Scenario
1 lot in Long position
4 lots in short position 40 minutes later (not flat). This is my point.
Then later 1st lot recovers cause trend resumes. All close for profit. In metatrader this works fine (only 1 position is flat while there are opposing trades).
All trades close with profits.
C2 prevents opening the 4 opposing lots since 1 of them are flat. This is my whole point.
You let it rest man, I’ve paid good money to try and start a system here and I don’t appreciate anyone name calling and because you people don’t understand how Metatrader Expert’s work… there is only a couple strategies that can be automated using it. Its broken and needs to be fixed (this is why others have asked for this to be fixed in the past).
Yes, on that 1 lot you were flat. It’s your responsibility to synch with your system once you take that off. It sounds like you’re just letting your system do it’s thing, since you went on vacation with it on and didn’t check it. Anyway, 5 systems on one would create several programming issues that it doesn’t sound like you have taken the time to address.
There is nothing wrong with the synchronization of my strategies, they work independently and are separated automatically by magic numbers that are assigned to each script and there is nothing wrong with the programming. I have no issues making money using Metarader, only with C2 since it doesn’t support Metatrader’s strategies (again, it is broken). And yes, I am aware (and have always been aware) that I am flat from time to time when strategies overlap or when a strategy (such as a grid) lends itself naturally to flat orders.
There is nothing wrong with what I want as I accept the spreads as part of my system. Plus there is nothing wrong with having multiple strategies running to create a “system”, in fact, there is nothing wrong with any successful trading strategy given that it works. I’m not the one here attacking or criticizing anyone, I just want this service to work properly for the platform I am running and the complete range of strategies that I can employ for subscribers. I find it amazingly immature calling me stupid and assuming that I am some idiot moron because you don’t know the complete picture. Needless to say, I wouldn’t want to utilize your company “Trew Capital, Inc.” for any of my investment needs given my experience of the traders there
and the whining continues…
You two are losers. No one is whining here. Its too easy for you to hide behind a keyboard and flame me. Bet you wouldn’t be sayin this stuff in person. So immature.
Flame you? Hide behind a keyboard? The owner of the site told you the facts, and you continued to grumble, whine, snivel, protest and complain. Now you are afraid you won’t get the last word.
Watch, you will have to say one more thing because you cannot stand not to…
I win. I get the last word.
Lawrence,
If you don’t mind to answer. I understand that having positions in opposite directions might be technically convenient way for working with multistrategies system. it’s technically impossible in stocks and as I know none brokers will even simulate it in stocks. However, one thing that is always puzzled me is how forex traders can use it
I.e.
Opposite directions positions scenario:
Entry: 1 long 40 pips profit target 40 stop loss
Price: -10 pips
Entry: 4 shorts 20 pips profit target 20 stop loss
Price: -20 pips
Exit: profit target for 4 shorts (80 pips profit)
Price: reversed and you made 1 long (40 pips profit)
Total profit 120 pips Total risk 120 pips
*Total risk is worst case scenario when all stops are triggered.
Re-entry positions scenario:
Entry: 1 long 40 pips profit target 40 stop loss
Price: -10 pips
Exit: 1 long (profit -10 pips)
Entry: 3 shorts 20 pips profit target 20 stop loss
Price: -20 pips
Exit: profit target for 3 short (60 pips profit)
Entry: long with 70 pips profit target 10 stop loss
Price reversed and you made 1 long (70 pips profit)
Total profit 120 pips Total risk 80 pips
Actually, total profit will be a little bit less for second scenario due to additional commissions for re-entry. However difference in risk is ~33%. Could you show an example when using opposite directions positions is better from risk point of view by comparison with simple re-entry?
Thank you,
Eu
P.S. (sigh) I think I have to add that I’m not trolling. I’m really curious.
I Eu New,
You could also think like that : multi time frame strategy.
for exemple : you are long eur/usd for a weekly or montly time frame strategy and keep the posibility to take advantage of an intra-day short opportunity.
Bing bing bing, we have a winner give this guy $200,000 and do not pass GO! Thanks Jean, I guess I’m not the only idiot on C2 (not saying you are one) haha
Well, I hear that others are gearing up for Metatrader support, so when their signals are offered for free over there maybe Matthew will reconsider this religious argument. Apparently many of you just trades stocks. So sad Too much uni-dimensional thinking in stocks… not enough brain required for me… Not that I don’t have my own stock strategies
Jean,
I don’t see any advantages in your example. Technically it’s equal increasing/decreasing position size from longer time frame. You will have exactly the same profit/loses and commissions.
Eu
Enlightening answer. If you cared to look at my example you would see that opposite positions involves bigger risk. Of course it’s up to you to have more risk. I apologize for my curiosity.
Eu
Lawrence:
There is no religious argument here. You asked for a feature, and I told you in all honesty that it is unlikely to be supported in the exact way you requested it. This is not because I disrespect you or your trading systems; it is rather because I need to run a cost-benefit analysis any time I make changes to the site.
Because C2 has been in business for six years, there is a tremendous amount of already-created legacy software code, all of which assumes that you can’t take opposite positions at the same time on the same instrument. I’d love to be able to wave a magic wand to allow forex traders to do this, but given the fact that doing so would involve rewriting hundreds of thousands of lines of code, all for a feature that can be emulated by simply going flat instead of holding open simultaneous long/short positions, it doesn’t make a lot of sense.
On the other hand, it may be possible for C2’s Metatrader interface to achieve what you want, by simply issuing buy and sell recommendations without reference to whether trades are “to open” or “to close.” I need to speak with Duncan, the independent developer who created the MT4 interface. I’ll post his reaction here, later.
Also, as an aside, we don’t give competitors free advertising on this site.
MK
Not if they both finish with different profit targets man… hahah. you guys are so interesting…
somehow, the math does not seem to get through to you. Flat is flat. If you want to do something you cannot as you were told several times, then you can continuously churn over it, or use basic set theory to simulate the results.
Anytime you are long and short something, then you are flat. period.
If you want to have certain events happen such as profit targets, stop losses or other things, just set up events to trigger that. It is not THAT hard to rearrange trades.
Although I suspect you will continue being belligerent about your original point… You are condescending in your talk about others here, as in previous posts and the last one calling others “interesting” as if they still don’t get it. From reading your posts, you are not intellectually superior to those who have responded to your thread. Instead, you are very rigid and fixed in your thinking, and prefer to complain.
Each trade is an individual contract, you folks appear to think that all trades are inter-twined somehow when they are independent. Oscillations occur intra-day that are different than those of longer term trades, I have not debated whether it is flat (for a timeslice) or not. However, I can run multiple successful strategies at different timeframes with different profit targets I can be successful both in the short term and in the long term if those overlaps only occur for short periods of time. Only if they were completely correlated on entry and exit would they be MATCHED trades.
For example, I can trade 50 short term forex contracts at different intervals with different profit targets that will net significantly more than a single longer term trade, but the long term trade can still net me $ as well. These are “mixed” strategies. And yes, I am condescending since you folks are debating a separate point than I am. The results speak for themselves… You are trying to elicit that I am flat and never make $ but in fact, the strategies are different and the stop losses and take profits are different and over different time frames so they are independant trades with different strategies. Smooth returns are the main objective here and if sometimes the strategies overlap for short periods so be it. I would agree that I would be flat if my entry and exit prices for each of my trades were the same, but they are not and couple that with differing time frames and they are entirely effective trading styles for the forex market and I have the returns on my strategies to prove it. Do you even trade the forex? Why would multiple people that trade the forex ask for those features? I should not have to justify myself or my trading style to anyone (I am a customer, and what I want is what I want, it does not have to make sense for everyone. It is a feature request and I’m not the only one here who has requested it period.) Normally this is enough to warrant further inspection by any company.
Both of you are the ones who started the sh*t slinging and are at fault for making this adversarial with me. If it does not affect your trading style, then why do you have a any comment? Why do you even care? From my point of view you are either bored or have some need to publicly smash other peoples ideas for your own ego. If you feel I am stupid, then don’t bother commenting and just ignore my ignorant comments
Hi Matthew,
I would appreciate the consideration and query into your programmer. If anything you will make additional spread on trades and you’ll receive less requests for this sort of feature. Thanks and I appreciate your professionalism.
(sigh) You probably don’t understand, but there is nothing new in forex. It’s called scale in/out. Show me on example when you’ll have bigger profit with opposite direction positions than with scaling in/out instead of your ha-ha. It’s equal. So far not you nor other forex guys shows it otherwise.
Also as you can see in my example that you have the same profit, but bigger risk if you use opposite direction positions.
Eu
The results speak for themselves
They sure do. In 2.5 months, you are down $3100. But as for the rest of your posts, I think I prefer putting you on ignore. You don’t seem to realize your own attitude, including to the site owner.
To quote your first post:This feature (limitation) must be fixed… This must be fixed…, but whatever needs to be done to fix it must be done. I feel like I’m wasting my 90 bucks
I am sorry $90 is a hardship for you. But go on belaboring it to death.