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Real trading Strategy: Order rejected cause margin?

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    Real trading Strategy: Order rejected cause margin?

    Hi NT,

    In the past, I've always traded the EURUSD cash with IB obviously using leverage against my account, never had a problem. Today I was starting my strategy and when the first signal came, an order was submitted but it got rejected. This is the message. I'm aware that I must talk to IB as well, but I want to exhaust perhaps some setting that it might be wrong.

    IBpiers, Order rejected - reason:Order increases leveraged FX position. (201) affected Order: Buy 50000 Limit @ 1.12165


    So, if you had this situation, knowing that you have enough funds to trade forex and you got this message, when will you check in NT configurations?

    Thanks

    EDIT: I'm pretty sure that this issue is from IB.
    Last edited by pstrusi; 07-08-2019, 04:37 PM.

    #2
    Hello pstrusi,

    Thanks for your post.

    In general, order rejection native errors should be brought up with your broker as they will have the exact context of the error.

    This error sounds to be margin related. Avoiding such an error requires knowledge of your account standing, the positions you currently have and your broker's margins. You could use the Account's tab of the Control Center to view current BuyingPower and Initial Margin if it is available from your provider. BuyingPower and CashValue can be fetched from NinjaScript, however baking logic into your strategy that protects you from margin violations would require knowledge of the points above.

    Accounts tab - https://ninjatrader.com/support/help...counts_tab.htm

    GetAccountItem - https://ninjatrader.com/support/help...countvalue.htm

    Please let us know if there is anything else we can do to help.
    JimNinjaTrader Customer Service

    Comment


      #3
      Thanks Jim, you're right. It seems that IB has made certain changes in account settings that needs to be addressed once again by entering in account management.
      Regards

      Comment

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