DAS placing Auto Short orders

[ahmerqureshi76 0]

Hi Guys, rookie question, i am new to this, working on SIM, when i do trades (only longs), from time to time DAS automatically place some short orders. I m sure there is something i am doing wrong, Would appreciate your help in identifying my mistake.

Thanks in advance. 

 

[zulkafil 38]

  On 12/17/2021 at 4:52 PM, ahmerqureshi76 said:

Hi Guys, rookie question, i am new to this, working on SIM, when i do trades (only longs), from time to time DAS automatically place some short orders. I m sure there is something i am doing wrong, Would appreciate your help in identifying my mistake.

Thanks in advance.

Are you opening a long position with any custom script / Hotkey? Please provide your script or more details about how you are opening a long position.

Best of luck.

[ahmerqureshi76 0]

Hi @zulkafil, Yes i did use these Hotkeys from DAS layout available on BBT. Thanks for helping me with this 

Buy 100:    ROUTE=SMRTL; Share=100; Price=Ask+0.10;TIF=DAY+;BUY=Send;

Sell 25%:   CXL ALLSYMB; Share=Pos*0.25;ROUTE=SMRTM;TIF=DAY+;SELL=Send;TriggerOrder=RT:STOP STOPTYPE:MARKET STOPPRICE:AvgCost PX:AVGCOST ACT:SELL QTY:POS TIF:DAY+

Sell 100%:    CXL ALLSYMB; ROUTE=SMRTL;Price=Bid-0.10;Share=Pos;TIF=DAY+;SELL=Send;

[zulkafil 38]

  On 12/18/2021 at 11:39 PM, ahmerqureshi76 said:

Hi @zulkafil, Yes i did use these Hotkeys from DAS layout available on BBT. Thanks for helping me with this 

Buy 100:    ROUTE=SMRTL; Share=100; Price=Ask+0.10;TIF=DAY+;BUY=Send;

Sell 25%:   CXL ALLSYMB; Share=Pos*0.25;ROUTE=SMRTM;TIF=DAY+;SELL=Send;TriggerOrder=RT:STOP STOPTYPE:MARKET STOPPRICE:AvgCost PX:AVGCOST ACT:SELL QTY:POS TIF:DAY+

Sell 100%:    CXL ALLSYMB; ROUTE=SMRTL;Price=Bid-0.10;Share=Pos;TIF=DAY+;SELL=Send;

Hi,

Your orders are pretty simple

1. Buying 100 shares with a limit order [ROUTE=SMRTL; is specific for IB, you can use ROUTE= LIMIT;]
2. Selling 25% of a open position (market order) and placing an stop order at average cost [ROUTE=SMRTM; is specific for IB, you can use ROUTE= MARKET;]
3. Selling 100% with a limit order

I mentioned a little bit about your above scripts, so you can get an idea about each script (or you already know that). As I mentioned in the beginning, the scripts are very simple. I can explain more details but I will suggest that you read the following post..

 

Since you are working on SIM, it is good to know that SIM doesn't depend on Brokers for route.

Best of luck..

[ahmerqureshi76 0]

@zulkafilthaks alot for your input, my original question was regarding DAS placing Short order automatically. Does your reply address this?

Sorry if i am coming across as dumb. I am pretty new to all this.