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Ladder setup


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Ladder setup

  #1 (permalink)
London Trader
London, UK
 
Posts: 38 since Jul 2015
Thanks Given: 11
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Hi all,

Is there a way to prevent the CQG ladder from placing orders on the left mouse click?

Reason: I've had a regrettable fat finger trade. This happened when I tried to focus on a ladder that was obscured by my QFormula window.

I don't want my ladder to be that sensitive. I like buying/selling at market, and I sometimes place limit orders, but I do not want a feature that enters a trade immediately at the price accidentally clicked on - I'd love to have that capability switched off.

Thanks!

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  #2 (permalink)
 Japhro 
Canada
 
Experience: Advanced
Platform: Sierra
Broker: AMP/Rithmic
Trading: NQ, ES, YM, UB
Posts: 213 since Aug 2013
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The best way to prevent fat finger orders on a dom is to enable confirmations, so that you have to confirm each order entry on a separate window before it is placed

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  #3 (permalink)
 
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 xplorer 
London UK
Site Moderator
 
Experience: Beginner
Platform: CQG
Broker: S5
Trading: Futures
Posts: 5,982 since Sep 2015
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London Trader View Post
Hi all,

Is there a way to prevent the CQG ladder from placing orders on the left mouse click?

Reason: I've had a regrettable fat finger trade. This happened when I tried to focus on a ladder that was obscured by my QFormula window.

I don't want my ladder to be that sensitive. I like buying/selling at market, and I sometimes place limit orders, but I do not want a feature that enters a trade immediately at the price accidentally clicked on - I'd love to have that capability switched off.

Thanks!

In addition to Japhro's useful suggestion, the only 2 scenarios I can think of where a fat finger trade would take place with the CQG ladder are either if you click a limit order when the inside bid/ask happens to be there or you click on buy/sell at market. Was that one of those cases?

The other alternative would be to use market orders via keyboard commands (I think they need to be enabled) and leave the mouse for limit orders only.

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Last Updated on October 8, 2016


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