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That pretty much sums my day today other than the small gains I had on other trades. In the morning my avg winner was 7 mins and had only one loser for 1 tic for 5 secs.
Traded well but I just cant tame T4. Cost me over $480 in losses-had long and short in same account at same time (which is impossible and illegal too-check the rulebook). Only thing I didnt do is take a screen shot.
Down 800 on day. One good trade on rip up for 30 tics and one bad trade for -40 tics(again upped size after winning trade)
And then tried shorting the top-already had 2 short. It wasnt a desperation add -totally thought out , with just a 5 tic stop. I had lot of reason to beleive we were making the top for day and guess what "order rejected". Really have a hard time keeping my head straight about T4. Doesnt it calculate the net order position or look at orders like OEC does ? They want you to use Auto OCO orders but still cant net the position. If you have a 2 lot open position with Auto OCO on either side one side is going to fill when price moves either way to your stop or to your target. So how is your position over the max at anytime ?
Yea but how would that help in this situation. You are almost promoting a gambling mentality with TST-something which I have worked very hard to avoid Trading without stops, taking your biggest position right away, etc etc
How can you have a long and short at same time in your account ? LOL seriously I only see the lighter side of it now but should ve taken a screenshot of it. I talked to support but havent heard anything back. Also posted in the TST combine AMA.
As far as system goes its pretty solid. Might not be a rock solid like yours but risk:reward wise its good. Did what I said yesterday moving stop to breakeven and it worked pretty well, not caring for stats. But at least its making $$. Well, tommorow is another day
But what do I know -it doesnt do it in practise account. Practise account works as desired. It lets you take your full 15 lot position. Did it with 2 lot then added 11 so its 13 with Auto OCO, so a total of 26 sitting and still lets you take the remaining 2 lots that you can for your full position
What I mean is if you tried to trade your system on test account before Combine, you would see any shortcomings and find out means to solve it with support. I have never seen anything like that during over 2 months of trading with T4 every day and I had scale ins and multiple positions at time. It took time to learn all T4 tricks though.
Just read in your post in TST AMA thread. I had the same problem with position size when OCO is on, usually it allows max-1 position to be put because of these OCO orders. I was able to gradually open up to 14 lots, if I was trying to add to already opened position. Or whole 15 if I used previously put stop orders. Same would be true for limits.
Yes, I don't understand people that think trading doesn't cost money.
As for interface, yes, it looks like Windows 3.1 is exactly right. The UI looks like the stone age out of the box, but if you spend an hour customizing it you'll find probably the best DOM in the industry...