MB Trading Forex Margin with ATM strategies

[akwonline]

I would like to make a suggestion for the next Beta of 6.5

It would be great if there could be a better way of order entry with MB Trading Forex account, so that it does not take away so much margin.

MBtrading has a thing called TTO orders, and it looks at orders as a cluster. Presently the way that orders are sent through NT, the ATM portion make all the order individual.

#1 There is no delay for sending the Targets and Stops, so the system sees them as all individual order.

#2 Because the system sees them as individual orders it charges margin against each leg, the targets and the stops.

I would have no clue on how to resolve the issue, but I am sure that the development time for NT can work with MBtrading Forex, to find the best fix for this issue.


If others have experienced the same issue please post

Thanks

[NinjaTrader_JoshP]

Thanks for the suggestion. I will forward it to development.

[wayneFH]

I have the same issue.

In addition, it appears on my phone call to MBTrading support that they don't support OCO. Is that true?

That means I can't enter a buy stop limit and a sell stop limit around a channel looking for a breakout unless I have twice the margin you would expect.

Then when one of them enters long or short, the target and stop each require margin as separate trades.

In other words, trading through NinjaTrade always requires double the margin to make a trade happen.

Please can you find any solution? The TTO seems to solve the problem with stop and target taking double the margin. But that doesn't solve the problem of having two stop-limits combined.

Sincerely,
Wayne

[wayneFH]

Below, when I say TTO solves the problem, let me clarify. It will solve part of the problem if NT implements support for the TTO order.

[akwonline]

They will fix it...Others please share your expereince

I am glad that others are having the same problem, so I Can tell my wife I am not crazy.

If there are others please share your thoughts, It will help the development team I am sure. Plus it is still in the Beta phase.

This problem for me has even gotten worse since the fall of the dollar, I even trade fewer mini contract, with lots of cash sitting in the account.

The TTO order is something that MB trading came up with, and it works the same as a bracket order or a OCO. I typically send in ATM with 3 Targets.

But I am sure they NT programmers will get this Margin problem taken care of.

Again if there are others please respond.

[brandy66]

I got the same problem

I got the same problem with Margin and Ninja executing on Mbtrading.

Hope it's fixed soon