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Hello everybody
is it correct that Tradestation 4, when i have a trading system on, cancel
the order 1 minutes before the bar ends end place a new order as soon as a
new tick is received at the open of the next bar?
it sometimes happen that, when a system is on and the stop (loss or profit )
is near the price (but does not touch the stop) in that moment , in the
minute in wich the order is going to be canceled the position remain
correctley open.. but when i turn off the system and data reception ( for
instance at the end of the trading day) and the day after i open
Tradestation and the system,the position is closed the day before...
all the trades in the past are the same, only last trade is different.
is there a setting to check in Tradestation?
I noticed, too, that the time that is displayed in omega server is the time
of the datafeed, but in a quote window is 1 minute(about) delayed..
Can anyone help me?
thank you in advance ( and i apologize for my bad english)
Roberto from Italy.
----- Original Message -----
From: "Sean O'Toole" <sean@xxxxxxxxxxxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Friday, April 13, 2001 5:31 PM
Subject: RE: Online futures trading - any suggestions?
> Has anyone on the list used X_Trader yet? Trading Technologies and IB
have
> partnered to offer the X_Trader platform along with IB's market access and
> network. This might be the solution to the problem with stops and stop
> limits.
>
> Sean
>
>
>
> > The IB web site states, and their help desk confirmed, that all stop
limit
> > orders are simulated (ie stored on the IB system) even though
> > other brokers
> > store stop limit orders on Globex2. That feature may be a source of
> > slippage.
> >
> > Probably connected with the above - IB does not confirm stop limit
cancels
> > with a tracking number that can later be used as evidence in case of a
> > dispute. I use cancels a lot, and this introduces an amount of
> > uncertainty
> > in your trading.
> >
> > I have been interested in IB for some time, but have not yet given them
a
> > try.
> >
> > ndtrader
> >
> >
>
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