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Date/Time: Wed, 27 Nov 2024 00:44:05 +0000



Buy-Exit Order was not executed

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[2023-10-04 18:03:50]
User827002 - Posts: 36
Last night I lost over half of my account because my trading spreadsheet failed to execute a buy-exit order. There is absolutely no reason that I can see why this failed to execute, it has always worked and I have not adjusted any of the inputs. I even backtested the trade in SIM and it executed with no problem. I am obviously very, very upset. I want to know why this happened, and if this is a common problem that I was just unaware of. It takes a tremendous level of trust in your platform to leave it to trade on its own which is why I had backtested so much data to make sure that it was all working smoothly. Help me understand why this happened, please.
[2023-10-05 17:53:26]
Sierra_Chart Engineering - Posts: 17187
You can never leave automated trading alone. That is a very basic rule.

It is always important to have a backup Stop order in place.

Another thing that can safeguard against a problem like this is the upcoming server-based profit/loss management functionality for Teton order routing. We should have that released in a few weeks.

It is available now with this service:
Simulated Futures Trading Service

As far as why this happened this is not within the scope of our support. Refer to:
Automated Trading Management: Troubleshooting Automated Trading System Behavior
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: 2023-10-05 17:53:48

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