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Lain

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Joined: 10/11/2012

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Subject : RE: Limit Trade Size using Daily Volume
Posted : 10/25/2012 4:58 PM
Post #21631 - In reply to #21366

Originally written by 210921 on 10/25/2012 4:08 PM

IMHO there are SO MANY trades going on in so many different symbols, etc ... it's probably just a "blip" one way or t'other on the issue of partial trades when the limit is set.

I'd FAR rather see the programming time spent to permit various strategies to SCALE IN AND OUT of trades on a given symbol. But I'm sure stuff like this will come eventually ... and that it's premature now.

From this thread:
http://www.omnitrader.com/currentclients/omnivestforum/thread-view.asp?threadid=3949&posts=9



Hi Jim,

Completely agree with you that there are much more important things to be done way before partial trades which is why I said add to a future enchancement.

But it's probably important to have it sometime in the future because as your account grows, it will knock out more and more trades reducing the amount you are invested. And one of the purposes of OmniVest is to have a good portion of your account invested at all times, so your money is continually working for you.


You can see what happens from the example below:

No Volume Limit
Account grows to +$900 million and a good amount of your account is invested at all times.




0.1% Volume Limit
Account only grows to +$20 million and you are less and less invested by the end.




These are using HUGE account numbers and probably not realistic for a person to actually reach these levels. Which is why it's not important right now.
But WHEN OmniVest has all it's features and strategies added and ends up being able to produce returns like this, it would be something that's needed so your accounts don't stall.

This also goes along with ranking stratgies and adding strategies as you start maxing out your trades.


Lain

[Edited by Lain on 10/25/2012 5:26 PM]

Attached file : NoVolLimit.jpg (120KB - 483 downloads)
Attached file : DefaultVolLimit.jpg (122KB - 510 downloads)

Deleting message 21631 : RE: Limit Trade Size using Daily Volume


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