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Optimus Futures Discrepancy
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Optimus Futures Discrepancy

  #1 (permalink)
Trading Apprentice
London, UK
 
Futures Experience: Intermediate
Platform: MultiCharts, MT4, R Trader
Broker/Data: Rithmic
Favorite Futures: ES, NQ, AU
 
Posts: 37 since Jul 2012
Thanks: 15 given, 12 received

Optimus Futures Discrepancy

I'm currently paper trading my method with Optimus Futures (Sim 1 account on Multicharts) ES with one contract.

On one trade Friday I bought at 1,547.50 and closed at 1,548.75. To me this is 5 ticks at $12.50 per tick, a return of $67.50.

However my demo account was only credited with $25!

Coming from a Forex spot market background I may be missing something but can anyone please explain the discrepancy here as I am baffled?

The only thing I could think of was something to do with the spread but even then I couldn't see how there would be such a difference in my return.

Thanks in advance...

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  #2 (permalink)
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  #3 (permalink)
Elite Member
Jakarta
 
Futures Experience: Intermediate
Platform: TT, Sierra
Favorite Futures: Bund
 
Harlequin's Avatar
 
Posts: 27 since Jan 2013
Thanks: 8 given, 11 received


just a friendly reminder, question like this can be answered faster if you post some screenshot.
don't know about MC but with NT we can actually see the open and close of a transaction.

cheers

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  #4 (permalink)
Trading Apprentice
London, UK
 
Futures Experience: Intermediate
Platform: MultiCharts, MT4, R Trader
Broker/Data: Rithmic
Favorite Futures: ES, NQ, AU
 
Posts: 37 since Jul 2012
Thanks: 15 given, 12 received


Harlequin View Post
just a friendly reminder, question like this can be answered faster if you post some screenshot.
don't know about MC but with NT we can actually see the open and close of a transaction.

cheers

Have attached the order and position history from Multicharts below...

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Any ideas?

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  #5 (permalink)
Elite Member
Jakarta
 
Futures Experience: Intermediate
Platform: TT, Sierra
Favorite Futures: Bund
 
Harlequin's Avatar
 
Posts: 27 since Jan 2013
Thanks: 8 given, 11 received

current highest volume for ES is ESM3, ESH3 rollover is Thursday March 7th , 2013 and Settlement is Friday March 15th, 2013.
this is the possibility which may be causing error.

however lets wait for someone who is more technically savvy to chime in.


Last edited by Harlequin; March 11th, 2013 at 09:39 AM.
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  #6 (permalink)
Trading Apprentice
London, UK
 
Futures Experience: Intermediate
Platform: MultiCharts, MT4, R Trader
Broker/Data: Rithmic
Favorite Futures: ES, NQ, AU
 
Posts: 37 since Jul 2012
Thanks: 15 given, 12 received


Harlequin View Post
current highest volume for ES is ESM3, ESH3 rollover is Thursday March 7th , 2013 and Settlement is Friday March 15th, 2013.
this is the possibility which may be causing error.

however lets wait for someone who is more technically savvy to chime in.

Thanks for your help Harlequin, hopefully someone can help further?!

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  #7 (permalink)
Trading Apprentice
London, UK
 
Futures Experience: Intermediate
Platform: MultiCharts, MT4, R Trader
Broker/Data: Rithmic
Favorite Futures: ES, NQ, AU
 
Posts: 37 since Jul 2012
Thanks: 15 given, 12 received

Also I have taken screens where the profit is the same at 4 different tick prices - $12.50.

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3 ticks up $12.50 profit...

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3 ticks below the first screen at my entry and profit still showing $12.50. That's 4 price increments all showing the same.

Is this right? I realise spread may be playing a part here but it seems odd to me that 4 different tick prices all show the same profit.

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  #8 (permalink)
Market Wizard
Boca Raton
 
Futures Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
mattz's Avatar
 
Posts: 2,059 since Sep 2010
Thanks: 1,932 given, 2,781 received
Forum Reputation: Legendary

The situation has been solved.

Just as a general reference, the credentials for paper trading over Rithmic have to be different from the real account when using MC. In this case, the P&L was wrong due to lack of connectivity and was not updating, not because of wrong tick calculations.

I have done a remote connection to the customer's computer, fixed and now its running smoothly.

Matt

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
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  #9 (permalink)
Trading Apprentice
London, UK
 
Futures Experience: Intermediate
Platform: MultiCharts, MT4, R Trader
Broker/Data: Rithmic
Favorite Futures: ES, NQ, AU
 
Posts: 37 since Jul 2012
Thanks: 15 given, 12 received


mattz View Post
The situation has been solved.

Just as a general reference, the credentials for paper trading over Rithmic have to be different from the real account when using MC. In this case, the P&L was wrong due to lack of connectivity and was not updating, not because of wrong tick calculations.

I have done a remote connection to the customer's computer, fixed and now its running smoothly.

Matt

Thanks again for your help with this matter Matt. Class 1 service!

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