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Re: Buying without selling



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In-Reply-To: <004101c1567f$dec25e80$8e91fea9@xxxxxxxxxxxxx>
I understand about setting the Properties to allow for more than one 
contract and about naming (I think). It lets you specify the position you 
want to exit such as;

Buy("Long1") at h stop;
Exitlong("Long1");

However, AIUI, when you issue a Buy order (with or without a name) this 
automatically exits all open Short positions. What I'd like to do is this:

Buy{"long1") at h stop;
Sell("Short1") at c;

and have both positions active in the market at the same time.

Cheers,
Ian

> I believe you have to give the buy/sell/exits their own names.
> "name"
> also make sure, you set up the Properties of the strategy.
> 
> ----- Original Message -----
> From: "Ian Waugh" <ianwaugh@xxxxxxxxxxxxxxxxxxx>
> To: <omega-list@xxxxxxxxxx>
> Cc: <ianwaugh@xxxxxxxxxxxxxxxxxxx>
> Sent: Tuesday, October 16, 2001 4:09 PM
> Subject: Buying without selling
> 
> 
> > Is it possible to issue a Buy order without automatically cancelling a
> Sell
> > position?
> >
> > I have two systems based on the same principle but which work in 
> > different
> > types of market and they achieve optimum results when they run side by
> side.
> >
> > Trying to combine them into one system (Signal), however, means that if
> one
> > is Short and the other issues a Buy signal, it automatically exits the
> Short
> > position before buying.
> >
> > This may seem sensible because if you're Short and you Buy you go flat
> (or,
> > in TS, you ExitShort and go Long). However, I'd like to be both Long and
> > Short in the market at the same time. This usually happens when the 
> > state
> of
> > the market is uncertain and either system could win (or lose!).
> >
> > Is there an (easy) way to do this?
> >
> > Cheers,
> > Ian
> >
> >
>