Wrong Commissions with 2 target ATMs - NinjaTrader | futures io social day trading
futures io futures trading


Wrong Commissions with 2 target ATMs
Updated: Views / Replies:1,584 / 7
Created: by BCNTrader Attachments:7

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Wrong Commissions with 2 target ATMs

  #1 (permalink)
Elite Member
Barcelona, Spain
 
Futures Experience: Intermediate
Platform: NinjaTrader 7
Broker/Data: Interactive Brokers/Kinetick
Favorite Futures: US stocks, EUR/USD
 
BCNTrader's Avatar
 
Posts: 119 since Sep 2010
Thanks: 138 given, 109 received

Wrong Commissions with 2 target ATMs -FIXED!-

SOLUTION
Tip
If you are setting up a commission rate for futures on NinjaTrader and you have a single rate, you would enter one commission level with the commission value and the units set to zero."



_______________

Hello,

This all is simulated, I'm doing some steps to move from algo trading to discretionary trading.

I created a simple ATM with 2 targets:
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


I traded on the chart today. I have two ATMs, one with just 1 contract stop 8 / target 40 and the other one with two targets (I move my stops and targets based on chart zones but I like to begin with something).

The issue is, NinjaTrader is showing a different comm. when entered with 2 targets and 1 target, this are my trades for today:
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Anybody had this issue too? don't know how to handle it, these com. are attached directly to 6E instrument.

Thanks!,

BCN Trader


Last edited by BCNTrader; May 6th, 2011 at 03:07 PM. Reason: FIXED!
Reply With Quote
 
  #2 (permalink)
Elite Member
Milan (I)
 
Futures Experience: Advanced
Platform: Ninjatrader
Broker/Data: Kinetick
Favorite Futures: FDAX,6E,CL,YM,NQ,ES
 
redratsal's Avatar
 
Posts: 1,653 since Oct 2010
Thanks: 1,217 given, 2,068 received


BCNTrader View Post
Hello,

This all is simulated, I'm doing some steps to move from algo trading to discretionary trading.

I created a simple ATM with 2 targets:
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


I traded on the chart today. I have two ATMs, one with just 1 contract stop 8 / target 40 and the other one with two targets (I move my stops and targets based on chart zones but I like to begin with something).

The issue is, NinjaTrader is showing a different comm. when entered with 2 targets and 1 target, this are my trades for today:
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Anybody had this issue too? don't know how to handle it, these com. are attached directly to 6E instrument.

Thanks!,

BCN Trader

¡Hola!

Did you try with a DB repair

Reply With Quote
 
  #3 (permalink)
Elite Member
Barcelona, Spain
 
Futures Experience: Intermediate
Platform: NinjaTrader 7
Broker/Data: Interactive Brokers/Kinetick
Favorite Futures: US stocks, EUR/USD
 
BCNTrader's Avatar
 
Posts: 119 since Sep 2010
Thanks: 138 given, 109 received



redratsal View Post
¡Hola!

Did you try with a DB repair

Will try it later, don't want to disconnect now. Thanks!

Reply With Quote
 
  #4 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
Thanks: 29,357 given, 83,237 received

Did it work?

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #5 (permalink)
Elite Member
Barcelona, Spain
 
Futures Experience: Intermediate
Platform: NinjaTrader 7
Broker/Data: Interactive Brokers/Kinetick
Favorite Futures: US stocks, EUR/USD
 
BCNTrader's Avatar
 
Posts: 119 since Sep 2010
Thanks: 138 given, 109 received


Big Mike View Post
Did it work?

Mike

Hey Mike, Thanks for this forum

Had no time to test it yesterday (market close is 10-11pm on my timezone).

Unfortunately, today I lost internet connection for a while (exactly when I almost push the button to enter on my real account, scary), and had time to hit the "repair".. still says $3.69 on that one.

So, using the sim. I did trades with 1 target where com. is OK ($4.92) but 2 targets still say $3.69 (no matter if the trade is a loss/profit)... is really weird because $3.69 / 2 = $1.845... makes no sense...
I tested also to modify the "Order qty" on the ATM Strategy from 2 to 1 contract without changing the "2 targets" part. Doing that, the com. is OK, but just one contract is traded

Instrument:
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


On Tools -> Options -> Commission have the same number because I only trade 6E right now and want something if I test other instruments, I like to see at least some com. on my trades.

Is something that's not concerning me too much, I can live with it, I copy everyday my trades from IB to a spreadsheet to write comments on it (like a journal). Even if I trade with NT in the future, I will continue with my spreadsheet but is something too simple that I thought that I had something wrong on my config.

Attached Thumbnails
Wrong Commissions with 2 target ATMs-screen-shot-2011-05-05-7.36.00-am.jpg  
Reply With Quote
 
  #6 (permalink)
Elite Member
Barcelona, Spain
 
Futures Experience: Intermediate
Platform: NinjaTrader 7
Broker/Data: Interactive Brokers/Kinetick
Favorite Futures: US stocks, EUR/USD
 
BCNTrader's Avatar
 
Posts: 119 since Sep 2010
Thanks: 138 given, 109 received

Quantity test:
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
 
  #7 (permalink)
Elite Member
Barcelona, Spain
 
Futures Experience: Intermediate
Platform: NinjaTrader 7
Broker/Data: Interactive Brokers/Kinetick
Favorite Futures: US stocks, EUR/USD
 
BCNTrader's Avatar
 
Posts: 119 since Sep 2010
Thanks: 138 given, 109 received

Tested on my laptop connected to Zen-Fire and installed from 0... EXACTLY THE SAME!... what the hell....

Reply With Quote
 
  #8 (permalink)
Elite Member
Barcelona, Spain
 
Futures Experience: Intermediate
Platform: NinjaTrader 7
Broker/Data: Interactive Brokers/Kinetick
Favorite Futures: US stocks, EUR/USD
 
BCNTrader's Avatar
 
Posts: 119 since Sep 2010
Thanks: 138 given, 109 received

FIXED!

Ok,

I don't know why NT works this way.

I found this on the NT Help Guide
Tip

"IMPORTANT: If you are setting up a commission rate for futures and you have a single rate, you would enter one commission level with the commission value and the units set to zero."



I had just the "Minimum commission" filled, now I added the "commission level" with 0 contracts:
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



And, here we go (last 4 lines, 2 before / 2 after):
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



* In my first post I said 4.92 but is 4.94 round-trip actually.

Ok... sorry for that mistake, I knew it was just wrong config.

Reply With Quote

Reply



futures io > > > > Wrong Commissions with 2 target ATMs

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
ATMs in a Strategy foxfox NinjaTrader Programming 11 November 3rd, 2014 11:43 PM
Advantage Futures (www.advantagefutures.com) moarla Reviews of Brokers and Data Feeds 28 June 19th, 2014 06:20 PM
Commissions for ES are killing me! Jugador Traders Hideout 21 July 18th, 2011 05:35 PM
Low commissions for Gold Coins Jeff Castille Off-Topic 7 May 6th, 2011 01:48 AM
MBTrading cuts forex commissions 41% Poocher Reviews of Brokers and Data Feeds 9 December 5th, 2009 08:49 AM


All times are GMT -4. The time now is 12:58 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-18 in 0.12 seconds with 20 queries on phoenix via your IP 54.196.201.241