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Date/Time: Thu, 18 Apr 2024 22:19:04 +0000



Trading Evaluator order -Margin needed: 12000000.00 USD ????

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[2020-07-02 16:35:02]
User350206 - Posts: 1
Hi Support,
few minutes ago I had a buy order MESU20 at 3123.
Wanted to set a sell-stop-limt at something like 3126 and got this error message:

Trading Evaluator order update (Order reject). Info: Trade Order Error - Insufficient account balance to meet margin for order. Margin needed: 12000000.00 USD. Percentage: 100. Multiplier: 10000. Internal Order ID: 328. Service Order ID: 381951. Symbol: MESU20. Account: 626841 | 2020-07-02 10:22:51.418 *

I've set my Evaluator Account to 1.000.000 and thougt this is fine for training.
Why do I need 12.000.000,00 USD for a stop-loss? And what is that Multiplier: 10000?

Thanks!
[2020-07-02 17:27:41]
Sierra Chart Engineering - Posts: 104368
The order quantity you are using is 10000 or at least that is the calculated potential quantity based upon existing Orders and the Position. Set the order quantity for the order to 1.
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, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing
Date Time Of Last Edit: 2020-07-02 17:29:16

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