcing an upcoming trading contest. To participate in Contest, pre-registration is required.
The Contest is scheduled for Monday, Oct 5th. Registration is opened and will continue until 21:59 UTC Sunday, Oct 4 (04:59 pm Chicago).
The Contest will begin Oct 4 at 22:00 UTC. (05:00 pm Chicago; 00:00 CEST on Oct 5) and run until 20:10 UTC Oct 9 (03:10 pm Chicago
.
Contest Trading Conditions:
The Contest is scheduled for Monday, Oct 5th. Registration is opened and will continue until 21:59 UTC Sunday, Oct 4 (04:59 pm Chicago).
The Contest will begin Oct 4 at 22:00 UTC. (05:00 pm Chicago; 00:00 CEST on Oct 5) and run until 20:10 UTC Oct 9 (03:10 pm Chicago
.
Contest Trading Conditions:
- You will be trading a $ 50,000 Practice Session Account
- Profit target: $2,800
- Daily loss limit: $1,000
- Max. trailing drawdown: $2,000
- Trade a minimum of 5 days
- You are able to trade a maximum of 5 lots at the same time
I checked out the LMI site, and they seemed to be running the hideous 'intraday calculated' Trailing Drawdown scheme, whereby unbooked profits push the trailing drawdown up.
However, I have read other places, that LMI infact DO NOT operate such a scheme, and only BOOKED PROFITS count towards the trailing drawdown, even if they are calculated per trade (i.e. intraday).
Which of the above is correct?
(And if the former is correct, is there any good reason for this other than greatly increasing the 'failure' rate of traders in order to generate more fees, and less risk of payouts)?
However, I have read other places, that LMI infact DO NOT operate such a scheme, and only BOOKED PROFITS count towards the trailing drawdown, even if they are calculated per trade (i.e. intraday).
Which of the above is correct?
(And if the former is correct, is there any good reason for this other than greatly increasing the 'failure' rate of traders in order to generate more fees, and less risk of payouts)?
Liberty Market Investment
Sponsor
-
Hi. I know it's a little confusing, but hope this helps!
Liberty Market Investment
Sponsor
Dear traders, we are announcing an upcoming trading contest. To participate in Contest, pre-registration is required.
The Contest is scheduled for Monday, Jan 25th. Registration is opened and will continue until 23:59 UTC Sunday, Jan 24 (05:59 pm Chicago; 00:59 CET Jan 25).
The Contest will begin Jan 25 at 00:00 UTC. (06:00 pm Chicago; 01:00 CET) and run until 21:10 UTC Jan 29 (03:10 pm Chicago; 22:10 CET).
Contest Trading Conditions:
Contest prizes: (for those who have not violated the Contest rules and earned the greatest profit) :
1st place: $ 50,000 Practice Session
2nd place: promotional code for a 60% discount
3 place: promotional code for a 40% discount
4-10 place: promotional code for a 25% discount
The Contest is scheduled for Monday, Jan 25th. Registration is opened and will continue until 23:59 UTC Sunday, Jan 24 (05:59 pm Chicago; 00:59 CET Jan 25).
The Contest will begin Jan 25 at 00:00 UTC. (06:00 pm Chicago; 01:00 CET) and run until 21:10 UTC Jan 29 (03:10 pm Chicago; 22:10 CET).
Contest Trading Conditions:
- You will be trading a $ 50,000 Practice Session Account
- Profit target: $500
- Daily loss limit: $1,000
- Max. trailing drawdown: $2,000
- Trade a minimum of 5 days
- You are able to trade a maximum of 5 lots at the same time
Contest prizes: (for those who have not violated the Contest rules and earned the greatest profit) :
1st place: $ 50,000 Practice Session
2nd place: promotional code for a 60% discount
3 place: promotional code for a 40% discount
4-10 place: promotional code for a 25% discount
Is it possible to do the competition on MotiveWave?
I know that it takes some time to become familiar with a new platform, but there are platforms that I instantly like (MotiveWave), and those I instantly dislike. VolFix seems to have a very alien format to me, and going by it's name, it seems orientated towards Order Flow based trading, whereas I don't have a single Volume based indicator on any of my charts.
I have connected to the CGQ feed via MotiveWave, but the Test account only seems to be configured for VolFix.
I know that it takes some time to become familiar with a new platform, but there are platforms that I instantly like (MotiveWave), and those I instantly dislike. VolFix seems to have a very alien format to me, and going by it's name, it seems orientated towards Order Flow based trading, whereas I don't have a single Volume based indicator on any of my charts.
I have connected to the CGQ feed via MotiveWave, but the Test account only seems to be configured for VolFix.
urghhh.....Volfix....another platform that handles orders the NinjaTarder8 way.....if market hits a target Limit order, without first filling entry limit order.....target limit order still gets filled....so ur entering the market where you planned on leaving the market, and in the wrong direction.
...I am sure, like Ninjatarder 8, there is some clunky unweildy OCO system buried in there somewhere, just waiting for me to waste multiple hours on figuring it out....but FFS....this shit should be basic...OF COURSE I DON'T WANT TO SELL 2 CONTRACTS IF MY ORDER WAY DOWN BELOW TO BUY 2 CONTRACTS WAS NOT FILLED.......every bucket shop broker platform under the sun understands this basic need, so why do so many of the supposedly 'pro platforms' make this so obscure?
...I am sure, like Ninjatarder 8, there is some clunky unweildy OCO system buried in there somewhere, just waiting for me to waste multiple hours on figuring it out....but FFS....this shit should be basic...OF COURSE I DON'T WANT TO SELL 2 CONTRACTS IF MY ORDER WAY DOWN BELOW TO BUY 2 CONTRACTS WAS NOT FILLED.......every bucket shop broker platform under the sun understands this basic need, so why do so many of the supposedly 'pro platforms' make this so obscure?