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In-Reply-To: <NFBBLKNKBJIIFDNJIOECCEOCCEAA.mike@xxxxxxxxxxxxxxxxx>
I guess I wanted a way to "blend" the two systems so TS would only give
correct B&S orders but that would require some serious coding and
head-scratching.
Fritz has suggested an alternative which, while not exactly how I wanted to
work, still comes a little closer.
Cheers,
Ian
> >>>I want to keep a Long position *and* take a Short position, too
>
> Even if you could do this in TS, how do you plan to implement it with a
> broker? Whenever you buy, a sell will offset your long position. In fact
> the
> brokerage makes you sign a paper if you have more than one account that
> you
> will NOT take a long and a short at the same time. The only way to
> realistically implement your strategy would be to open two accounts at
> different brokerages OR you may try to buy and sell different contract
> months. For example, buy a DEC 01 Eurodollar and sell a MAR 02 Eurodollar.
> Of course this is called a spread.
>
> Just curious.
>
> Mike.
>
> -----Original Message-----
> From: Ian Waugh [mailto:ianwaugh@xxxxxxxxxxxxxxxxxxx]
> Sent: Tuesday, October 16, 2001 4:36 PM
> To: melsmail@xxxxxxxxxxx
> Cc: ianwaugh@xxxxxxxxxxxxxxxxxxx; omega-list@xxxxxxxxxx
> Subject: Re: Buying without selling
>
>
> 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
> > | > >
> > | > >
> > | >
> > |
> >
>
>
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