Hello,
I started trading live today, after quite a bit of simulated trading screen time.
(Keep in mind, I blame nobody but myself for this and am not asking for anything other than to troubleshoot this)
I always enter my trades with an ATM Strategy that creates a $75 stop-loss for me. At times, during economic report releases, I use an ATM Strategy that puts in a $250 stop-loss for me, but today I did not use that strategy and only used the $75 stop strategy for each trade today instead.
I started out doing well and had a net profit of $595.00 after I started trading today.
I knew that the EIA Petroleum Status report was set to be released in a few minutes and I thought that if I risk $75, I have a lot to gain and little to lose. So I placed an ATM Strategy buy-stop.
When the price hit my buy-stop, I immediately got an error message. I was then horrified to see that I had no stop-loss and the price had gone against me in a big way.
I had to manually close the trade out, but by then I had racked up a $1,255.80 loss, from that one trade, when I thought my maximum risk would be $75.
After that, while emotionally distraught, I tried to make up for my losses and took mediocre trade setups and lost some more of my money.
Again, I take responsibility for this, I should not have entered that economic report release trade or continue trading afterwards. I learned my lesson the hard way. No more economic report release trades.
The Order ID for that trade is: 473921325
The only thing I ask is that you please try to find out what went wrong, why my ATM Strategy stop-loss did not trigger and if there is a bug in Ninjatrader that needs to be fixed or not.
Screenshots attached,
I started trading live today, after quite a bit of simulated trading screen time.
(Keep in mind, I blame nobody but myself for this and am not asking for anything other than to troubleshoot this)
I always enter my trades with an ATM Strategy that creates a $75 stop-loss for me. At times, during economic report releases, I use an ATM Strategy that puts in a $250 stop-loss for me, but today I did not use that strategy and only used the $75 stop strategy for each trade today instead.
I started out doing well and had a net profit of $595.00 after I started trading today.
I knew that the EIA Petroleum Status report was set to be released in a few minutes and I thought that if I risk $75, I have a lot to gain and little to lose. So I placed an ATM Strategy buy-stop.
When the price hit my buy-stop, I immediately got an error message. I was then horrified to see that I had no stop-loss and the price had gone against me in a big way.
I had to manually close the trade out, but by then I had racked up a $1,255.80 loss, from that one trade, when I thought my maximum risk would be $75.
After that, while emotionally distraught, I tried to make up for my losses and took mediocre trade setups and lost some more of my money.
Again, I take responsibility for this, I should not have entered that economic report release trade or continue trading afterwards. I learned my lesson the hard way. No more economic report release trades.
The Order ID for that trade is: 473921325
The only thing I ask is that you please try to find out what went wrong, why my ATM Strategy stop-loss did not trigger and if there is a bug in Ninjatrader that needs to be fixed or not.
Screenshots attached,
Attached Files
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