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Exit Positions before market closes: What if connection loss?

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    Exit Positions before market closes: What if connection loss?

    Hi Ninjas,

    As day trader it's mandatory to exit any opened position before market closes. For this purpose you might have basically 2 ways:

    1. Use NinjaTrader function called "Flatten All" under Options-Misc OR
    2. Program it in your Algo under a special condition.

    So far so good, but there's a dangerous situation that I can't still solve: What if there's connection loss in your location ( home, zone....etc ) and your system isn't able to send exit orders?

    - Is there any way to program this directly from Ninjatraders's servers so orders will be triggered always?


    I've done this question to Intercativebrokers, but so far no answer.

    Any help would be highly appreciated.

    #2
    Hello pstrusi,

    Thanks for your post.

    No, this can not be programmed onto our servers. Your script runs directly off your computer. What you may want to consider however is running NinjaTrader and a VPS. Additionally you can set you TIF for your orders to Day.

    NinjaTrader is pleased to partner with Speedy Trading Servers to deliver reliable hosting solutions for our automated and semi-automated trading clients.

    Speedy Trading Servers offers Windows based Virtual Private Servers (VPS) or Dedicated Servers for traders located near NinjaTrader's data providers and order routing technology partners. Some key benefits of these hosting solutions include:

    Reliability: Dedicated VPSs and servers achieve 100% uptime network SLA with Speedy Trading Server's network providers offering a solution that runs 24/7/365.
    Speed: 1 Gb/s Network links are used to achieve sub-millisecond connections to NinjaTrader's data providers and order routing technology partners.
    Location: With locations in data centers in Chicago and New Jersey, Speedy Trading Servers is well suited for algorithmic and news based traders utilizing fully- or semi-automated strategies, including NinjaTrader's Advanced Trade Management (ATM) Strategies.
    The VPS solutions utilize a Windows Server 2008 r2 Operating System and dedicated hardware resources with options meeting the most demanding trader's requirements. Connect to your VPS or Dedicated Server using Microsoft's fast and secure Remote Desktop Connection from your PC or Mac. Additional connection options are available for mobile devices (Android, iOS).

    For more information regarding these solutions, additional benefits for NinjaTrader Brokerage clients, and a Free Trial, please contact Speedy Trading Servers: http://www.speedytradingservers.com/contact

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