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Re: Reversing a Position



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A buy 2 will:
A. exit any short
B. enter 2 long

TS6 doesn't do reversals in their automated execution, first the exit is
executed and only AFTER the exit is confirmed the new position is entered.
The major disadvantage is in slow execution and therefore often bad fills.
Thanks
Robert


----- Original Message -----
From: "Paul Marfia" <paul@xxxxxxxxxxx>
To: "Omega List" <omega-list@xxxxxxxxxx>
Sent: Saturday, April 06, 2002 5:31 PM
Subject: Reversing a Position


> I've had TS6 for about two weeks and I've
> been waiting over a week for a response from Tradestation
> on this one.
>
> Real simple:
>
> What's the proper way to reverse a position?
>
> If I'm short one on the chart and code to buy 2 to reverse it,
> the Performance Report shows the SExit for the position and then
> it shows I'm still long 2.
>
> What's the proper way to do this?  Well, I know the proper way,
> what's the "TradeStation" way?
>
> Thanks
>
>
>