Support Board
Date/Time: Fri, 29 Nov 2024 04:43:40 +0000
Post From: Teton auto liquidation
| [2022-03-29 16:11:46] |
| Stage 5 Trading - Posts: 155 |
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Regarding Question 2. I do not believe there are any specific FCM Auto-Liquidations per se. The settings are done at the server level, which can be set by the FCM or the Introducing Broker if they have admin capabilities. These settings are done through the order routing feed like Teton. Although we never want to see a trader trigger their auto-liquidation, in our opinion, Teton Auto-Liquidation has performed at a very high level and is one I would recommend taking advantage of. Please see some examples below of Teton Auto-Liquidation. ServerProcess: \Advantage_Stage5_Live_SCDirect\SierraChartServerVersion.exe Text: Flattened positions and canceled working orders for Trade Account: XXXXX Reason: Flatten Positions. Daily net loss limit has been reached. DailyNetLossLimit= -200.00. CurrentNetPL= -202.04 Positions flattened: TradeAccount: XXXXX, Symbol: MESM22_FUT_CME, Long: 1 & ServerProcess: \Advantage_Stage5_Live_SCDirect\SierraChartServerVersion.exe Text: Flattened positions and canceled working orders for Trade Account: XXXXX Reason: Flatten Positions. Daily net loss limit has been reached. DailyNetLossLimit= -300.00. CurrentNetPL= -300.72 Positions flattened: TradeAccount: XXXXX, Symbol: MESM22_FUT_CME, Long: 1 If you have questions or would like any further details, please feel free to call us at 1-312-896-9897 or 1-800-258-6675. You can email us at sierrachart@s5trading.com and can also contact us here: https://stage5trading.com/contact/ Thank you, Anthony Giacomin Stage 5 Trading Trading derivatives carries a high degree of risk, and may not be suitable for all investors. Past performance is not necessarily indicative of future results. Date Time Of Last Edit: 2022-03-29 16:28:03
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