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TradeStation Order Execution Network's stop server


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TradeStation Order Execution Network's stop server

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  #1 (permalink)
MaryJ
Amsterdam, Netherlands
 
 
Posts: 1 since Jul 2022
Thanks: 0 given, 1 received

Currently I'm running an automated strategy that uses stop orders to enter and exit the MNQ futures. The orders are currently held on the TradeStation Order Execution Network's Stop server. According to TradeStation this setting "guards against rejected stop orders." I'm not sure what that means exactly. In order to reduce slippage I want to try to uncheck the option to always hold stop orders on the TradeStation Order Execution Network's Stop server. As far as I know CME allows for stop orders to be held on their servers. I'm wondering what your settings for stop orders are and why?

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Flash Gordon
Burlington, North, Carolina/USA
 
 
Posts: 18 since May 2019
Thanks: 16 given, 14 received

1.) Curious, does your automation include anything but a pure "buy" at a very specific price i.e. 3900.00, and 3900.00 only, and did not vary under any circumstances? 2.) Is there a "take-profit" order involved?

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