OmniVest Forum OmniVest Forum
forums calendars search
today this week
 
register logon control panel Forum Rules
You are currently browsing as a guest.
You should logon to access more features
A Self-Moderated Community - ALL MEMBERS, PLEASE READ!
Vote for Members who contribute the most to your trading, and help us moderate content within the Forums.


[Random Quote] -


Only Forum Moderators, Administrators, and the owner of this message may delete it.

 
KC Kid

Member

Posts: 23

Joined: 6/20/2013
Location: Olathe, KS

User Profile
 
Subject : IB is cancelling some of my orders!
Posted : 7/20/2016 4:31 PM
Post #36033 - In reply to #21854

I started running OV and the latest TP and IBG last week and it started placing trades this week. On 7/18 a buy for AMZN was placed 20:00 and it was promptly cancelled by IB. 20 min later, I resubmitted the order and it took. I moved my submission time back 5 min to 20:05 just in case IB was balking at the 8 pm submission. On the 20th, 7 long positions on 5 symbols were placed at 01:00. Not sure why those orders were placed so late, rather than at 20:05, but 4 of the positions against 2 symbols were cancelled at 07:01:55 by IB. The sum of all positions, including two that were being closed, would be 90% of equity. It might be worth noting that the 4 positions rejected were submitted as two per symbol, thus with a net 20% per symbol.

Questions:

Was there a reason the trades came out so late?

Anyone have a clue why some of these trades would be rejected by IB?

Now here's some more weired stuff. I have a second ROTH account (the wife's) and is is set up to trade the same portfolio of strats. It too had the 7/18 AMZN trade cancelled immediately after submission and I resubmitted with success. But on the 20th, only 4 positions on 3 symbols were submitted at 01:00. Two of those symbols were ones rejected by IB in the first account. But for this account, all the trades were held and traded in the morning.

Questions:

Why would there be significant differences in the trades submitted between two similar accounts running the same portfolio of systems?

Why did these trades go through for symbols rejected in the other account? Is available equity somehow coming into play?







[Edited by KC Kid on 7/20/2016 4:38 PM]

Attached file : Cancelled_Orders.PNG (38KB - 531 downloads)
Attached file : Action_Log.PNG (25KB - 545 downloads)
Attached file : Trade_Settings.PNG (29KB - 547 downloads)

Deleting message 36033 : IB is cancelling some of my orders!


Nirvana Systems
For any problems or issues please contact our Webmaster at webmaster@nirvsys.com.