Paper Trading Accounts Stopped Trading
Author: joannakim
Creation Date: 9/30/2010 7:46 AM
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joannakim

#1
My Paper trading accounts have stopped trading. I don't recall doing anything actively my self before this happened which was several days ago.

My Strategy Monitor has both accounts in its window with Auto Trading enabled it seems: Auto Trading button is showing at the top, and both accoutns have the dark circle with red arrow inside. Also the Orders window seems to update setups each day at 4:30 PM for the following day's possible trade. But when the next day arrives, and trades should be generated, nothing is traded in either accounts. What to do? Should I reset all my paper accounts, and if so, how would I do that? Thanks.

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Cone

#2
It sounds to me like you're trying to perform end-of-day trading in the middle of the trading day. That won't work. You need to run the Strategy Monitor after market hours (and before the next open) for EOD strategies.

If you run the S. Monitor for an EOD strategy during market hours, then the Monitor has no choice other than to wait for the end of the current day's trading... it's already too late for today!
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joannakim

#3
No, Cone. This used to work, and my Paper account traded correctly for a couple of days. My strategy produces alerts/setups after the market closes. My paper accounts are set up to run for the setups at 4:30 PM which it does every day, so that part is not a problem.

The next day which is the trade day according to my strategy, if the limit price is hit on any one of the securities that were included in the set-up list from the day before, the entry occurs, and everything is exited from around 4 PM.

Like I said, it worked fine for a while, but some how, both paper accounts have stopped trading; nothing. Do you think I should re-set the paper accounts? And if so, how can I do that? And of course, you might have other advice which is welcome. I am really tired of the anemic Paper Accounts in WLP. Thanks.

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Cone

#4
You'll need to describe better what's not working, because it seems that it's working fine to me.

1. Describe what is happening, precisely, and then
2. describe the part that is not working

Posting a picture that shows what your seeing is always very helpful. Upload to an image hosting site and use the "IMG" tag button to link it.
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joannakim

#5
What would be an image hosting site that I could use? Would Google be capable of this? Thanks.
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Eugene

#6
Google is capable of finding these sites: type "free image host" and pick whatever works for you e.g. imageshack, tinypic.
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