Support Board
Date/Time: Tue, 04 Mar 2025 18:02:23 +0000
Post From: sc.TradeServiceAccountBalance produces a different number under Teton than TT
| [2021-12-14 19:55:46] |
| TriStar Trading - Posts: 148 |
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Maybe you are aware of this but I thought I would present it anyhow. I track my balance etc. using a custom study I built. The study uses the sc.TradeServiceAccountBalance function. Under TT the balance the study calculated always matched the sc.TradeServiceAccountBalance. Now under Teton there is a discrepancy. I contacted Stage5 and got this back: "That difference is due to the per-trade fees that are in place. Dorman has a default rate of $2.50 per contract applied to each trade you make that deducts from the account balance. Please keep in mind that these are NOT your actual fees, they are just an estimate used to help prevent accounts from falling debit from fees. The actual fees can only be seen on your account statements." So when I make this adjustment for the 2.50 everything balances on my screen. BTW, this is a per side rate that is debited intraday. In the Trade Account Monitor window this 2.50 is reflected in the Daily Profit/Loss field. So if you show profit of $100 in your Trade Window, and you have 10 filled contracts, the Trade Account Monitor window will show daily PnL of 75.00 while the Trade Window will show $100. Stage5 uses the Trade Account Monitor value for calculating the number of contracts available to trade. FWIW, 2.50 seems like a fairly large debit when the Micro ES is only .57 per side. If trading a smaller account it can reduce your intraday buying power a bit. At 40 fills and a $100 day trade rate you are reduced by one contract availability. And if monitoring margin call levels you likely have less of balance than shown in the Trade Window under Daily PnL. So I don't think the TT balance reflected this intraday debit by Stage5. I don't auto trade but I would think someone who does needs to be aware of this. Thanks, Mike
Date Time Of Last Edit: 2021-12-14 20:00:13
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