I'm currently paper trading my method with Optimus Futures (Sim 1 account on Multicharts) ES with one contract.

On one trade Friday I bought at 1,547.50 and closed at 1,548.75. To me this is 5 ticks at $12.50 per tick, a return of $67.50.

However my demo account was only credited with $25!

Coming from a Forex spot market background I may be missing something but can anyone please explain the discrepancy here as I am baffled?

The only thing I could think of was something to do with the spread but even then I couldn't see how there would be such a difference in my return.

Thanks in advance...

just a friendly reminder, question like this can be answered faster if you post some screenshot.
don't know about MC but with NT we can actually see the open and close of a transaction.

cheers

Harlequin 

just a friendly reminder, question like this can be answered faster if you post some screenshot. don't know about MC but with NT we can actually see the open and close of a transaction. cheers

Have attached the order and position history from Multicharts below...




Any ideas?

current highest volume for ES is ESM3, ESH3 rollover is Thursday March 7th , 2013 and Settlement is Friday March 15th, 2013.
this is the possibility which may be causing error.

however lets wait for someone who is more technically savvy to chime in.

Harlequin 

current highest volume for ES is ESM3, ESH3 rollover is Thursday March 7th , 2013 and Settlement is Friday March 15th, 2013. this is the possibility which may be causing error. however lets wait for someone who is more technically savvy to chime in.

Thanks for your help Harlequin, hopefully someone can help further?!

Also I have taken screens where the profit is the same at 4 different tick prices - $12.50.



3 ticks up $12.50 profit...



3 ticks below the first screen at my entry and profit still showing $12.50. That's 4 price increments all showing the same.

Is this right? I realise spread may be playing a part here but it seems odd to me that 4 different tick prices all show the same profit.

The situation has been solved.

Just as a general reference, the credentials for paper trading over Rithmic have to be different from the real account when using MC. In this case, the P&L was wrong due to lack of connectivity and was not updating, not because of wrong tick calculations.

I have done a remote connection to the customer's computer, fixed and now its running smoothly.

Matt

mattz 

The situation has been solved. Just as a general reference, the credentials for paper trading over Rithmic have to be different from the real account when using MC. In this case, the P&L was wrong due to lack of connectivity and was not updating, not because of wrong tick calculations. I have done a remote connection to the customer's computer, fixed and now its running smoothly. Matt

Thanks again for your help with this matter Matt. Class 1 service!