Support Board
Date/Time: Wed, 12 Mar 2025 11:48:15 +0000
Stop Loss Order Failed to execute
View Count: 723
| [2022-05-02 15:15:24] |
| User643426 - Posts: 127 |
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Today I had a trade on that went against me took out my Stop Loss order which did not execute and left me with a naked position going against me. How does something like this happen?
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| [2022-05-04 19:04:31] |
| Sierra_Chart Engineering - Posts: 18750 |
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This would mean that the stop order was actually not working at the exchange. It may have been canceled because it was a Day order. In the case of CQG which you are using, if you did not have Sierra Chart running at the time of the parent fill, then the stop order would not be working at the exchange. You need to look at the Trade Activity Log to see what specifically happened with that Stop Order: Trade Activity Log: Viewing Historical Trade Activity We strongly recommend to use Teton order routing for server-side bracket orders: Sierra Chart Teton Futures Order Routing 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, use the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2022-05-04 19:04:44
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| [2022-05-05 20:08:01] |
| User643426 - Posts: 127 |
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Thank you. I did speak to my broker about the stop loss being canceled and they said it was canceled because my order was filled but price went through my stop price before the order could be sent to the exchange. I use CQG for routing and that seems kind of slow for order execution speed. Is there any way to get faster order execution so my stop orders can be sent to the exchange immediately after the order is filled? Would Teton order routing offer faster order execution? What other advantages does Teton offer over CQG? Does it cost more? Thank you.
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| [2022-05-05 20:34:22] |
| John - SC Support - Posts: 38598 |
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You will find all the information on the Teton Order Routing at the following link: Sierra Chart Teton Futures Order Routing In terms of cost, it is cheaper, as there are no Order Routing Fees when using the Teton Order Routing. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2022-05-05 21:47:50] |
| User379468 - Posts: 508 |
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In the case of CQG which you are using, if you did not have Sierra Chart running at the time of the parent fill, then the stop order would not be working at the exchange.
With CQG, aren't stop orders still working at the exchange, but the OCO bracket order functionality to cancel the other side after one side fills is locally held? |
| [2022-05-06 01:00:08] |
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Regarding post #5, how this works when using CQG is explained here: Attached Orders: Management of Attached Orders when Trading Service Supports Server Side OCO Only Regarding post #3, yes Teton would minimize the kind of issue you had, but there is also an option in Sierra Chart for this scenario: Attached Orders: Market Moving Quickly Beyond Stop Price Causing It to Become Invalid Make sure you update to the latest release though for proper support for this for CQG: Software Download: Fast Update Otherwise it will not work. 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: 2022-05-06 01:02:40
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