Support Board
Date/Time: Mon, 06 Jan 2025 10:16:35 +0000
Post From: Connect to LMAX demo account via SC is unsuccessful to work out correct lot sizes
| [2016-05-31 09:49:08] |
| bootsy - Posts: 63 |
|
Have a live SC account, and a live (non demo) LMAX account. Trading my LMAX acct via SC has been authorised and is running fine. However, I was using SC yesterday in the Trading SIM mode so I can set set up basic targets/lot sizes etc. SC instructions on lot size seems to be way off. E.g. for currencies, using your sums, "A quantity of 1 entered within Sierra Chart, is equivalent to LMAX quantity of 0.1." So we are on the same page, an LMAX quantity of 1 for currencies = 1 USD if trading eur/usd or gb/usd. Using your sums, that means entering a lot size of 10 on SC is the equivalent of $1 on LMAX. However, when entering lot sizes on the trade window in SC and then opening a SIM trade, it appears that it is necessary to enter in a lot size of 10,000 to equal LMAX $1. So an open trade showing up on the chart window shows a position of 10k. Clearly this is VERY different to your instructions, and considering the rather large size of 10000 in SC, I am looking to check what is going on/what is the correct figure. As such, LMAX have set up a demo acct for me to trade through so I can see what shows up on their side so I can work out the lot sizes. I am not able to connect to it via SC and am not sure why. I have sent you the log message showing the error messages that come up. Regards, Bootsy |