Support Board
Date/Time: Wed, 05 Feb 2025 13:03:52 +0000
Unexpected new position after OCO trade stop hit
View Count: 651
| [2020-03-06 09:38:01] |
| User250312 - Posts: 4 |
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Hi, I experienced a problem with my trading yesterday (3/5) Thurs. I had an OCO order for GC, and the stop was hit. Instead of being flat, I had a new open position. I then flatten the position, and another new position was opened. Again, I quickly flatten it. So, instead of just a regular stop hit position, 2 additional positions were added out of thin air. Please check. Thank you.
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| [2020-03-06 10:02:08] |
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Who is your broker? This is important for us to know because it is relevant to know if we can recommend a replacement for Rithmic in your case. Was the Stop a trailing stop? There is a particular scenario where this can happen, when there is a trailing stop and a server managed bracket order or potentially a server managed OCO order. Although this scenario is rare. We would have to examine what has happened in your case through the Trade Activity Log. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2020-03-06 17:14:20
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| [2020-03-06 13:44:13] |
| User250312 - Posts: 4 |
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I am with Helios (Earn2Trade). It wasn't a trailing stop. Just a standard OCO with limit order to get out at profit and a stop loss.
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| [2020-03-06 17:10:31] |
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Please provide the information here: Trade Activity Log Analysis: Support Assisted Trade Activity Log Analysis There is no cost for this, in this case. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2020-03-09 06:15:10] |
| User250312 - Posts: 4 |
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ActivityType DateTime Symbol OrderActionSource InternalOrderID ServiceOrderID OrderType Quantity BuySell Price Price2 OrderStatus FillPrice FilledQuantity TradeAccount OpenClose ParentInternalOrderID PositionQuantity FillExecutionServiceID HighDuringPosition LowDuringPosition Note AccountBalance Fill 2020-03-05 08:27:24.072 GCJ0-COMEX Rithmic Trading order update (Filled) 1643 35602808 Limit 1 Sell 1659.6 Open 1659.6 1 70625645 Open -1 76466:M:3173597TN0080899 SimpleBracket.twconfig Fill 2020-03-05 08:32:45.913 GCJ0-COMEX Rithmic Trading order update (Filled) 1645 35602818 Stop 1 Buy 1665.6 Open 1660.8 1 70625645 Close 1643 76466:M:3180540TN0082507 1660.8 1658.4 SimpleBracket.twconfig Fill 2020-03-05 08:33:21.449 GCJ0-COMEX Rithmic Trading order update (Filled) 1646 35603316 Market 1 Buy Open 1661.1 1 70625645 Close 76466:M:3183177TN0083153 1661.1 1660.1 SimpleBracket.twconfig Fill 2020-03-05 08:33:35.999 GCJ0-COMEX Rithmic Trading order update (Filled) 1647 35603352 Market 1 Buy Open 1662.0 1 70625645 Close 76466:M:3185534TN0083769 1662.7 1661.5 SimpleBracket.twconfig Fill 2020-03-05 08:35:36.783 GCJ0-COMEX Rithmic Trading order update (Filled) 1653 35603618 Market 2 Sell Open 1660.5 2 70625645 Close 76466:M:3191636TN0085181 1660.7 1659.9 SimpleBracket.twconfig |
| [2020-03-09 07:57:44] |
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This is not the information that we need to be able to help with this. We need the entire Trade Activity file and we need to know the Internal Order ID of the entry order.
Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2020-03-09 07:58:03
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| [2020-03-09 12:22:35] |
| User250312 - Posts: 4 |
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File attached
Date Time Of Last Edit: 2020-03-10 17:59:22
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Private File |
| [2020-03-10 19:45:26] |
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Ok we have looked this over and we see what has happened and we have also reread your original description and we originally did not understand the it. But now we know what has happened. The problem is the flat position was just not getting reported by the Rithmic API and it was continuing to report a position of -1. And then you continued to flatten that position with buy orders which ended up putting putting you into a long position of +2 contracts. We have seen this kind of problem before with Rithmic. ActivityType DateTime Symbol OrderActionSource InternalOrderID ServiceOrderID OrderType Quantity BuySell PositionQuantity Price Price2 OrderStatus FillPrice FilledQuantity TradeAccount OpenClose ParentInternalOrderID FillExecutionServiceID HighDuringPosition LowDuringPosition Note AccountBalance Position 2020-03-05 09:32:45.912 GCJ0-COMEX Updated Internal Position Quantity to 0. Previous: -1 1 Unspecified 70625645 Fill 2020-03-05 09:32:45.913 GCJ0-COMEX Rithmic Trading order update (Filled) 1645 35602818 Stop 1 Buy 1665.6000000 Open 1660.8000000 1 70625645 Close 1643 76466:M:3180540TN0082507 1660.8000488 1658.4000244 SimpleBracket.twconfig Order 2020-03-05 09:32:45.914 GCJ0-COMEX Canceling order due to sibling fill 1644 35602817 Limit 1 Buy 1653.6000000 Pending Cancel 70625645 Close 1643 SimpleBracket.twconfig Order 2020-03-05 09:32:45.915 GCJ0-COMEX Rithmic Trading order update (Order update). Info: Status: complete. CompReason: F 1645 35602818 Stop 1 Buy 1665.6000000 Filled 1660.8000000 1 70625645 Close 1643 76466:M:3180540TN0082507 SimpleBracket.twconfig Order 2020-03-05 09:32:46.667 GCJ0-COMEX Rithmic Trading order update (Order update). Info: Status: complete. CompReason: C 1644 35602817 Limit 1 Buy 1653.6000000 Canceled 70625645 Close 1643 SimpleBracket.twconfig Position 2020-03-05 09:32:53.908 GCJ0-COMEX Synchronized Internal Position quantity to current Service Position quantity. New Internal Position quantity: -1 -1 Unspecified 70625645 Order 2020-03-05 09:33:20.183 GCJ0-COMEX No working orders to cancel for Symbol and Account Unspecified 70625645 Order 2020-03-05 09:33:20.184 GCJ0-COMEX GCJ0-COMEX 1 Min #1 | User order entry. Flatten&Cancel | Last: 1661. Current Position quantity: -1 1646 Market 1 Buy -1 Order Sent 70625645 Close SimpleBracket.twconfig Order 2020-03-05 09:33:20.683 GCJ0-COMEX Rithmic Trading order update (New). Info: Status: Order received from client. 1646 35603316 Market 1 Buy -1 Pending Open 70625645 Close SimpleBracket.twconfig Order 2020-03-05 09:33:21.390 GCJ0-COMEX Rithmic Trading order update (Order update). Info: Status: open. 1646 35603316 Market 1 Buy -1 Open 70625645 Close SimpleBracket.twconfig Position 2020-03-05 09:33:21.448 GCJ0-COMEX Updated Internal Position Quantity to 0. Previous: -1 1 Unspecified 70625645 Fill 2020-03-05 09:33:21.449 GCJ0-COMEX Rithmic Trading order update (Filled) 1646 35603316 Market 1 Buy Open 1661.1000000 1 70625645 Close 76466:M:3183177TN0083153 1661.1000000 1660.0999756 SimpleBracket.twconfig Order 2020-03-05 09:33:21.670 GCJ0-COMEX Rithmic Trading order update (Order update). Info: Status: complete. CompReason: F 1646 35603316 Market 1 Buy Filled 1661.1000000 1 70625645 Close 76466:M:3183177TN0083153 SimpleBracket.twconfig Position 2020-03-05 09:33:29.452 GCJ0-COMEX Synchronized Internal Position quantity to current Service Position quantity. New Internal Position quantity: -1 -1 Unspecified 70625645 It is problems like these, is the reason why we have discontinued support for Rithmic and recommend users move to the Sierra Chart order routing service or less preferred CQG. You should take our advice on that. Here is the documentation for the Sierra Chart order routing service: Sierra Chart / Trading Technologies Futures Order Routing Service If you let us know your broker is we can see if they support that service. Our notice about Rithmic is here: Technical Help for Rithmic is Now Discontinued as of December 1, 2019. Also, refer to this section here: Overview of Trading: Procedure to Handle Unexpected Trading Issue Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2020-03-10 19:48:22
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