Support Board
Date/Time: Mon, 25 Nov 2024 11:22:33 +0000
Post From: Incorrect GC Rollover/Expiration
| [2014-01-30 05:20:52] |
| Futures Operator - Posts: 239 |
|
1. The issue with automatic rollover on a set day is it might be before volume has rolled, and if you trade from the charts, you might not want your charts to automatically roll over without notice while you are already in a position, and suddenly show you as flat, this was my issue today. A notification prompt could be an option/setting. 2. The issue with not using automatic rollover is you have to watch it every day and manually compare the volume yourself. Tonight I ended up trading the back month as volume rolled to April and I did not realize it, and it cost me $$$ in slippage several times. An alert could have prevented this. 3. Automatic Volume based rollover would be a good idea, it could be at least as good as an automatic date based rollover, at least it would definitely be with the volume. It could also have an option to alert and/or roll at a configurable % of the next contract volume, ie 90%. |