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Bob
I inquired about this to get some specifics. What a crock. It turns out the
real answer goes something like this. The automated strategy will transmit
and keep one live order on their server. This order will be the closest one
to an execution. So if your stop is farther away than say a profit target.
The stop will not be sent. The profit target will. If your computer shuts
down the order will not execute even if on their server. WHAT GOOD IS IT as
a disater stop? LOL . What I really would like to know is if they price
oscillates up and down whether the active order switchs between Stop and
Profit. this is crazyness. The statement on their website seems like False
advertising to me.
Thanks
Jerry
-----Original Message-----
From: Bob Fulks [mailto:bfulks@xxxxxxxxxxxx]
Sent: Saturday, June 10, 2006 4:38 PM
To: Omega List
Subject: Re: Automated Platform
From the TradeStation web site:
Automated Stop Order Enhancement
Now strategy stop orders generated at an interval of 1 minute or greater,
per chart, will be sent directly to the TradeStation Order Execution
Network. In prior versions of TradeStation, strategy generated stop orders
were marked as 'price restricted' in the TradeManager and were not sent to
the TradeStation Order Execution Network until the stop price had been met.
Bob Fulks
At 02:37 PM 6/10/2006, you wrote:
>I am looking for suggestions, As I recall when I last investigated TS8 it
>did not have the ability to place stops for emini's on the brokers server.
>In this case Tradestations trading servers. Stops resided locally. This
>leaves the automated platform sensitive to Crashes, Power outages and Loss
>of Internet connectivity. Is this still the case and if so what third
party
>options are availible that can be programmed to automatically place a
>disaster stop with each order. I am looking for something easy to use so I
>don't have to completely rewrite my Easylanguage code.
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