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Re: Buying without selling



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In-Reply-To: <022501c15697$14066b60$cd6c2dcb@xxxxxxxxxxxxxxxxxx>
Hi Mel,
      This is part of the named entry stuff unless I'm missing something 
(quite possible). The thing is, I don't want to *exit*, I want to keep a 
Long position *and* take a Short position, too.

In TS, AFAIK, when you issue a Buy command it automatically exits *all* 
Short positions. You can choose to exitshort named Long positions but you 
don't seem to be able to take a Short position before selling out the 
Long...

In fact, the TS manual says Sell "closes your long positions and opens a 
short one".

Just wondering if there was an alternative or a way around it.

Cheers,
Ian

> Have you tried exitlong xx contracts, from a named entry,  assuming you 
> may
> have more than 1 contract open?
> 
> Mel
> 
> 
> ----- Original Message -----
> From: "Ian Waugh" <ianwaugh@xxxxxxxxxxxxxxxxxxx>
> To: <mmcfadd@xxxxxxxxxxxxx>
> Cc: <ianwaugh@xxxxxxxxxxxxxxxxxxx>; <omega-list@xxxxxxxxxx>
> Sent: 17 October 2001 6:42 AM
> Subject: Re: Buying without selling
> 
> 
> | 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
> | > >
> | > >
> | >
> |
>