IB: I shorted 1 mini SP; IB says I'm down more than $10,000

Discussion in 'Order Execution' started by Q.E.D., Jan 27, 2022.

  1. Q.E.D.

    Q.E.D.

    Another IB problem I've had for a while. Attached, I sold 2 e-minis, one was liq from a low purchase over night, but then went short one at 4312.00. Another photo attached, shows mkt droped to 4311, which would represent minor OTE of plus $5.00. [On plus side, the Dly P/L is oddly correct.] IB tds_2022_01_27_1.jpg IB Open_Pos_2022_01_27.jpg IB tds_2022_01_27_1.jpg IB Open_Pos_2022_01_27.jpg

    But IB shows Unrealized of minus $10,700, because IB showed Avg Price of 2155.95. The gross value of 1 e-mini, approx $21,560, & even with recent volatility, SP does not drop 50% in a few minutes.

    I sold additional contracts, & inaccurate accounting continue, although often after 2 or 3 contracts, the Avg Price & Unrealized correct. But keeping track of P/L while trading, virtually impossible.
     
  2. You belong to the almost extinct group of people that take pictures of their monitors. I have not seen any of you for a while, but here you are.
     
    xandman, d08, jbt and 5 others like this.
  3. Q.E.D.

    Q.E.D.

    That was from a Notebook I keep on overnight, including broadcasting various prices, every few seconds, to a wireless headset I wear overnight. After years, I'm able to sleep with that. Taking photo seemed to be quickest / easiest, including program that easily deleted my account number, etc.

    But interesting your comment relates to the medium, rather than the message.
     
  4. jys78

    jys78

    Wait, you "sleep" listening to audio price ticks all night long?!
     
  5. jys78

    jys78

    The medium IS the message. Especially in this instance!
     
  6. Q.E.D.

    Q.E.D.

    Yes. I had a programmer write the application more than 10 years ago, & have used it almost every night since. I haven't used an alarm clock in more than 30 years, & for probably 10 years, am awake in front of trading computer by 3 am, when European mkts open, although I mostly trade U.S. SP futures, but they are more after after that time.
     
    shuraver and qwerty11 like this.
  7. DaveV

    DaveV

    Good comeback. You must have been waiting a long time to use that line at just the right time.
     
  8. Q.E.D.

    Q.E.D.

    Now whom is dating themselves ? That slaying goes back to Marshall McLuhan, circa mid-1960s. But in this case, that is NOT the message; IB's software is the impt factor.
     
  9. Q.E.D.

    Q.E.D.

    Yes, since the 1960s: Not much opportunity except on perhaps this forum.
     
  10. Q.E.D.

    Q.E.D.

    More: I would get less sleep, if I did not know where the mkt was during the night. But just hearing, say up/down 5.50 is relatively calming news, rather than up/down 75 handles. Life was so much easier years ago, when most futures were NOT 24/6
     
    #10     Jan 27, 2022