OmniVest Forum OmniVest Forum
forums calendars search
today this week
 
register logon control panel Forum Rules
You are currently browsing as a guest.
You should logon to access more features
A Self-Moderated Community - ALL MEMBERS, PLEASE READ!
Vote for Members who contribute the most to your trading, and help us moderate content within the Forums.


[Random Quote] -


Only Forum Moderators, Administrators, and the owner of this message may delete it.

 
Steve2

Elite
5001001002525
Posts: 750

Joined: 10/11/2012
Location: Annapolis, MD

User Profile
 
Subject : RE: OV Tool suite: Q1 2015 performance experience
Posted : 4/4/2015 5:38 AM
Post #34990 - In reply to #34989

Hi Brian,

Are you running the beta TP? It has a new trade setting that allows you to delay submission of opening orders. I run my IRA margin account with Settlement Wait = 0 and buying power equal 95%. I have TP configured to submit closing orders before market open and opening orders 5 minutes after market open. This allows closing orders to complete execution before the opening orders get submitted. I've been running this configuration for two months without a single rejected opening order.

While I haven't been tracking slippage impact, I suspect it shouldn't matter over the long run (I.e., sometimes you'll do better than the opening price and sometimes worse). In any case, it will be much better than letting funds sit on the sidelines for a day.

Steve
Deleting message 34990 : RE: OV Tool suite: Q1 2015 performance experience


Nirvana Systems
For any problems or issues please contact our Webmaster at webmaster@nirvsys.com.