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Date/Time: Fri, 29 Nov 2024 02:35:43 +0000

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Teton auto liquidation

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[2022-03-28 17:13:39] #50 [Go To First Post]
User379468 - Posts: 508
SC Support, 1. "Sierra indicated they would like to have all end users (Broker’s, FCM’s, and traders) sign some authorization agreements" -What are these agreements? 2. How traders can make use of both the Teton auto liquidation, and in addition the FCM's existing loss limits? 3. How soon could all FCM's supporting Teton have the auto liquidation working? 4. How can Teton auto liquidation support profit management also?

[2022-03-28 21:50:59] #51 [Go To First Post]
Sierra_Chart Engineering - Posts: 17218
1. Here it is: https://www.sierrachart.com/UserControlPanel.php?page=SCAgreements 2. When using Teton, there would only be one loss limit and that would be provided by the Teton Order Routing Service. 3. They all have access to it now. 4. We plan to develop this but it is not yet available. 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

[2022-03-29 01:40:58] #52 [Go To First Post]
User379468 - Posts: 508
[The Sierra Chart/Teton Order routing system can have incorrect position quantities for an account. Therefore, when auto liquidation is triggered, these incorrect positions would be closed. However, in effect new positions are created in the market for the trade account.] Under what circumstances could this happen on Teton? How long of a process is it for the other FCM's supporting Teton to set up the auto liquidation?

[2022-03-29 07:53:02] #53 [Go To First Post]
Sierra Chart Engineering - Posts: 104368
Under what circumstances could this happen on Teton? The reason would be due to, the broker or clearing firm putting a trade in your account, outside of the Teton system. And then not doing the corresponding manual fill within Teton. 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: 2022-03-29 07:53:18

[2022-03-29 14:40:25] #54 [Go To First Post]
User379468 - Posts: 508
the broker or clearing firm putting a trade in your account, outside of the Teton system. And then not doing the corresponding manual fill within Teton. 1. This could happen on any broker/trade desk executed fill, ie if trader lost connection. Since it's a new service, are all brokers/fcm's familiar with the process to do the manual fill? 2. Are there any pros/cons to how Teton auto liquidation works vs FCM's standard auto liquidation? 3. Could the auto liquidation be set up on Weekly and Monthly reset times for swing/overnight hold traders?

[2022-03-29 15:42:58] #55 [Go To First Post]
Sierra Chart Engineering - Posts: 104368
How long of a process is it for the other FCM's supporting Teton to set up the auto liquidation? They all have it available to them and as we understand, they all know how to use it. If they need any help we are available to help them, and it just takes a few minutes. 1. Yes they do know how to do this. The documentation is here: Trade Account and Risk Management: Add Manual/Correcting Order Fill 2. We are not familiar with FCM auto liquidation. We will have someone comment on this for you. 3. For overnight positions the Open Positions profit/loss does not reset with Teton auto liquidation. 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: 2022-03-29 15:43:35

[2022-03-29 16:03:33] #56 [Go To First Post]
User379468 - Posts: 508
[For overnight positions the Open Positions profit/loss does not reset with Teton auto liquidation.] Could you elaborate on what this means exactly, with an example of how it would function if a position is held overnight? And how this compares to the other trade services in terms of holding overnight and tracking open position profit/loss? Date Time Of Last Edit: 2022-03-29 16:18:47

[2022-03-29 16:11:46] #57 [Go To First Post]
Stage 5 Trading - Posts: 155
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

[2022-04-12 21:11:08] #58 [Go To First Post]
User379468 - Posts: 508
Engineering, can you respond to post #56? Also, to clarify this question: "3. Could the auto liquidation be set up on Weekly and Monthly reset times for swing/overnight hold traders?" Teton auto liquidation supports a loss limit for intraday traders on a Daily reset timeframe, ie they are liquidated if the max loss for a day is hit. The next day trading can be re-enabled. Swing/position traders hold overnight over multiple days and may have a loss limit for the Week and/or Month instead of Day. Can you consider supporting a loss limit that would function for the Week and/or Month instead of Day for swing/position trading on Teton? This is seemingly unavailable elsewhere, further bringing a competitive advantage to the Teton service, and more importantly, greatly improving risk management for Traders on Teton. Date Time Of Last Edit: 2022-04-12 21:21:47

[2022-04-19 09:58:00] #59 [Go To First Post]
Sierra Chart Engineering - Posts: 104368
We will write up detailed documentation for this. 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

[2022-04-20 15:59:31] #60 [Go To First Post]
Sierra Chart Engineering - Posts: 104368
Here is the documentation: Sierra Chart Teton Futures Order Routing: Understanding the Daily Net Loss Limit 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

[2023-03-08 03:36:50] #61 [Go To First Post]
User624595 - Posts: 207
4. We plan to develop this but it is not yet available. Engineering, has server side Profit Management been released or have an ETA for Teton?

[2023-03-09 09:49:43] #62 [Go To First Post]
Sierra_Chart Engineering - Posts: 17218
No this is not yet available. We do not know the estimated time. 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

[2023-03-09 14:41:59] #63 [Go To First Post]
User90125 - Posts: 715
Are users able to add a Daily Stop Loss Limit to Teton? Or should the broker do this for them?

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