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Trade Copier Failing!


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Trade Copier Failing!

  #1 (permalink)
eyal8r
phoenix, az
 
Posts: 1 since Sep 2011
Thanks Given: 0
Thanks Received: 0

6 times in the past 2 months, causing HUGE losses and many blown accounts. I have a few other friends with similar issues. Here's what I have:
  • 1GB Internet, Hardlined (NOT wi-fi)
  • Badass custom trading rig (top processor, 256GB ram, dedicated SSDs, etc)
  • NT 8 8.1.1.7 64-bit Lifetime
  • Apex Accounts
  • Rithmic Data
  • Replikanto latest version (1.4.6.7)
  • I've switched from trading NQ to ES thinking it would be slower and less problems- NOPE! Still happening.
  • Trading during slow market times (no news blasts)
  • Reduced accounts to using only 1 Follower account now (down from 10-15, then 5, then 3...) thinking that would resolve the issues- NOPE! Stilll happening.
  • Tried both Limit and Market Orders, with ATM for Take Profits/Stop Losses

At least 6 times for me, and multiple other times for my friends this has happened causing MAJOR losses, blown PA accounts, etc. The leader will hit a stop, and leaves 1 or more of the followers in (or doesn't get the followers in to begin with put places their stop orders after the leader has exited, resulting in a 'hidden' trade in the opposite direction).

To me, it just seems that the combo of using NT, Rithmic & Replikanto is the problem. I've heard others who don't experience issues are using Tradeovate, AND/OR a completely separate platform for either ALL of their orders completely, or, the leader order on a separate platform, and the followers thru NT/Replikanto/Rithmic. It's IRONIC that this ONLY happens when it goes against you, and NEVER fails in your favor... About to give up on prop accounts/trade copiers completely as there seems to be no solutions. Ninja, Rithmic, FlowBots and Apex all point fingers at eachother and offer no solutions. Anyone who's NEVER had an issue, can you please give me insights as to what exactly you're doing, the platforms, the type of trades, etc? There's got to be a reason why it happens to many of us, and not ever the others...

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  #2 (permalink)
 
sam028's Avatar
 sam028 
Site Moderator
 
Posts: 3,765 since Jun 2009
Thanks Given: 3,825
Thanks Received: 4,629


eyal8r View Post
6 times in the past 2 months, causing HUGE losses and many blown accounts. I have a few other friends with similar issues. Here's what I have:
  • 1GB Internet, Hardlined (NOT wi-fi)
  • Badass custom trading rig (top processor, 256GB ram, dedicated SSDs, etc)
  • NT 8 8.1.1.7 64-bit Lifetime
  • Apex Accounts
  • Rithmic Data
  • Replikanto latest version (1.4.6.7)
  • I've switched from trading NQ to ES thinking it would be slower and less problems- NOPE! Still happening.
  • Trading during slow market times (no news blasts)
  • Reduced accounts to using only 1 Follower account now (down from 10-15, then 5, then 3...) thinking that would resolve the issues- NOPE! Stilll happening.
  • Tried both Limit and Market Orders, with ATM for Take Profits/Stop Losses

At least 6 times for me, and multiple other times for my friends this has happened causing MAJOR losses, blown PA accounts, etc. The leader will hit a stop, and leaves 1 or more of the followers in (or doesn't get the followers in to begin with put places their stop orders after the leader has exited, resulting in a 'hidden' trade in the opposite direction).

To me, it just seems that the combo of using NT, Rithmic & Replikanto is the problem. I've heard others who don't experience issues are using Tradeovate, AND/OR a completely separate platform for either ALL of their orders completely, or, the leader order on a separate platform, and the followers thru NT/Replikanto/Rithmic. It's IRONIC that this ONLY happens when it goes against you, and NEVER fails in your favor... About to give up on prop accounts/trade copiers completely as there seems to be no solutions. Ninja, Rithmic, FlowBots and Apex all point fingers at eachother and offer no solutions. Anyone who's NEVER had an issue, can you please give me insights as to what exactly you're doing, the platforms, the type of trades, etc? There's got to be a reason why it happens to many of us, and not ever the others...

I've coded a trade copier, do you want to try it?
So far no problem from the guys using it with Apex/Rithmic.

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  #3 (permalink)
 
mwf2220's Avatar
 mwf2220 
Abu Dhabi United Arab Emirates
 
Experience: None
Platform: NinjaTrader
Broker: Philip Capital
Trading: futures
Posts: 163 since Sep 2020
Thanks Given: 1,539
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sam028 View Post
I've coded a trade copier, do you want to try it?
So far no problem from the guys using it with Apex/Rithmic.

Hi, could I have a copy of that?

Thanks.

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  #4 (permalink)
 sienna 
Melbourne, Australia
 
Experience: Beginner
Platform: Ninja Trader
Broker: Ninjatrader Brokerage
Trading: Many
Frequency: Several times daily
Duration: Minutes
Posts: 162 since May 2012
Thanks Given: 274
Thanks Received: 123


sam028 View Post
I've coded a trade copier, do you want to try it?
So far no problem from the guys using it with Apex/Rithmic.

Hi Sam028,

I currently use Replikanto with multiple Apex accounts/Rhythmic on the one NT8 platform, on the one PC. I have had the occasional similar issue of hanging orders and dropped stops.

In a few weeks I will receive a strategy coded for me, for MNQ and a few other futures, using Range bars, where the system moves stops to break even at a specific tick amount, and closes down completely for the day, at xyz $ amount.

Which of the 2 Tools that you offer would be best for the above scenario? NT8 Replikator or NT8 Network Replikator ?

Thanks

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  #5 (permalink)
 
sam028's Avatar
 sam028 
Site Moderator
 
Posts: 3,765 since Jun 2009
Thanks Given: 3,825
Thanks Received: 4,629


sienna View Post
Hi Sam028,

I currently use Replikanto with multiple Apex accounts/Rhythmic on the one NT8 platform, on the one PC. I have had the occasional similar issue of hanging orders and dropped stops.

In a few weeks I will receive a strategy coded for me, for MNQ and a few other futures, using Range bars, where the system moves stops to break even at a specific tick amount, and closes down completely for the day, at xyz $ amount.

Which of the 2 Tools that you offer would be best for the above scenario? NT8 Replikator or NT8 Network Replikator ?

Thanks

@mwf2220 : send me a pm then.

@sienna : the potential small problem in this case is if the entries are not identical the break even price will be different on the destination account (if the entry orders are market orders), but not a big deal. It would be the local Replicator, the network version is only made to replicate orders between different machines (in the same local network or on different networks).

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