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Discrepancy between simulated trades and real trad
10 replies, 952 viewings
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OmniVest User Forums
OmniVest Technical Support
Discrepancy between simulated trades and real trad
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Last Activity 5/11/2023 2:59 AM 10 replies, 952 viewings |
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calmger Member Posts: 18 Joined: 1/1/2016  User Profile |
I assume that these have to be identical otherwise nothing makes sense. I attach two Excel files from Omnivest web sites for my account IB. I would like to get an explanation. [Edited by calmger on 1/31/2016 10:06 PM]  Attached file : Omnivest simulated trades.xlsx (17KB - 182 downloads) Attached file : Omnivest real trades.xlsx (12KB - 182 downloads) | ||
| Barry Cohen Icon     Posts: 1844 Joined: 10/11/2012 User Profile |
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| calmger Member Posts: 18 Joined: 1/1/2016 User Profile |
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| calmger Member Posts: 18 Joined: 1/1/2016 User Profile |
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| calmger Member Posts: 18 Joined: 1/1/2016 User Profile |
Attached file : Myomnivest screenshots of account and trades pages.jpg (416KB - 184 downloads) | ||
| Barry Cohen Icon Posts: 1844 Joined: 10/11/2012 User Profile |
Simulated trades can change. They are always based on your current account settings & portfolios. Your actual trades on your Trade page is your trade record & cannot change unless you do something like reset your account. So let's say Monday morning AAPL is a new open order. When it executes it gets locked into your trade record. Let's say it closes out on Thursday. At this point you see the historical trade on the Trades page as well as a simulated trade on the Accounts page. But then you add an account setting filter or disable that portfolio & that change filters out that AAPL trade. Now the simulated trade is gone, but it remains on the Trades page. Your Account Log shows that you've made several changes in the account as far as settings & portfolios being enabled/disabled. So your simulated trades & trade record will never match, which is very normal. If you absolutely want them to be equal you have to reset your account & never make any changes to that account going forward. | ||
| calmger Member Posts: 18 Joined: 1/1/2016 User Profile |
I will reset the account and start from the beginning not changing any settings. Hopefully it will help. | ||
| calmger Member Posts: 18 Joined: 1/1/2016 User Profile |
Trading started on Feb 2 2016 and today is Feb 8 2016: one week. Please can you provide any comments? In my understanding we should not have any discrepancy. [Edited by calmger on 2/8/2016 11:03 PM] Attached file : Trades Feb 8 2016.jpg (410KB - 183 downloads) Attached file : Simulated Historical Positions Feb 8 2016 .jpg (339KB - 183 downloads) | ||
| Jim Dean Elite Posts: 1059 Joined: 10/11/2012 Location: L'ville, GA User Profile |
There are different settings for simulated vs historical. If they differ *at all* then trade will be diff and the diff's will compound over time. So, it should be everyone's understanding that simulated is simulated and historical is historical and the two normally will differ. | ||
| Barry Cohen Icon Posts: 1844 Joined: 10/11/2012 User Profile |
The Simulated trades use a static current balance value. So while your actual current balance fluctuates up & down, the simulated balance remains static. This would cause the trades to start off the same & then slowly but surely be different. And once one difference occurs, you'll see a lot more. So with that fact, I apologize, but I don't think it's even possible to get simulated trades to match with an ongoing trade record. The only chance might be to manually update your current balance to the same starting value every single evening. That might be ok for paper trading even though tedious, but certainly wouldn't work if you had the account connected to a broker. | ||
| BrianD Legend Posts: 302 Joined: 2/23/2013 Location: Grand Rapids, MI User Profile |
But, if you ever change the Trade=Yes Account's parameters, all correlation is off between Historical and Simulated. As a best practice, I build 2 Accounts - one is for "Trade=Yes" (which I NEVER change) and the other Account is for playing around, if you will. Net to me, if you ever change the "Trade=Yes" Account settings, you can never look back, so I leave it alone. |
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