Hi all,

Still confused.

I couldn't understand why I had pending phantom trades considering I had phantom=0 in the z.ini, but I now think it is related to virtual hedging as z5 was operating in mode 2.

Does the virtual hedging mechanism work by placing firstly various phantom positions for a period and then placing net real trades, or does it mean that various real positions are taken first and then phantom trades help adjust the net positions?

In either case I am still confused as to why a grid system would initially place 2 phantom pending trades, remove them and not place any further real or phantom trades since 24-9.