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EURClimber - LIVE (ATC Brokers) (By Martin )

The user has deleted this system.

EURClimber - LIVE (ATC Brokers) Discussion

Martin (ECMartin)
Jan 21 2011 at 09:37
46 posts
Temporarily stopped due to execution problems (see the statement - the broker wasn't placing TP's and didn't close some orders in time which caused excessive losses). We will run it again as soon as it is resolved (will probably start a new account)

A hard thing about business is minding your own.
pc8multifx (pc8multifx)
Jan 21 2011 at 14:16
879 posts
or just rename the product to EURDiver 😉

Martin (ECMartin)
Jan 21 2011 at 14:25
46 posts
You can check in the statement that what I am saying is true. There are ignored takeprofits for some reason (but EC can usually deal with that by closing 'manually') but more importantly, last trade lasted more that 10 hours, because it wasn't closed in profit (should've been closed in about 4-5 pips profit, but even the close command was ignored). ATCBrokers also publicly reported execution issues that day to everyone who has an account with them.

A hard thing about business is minding your own.
datring
Jan 23 2011 at 17:56
7 posts
I have a real account at ATC Brokers and can confirm they issued an alert that day, called 'order process delays - euro web conditions'. It says there were issues 'especially on CHF related pairs', but I believe Martin that GBP was affected as well.

I was trading EURClimber at the time, and saw the spread widening on EURCHF all the way up to 9.1 pips). Here is the report, for reference:

<i>
Please be aware ATC and FXCM are encountering fill delays on CHF positiions at this time, we believe correlates with severe web conditions occurring in the European cooridor at this time. We have seen similar waves of packet loss and latency over the last two days in the US, Europe and Asia at various times, far greater than normal. Traders would be advised to trade conservatively at this time and watch for delayed fills or delays in SL/TP modifies, especially on CHF related pairs.

Please refer here for the underlying information ... https://www.internettrafficreport.com/europe.htm
</i>

Happy trading,
  Remus

Whether You Believe You Can, or You Can't, You Are Right! ~ Henry Ford
datring
Jan 26 2011 at 23:50
7 posts
Martin,

I see the account is still trading, and over the last 2 days I got exactly the same fills, when opening and closing, as your account. This is with EURClimber v2.3.

Does that mean the issues are now solved?

Thanks,
  Remus

Whether You Believe You Can, or You Can't, You Are Right! ~ Henry Ford
Martin (ECMartin)
Jan 27 2011 at 09:57
46 posts
Yes, version 2.3 seems to work fine now even with ATC Brokers.

We will publish this account when it gets back to profit, so that some newcomers who don't know the story behind it don't get scared.

A hard thing about business is minding your own.
Martin (ECMartin)
Feb 08 2011 at 10:44
46 posts
Alright, the account recovered from the issues now, starting date set to 22nd Jan 2011 (21st Jan was the last issue). Will publish it on the website if I find a way to verify ATC Brokers account (they are blocking MyFXBook servers for some reason, but I contacted them and they told me there should be a solution soon).

A hard thing about business is minding your own.
Pipkoho Team
pipkoho
Feb 13 2011 at 13:33
15 posts
Hi Martin,

As I know minimum deposit by ATC Brokers is 5.000$. How could you deposit only 1.000$?

Martin (ECMartin)
Feb 13 2011 at 13:39
46 posts

pipkoho posted:
    Hi Martin,

As I know minimum deposit by ATC Brokers is 5.000$. How could you deposit only 1.000$?


We had to negotiate this. We have other accounts with them and they allowed us to use $1000 on a separate, public account.

A hard thing about business is minding your own.
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