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Questions on Using the Trade Processor
TP and OV Question 		Last Activity 7/17/2018 6:22 PM
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Don Salsman

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Subject : TP and OV Question
Posted : 2/4/2015 8:36 AM
Post #34850
Here's what my trade processor is showing this morning:

187.52% in 19 current orders
73.75% in 6 current positions
260.87% total

Why the discrepency with the trading settings of 195% for Max Equity setting?

After checking T1-L-K510 it is showing 10% on the OV strategy opening orders but displaying 15% on the TP? The TP has actually taken 15% positions. I don't have any filter set for % allocation in the OV settings but I would think the allocation in the strategy would be the initial factor in allocations. Does it work this way?

How do I determine the order selections have come from the sort order I stipulated in my account settings?

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Barry Cohen

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Subject : RE: TP and OV Question
Posted : 2/4/2015 3:52 PM
Post #34852 - In reply to #34850
It takes closing orders into account as well. Were there any this morning? And the filter only works at order submission time. The orders will still be "checked" before they are submitted.

The trades TP sees are from OmniVest, so if you have the TP setting for QTY% share size it will use the same QTY% that OV shows per trade. So if it's displaying 15% in the TP, it should show 15% in OV. There are different reasons why the allocation in OV would increase for a strategy. I can look at your account if you want, which one is it?
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Don Salsman

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Subject : RE: TP and OV Question
Posted : 2/4/2015 5:16 PM
Post #34853 - In reply to #34852
PB Trip WMA

I don't remember any closing positions this morning.

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Barry Cohen

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Subject : RE: TP and OV Question
Posted : 2/4/2015 5:33 PM
Post #34854 - In reply to #34853
In your "Kipp's List Portfolio" you have the T1-L-K510 strategy & it is set to 15% allocation. You can click T1-L-K510 on any of your trades on the Trades page to see it yourself.

Attached file : untitled.JPG (28KB - 601 downloads)

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Don Salsman

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Subject : RE: TP and OV Question
Posted : 2/5/2015 6:15 AM
Post #34855 - In reply to #34854
I see that now - I didn't check that one since it's an archived strategy.

However, IT2-L-KIPP*, in my custom strategies is configured at 10% and is sending orders for 15%. Any reason for that one?
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Barry Cohen

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Subject : RE: TP and OV Question
Posted : 2/5/2015 10:52 AM
Post #34856 - In reply to #34855
The strategy itself is 10%, yes, but you have that strategy set to 150% allocation in that Kipp's List Portfolio. Simply change it to 100% instead of 150% if that's the behavior you want...

Attached file : Alloc.jpg (51KB - 560 downloads)

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James McNeill

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Subject : RE: TP and OV Question
Posted : 7/17/2018 6:22 PM
Post #37130 - In reply to #34856
I would appreciate comments on what transpired after reviewing the attachment.
I can see a buy order on the 16th. Then the order is placed on the 17th at 9:20. Then the order is executed on the 17th at 9:30. and then I lose it ie: I don't understand the next step

Thanks
Jim
Attached file : HES.pdf (183KB - 326 downloads)

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