Announcement

Collapse
No announcement yet.

Partner 728x90

Collapse

buy power and cash values

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    buy power and cash values

    Hi,

    I'm testing with the Sim101 account and I just found that in the Accounts tab the value of the buying power doubles the cash value. I have no open positions. Does it make sense?

    I attach an image.
    Attached Files

    #2
    Hello,

    Thanks for the note.

    Yes this is expected with simulator and buying power will always be double the cash value.

    Let me know if I can be of further assistance.

    Comment


      #3
      Oddly, my buying power says zero, though I don't have any open positions or unreconciled trades. ?? Click image for larger version

Name:	buying power.png
Views:	728
Size:	43.7 KB
ID:	1123533

      Comment


        #4
        Hello,

        Thanks for your post.

        The account values that are displayed depend upon your connectivity provider. Some connectivity providers transmit partial account data, while others do not transmit anything:



        NinjaTrader Continuum based connections do not transmit the Buying Power field to the platform.

        Please let me know if I may be of any further assistance.
        Marco G.NinjaTrader Customer Service

        Comment


          #5
          OK, thanks, Marco! Should I assume my buying power is the same as my cash balance?

          Comment


            #6
            Hello,

            Thanks for your reply.

            Buying power equals the total cash held in a brokerage account plus all available margin.

            Please let me know if I may be of any further assistance.
            Marco G.NinjaTrader Customer Service

            Comment


              #7
              Probably being thick but what does this mean?

              "Buying power equals the total cash held in a brokerage account plus all available margin."

              Margin by definition is not available as it is being used to cover a position surely and cant be used as buying power to open another position.

              Does buying power have any relevance to futures, if you have enough in an account to cover initial margin you can open something if not you cant.

              thanks

              Comment


                #8
                Hello poeds,

                The 'Buying power' column shows the account's buying power which takes margin into account. Please see the link below.


                Buying Power
                The account's buying power, taking margin into account


                I suggest to contact your broker to check its relevance to futures. If you have your trading account with the NinjaTrader brokerage, you can contact them at "brokeragesupport[AT]ninjatrader[dot]com". Our NinjaTrader brokerage team does not use the support forum.
                JasonNinjaTrader Customer Service

                Comment

                Latest Posts

                Collapse

                Topics Statistics Last Post
                Started by nicthe, Today, 07:57 PM
                0 responses
                1 view
                0 likes
                Last Post nicthe
                by nicthe
                 
                Started by heiheilau2000, 06-11-2024, 08:32 AM
                6 responses
                25 views
                0 likes
                Last Post heiheilau2000  
                Started by franjcy, Today, 01:23 PM
                0 responses
                9 views
                0 likes
                Last Post franjcy
                by franjcy
                 
                Started by tony_28217, Today, 12:55 PM
                0 responses
                6 views
                0 likes
                Last Post tony_28217  
                Started by thumper57, Today, 12:12 PM
                0 responses
                16 views
                0 likes
                Last Post thumper57  
                Working...
                X