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Date/Time: Sat, 04 May 2024 13:45:46 +0000



Teton auto liquidation

View Count: 4405

[2022-01-17 14:14:02]
SierraTraders - Posts: 67
Will SC be updating the auto liquidation for the teton routing
the broker said margins will go down once SC set up auto liquidation
[2022-01-17 15:56:48]
User90125 - Posts: 715
Which broker?
[2022-01-17 16:16:37]
Sierra Chart Engineering - Posts: 104368
The auto liquidation based upon the daily loss limit is still pending release.

We cannot comment on margins.
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
[2022-02-03 19:27:20]
User752471 - Posts: 14
Any updates with regards to the implementation of the auto liquidation feature when daily loss limit has been reached?

I have not been able to find any support board posts with regards to this and the Teton Order Routing home page which was last updated Jan 31, 2022, still reads that this feature is "Coming in December" - I have no interest in comments on margin requirements but will switch over to Teton asap if this autoliquadtion feature has been implemented!

Thanks for your assistance and the great product you provide!
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[2022-02-03 21:35:45]
Sierra Chart Engineering - Posts: 104368
We are beginning to make this feature available. Who is your broker? And we will contact them regarding this.
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: 2022-02-03 21:35:54
[2022-02-03 22:03:28]
User752471 - Posts: 14
That's great news!

I'm currently in the process of switching over from AMP to Edge Clear Brokers (via Phillip Capital FCM) as a result of a recent chat with AMP support which suggests they are not considering supporting Teton at this time (see attached for reference).

As such, if this feature can be implemented with Edge Clear brokers that would be awesome!

Thanks again for the quick response!
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[2022-02-03 22:56:56]
User829162 - Posts: 31
I am in the process of changing from Transact to Ironbeam Futures that already has Teton Order Routing implemented. I would also like to see the Auto Liquidation Feature available to Ironbeam for Daily Loss Limit and consequently the lower day trading margins.
[2022-02-05 23:21:17]
bdunn - Posts: 19
Another one for EdgeClear. Dorman.
Date Time Of Last Edit: 2022-02-05 23:25:33
[2022-02-05 23:54:02]
SavantTrader - Posts: 109
EdgeClear, Phillip Capital. Sierra Denali data feed, Sierra Teton order routing. Flawless and fast executions!
[2022-02-07 22:06:54]
Sierra Chart Engineering - Posts: 104368
Thank you for this information, we will be following up with them.
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: 2022-02-07 22:07:00
[2022-02-08 15:29:55]
Stage 5 Trading Corp. - Posts: 31
Hi Traders,

Stage 5 can setup your account with Auto-Liquidation today! Stage 5 Trading is a brokerage firm that firmly stands behind Teton Order Routing and are here to help in anyway that we can.

You can open an account for as little as $100 and you will receive $0.20 per side commissions on the micros and $0.45 commissions on non micros plus exchange and regulatory fees.

Please feel free to contact us and we will gladly assist you with any questions you may have and/or the process of transitioning your account and hopefully helping you improve your current trading solution.

If you have questions or would like to speak to an assigned personal broker for details, please call us at 1-312-896-9897 or 1-800-258-6675. You can email us at sierrachart@s5trading.com and can also contact us here: https://stage5trading.com/contact/


Thank you,
Anthony Giacomin
Stage 5 Trading

Trading derivatives carries a high degree of risk, and may not be suitable for all investors. Past performance is not necessarily indicative of future results.
[2022-02-08 15:54:06]
Tonkadad - Posts: 235
EdgeClear, Phillip Capital. Sierra Denali data feed, Sierra Teton order routing. Flawless and fast executions!

Savant I have the exact same setup and the exact same experience. Extremely satisfied!
[2022-02-17 20:30:03]
Stage 5 Trading - Posts: 152
While we never like to see traders hit their auto liquidation level, we are happy to report that the everything worked as expected.

Flattened positions and canceled working orders for Trade Account: XXXXXXXX

Reason: Flatten Positions. Daily net loss limit has been reached. DailyNetLossLimit= -1500.00. CurrentNetPL= -1501.00

Positions flattened:

TradeAccount: XXXXXXXX, Symbol: ESH22_FUT_CME, Long: 1

For actual orders submitted, check 'Trade >> Trade Activity Log' in Sierra Chart with your risk manager username.



Thank you,
Anthony Giacomin
Stage 5 Trading

Trading derivatives carries a high degree of risk, and may not be suitable for all investors. Past performance is not necessarily indicative of future results.
[2022-02-18 00:14:58]
SierraTraders - Posts: 67
Was the post 28 trade done with SC Teton Auto Liquidation.......?
[2022-02-18 00:48:32]
Stage 5 Trading - Posts: 152
Yes, it was.

Thank you,
Anthony Giacomin
Stage 5 Trading

Trading derivatives carries a high degree of risk, and may not be suitable for all investors. Past performance is not necessarily indicative of future results.
Date Time Of Last Edit: 2022-02-18 00:49:04
[2022-03-07 16:15:57]
User752471 - Posts: 14
Thank you for this information, we will be following up with them.

Hey Sierra team,

just wanted to follow up on message #10 with regards to the status on implementing the daily loss limit auto liquidation feature with Edge Clear brokers.

Has this feature been activated with them?

Thanks again for all of the great work that you guys do!

Best Regards
[2022-03-07 23:25:56]
Sierra_Chart Engineering - Posts: 14213
You need to contact Edge Clear about this.
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, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2022-03-08 01:06:15]
User752471 - Posts: 14
That's actually the reason I was reaching out here as I spoke with them on Friday and was advised the following:

At this point it is all in Sierra’s hands. We have been in close contact with them and we are ready from our side to start implementing the auto liquidation features, however, Sierra indicated they would like to have all end users (Broker’s, FCM’s, and traders) sign some authorization agreements before we start enabling it. Once Sierra completes the write-up of those agreements, we should be good to go and will let everyone know! They should have it done this week.

[2022-03-08 21:42:38]
Sierra Chart Engineering - Posts: 104368
We will follow up with them again.
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
[2022-03-09 20:21:24]
BillsSBC - Posts: 29
Same as post #18. Need to have this implemented, this is a very important feature. I would have delayed my switch if I wasn't promised this was a feature that was days away, months ago.
[2022-03-09 20:30:29]
Stage 5 Trading - Posts: 152
Please keep in mind that Sierra Chart Teton Order Routing with Auto-Liquidation is available at Stage 5 today.

If you have questions or would like to speak to an assigned personal broker for details, please call us at 1-312-896-9897 or 1-800-258-6675. You can email us at sierrachart@s5trading.com and can also contact us here: https://stage5trading.com/contact/

Thank you,
Anthony Giacomin
Stage 5 Trading

Trading derivatives carries a high degree of risk, and may not be suitable for all investors. Past performance is not necessarily indicative of future results.
[2022-03-09 20:44:36]
User829162 - Posts: 31
Talk to IronbeamFutures, I had my account setup with Teton Order Entry in one day, wired funds. My previous broker was TransAct for over 10 years.
[2022-03-09 20:46:31]
Stage 5 Trading - Posts: 152
Are you with Ironbeam through Stage 5 Trading? If so, I can work on getting this setup for you.

Let me know when you have a chance.

Thank you,
Anthony Giacomin
Stage 5 Trading

Trading derivatives carries a high degree of risk, and may not be suitable for all investors. Past performance is not necessarily indicative of future results.
[2022-03-09 22:18:08]
User829162 - Posts: 31
Thanks Anthony, I opened the account directly with IronBeam Futures several weeks ago. Very easy, once funds were wired, setup and activated in one day. I now have Denali and Teton, both are rock solid. No disconnects. SierraCharts has a solid data feed and order routing.
[2022-03-09 22:23:01]
Stage 5 Trading - Posts: 152
Glad to hear your experience has been as solid as ours! Great news and feedback, thank you!


Anthony Giacomin
Stage 5 Trading

Trading derivatives carries a high degree of risk, and may not be suitable for all investors. Past performance is not necessarily indicative of future results.

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