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How to bypass NT8 risk controls?

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    How to bypass NT8 risk controls?

    Hi guys, first time poster here, but I have a serious problem with NT8.

    I'm using NT8 to trade intracommodity spreads. Some markets are denominated in a currency that isn't supported by NT8 (BTC).
    Because of this the values in the accounts tab are incorrect which sometimes leads to a negative cash value.


    Apparently NT8 uses the accounts cash value to determine weither new positions can be opened or not. This leads to a huge fk up especially when it comes to spreads, because this PoS software prevents me from completing the spread due to "lack" of minimum cash value in the account.


    I only want NT8 to care about my orders. I don't want it to babysit my risk.


    HOW CAN I TURN THIS FEATURE OF?

    I tried to play around with the "Risk" settings, but no help. Negative cash value is negative cash value and even when I use 1ct margins/contract, it won't let me open a new position if cash value is negative.


    Please help. I'm losing it with this god damn frontend.
    Last edited by herrzitrone; 03-03-2019, 09:40 AM.

    #2
    I have the same issue when i trading CFD like EURUSD with FXCM

    Comment


      #3
      Hello,

      Thank you both for the note.

      For the simulation account, you must have a positive cash balance to place any trades. Live accounts do not respect any platform risk settings, as this is all handled by your broker.

      I would advise setting the cash value of the sim account to a higher value in order to maintain a high enough cash balance to prevent any unwanted order rejections.

      Please let me know if you have any further questions.
      Ryan S.NinjaTrader Customer Service

      Comment


        #4
        Well, Ryan, at least thank you for the reply.

        What are we supposed to do when we trade live but with a direct connection?

        This means we have no broker to handle risk controls, the live account is permanently on 0,00$ buying power because the currency is not supported, thus the cash value depends on unrealized P/L.

        -> open loss, even just one cent -> no trading possible -> platform useless.

        Honestly, this is a joke. I actually liked NT8 because of it's architecture and simplicity, but that's useless if I cannot use it to trade.

        Comment


          #5
          Hello herrzitrone,
          Thanks for the note.

          To clarify, is this occurring on your live account or the sim account? If a live account, what broker are you connected to?

          Also, what instrument is this occurring with? Can you reproduce this on the sim account?

          I look forward to hearing from you.
          Ryan S.NinjaTrader Customer Service

          Comment


            #6
            Hi Ryan,

            I'm using NT8 with a custom plugin which connects me directly to an exchange, so as I already stated, I cannot write and complain to a broker cause I have none.

            The instrument in question is a BTCUSD futures which I spread against Comex futures. BTC is not supported as a currency, thus NT8 does not convert my accounts cash value into USD.

            I'm trading live with this and I cannot reproduce it on a sim account because the sim account is always funded with 100k $. All is fine as long as the futures leg is green and the BTC cash leg is the losing one. Vice versa and the platform wont allow trades.

            Comment


              #7
              Hello,

              Thanks for the reply.

              I'd like to investigate further how this behavior is occurring. Please send us an email by going to Help>Email Support from the control center, and link this forum thread in the body of the email. Also if possible, please provide any additional info about the custom add-on you have.

              Thanks in advance-
              Ryan S.NinjaTrader Customer Service

              Comment


                #8
                Ryan, thanks for your help and your time.

                I tried to write this eMail you requested and when I pressed send, NT crashed on me. I think that was a hint.

                No more NT for me, 4 months of wrestling with this thing until it does what I wanted and then I stumble over such a minor issue. I hire a programmer to code a custom solution for me....probably should have done that in the first place.

                Bye

                Comment

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