|
PureBytes Links
Trading Reference Links
|
(it is a bit of a mystery how I got my shorts at
the exact open price then ....).
Ed,
It is my understanding, and I may be all wet, that the uptick rule is in
regards to the bid, not the ask or the trade price. So, if the bid upticks, then
you can go short. Perhaps this is why you got filled at the exact open.
Al V.
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
ed2000nl
To: <A title=amibroker@xxxxxxxxxxxxxxx
href="">amibroker@xxxxxxxxxxxxxxx
Sent: Wednesday, December 17, 2003 1:32
PM
Subject: Re: [amibroker] Re: Interactive
Brokers / MOO orders / shorts
Additional remarks: The orders that were executed on the
Nyse have beenexecuted EXACTLY on the open price (mind you this is a test
with smallorders of only a 100 shares each).The uptick ruling in
the case of SHORT transactions basicly is an insurancethat you will not
short the stock at rediculous prices since the transactionis only executed
at a HIGHER price as the previous transaction (it is a bitof a mystery how
I got my shorts at the exact open price then ....). Today Ihad enough time
to execute the shorts that did not go at even morefavourable
prices.Sofar MOO seems pretty good. If there is NO uptick or NO
transaction within30 seconds after the market opens, the order is
cancelled. That is the onlyproblem. So one has to do a bit of manual labor
just after opening after all...regards, Ed-----
Original Message -----From: "ed2000nl" <pablito@xxxxxxx>To:
<amibroker@xxxxxxxxxxxxxxx>Sent: Wednesday, December 17, 2003 4:03
PMSubject: Re: [amibroker] Re: Interactive Brokers / MOO orders /
shorts> here my report.>> according to my system
I had to enter at the open (about 20% of theaccount> is divided
amongst each symbol):>> Short positions:> KO>
ETM> GPM> UVN>> Longs positions:>
S>> I placed MOO order directly to Nyse>> Executed
were at 2 separate accounts (same prices on both accounts).> short
position ETM at 51.52 (official open price 51.53)> short position UVN
at 38.89 (official open price 38.90)> long position S at 43.52
(official open price 43.51)>> Not executed are KO and
GPM>> I managed to get in manually in a short KO at 50.60
(slightly better than> the open price). Still working on
GPM>> I am a bit disappointed not all orders went
through,>> regards, Ed>> ----- Original Message
-----> From: "ed2000nl" <pablito@xxxxxxx>> To:
<amibroker@xxxxxxxxxxxxxxx>> Sent: Wednesday, December 17, 2003
1:24 PM> Subject: Re: [amibroker] Re: Interactive Brokers / MOO orders
/ shorts>>> > John,> >> > today I
will try it out (small orders only). The MOO test on the Nasdaq>
was> > not too bad. Only a few cents off (+ or -) with respect to
the"official"> > open price where on average I would expect to
be able to use the open> price> > in my calculations.>
>> > Today I am going to trade Nyse stocks only. I set my orders
already and> they> > are directly routed to the NYSE (9:30
am). Can't find it at the momentbut> I> > read that this
order should be executed in a "bulk" order at the open> (other>
> then MOO orders on the Nasdaq)...... hope I am not wrong about
that(only> > playing with small money)> >> >
..... will let you know ..> >> > rgds, Ed>
>> >> > ----- Original Message -----> > From:
<jea55129@xxxxxxxxx>> > To:
<amibroker@xxxxxxxxxxxxxxx>> > Sent: Wednesday, December 17,
2003 12:52 PM> > Subject: [amibroker] Re: Interactive Brokers / MOO
orders / shorts> >> >> > > Ed,> >
>> > > Let us know how it turns out, but I have a feeling it
won't be in> > > your favor. Yes, you will get filled. But at
what price. Everyday I> > > see market orders get filled far away
from the bid and ask. Sometimes> > > a point and more. And I am
talking about equities with lots of> > > volumn,
msft,amd,etc...> > > I used to do market orders at eod. They'd
get me some times. But most> > > times the gap in the next am
would take care of it.> > >> > > Regards,>
> >> > > John> > > --- In
amibroker@xxxxxxxxxxxxxxx, "ed2000nl" <pablito@xxxx> wrote:> >
> > Herman,> > > >> > > > I hope you
didn't have these problems when trying to short stocks> > > on
the Nyse/Amex using MOO orders. This is what I am going to try> >
> today. If this doesn't work either then those MOO orders are a
joke.> > > But as I understand on the Nyse/Amex the specialist
gets all MKT> > > orders on the open together, thinks of some
nice price and executes> > > them. So today they should go. If it
works then basicly these> > > backtests in AB are pretty exact.
No slippage only commissions ...> > > >> > > >
rgds, Ed> > > >> > > > -----
Original Message -----> > > > From: Herman
vandenBergen> > > > To:
amibroker@xxxxxxxxxxxxxxx> > > > Sent: Wednesday,
December 17, 2003 8:48 AM> > > > Subject: RE:
[amibroker] Interactive Brokers / MOO orders / shorts> > >
>> > > >> > > > Hello
Ed,> > > >> > > > My Short OPG
orders were cancelled after 15 seconds, I also> > > inquired, see
below. I never had a problem with Long orders. I think> > > ETFs
are also excempt from the uptic rule.> > > > Dear
Trader,> > > > In response to your inquiry our
programmers have informed me: 15> > > SECONDS.> > >
> Sincerely,> > > > IB Customer
Service> > > > -----Original
Message-----> > > > From: ed2000nl
[mailto:pablito@xxxx]> > > > Sent:
December 17, 2003 3:05 PM> > > > To:
amibroker@xxxxxxxxxxxxxxx> > > >
Subject: Re: [amibroker] Interactive Brokers / MOO orders /> > >
shorts> > > >> > > >> > >
> Herman,> > > >> > >
> on my question how I could be assured a list of
stocks to be> > > shorted on the Nasdaq would indeed be
triggered, IB says:> > > >> > >
> > This will be a difficult task as you will
need an uptick at> > > the open. If a market on open or limit on
open order is not filled> > > > >
in 30 seconds IB will cancel the order.> > > >> >
> > but there must be a way to do it but for
sure I can not do it> > > by hand because I have several accounts
to work on ..... one woud> > > think that to buy a stock one
would have a similar problem on the> > > Nasdaq. However ALL my
longs were triggered on ALL my accounts.> > > >> >
> > regards, Ed> > > >>
> > > ----- Original Message
-----> > > > From: Herman
vandenBergen> > > > To:
amibroker@xxxxxxxxxxxxxxx> > >
> Sent: Wednesday, December 17, 2003
12:54 AM> > > > Subject:
RE: [amibroker] Interactive Brokers / MOO orders /> > >
shorts> > > >> > > >> > >
> Try higher volume stocks. You need to
define why the order> > > wasn't filled, email IB for perticulars
(from your TWS). Usually it> > > is either the uptick requirement
of the volume that makes the Short> > > order expire, sometimes
it is an IB error :-)> > > >> > >
> h> > >
> -----Original
Message-----> > >
> From: ed2000nl
[mailto:pablito@xxxx]> > >
> Sent: December 16, 2003
11:24 PM> > >
> To:
amibroker@xxxxxxxxxxxxxxx> > >
> Subject: [amibroker]
Interactive Brokers / MOO orders /> > > shorts> > >
>> > > >> > >
> hello,> > >
>> > > >
having a system that seems to work fine is only useful if> > >
one can use it in the "real" world. I wonder if there are people> >
> using Interactive Brokers (IB) who have solved some practical>
> > problems.> > > >> > >
> first you need to
backtest a system using a list of stocks> > > that actually are
allowed to be shorted. I have the list so that> > > problem is
solved hopefully. How reliable is this list. Is it updated> > >
or does one run into stock one cannot short after all.> > >
>> > > >
Then there is the problem of the orders. Since I use open> > >
prices in a current system I am testing I use MOO orders. They are>
> > actually designed to be used on the Nyse and Amex but I only
used> > > them on the Nasdaq and I get a price pretty close to
the actual open> > > price when I place a MOO buy order (for
small orders). But SHORT> > > orders were not executed (on the
Nasdaq) because the 30 sec time> > > limit was exceeded
..... So I am pretty comfortable with the LONG> > > orders
but would like to know how people place SHORT orders at the> > >
OPEN with Interactive Brokers,> > > >> > >
> regards, Ed> >
> >> > > >> > >
> Send BUG REPORTS to
bugs@xxxx> > >
> Send SUGGESTIONS to
suggest@xxxx> > >
>
-----------------------------------------> > >
> Post AmiQuote-related
messages ONLY to:> > > amiquote@xxxxxxxxxxxxxxx> > >
> (Web page: <A
href="">http://groups.yahoo.com/group/amiquote/messages/)>
> > >
--------------------------------------------> > >
> Check group FAQ
at:> > > <A
href="">http://groups.yahoo.com/group/amibroker/files/groupfaq.html>
> > >> > > >> > > >> > >
>> > > >
-------------------------------------------------------------------->
> > ----> > >
> Yahoo! Groups
Links> > > >> > >
> a.. To visit
your group on the web, go to:> > >
> <A
href="">http://groups.yahoo.com/group/amibroker/>
> > >> > >
> b.. To
unsubscribe from this group, send an email to:> > >
>
amibroker-unsubscribe@xxxxxxxxxxxxxxx> > > >> > >
> c.. Your use
of Yahoo! Groups is subject to the Yahoo!> > > Terms of
Service.> > > >> > > >> > >
>> > > >> > >
> Send BUG REPORTS to bugs@xxxx>
> > > Send SUGGESTIONS to
suggest@xxxx> > > >
-----------------------------------------> > >
> Post AmiQuote-related messages ONLY
to:> > > amiquote@xxxxxxxxxxxxxxx> > >
> (Web page: <A
href="">http://groups.yahoo.com/group/amiquote/messages/)>
> > >
--------------------------------------------> > >
> Check group FAQ at:> > >
<A
href="">http://groups.yahoo.com/group/amibroker/files/groupfaq.html>
> > >> > > >> > > >> > >
>
-------------------------------------------------------------------->
> > ------> > > >
Yahoo! Groups Links> > > >> > >
> a.. To visit your group
on the web, go to:> > >
> <A
href="">http://groups.yahoo.com/group/amibroker/>
> > >> > >
> b.. To unsubscribe from
this group, send an email to:> > >
>
amibroker-unsubscribe@xxxxxxxxxxxxxxx> > > >> > >
> c.. Your use of Yahoo!
Groups is subject to the Yahoo!> > > Terms of Service.>
> > >> > > >> > > >> > >
>> > > > Send BUG REPORTS to
bugs@xxxx> > > > Send SUGGESTIONS to
suggest@xxxx> > > >
-----------------------------------------> > >
> Post AmiQuote-related messages ONLY to:>
> > amiquote@xxxxxxxxxxxxxxx> > >
> (Web page: <A
href="">http://groups.yahoo.com/group/amiquote/messages/)>
> > >
--------------------------------------------> > >
> Check group FAQ at:> > > <A
href="">http://groups.yahoo.com/group/amibroker/files/groupfaq.html>
> > >> > > >> > > >> > >
>
-------------------------------------------------------------------->
> > --------> > > > Yahoo!
Groups Links> > > >> > >
> a.. To visit your group on the web,
go to:> > > > <A
href="">http://groups.yahoo.com/group/amibroker/>
> > >> > > > b..
To unsubscribe from this group, send an email to:> > >
>
amibroker-unsubscribe@xxxxxxxxxxxxxxx> > > >> > >
> c.. Your use of Yahoo! Groups is
subject to the Yahoo! Terms> > > of Service.> > >
>> > > >> > > >> > >
>> > > > Send BUG REPORTS to bugs@xxxx>
> > > Send SUGGESTIONS to suggest@xxxx> > >
> -----------------------------------------> > >
> Post AmiQuote-related messages ONLY to:
amiquote@xxxxxxxxxxxxxxx> > > > (Web page: <A
href="">http://groups.yahoo.com/group/amiquote/messages/)>
> > >
--------------------------------------------> > >
> Check group FAQ at:> > > <A
href="">http://groups.yahoo.com/group/amibroker/files/groupfaq.html>
> > >> > > >> > >
> Yahoo! Groups
Sponsor> > >
>
ADVERTISEMENT> > > >> > > >> > >
>> > > >> > > >> > > >
-------------------------------------------------------------------->
> > ----------> > > > Yahoo! Groups
Links> > > >> > > >
a.. To visit your group on the web, go to:> > >
> <A
href="">http://groups.yahoo.com/group/amibroker/>
> > >> > > > b.. To
unsubscribe from this group, send an email to:> > >
> amibroker-unsubscribe@xxxxxxxxxxxxxxx>
> > >> > > > c.. Your use of
Yahoo! Groups is subject to the Yahoo! Terms of> > >
Service.> > >> > >> > > Send BUG
REPORTS to bugs@xxxxxxxxxxxxx> > > Send SUGGESTIONS to
suggest@xxxxxxxxxxxxx> > >
-----------------------------------------> > > Post
AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx> > >
(Web page: <A
href="">http://groups.yahoo.com/group/amiquote/messages/)>
> > --------------------------------------------> > > Check
group FAQ at:> > <A
href="">http://groups.yahoo.com/group/amibroker/files/groupfaq.html>
> >> > >> > > Yahoo! Groups Links> >
>> > > To visit your group on the web, go to:> >
> <A
href="">http://groups.yahoo.com/group/amibroker/>
> >> > > To unsubscribe from this group, send an email
to:> > > amibroker-unsubscribe@xxxxxxxxxxxxxxx> >
>> > > Your use of Yahoo! Groups is subject to:> >
> <A
href="">http://docs.yahoo.com/info/terms/>
> >> > >> > >> >>
>> > Send BUG REPORTS to bugs@xxxxxxxxxxxxx> > Send
SUGGESTIONS to suggest@xxxxxxxxxxxxx> >
-----------------------------------------> > Post AmiQuote-related
messages ONLY to: amiquote@xxxxxxxxxxxxxxx> > (Web page: <A
href="">http://groups.yahoo.com/group/amiquote/messages/)>
> --------------------------------------------> > Check group FAQ
at:> <A
href="">http://groups.yahoo.com/group/amibroker/files/groupfaq.html>
>> > Yahoo! Groups Links> >> > To visit your
group on the web, go to:> > <A
href="">http://groups.yahoo.com/group/amibroker/>
>> > To unsubscribe from this group, send an email to:>
> amibroker-unsubscribe@xxxxxxxxxxxxxxx> >> >
Your use of Yahoo! Groups is subject to:> > <A
href="">http://docs.yahoo.com/info/terms/>
>> >> >>>> Send BUG REPORTS to
bugs@xxxxxxxxxxxxx> Send SUGGESTIONS to suggest@xxxxxxxxxxxxx>
-----------------------------------------> Post AmiQuote-related
messages ONLY to: amiquote@xxxxxxxxxxxxxxx> (Web page: <A
href="">http://groups.yahoo.com/group/amiquote/messages/)>
--------------------------------------------> Check group FAQ at:<A
href="">http://groups.yahoo.com/group/amibroker/files/groupfaq.html>>>
Yahoo! Groups Links>> To visit your group on the web, go
to:> <A
href="">http://groups.yahoo.com/group/amibroker/>>
To unsubscribe from this group, send an email to:>
amibroker-unsubscribe@xxxxxxxxxxxxxxx>> Your use of Yahoo!
Groups is subject to:> <A
href="">http://docs.yahoo.com/info/terms/>>>Send
BUG REPORTS to bugs@xxxxxxxxxxxxxSend SUGGESTIONS to
suggest@xxxxxxxxxxxxx-----------------------------------------Post
AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx (Web page: <A
href="">http://groups.yahoo.com/group/amiquote/messages/)--------------------------------------------Check
group FAQ at: <A
href="">http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Yahoo! Groups Links
To visit your group on the web, go to:<A
href="">http://groups.yahoo.com/group/amibroker/
To unsubscribe from this group, send an email to:<A
href="">amibroker-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to the <A
href="">Yahoo! Terms of Service.
<BLOCKQUOTE
><FONT
face="Courier New">---Outgoing mail is certified Virus
Free.Checked by AVG anti-virus system (<A
href="">http://www.grisoft.com).Version: 6.0.551
/ Virus Database: 343 - Release Date:
12/11/2003
Send BUG REPORTS to bugs@xxxxxxxxxxxxx
Send SUGGESTIONS to suggest@xxxxxxxxxxxxx
-----------------------------------------
Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx
(Web page: http://groups.yahoo.com/group/amiquote/messages/)
--------------------------------------------
Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Yahoo! Groups Links
To visit your group on the web, go to:http://groups.yahoo.com/group/amibroker/
To unsubscribe from this group, send an email to:amibroker-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
|