Free license users are not able to disable Global Simulation Mode

[Arpad]

Free license users are not able to disable Global Simulation Mode.

Why is this?

I think this contradicts with that you say it is free until live trading.
This way I can’t test a fully real trading environment in demo, because only SIM101 account can be selected, and my broker can’t apply its margin calls against me. I can’t test my broker account keeping solutions and services.
All the statements from my broker states the state of the account opening, i.e. no margin utilization etc.

Why is this?

[NinjaTrader_Jason]

Hello Arpad,

This is as expected. The free license is limited to trade in simulation (sim101) only. If you like to uncheck 'Global Simulation Mode', you will need to have a live license.

You can setup the sim101 account at Control Center-->Tools-->Options-->Simulator-tab.

http://www.ninjatrader-support.com/HelpGuideV6/SimulatorTab.html

Unfortunately the sim101 account settings are a grey area of the software. Please see the forum thread below (post #2).

http://www.ninjatrader-support2.com/vb/showthread.php?t=5887&highlight=grey+area

You will need to test the settings at Tools-->Options-->Simulator-tab yourself and check what will work best for you.

In addition, please contact your broker for clarification regarding their statements.

[Arpad]

What does 'grey' mean in this case? I interpret it as 'does not work'.

You will need to test the settings at Tools-->Options-->Simulator-tab yourself and check what will work best for you.

-- this copy-paste sentence does not make any sense, since the margin values set in the Simulator tab doesn't make any difference, hence in simulator mode one cannot test in a real manner on a broker's demo account.

contact your broker for clarification regarding their statements.

-- Because of the above, there is no point contacting my broker regarding my demo statement, since it is very clear: 50000 USD current value, whatever I do with NinjaTrader, because it makes an entry into the SIM101 account...

Conclusion: With NinjaTrader, it is impossible to test in a way where results will be the same as it were a real account. It is very different than opening a DEMO account at a broker, and using its proprietary software. Using its own software it is a real test with a demo account.
With NinjaTrader it is not a real test.

I am curious about if I write a NinjaScript, whether it takes into consideration that my margin limits are exceeded hugely… or just like as usual in an order filling on SIM101 account, everything is possible, even if my margin is 30fold exceeded, without any margin call…

[NinjaTrader_Jason]

You will need to check what account settings will work best for you.

http://www.ninjatrader.com/support/forum/showthread.php?t=5887&highlight=grey+area

"I'm not sure if you can achieve what you are looking for since NT's internal margin calcs likely are different than the logic as real broker (Mirus) applies. There is no way to cross check.

I consider this a "grey" area where NT tries to find a "reasonable" approach. However this approach unlikely will match any real broker calcs out there."

[Arpad]

Simulation FAILURE in NinjaTrader

Whatever you say, this is a big FAILURE in NinjaTrader.
Whatever I set, it is goes this way, you can see on the attached screen shots.

It is absolutely unacceptable that a “state of the art internal simulation engine” works this way.

Loss grows into the infinite.
When I close the position, the loss grows to -2M, from a 5000 account.

This is incredible, unacceptable and sh….

Disprove and/or give VERY EXACT guidelines to avoid such behavior.


Answer the following question, please:
If I write a NinjaScript, does it take into consideration on the SIM101 account that my margin limits are exceeded hugely… or just like as usual in order filling on SIM101 account, everything is possible, even if my margin is 30fold exceeded, without any margin call?


And of course, please forward this into the development and/or management, because this should be an important issue, especially from an application which has “state of the art internal simulation engine” (cited from the Help).

[xTrader1]

NT is better for discretional trading

Free license users are not able to disable Global Simulation Mode.

Why is this?

Arpad, I think that in general NT is much more suitable for discretional than automatic trading, it has its design problems with backtesting either.

However consider it's free, more powerful and more flexible than, and even cheaper in its lifetime licence than, for example, Multicharts

[NinjaTrader_Jason]

Hello Arpad,

I notice in your screenshot that you submit orders with a quantity of 100M, which would be 100 million. This is the reason why you experience such a negative PnL. Please set the order quantity to the quantity you like. 0.1M represents a regular lot (100,000 base units).

If you run out of margin you will not be able to submit any new orders. This will be the same when running a NinjaScript strategy - the order will be rejected and your strategy will be terminated.