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| Subject: | Market order remains "working" |
| Posted by: | User Removed ( C2 Score: 633 ) |
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| When: | 1/28/12 (7:07) | |
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| | Hello,
At 16:32 ET yesterday I attempted to close an open long position using a sell to close market order.
This market order has remained "working" and hasn't actually closed the position in my C2 system.
From what I gather, this position has been closed in some subscriber's accounts and in one case at least, a NEW long position has been opened (I would imagine this is to do with autosync being enabled).
I suspect this issue is due to the time I attempted to close this trade. Personally I am able to trade until 17:00 ET on a Friday although if there are subscribers with brokers which had closed trading before 16:32 ET this may explain why the market order remained "working" and did not go through as usual.
Of course the solution for me in future is to make sure I conduct all trading activity before 16:00 ET on a Friday.
I should point out I would rather I was unable to trade at all, rather than be allowed to trade at times when subscribers will become out of sync with the system on C2. Although I don't know if this is at all practical.
I would just like to make the C2 team aware of my experience and that of my subscribers. |
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| Subject: | Market order remains "working" |
| Posted by: | Pal Anand ( C2 Score: 988) |
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| When: | 1/28/12 (9:25) | |
| Systems: | Direxion (FAS/FAZ), Direxion BGU/BGZ, Direxion DRN/DRV, Direxion DZK/DPK, Direxion EDC/EDZ, Direxion ERX/ERY, Direxion LBJ/LHB, Direxion MWJ/MWN, Direxion NUGT/DUST, Direxion SOXL/SOXS, Direxion TMF/TMV, Direxion TNA/TZA, Extreme Stocks, ProShares AGQ/ZSL, Proshares TQQQ/SQQQ, ProShares UCO/SCO, ProShares UGL/GLL, Proshares UPRO/SPXU, ProShares UUP/UDN, ProShares UVXY, ProShares UYM/SMN, ProShares XPP/FXP, System 78433109, System 1200737, System 13513226, System 14747274, System 14900604, System 17333270, System 18570303, System 21001636, System 22811602, System 25126348, System 25286922, System 25480083, System 26583686, System 26874100, System 28959109, System 30070387, System 30091398, System 30092309, System 32171590, System 33686814, System 36312421, System 39940733, System 49372097, System 51623361, System 56204818, System 59614452, System 62659351, System 63709256, System 64327252, System 64862505, System 65149161, System 65149202, System 66082786, System 69788609, System 69789319, System 74827691, System 76000954, System 76001024, System18339738 |
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| | In response to post by User Removed of 1/28/12 (7:07) Hello,
At 16:32 ET yesterday I attempted to close an open long position using a sell to close market order.
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See entire
It should be fairly easy to implement a message saying that the market for the particular instrument is closed (when trying to place a market day order outside of market hours). In fact, this is the standard practice in all forex platforms. C2 does have a warning that forex market closes 4 PM EST.
In case of placing a GTC order, the order can be put in queue. I'm not sure that you placed a day order as opposed to a GTC order. So, if the GTC order is not filled right away, it will be filled when the market opens, Sunday evening. This may affect the profit depending on where it opens. This should not cause serious trouble unless one is scalping. |
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