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OmniFunds
Paper trading OmniFunds
Last Activity 8/29/2018 11:15 AM
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Jayhawk

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Subject : Paper trading OmniFunds
Posted : 8/10/2018 10:46 AM
Post #13253

Barry,

Can you make it possible for us to paper trade OmniFunds (on line) with Paper GX Trader?

This would be very helpful for us to test our plans before committing real money. It may be just a case of allowing the alpha characters in the Account number to be allowed.

Thanks,

Wynn
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Barry Cohen

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Subject : RE: Paper trading OmniFunds
Posted : 8/13/2018 9:31 AM
Post #13254 - In reply to #13253

Actually, this capability was already done a few weeks ago, so you can now.
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Jim Dean

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Subject : RE: Paper trading OmniFunds
Posted : 8/13/2018 9:53 AM
Post #13255 - In reply to #13254

Yaaay!
But - be careful not to use features of developmental VT-OF that are not part of the web-simplified OF ;-)

[Edited by Jim Dean on 8/13/2018 9:53 AM]

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Jayhawk

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Subject : RE: Paper trading OmniFunds
Posted : 8/13/2018 10:18 AM
Post #13256 - In reply to #13253

Barry,
Thanks for the reply.

Okay, I figured it out. I think it is important to note for those that may read this for future reference, the Account # is NOT your Interactive Broker Paper Trading account, but your GARWOOD/GXTRADER assigned PAPER account number. Further, if you have any open positions in that account you'll need tO close them out before you are allowed to login.

Finally, for those of us that DO occasionally reference Manuals, I think it would be helpful to post one for OmniFunds users to reference.

Regards,

Wynn
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Jayhawk

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Subject : RE: Paper trading OmniFunds
Posted : 8/13/2018 10:46 AM
Post #13257 - In reply to #13253

Barry,

Okay - latest hurdle.

I followed Jeff's remarkable video tutorial, built and tested my very own OmniFund and now I'm ready to paper trade it.

Within web based OmniFunds, I am at the MYOMNIFUND screen, ready to select the OMNIFUND that I have just created in the LAB, I click the button to CHANGE OmniFunds and it takes be to the screen showing available OmniFunds to trade. BUT, the OmniFund that I have created is NOT available to select. What to do?

Wynn
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Barry Cohen

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Subject : RE: Paper trading OmniFunds
Posted : 8/13/2018 11:47 AM
Post #13258 - In reply to #13257

Great question, Wynn. While in the Lab, when viewing the OmniFunds you have, click the Visibility button & you can then make an OmniFund visible on the main screen.


Attached file : OmniFund.jpg (7KB - 215 downloads)

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Jayhawk

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Subject : RE: Paper trading OmniFunds
Posted : 8/13/2018 12:32 PM
Post #13259 - In reply to #13253

Perfect!!

Thanks.
WF
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Jayhawk

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Subject : RE: Paper trading OmniFunds
Posted : 8/13/2018 3:36 PM
Post #13262 - In reply to #13258

Barry,

My "Experiments" are not calculation. I keep getting zero results. See Heller Good Money and Wynn's Contra ETF's Profiles I saw this problem a day or two ago. It seems that it straightened out overnight.

Thanks for your trouble.

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Jayhawk

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Subject : RE: Paper trading OmniFunds
Posted : 8/13/2018 3:37 PM
Post #13263 - In reply to #13258

Barry,

In the Lab Tutorial, Jeff does not explain when and how the symbols, buys and sells are updated for the portfolio positions. Is this overnight with EOD data or is this being updated in RT? If EOD, when can we expect to see updated, locked in buys and sells with the broker?

Thanks again,

Wynn
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Barry Cohen

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Subject : RE: Paper trading OmniFunds
Posted : 8/13/2018 4:01 PM
Post #13264 - In reply to #13263

Updates occur around midnight for whatever day it's scheduled depending on the interval setting. However trades are not submitted to the broker until 30 minutes prior to market open. I'll need to look into the experiments.
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Jayhawk

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Subject : RE: Paper trading OmniFunds
Posted : 8/14/2018 11:11 AM
Post #13265 - In reply to #13253

"Experiments" still returning all zeros again today.

Please advise,

Wynn
Attached file : Experiments_2.png (36KB - 44 downloads)

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Jayhawk

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Subject : RE: Paper trading OmniFunds
Posted : 8/15/2018 12:41 PM
Post #13266 - In reply to #13264

Barry,

Experience problem solved. Thanks for taking the time to track it down.

Question 1: Can a user rum more than one instance of OF at a time? For example in a cash account and another in an IRA? If so, how.

Question 2: Am I correct in stating that there is no place on the OF web site to see the actual results (gain/loss, equity curves, etc.) of the daily trades. One would need to go to the GXTrader web site to see this. Is this a correct statement? If it is, you might add this as a future improvement to the web site.

Question 3: Is this the best forum (i.e. OT, VT, NC) to discuss OF? There doesn't seem to be much discussion of OF on ANY forum. Which leads me to assume that OF is being under-utilized and under-appreciated by users that may own or want to own it. Now, that we've ironed out some kinks and I've progressed through the learning curve, I am getting some impressive results which I would like to share with others. This is GOOD STUFF!!! What do you see as the best place to do that?

Suggestion 1: I would like to see Jeff tack on another section at the end of his SUPERB Tutorial video discussing how to register and sign in to the trading account, what you'll see and some of the restrictions - for example, you must have no other live trades in this OF trading account.

Suggestion 2: Write a manual!!!

Thanks for your time,

Wynn


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Jayhawk

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Subject : RE: Paper trading OmniFunds
Posted : 8/17/2018 8:58 AM
Post #13267 - In reply to #13264

Barry,

Perhaps you missed my last post on 8/15/18. I'm sure you are busy. I would appreciate your reply when you have a moment.

Many thanks,

Wynn
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mgerber

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Subject : RE: Paper trading OmniFunds
Posted : 8/17/2018 11:39 AM
Post #13268 - In reply to #13267

Thanks for pursuing this, Wynn.

Your questions mirror my concerns.


--Mark G.
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Barry Cohen

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Subject : RE: Paper trading OmniFunds
Posted : 8/17/2018 4:04 PM
Post #13269 - In reply to #13266

Question 1 - OmniFunds was created to trade 1 account per user. Please call us to discuss any special circumstances.

Question 2 - Correct. Yes there is a long list of improvements we'd like to make to OmniFunds & this is one of them.

Question 3 - This is probably the best place to discuss OF, but it doesn't bother me if it's discussed in other forums.

Suggestion 1 - I'll let him know.

Suggestion 2 - Noted!


for example, you must have no other live trades in this OF trading account.


This is only a temporary solution until it's fixed properly.
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