Commissions in Account Performance Incorrect

[bce111]

Hi

I just reinstalled NT7 and just started trading again this week. In the Account Performance section the first 2 days I traded the commissions registered correctly. But yesterday the commissions on some trades were correct for CL, but others weren't. Not sure what caused this. I didn't change anything. I just did a few trades. Here's a print screen. Notice CL for the first 2 roundtrips is $3.78, which is incorrect and the last 2 roundtrips are at $5.04, which is correct. Not sure what's up. Thanks.

P.S. Don't be thrown off by the dates on the image. I had changed that before I did the print screen but hadn't hit generate to bring today's trades up.

[bce111]

Here's the commission set up in the Instrument Manager.

[NinjaTrader_Matthew]

Hello,

Do you have anything defined under Tools--> Options--> Commissions tab?

Do these results change if you check 'Group Trades by ATM Strategy' and re-generate the report?

[bce111]

Hi The answer to both of those questions is "No". Not sure why 2 were correct and the others weren't when I didn't change anything.

[bce111]

Hi The answer to both of those questions is "No". Not sure why 2 were correct and the others weren't when I didn't change anything.

Here's one thing I think could be involved. The first trade was to buy one contract @100.11 and then I bought one more @99.99. And then I sold both @100.08. I think somehow it only counted the exit as one trade instead of 2 separate contracts traded and only charged me one commission or something like that. Why would it do that and what can I do to keep it from doing that? Thanks.

[bce111]

Here's one thing I think could be involved. The first trade was to buy one contract @100.11 and then I bought one more @99.99. And then I sold both @100.08. I think somehow it only counted the exit as one trade instead of 2 separate contracts traded and only charged me one commission or something like that. Why would it do that and what can I do to keep it from doing that? Thanks.

Now that I did the math that is what it is. If you divide $2.52 by 2 you get $1.26. And if you add that to $2.52 you get $3.78 which is how it registered the commission.

ADD: That is it. See the attachment. It should be per contract, not per trade.

[bce111]

This isn't a solution I figured out. I just saw what it incorrectly did. I'd like to know how to correct this. Thanks.

[NinjaTrader_Matthew]

If you're trading more than one contract and you need the commission to reflect this, you will need to setup a commission level as 2.52 per 1 unit. The minimum commission will set a flat rate regardless of the number of contracts you are trading.

Please see our Help Guide article on How to add a tiered commission rate for more information: http://www.ninjatrader.com/support/h...ission_tab.htm

[bce111]

If you're trading more than one contract and you need the commission to reflect this, you will need to setup a commission level as 2.52 per 1 unit. The minimum commission will set a flat rate regardless of the number of contracts you are trading.

Please see our Help Guide article on How to add a tiered commission rate for more information: http://www.ninjatrader.com/support/h...ission_tab.htm

Yeah, but how do I do that as I trade different contracts with different commission rates?

[bce111]

Is this it?

[NinjaTrader_Matthew]

From the instrument editor for that contract you had setup previously, please click on the "Misc" tab and clear out the 'Minimum commission' and setup the 'Commission levels' instead. The instructions on the help guide will be the same for the individual contract.

You will want to use Commission: 2.52 Units: 1

[NinjaTrader_Matthew]

Is this it?

If that was brought up from Tools--> Instrument Manager, that should be working.

Please note that applying these settings will not correct your previously executed trades, but it should correct this moving forward.

[bce111]

If that was brought up from Tools--> Instrument Manager, that should be working.

Please note that applying these settings will not correct your previously executed trades, but it should correct this moving forward.

Thanks, Matthew. So the minimum commission is set to "0"? Is that right?

[bce111]

Like this? I'll have to do that with all the contracts.

[NinjaTrader_Matthew]

Yep - you'd leave the minimum at 0 and you'd need to repeat this for all instruments that have a different commission rate.

If you have a general commission rate for futures, this can be configured under Tools--> Options--> Commission tab.

You only need to setup the commission per instrument if the commission is different for that particular instrument.