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Date/Time: Mon, 06 May 2024 17:57:25 +0000



[User Discussion] - How to deal with failed Triggered stop limit orders?

View Count: 560

[2019-08-02 12:59:18]
User814318 - Posts: 9
Hi.
Im trading Bitcoin futures on the BitMEX exchange.
I use the bracket orders from the trading window with Support scale-in and Support scale-out enabled

Target limit
Target: 2500 tics

Stop: Triggered trail stop limit
Offset: 2500 ticks
Trail offset: 5 ticks
Trigger offset: 15 tics

What I expect it to do is to move stop loss to breakeven when 15 ticks profit is achieved, and then trail the profit in 5 tick intervals. It works (mostly) but when the stop order that gets placed should fail (due to "server overload" or "invalid ordrStatus") then it leaves my position without stop.

1. Is there a way to resend the OCO target / stop periodically? Or when it gets canceled by the Exchange?
2. How to resend the scaled-in amount, not the amount that i started with? I enabled Support scale-in and Support scale-out to have a common target and common stop.

Regards

Meelis
[2019-08-02 13:23:20]
TapeReader - Posts: 88
I too have experienced states where a stop associated with one portion of a scaled-into position was dropped - and would be very interested remediation.

I think, but have no evidence to back this up, that this occurs in trades where one of the various stops of the scaled-in position was moved via an Attached Order.

I will see if I can document the steps replicate to provide more info.
[2019-08-02 13:48:07]
User814318 - Posts: 9
Here is a screenshot where the order gets canceled.
imageScreenshot 2019-08-02 at 15.11.40.png / V - Attached On 2019-08-02 13:47:22 UTC - Size: 1.23 MB - 308 views

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