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What happens if NT crash while I have open positions?

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    What happens if NT crash while I have open positions?

    Hello,
    This might sound like a noob question, but I'm trying to understand what happens if my power goes off or NT crash while I'm in a trade.
    Assuming I am in a trade, target order placed, stop-loss order placed, and after 1 min, my PC crash.

    What happens with those stop-loss and target orders, are they resting at the broker or are they local on my machine?
    Will they be filled when touched even if my NT is down or I'm just running in the dark without any target or stop loss?

    Thanks for your help.
    Noam

    #2
    Hello NoamBarel,

    Thank you for your note.

    If an entry order is working with an active Atm Strategy and the order fills and the profit target and stop loss are submitted and enter a working / accepted state, these orders are now on the exchange. If the internet connection is lost after this, these orders will continue working but all stop strategy logic (if selected with the Atm Strategy) controlling the stop loss will cease.

    The order is still there protecting the position, but any trailing action would stop as NinjaTrader would not be able to communicate the change order requests to move the order.
    Once the internet connection is regained, the trailing action would resume.

    This behavior also applies to fully automated NinjaScript Strategies.

    Please let us know if further questions come up.

    Comment


      #3
      All orders in superDOM, especially STOP orders, are also on the exchange?

      Comment


        #4
        Hello marcus2300,

        Thank you for the reply.

        Only live orders that have already been accepted and entered a working state. Simulated orders are locally stored on your PC.

        Please let us know if we may assist further.

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          #5
          I was not clear enough. I was speaking about orders placed thru Ninja brokerage in a life account.

          Orders in demo wouldn't harm as they are not real...

          Comment


            #6
            Hello marcus2300,

            Thank you for the clarification.

            These orders are on the exchange as soon as they are accepted and enter a "working" state. If this occurs before internet loss, these orders will continue working but all stop strategy logic (if selected with the Atm Strategy) controlling the stop loss will cease.

            The order is still there protecting the position, but any trailing action would stop as NinjaTrader would not be able to communicate the change order requests to move the order.
            Once the internet connection is regained, the trailing action would resume.

            Please let us know if we may assist further.

            Comment


              #7
              Where orders reside
              Order State Definitions
              Last edited by Lancer; 12-31-2019, 12:00 PM.

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