I have the following question concerning risk in trading. Hope this is the right place as it has nothing to do with a strategy. If in a script strategy for exits instead of setprofittarget one uses conditions then one can run into severe problems when pc is frozen or internet connection is interrupted - because when during this difficulties the stop was hit on exchange then there is no more position but when pc starts running again and conditions for exits are true then the script strategy will execute the exit, with the result that there is a new position. Is this understanding correct?
But when using setprofittarget for exits can this same situation as described above happen to run in an opposite position? Meaning when pc works again, in the meantime during internet outage stop was hit, but pc still shows stop and target from setstoploss and setprofittarget. This setstoploss and setprofittarget shown on my pc only (should) mirroring orders from exchange but will not cause an exit, they do not call any action? Yes/No? (So these orders are shown on my pc untill new connected maybe?) Hope could describe the 2 differences in behavior from my understanding.
PS: I´m using NinjatraderBrokerage with continuum but this should not be important for that question (its not about "where do your orders reside" )
Thank you!
Tony
Comment