Interesting observation: using NT6.5 and running 2 strategies
Interesting observation: usingNT6.5 and running 2 strategies on a single instrument with the same defined cumulative profit targets for each strategy (eg $1000 profit target for each), both strategies stop when the combined profit for both strategies hits $2000, ie the combined total of profit targets, regardless of how it is distributed. Eg one strategy hits $1500 and the other $500 - then both strategies stop. I would have thought that each strategy would have operated independently but apparently not. Has anyone else seen this? It could be useful as a trading method - ie trade variants of a strategy and perhaps reduce the profit for each strategy by 50%, which may reduce risk.
Just a thought.
Last edited by Big Mike; February 23rd, 2010 at 10:31 AM.
Reason: moved to platforms
The following user says Thank You to nanobiotech for this post:
This post has been selected as an answer to the original posters question
What you are describing should not be the way it works.
Each strategy is independent of itself. If you can reproduce this behavior it would represent a bug, imo.
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.
It seemed to happen again in the CL 4-10 cash market on 23 Feb 2010 in sim real time. This time I started one version of a strat on its own first and it hit $1220 profit in the first trade and ceased trading as its profit target of $1000 was achieved. Without resetting the sim account I then started a second version of the strat in the Cl 4-10 and it finished the day -$1950 without triggering the loss target (set at -$1000). Thus at close of trading, cumulative profit/loss for both strats combined was -$730. It appears that NT6.5 was waiting for cumulative losses for both strats combined to total more than -$2000 before the second strat ceased trading. If so the second strat may have hit a loss greater than -$3000 before it ceased trading.
This could be a problem if it happens with live trades.
I was running the same strategy on two different vehicles and from what I saw happening I was pretty sure the variables wrecked in the process. Someone at from NT in the forum said that this is possible so be careful out there.