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BrianD

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Posts: 302

Joined: 2/23/2013
Location: Grand Rapids, MI

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Subject : RE: Trade Processor Pre Release 4D is posted
Posted : 5/17/2016 6:34 PM
Post #35916 - In reply to #35913

Barry: Trying to understand Delay Opening Orders functionality.
Currently, I have set OV "Buying Power" at 150%, but TP "Max Equity" at 160%. Objective: I was trying to stop "TP overnight margin exceeded" to cancel trades OV defined. My assumption is extra TP "Max Equity %" value setting leaves $$ for those unexpected overnight decreases in Account value that could cancel a trade OV calculated the day before.
I do not completely understand this additional function use. Will "Delay Opening Order" functionality address my objective? Should "Delay Opening Orders" be set to 9:30:01? Should I assume anything time before opening of the market may still cause a reject of the OV suggested position(s) if market value > Account value before exit of existing positions.

Deleting message 35916 : RE: Trade Processor Pre Release 4D is posted


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