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Old 08-07-2011, 04:40 PM   #1

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Trade ES with Tradesation

Hello guys,

Do you guys know if there is any way I can trade ES with different strategies in one acct? Is that true tradestation won't let you trade the same vehicle with different strategies? I am talking about automated trading. Thanks
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Old 08-07-2011, 05:07 PM   #2

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Re: Trade ES with Tradesation

tradestation will "allow" you trade any number of strategies on any number of symbols in any number of accounts.

The issue is that if you are trading the same symbol with more than one strategy in the same account - then entries from one strategy can offset positions from another.

The answer is that in tradestation it is very easy to clone your account and then link the different clones to the same platform and then you can have as many "independent" positions as you have clones.

I have six linked accounts at TS so I can have 6 different strategies all trading the ES and each is independent of the other. I run all 6 accounts from the same TS platform running on the one workstation.

Did you really think that you could be both long and short in the same instrument in the same account?


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Old 08-07-2011, 07:22 PM   #3

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Re: Trade ES with Tradesation

Thanks UrmaBlume. So you are saying I don't physically need to open 3 accts if I wanna trade 3 strategies. All I need is to clone 2 accts and link them with the real acct? How do I do that? If I only have $6k in my acct, is it still doable? Thanks again
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Old 08-07-2011, 09:17 PM   #4

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Re: Trade ES with Tradesation

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Originally Posted by feng2088 »
Thanks UrmaBlume. So you are saying I don't physically need to open 3 accts if I wanna trade 3 strategies. All I need is to clone 2 accts and link them with the real acct? How do I do that? If I only have $6k in my acct, is it still doable? Thanks again
If you only have 6k in your account and you are asking such questions - you probably should be trading on the simulator.
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Old 08-07-2011, 09:55 PM   #5

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Re: Trade ES with Tradesation

I can always put more money in. I am just asking if it's doable.
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Old 08-07-2011, 10:18 PM   #6

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Re: Trade ES with Tradesation

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I can always put more money in. I am just asking if it's doable.
I believe there is a 5k minimum for futures accounts at TS.

Clones are actually new accounts with different account number but with the same CustomerID.
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Old 08-07-2011, 10:49 PM   #7

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Re: Trade ES with Tradesation

Thanks again. What do you think the 5-year performance of my 3 strategies? You think I can go live yet? I started coding my strategies 4 months ago. I am still relatively new to automated trading. So I really wanted to know how other people do.. Thanks!
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Trade ES with Tradesation-setup.jpg   Trade ES with Tradesation-cyclical-trend.jpg   Trade ES with Tradesation-gap-trading.jpg   Trade ES with Tradesation-small-trends.jpg  

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Old 08-08-2011, 12:02 PM   #8

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Re: Trade ES with Tradesation

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Originally Posted by feng2088 »
Thanks again. What do you think the 5-year performance of my 3 strategies? You think I can go live yet? I started coding my strategies 4 months ago. I am still relatively new to automated trading. So I really wanted to know how other people do.. Thanks!
Numbers look fantastic. But we can all make reports look fantastic with heavy optimization that doesn't hold up the real world trading.

What portion of your results represents trades made on out of sample data? Did you walk forward, and backwards? It's a mistake a lot of newcomers overlook. You're not going to get away with zero slippage in real market conditions either. I would put in a tick of slippage to add some pressure. "Look inside" also needs to be checked for more accurate results.

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