Two independent strategies on the same futures contract

[simple_goodoboy]

Hello Everyone,

I have a serious questions. I am Algo trader with 5 ES strategies and 5 NQ strategies. Each strategy goes short and long. Diversified Portfolio.

I have 1 NT8 Account.

Questions please:

1. Can I put 5 ES strategies and 5 NQ strategies on 1 account and run them all?
2. Can NT8 allow for 2 or 3 Long ES positions from each strategy on the one account? There may be times where each strategy may have need to execute a short or long position.
3. Can each strategy run up to 100 ES or 50 NQ contracts? Or does the entire account allow for 100 ES or 50 NQ contracts executed at a time.

Thank you,

[bltdavid]

I have a serious questions. I am Algo trader with 5 ES strategies and 5 NQ strategies. Each strategy goes short and long. Diversified Portfolio.

I have 1 NT8 Account.

Let's see ... running 5 strategies on 1 instrument,
where each strategy can go either long or short?

That's kinda obvious,
you would need 5 different accounts.

Otherwise you're asking for trouble as the single
account position will quickly become out of sync
when opposite direction strategy positions are
taken.

1. Can I put 5 ES strategies and 5 NQ strategies on 1 account and run them all?

Not unless you setup some kind of lock file, otherwise
you need 5 accounts, then run 1 ES strategy and 1 NQ
strategy pair per account.

Are the source codes for these strategies under your
direct control? If so, maybe you could combine the
5 different strategies into one grand strategy.

2. Can NT8 allow for 2 or 3 Long ES positions from each strategy on the one account? There may be times where each strategy may have need to execute a short or long position.

2 or 3 Long positions on an instrument is fine, but as
soon as one of the strategies opens a Short position
on that instrument, you're account position will become
massively screwed, er, I mean, 'out-of-sync'.

How so?
Because your broker only sees BUY/SELL orders.
Let's say you're 'LONG 1' in each of the 3 ES strats,
no prob, these are actually handled separately just
fine, but then a 4th strat does a 'SELL 3' to enter a
SHORT position -- well, guess what, your real-money
live account position back at the broker is now flat.

Yep.
Flatter than a dead beetle in a wagon rut.
Flatter than a pancake dropped from a 100-story building.
Flatter than the smooth surface of the Webb telescope.
Ok, maybe not the Webb telescope ... just the Hubble.

You get my point.

Your 4 strats still run and do their thing, but your true
account position is instantly 'out of sync' -- and you'll
probably lose lots of moo-lah as soon as the 4 strats
exit their now phantom positions.

3. Can each strategy run up to 100 ES or 50 NQ contracts? Or does the entire account allow for 100 ES or 50 NQ contracts executed at a time.

Who knows?

You've failed to say how much $$$ you have in your
account.



Seriously, that's a risk management question that is
between you, your broker, and your wallet.

NinjaTrader Brokerage reps will never answer broker
related questions on these forums. These forums are
only for support of the software platforms.

Study more about Account Position vs Strategy Position
on these forums and in the help guide. Lots of good info
on these topics awaits you.

Just my 2˘.

[simple_goodoboy]

Let's see ... running 5 strategies on 1 instrument,
where each strategy can go either long or short?

That's kinda obvious,
you would need 5 different accounts.

Otherwise you're asking for trouble as the single
account position will quickly become out of sync
when opposite direction strategy positions are
taken.



Not unless you setup some kind of lock file, otherwise
you need 5 accounts, then run 1 ES strategy and 1 NQ
strategy pair per account.

Are the source codes for these strategies under your
direct control? If so, maybe you could combine the
5 different strategies into one grand strategy.



2 or 3 Long positions on an instrument is fine, but as
soon as one of the strategies opens a Short position
on that instrument, you're account position will become
massively screwed, er, I mean, 'out-of-sync'.

How so?
Because your broker only sees BUY/SELL orders.
Let's say you're 'LONG 1' in each of the 3 ES strats,
no prob, these are actually handled separately just
fine, but then a 4th strat does a 'SELL 3' to enter a
SHORT position -- well, guess what, your real-money
live account position back at the broker is now flat.

Yep.
Flatter than a dead beetle in a wagon rut.
Flatter than a pancake dropped from a 100-story building.
Flatter than the smooth surface of the Webb telescope.
Ok, maybe not the Webb telescope ... just the Hubble.

You get my point.

Your 4 strats still run and do their thing, but your true
account position is instantly 'out of sync' -- and you'll
probably lose lots of moo-lah as soon as the 4 strats
exit their now phantom positions.



Who knows?

You've failed to say how much $$$ you have in your
account.



Seriously, that's a risk management question that is
between you, your broker, and your wallet.

NinjaTrader Brokerage reps will never answer broker
related questions on these forums. These forums are
only for support of the software platforms.

Study more about Account Position vs Strategy Position
on these forums and in the help guide. Lots of good info
on these topics awaits you.

Just my 2˘.

Good Morning bltdavid,

LMFAO HAHAHHAHAHAHAHAHHAHAHA Thank you for the laugh.

That is the best laugh I had in a very long time.

I perfectly understand everything you are saying.

Getting 5 independent accounts resolves the problem I am having. Then I can run 1 ES strategy and 1 NQ
strategy pair per account. So 5 independent accounts.

How many NT8 Sub Accounts can I create?

Thank you

[NinjaTrader_Emily]

Good Morning bltdavid,

LMFAO HAHAHHAHAHAHAHAHHAHAHA Thank you for the laugh.

That is the best laugh I had in a very long time.

I perfectly understand everything you are saying.

Getting 5 independent accounts resolves the problem I am having. Then I can run 1 ES strategy and 1 NQ
strategy pair per account. So 5 independent accounts.

How many NT8 Sub Accounts can I create?

Thank you

Hello simple_goodoboy,

Thank you for your patience.

For an additional explanation (if it is needed) regarding what happens when running multiple strategies on the same instrument/account, please see the following post from my colleague:

https://forum.ninjatrader.com/forum/ninjatrader-7/strategy-development-aa/99748-two-independent-strategies-on-the-same-futures-contract#post792660

It is not uncommon for users to request an additional account in order to run a separate automated strategy. Each sub-account request must be reviewed and approved. A sub-account may be requested from within the client portal per the following guide:

• https://support.ninjatrader.com/s/ar...language=en_US
  • Note: Please include as many details as possible in the "Reason" section in order to offer sufficient information to aid in the decision to approve the request or not. We suggest that you err on the side of too many details, such as even explaining a little bit about what the separate strategies do and why they may not be on the same account at the same time.

Please let us know if we may be of further assistance.

[simple_goodoboy]

Hello simple_goodoboy,

Thank you for your patience.

For an additional explanation (if it is needed) regarding what happens when running multiple strategies on the same instrument/account, please see the following post from my colleague:

https://forum.ninjatrader.com/forum/ninjatrader-7/strategy-development-aa/99748-two-independent-strategies-on-the-same-futures-contract#post792660

It is not uncommon for users to request an additional account in order to run a separate automated strategy. Each sub-account request must be reviewed and approved. A sub-account may be requested from within the client portal per the following guide:

• https://support.ninjatrader.com/s/ar...language=en_US
  • Note: Please include as many details as possible in the "Reason" section in order to offer sufficient information to aid in the decision to approve the request or not. We suggest that you err on the side of too many details, such as even explaining a little bit about what the separate strategies do and why they may not be on the same account at the same time.

Please let us know if we may be of further assistance.

Good Morning Emily,

Thank you for the response.

My goal is to run a Diversified ES and NQ automated trading systems portfolio.

4 systems on the ES.
4 systems on the NQ.

The ES systems will take Long and Short trades.
The NQ systems will take Long and Short trades.

The ES systems will take trades on different time frames and bar types.
The NQ systems will take trades on different time frames and bar types.

In the future I plan to add more instruments to each account in CL, RTY, and GC.

To avoid any order issues and closing positions that will occur with running the 8 systems on 1 account, I would like to request 4 more accounts to be open to run my systems for my portifilo, this will prevent order issues, mistaken loss of money, and proper risk, position sizing, and money management issues and ease my work load. I really need these accounts.

My main account I already have will be used for my manual/discretionary trading I normally do.


Is this enough detail, or should I provide more?

Thank you,

[NinjaTrader_Emily]

Hello simple_goodoboy,

Thank you for your note.

I wouldn't be able to say if that is enough info or not, as that would be up to the New Accounts team. That is a pretty thorough description and you could certainly send that through as your reason. The proper teams will follow up with you if they need any other information from you.

Please feel free to reach out with any additional questions or concerns.