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Date/Time: Thu, 19 Sep 2024 01:39:42 +0000



Post From: Stop loss(market) order getting converted into a Stop limit order!

[2024-09-13 03:37:47]
User61168 - Posts: 394
Question in my mind after reading this thread remains - “can my stop order ever be rejected by CME?”

All my stops are via Flatten using trading system via simple alert study. I don’t use any attach orders via trade ticket. To minimize risk further, my alert condition logic uses brute force on every tick if the order for any reason does not reduce my open position size by order qty used in the trade ticket. When I use flatter as timestops after hh:mm:SS, it also employs brute force to triggering flatten command on every tick until position quantity is reduced to 0.
This way, I can’t think of any reason to worry. I also dont check or be concerned with slippage as flatten/close all at any cost and at any available price on the next tick is a top priority for me especially during session close to prevent overnight maintenance margin. My take profit is also a stop/reverse order in most cases via simple alert study.

I think I am good and covered in just about any unforeseen scenario but please let me know if I am overlooking any unique scenario to get burnt by the complex rules of CME exchange. I would appreciate it
Date Time Of Last Edit: 2024-09-13 03:40:33