Boxed Positions

[WSquared]

Hi, in realtime equity trading, Tradestation doesn't allow short entries to offset a long position and vice versa, they call this a boxed position. Their order generation code will reject the order.

The way I am setting up NT is that I will have 2 strategies, LongOnly and ShortOnly now if I execute both of these strategies into 1 account, is there going to be any over-riding Net Position issues of what part of the strategy is generating the order LongEntry,ShortEntry,LongExit or ShortExit?

I assume the EnterLongStop & EnterShortStop both simply resolve to a COMMAND function which can only "BUY" or "SELL", so I assume given two seperate strategies, your code is not going to care what method generates these Buys & Sells and will place the orders in realtime without rejection, is this correct? or am I mistaken.

Thanks. W2

[NinjaTrader_RyanM1]

Hello W2,

This is the same question you asked by email on December 13th. Let me know if you would like a copy of our discussion and I will forward it to you. NinjaTrader ticket 406032

[WSquared]

Hi Ryan, you are correct. Sorry about that. if anyone else has the same question, the answer is that NT doesn't have any over-riding rules that will prevent a ShortEntry netting off a Long Position.

W2