BTO orders and lack of buying power

Hi Matthew,

About a week ago my system bought stocks until it ran out of buying power. C2 then canceled the remaining BTO orders as expected. However after the market closed when I tried to upload the orders for the following day, C2 rejected all the BTO orders with the message that I didn’t have enough buying power. I expected many of the open positions to be closed at the next day’s open, and that is what happened. As a workaround I had to upload the BTO orders about 30 seconds after the market opened. This would have been a serious problem for any subscriber who was trying to trade the system manually. Would it be possible to change this?



You can make the Buy-to-Open orders conditional upon the closing orders you have already entered. In this case, you will not have a margin issue.