> I am beginning to understand and see what you mean about the > difference between the JBT and TWS screens. Each strategy has a vote > to go long or short and each maintains that vote for any point in time > in JBT and TWS only shows the consolidation as you rightly said. Does > that imply that the ability to manually stop one strategy that is > showing a loss does not make sense here? >
You may want to look at the regulation "T". Essentially, it says that you can't be both short and long the same security in the same account. I guess the intent was to close some loop holes in accounting, as Shaggs mentioned. IB is simply complying with this regulation, so when you are long one contract and sell one contract, it shows you are holding 0 contracts. However, from the JBT perspective, all strategies are independent, even if they trade the same security. So, it's perfectly valid and legal for one strategy to be long ES while the other strategy is short ES. The only implication of this is that current positions will be reported differently. TWS will show 0, while JBT will show -1 and +1 for the two running strategies. To emphasize again, everything else, including all the placed trades, executions, margins, commissions, and P&L will be reported exactly the same in both TWS and JBT. -- You received this message because you are subscribed to the Google Groups "JBookTrader" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/jbooktrader?hl=en.
