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Date/Time: Tue, 18 Mar 2025 16:12:47 +0000



Teton order rejected before Daily Loss Limit Reached

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[2022-09-21 22:11:48]
User990275 - Posts: 26
Hello,

Teton is rejecting my orders due to Daily Loss Limit of $1500 being hit, even though my NetPL is displaying as -$1373.50. How is the current PL calculated for Daily Loss Limit purposes?

Also, it appears Teton includes $1.50/contract placeholder fees in the calculation? But even with these fees my net PL is under the DLL.

Thanks
Ajay
imageE9E5CA0B-3592-4CC1-BF6D-221326660A33.png / V - Attached On 2022-09-21 22:10:42 UTC - Size: 2.83 KB - 100 views
[2022-09-22 01:11:44]
User990275 - Posts: 26
Full error message:

Teton CME Order Routing (Order reject). Info: Trade Order Error - Order increases position. Daily net loss limit has been reached. DailyNetLossLimit= -1500.00. CurrentNetPL= -1373.50. Text: Parent order. Tag: _ MES 8 (5-10-10-30).twconfig. Internal Order ID: 73947. Service Order ID: 890941. Symbol: MESZ22_FUT_CME. Account: XXXXX| 2022-09-21 13:04:32.265 *
[2022-09-22 04:03:21]
Sierra_Chart Engineering - Posts: 18824
That rejection, means that at some point, the daily loss limit was reached. Even though you see the CurrentNetPL at a smaller value.


You need to ask your broker about this:
Also, it appears Teton includes $1.50/contract placeholder fees in the calculation?

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: 2022-09-22 04:03:42

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