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Question about commission entry in settings, does it effect generated reports?
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Question about commission entry in settings, does it effect generated reports?
If I have NT set to show X amount for each unit, is that what's reflected in the daily report it generates?Tags: None
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Yes.
Commission can be included in your PnL calculations provided you have correctly configured NinjaTrader. Commission values can be defined for each connectivity provider per instrument and per instrument type.
I have provided publicly available links below to our YouTube that goes over setting up commissions values:Commission values are used in the following order:- From the instrument if a commission value has been defined else
- From the instrument type if a commission value has been defined else
- No value is used since none have been defined
- From within the NinjaTrader Control Center window select the menu Tools > Options
- Select the tab "Commission"
- Click here for details on defining a commission values
- From within the NinjaTrader Control Center window select the menu Tools > Instrument Manager
- Double click on the instrument you wish to add a commission value for
- Click on the "Misc" tab
- Click here for details on defining a commission values
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NinjaTrader_PatrickG Hi! Thanks for the response and additional information.
I should have worded my question differently.
So say I have NT set to show $1 a side on the M2k, when in reality it's like $0.61. Will the PnL report I generate using Ninjatrader reflect the purposefully incorrect commission, or is it pulling the correct numbers from somewhere else? Thanks for your time.
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Originally posted by NinjaTrader_PatrickG View PostYes.
Commission can be included in your PnL calculations provided you have correctly configured NinjaTrader. Commission values can be defined for each connectivity provider per instrument and per instrument type.
I have provided publicly available links below to our YouTube that goes over setting up commissions values:Commission values are used in the following order:- From the instrument if a commission value has been defined else
- From the instrument type if a commission value has been defined else
- No value is used since none have been defined
- From within the NinjaTrader Control Center window select the menu Tools > Options
- Select the tab "Commission"
- Click here for details on defining a commission values
- From within the NinjaTrader Control Center window select the menu Tools > Instrument Manager
- Double click on the instrument you wish to add a commission value for
- Click on the "Misc" tab
- Click here for details on defining a commission values
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NinjaTrader_PatrickG In other words, will my commison set in the program effect what Philips gets, and then they make adjustments? Am I seeing the effects of the rebate program or am I making things more difficult by purposefully setting the wrong commison in NinjaTrader settings?2 Photos
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The commission you configure in the platform has no effect whatsoever on what you're actually being charged by your broker for live trades. This is used for local reporting only and you should treat it as secondary in accuracy to your actual broker-provided statement.
If you have questions about the charges on the statement from your broker, please contact your broker directly.
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NinjaTrader_PatrickG So just to clarify the broker is not receiving the report and then having to make manual adjustments based on me having the commission set incorrectly?
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rontronimous , correct - literally nothing you do on the platform can affect any charges from your broker. Consult your broker directly if you have questions about any charges on the statement you receive from your broker.
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