is my Stoploss via NT virtual or hard?

vincetc

Junior Member

Join Date: May 2009

Posts: 25
#1

is my Stoploss via NT virtual or hard?

08-28-2009, 08:25 AM

Hi,

In the possible scenario that my FX broker's feed unexpectedly goes down.

Will my stoploss/trailingprofit instruction through NT be treated is a 'virtual' SL/TP (ie. clientside SL that is triggered by NT sending a CloseOrder instruction to my broker) or is is a 'hard' SL/TP (SL/TP held on my brokers servers, thereby limiting my exposure even if the datafeed is shot) ?

btw, I am using MBT as my FX broker, is it makes any difference.
Tags: None
NinjaTrader_Jason

NinjaTrader Customer Service

Join Date: Aug 2007

Posts: 18237
#2

08-28-2009, 08:41 AM

Hello vincetc,

The location of your orders depend on the order status and broker technology. Please see the link below for more information.

Where do your orders reside using NinjaTrader 7? - NinjaTrader Support Forum

http://www.ninjatrader-support2.com/vb/showthread.php?t=5349&highlight=order+reside

Note: This information is relevant for NinjaTrader 7 only. For NinjaTrader 8, please click here (https://ninjatrader.com/support/helpGuides/nt8/where_do_your_orders_reside_.htm). CQG Orders in a state "Accepted" or "Working" are at the exchange. If the exchange does not support a specific order type, the

You can check the order status in the State column of the Orders-tab.

JasonNinjaTrader Customer Service
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