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Another TST Combine


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Another TST Combine

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  #31 (permalink)
prague, czech republic
 
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Big Mike View Post
Yes, I don't understand people that think trading doesn't cost money.

As for interface, yes, it looks like Windows 3.1 is exactly right. The UI looks like the stone age out of the box, but if you spend an hour customizing it you'll find probably the best DOM in the industry...

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  #32 (permalink)
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xelaar View Post
I like T4, what else can I say?

It's all personal preference. Ninja, T4, X_Trader, they all have great DOM's and you should select the one that best fits your trading style.

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  #33 (permalink)
wa/ usa
 
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xelaar View Post
Just read in your post in TST AMA thread. I had the same problem with position size when OCO is on, .

I dont what you mean by that--S/L OCO by its very nature is a position reducing order no matter which way you slice it. So how can a sitting Stop/target OCO stop you from adding. OCO orders shouldnt stop you from adding to a position.

And if I am wrong it shouldnt allow you to do that in the practise account also.

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  #34 (permalink)
prague, czech republic
 
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Trading: DAX, Gold, Euro
 
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garyboy275 View Post
I dont what you mean by that--S/L OCO by its very nature is a position reducing order no matter which way you slice it. So how can a sitting Stop/target OCO stop you from adding. OCO orders shouldnt stop you from adding to a position.

And if I am wrong it shouldnt allow you to do that in the practise account also.

Oh I agree with you. Its a bug or something but you cant add to an open position up to max size, always 1 car less than max.
Its same in practice account.

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  #35 (permalink)
denver, colorado
 
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garyboy275 View Post
I dont what you mean by that--S/L OCO by its very nature is a position reducing order no matter which way you slice it. So how can a sitting Stop/target OCO stop you from adding. OCO orders shouldnt stop you from adding to a position.

And if I am wrong it shouldnt allow you to do that in the practise account also.

Ninja behaves in this same way - if you have orders in the market (stop or limit) that exceed your position sizing limits it won't allow you to add more orders into the market. Its pretty common and makes sense from a risk management perspective. Also, its a trap to start blaming your software for having a losing day - its very tempting because its takes some of the responsibility away and lessens the frustration. But it will get you in the long run. The only thing that will make you a better trader is to take responsibility for your losses so you can learn from them. You probably realize this already but its worth mentioning it here.

Seek freedom and become captive of your desires. Seek discipline and find your liberty. - Frank Herbert
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  #36 (permalink)
prague, czech republic
 
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This is true because oco potentially can get both sides triggered. Happened to me on mc live. Dont see how allowing 1 less car can help though

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  #37 (permalink)
wa/ usa
 
Experience: Intermediate
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Trading: CL ES 6C 6E
 
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Days like this are really hard where you think you did everything right but still didnt workout. I stopped trading at -800 close enough for me. Also the reason for posting the public journal. Earlier I could always make the excuse that it wasnt my fault but the way I look at it is that its my account and ultimately I am responsible for it. Whether it goes up or down.

I had a good morning. One small gain then one loss but mentally I was good. Yesterdays profile was balanced and today was a gap up. I wanted to go long at open but there was nothing to lean against so I decided against it. Nearest stop would have been around 93.75ish about 40 tics away. I had trigger set for 93.80 but it never went there just gap and go. I was very disciplined and had good read. Never short in early morning coming off a balanced profile unless you find a solid reason(odds are just not good). It kept basing around 94.38ish to 94.50 I waited about 20 minutes to let it digest then got on when the move was ripe. Got in at 94.55 out for +30. Moved the stop to breakeven as soon as I got my 8-9 tics as planned yesterday. Then a small loss and small gains just chopping around. I stayed patient. Did some analysis and figured 95.18 to 95.30ish should provide some resistance. It topped around 95.18 got short2@ 95.09 then tried adding on its second ascent to 95.32(only after confirmation) I had put in a lot of effort into this trade. Tried going short at 95.24 thinking was going to hold it to end of day if it worked out(I had decent profit to hit a homerun). It rejected the order WTF--only had OCO orders open and I couldnt figure it out what was happening. Cancelled all orders (which is kinda risky for CL-you could be risking yr entire combine here on another rip) tried shorting again at 95.29 and missed it by a tic. It wouldve been fine by now--no big deal. Then closed 1 for a 5 tic loss since it wasnt going down. Then tried closing the other one and it wouldnt. I was long and short my own account on same contract. If you didnt know this is not only impossible but illegal too.

I tried a couple of different orders and tried cancelling orders nothing was working. Few seconds later I find out I am long 3 now. So I just flatten out and get the F out of the system. I find it rather comical now but one thing I forgot to do was take a screenshot of being long and short my own account. It's hard to explain without that but at the time I was more thinking of closing the position properly and trading properly rather than fixing someone's errors for them.

Anyways 5 days gone and I am down 1k. I have to really focus and build some wiggle room again.

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  #38 (permalink)
wa/ usa
 
Experience: Intermediate
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Trading: CL ES 6C 6E
 
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Surly View Post
Ninja behaves in this same way - if you have orders in the market (stop or limit) that exceed your position sizing limits it won't allow you to add more orders into the market. Its pretty common and makes sense from a risk management perspective. Also, its a trap to start blaming your software for having a losing day - its very tempting because its takes some of the responsibility away and lessens the frustration. But it will get you in the long run. The only thing that will make you a better trader is to take responsibility for your losses so you can learn from them. You probably realize this already but its worth mentioning it here.

But it allows on their practice account.

I feel the same way. It was my choice to do the combine, my choice to do it on T4 and my choice to enter the trades when I did and its reflecting in my account. No one else has anything o do with it. Thats why I have a public journal. The OCO was a missed chance (no big deal) I miss at least 5-6 trades every day. To me its the process not the end result that matters. If the process is right the end result will always be right, there maybe some hic cups on the way.

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  #39 (permalink)
wa/ usa
 
Experience: Intermediate
Platform: schwab, metatrader, OEC,T4,TDameritrade
Trading: CL ES 6C 6E
 
Posts: 261 since Oct 2012
Thanks: 202 given, 447 received


xelaar View Post
This is true because oco potentially can get both sides triggered. Happened to me on mc live. Dont see how allowing 1 less car can help though


I ll take your word for it but unless its really close(or you have a restricting parameter such as limit etc) how can it trigger both I mean the milliseconds it needs to communicate-doesnt OCO mean One Cancels other ?

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  #40 (permalink)
wa/ usa
 
Experience: Intermediate
Platform: schwab, metatrader, OEC,T4,TDameritrade
Trading: CL ES 6C 6E
 
Posts: 261 since Oct 2012
Thanks: 202 given, 447 received



xelaar View Post
Oh I agree with you. Its a bug or something but you cant add to an open position up to max size, always 1 car less than max.
Its same in practice account.


No its not check the practice account screenshot all Auto OCO--shorted 2 , added 11 then added 2 more upto max 15 allowed. I wouldve expected what you said above.

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