OmniTrader Forum - OmniTrader 2017 Technical Support
When it is loss, Gain is displayed

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Calmger

Posts: 18

Joined: 1/17/2004
Location: Canada

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Subject : When it is loss, Gain is displayed
Posted : 11/4/2017 10:46 AM
Post #42600

When it is loss, Gain is displayed. See the image.
Attached file : Omnitrader2017_2g Bug.jpg (562KB - 87 downloads)

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Hafnium

Posts: 55

Joined: 1/1/2004
Location: Fairfax, VA

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Subject : RE: When it is loss, Gain is displayed
Posted : 11/5/2017 8:49 AM
Post #42601 - In reply to #42600

Average entry price is $60.91
Exit price is $62.31

Looks like a 2.3% gain from my quick inspection.



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Calmger

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Subject : RE: When it is loss, Gain is displayed
Posted : 11/5/2017 10:57 AM
Post #42602 - In reply to #42600

Entry price is $66.73
Attached file : Advisor.PNG (106KB - 50 downloads)

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Hafnium

Posts: 55

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Location: Fairfax, VA

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Subject : RE: When it is loss, Gain is displayed
Posted : 11/5/2017 1:30 PM
Post #42603 - In reply to #42602

Please check your original attachment.

There are 3 separate entries (scaling in) at
$66.73 14 Nov 16
$56.52 21 Nov 16
$59.49 28 Nov 16

Each with 100% allocation. Thus the average entry price is $60.91

300% Exit 19 Dec @ a price of $62.31
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Calmger

Posts: 18

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Location: Canada

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Subject : RE: When it is loss, Gain is displayed
Posted : 11/6/2017 4:51 PM
Post #42607 - In reply to #42603

Hafnium, so it looks like you assume, it was "Pyramiding"?
The strategy bought 3 times, then sold? Can you confirm please?

It does not look so obvious, because there is misleading text:

Fixed Loss Stop, while I would expect Market on open order
Also I would expect "Buy" signs on chart. Otherwise, the trader does not have any idea, when to buy 2nd and 3rd time.
Attached file : Order Information_LI.jpg (99KB - 49 downloads)

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Calmger

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Subject : RE: When it is loss, Gain is displayed
Posted : 11/6/2017 8:05 PM
Post #42610 - In reply to #42607

Now I understand that is trade plan. I should learn it. Thank you
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Hafnium

Posts: 55

Joined: 1/1/2004
Location: Fairfax, VA

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Subject : RE: When it is loss, Gain is displayed
Posted : 11/7/2017 11:40 AM
Post #42615 - In reply to #42610

Your welcome.

Although dated, OTU (Omnitrader University) had a course on Trade Plans some 5 years ago. If you call support they may still have it available. It goes through in detail how the Trade Plans operate.


https://www.omnitrader.com/currentclients/otforum/thread-view.asp?threadid=14530&posts=7