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Phantom trades in NT?


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Phantom trades in NT?

  #11 (permalink)
 lblanks 
South Carolina
 
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I read it but it doesn't make any sense because the time when order was placed I was in bed and had no strategies running. It shows time and order placed but that doesn't explain how it could happen.

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  #12 (permalink)
 greenr 
london/england
 
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This sort of happened to me before apart from i generated a + trade out of it :-)

My internet went down so i immediately called my brokers "AMP" while touching cloth on a 10 contract crude trade

I flattered my position and left it at that, when my internet decided to start working again i was amazed to be in a long position with some nice profit, when i called "AMP" and went mad because they were filling positions when i could not possibly have because my internet was down

What happened is they closed my previous position but i did not tell them to cancel all out standing orders

so.................

Where i had my stop, this order was filled as a buy order long because it was still sitting on the exchange

Obviously not the case here but just saying as it might help

" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"
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  #13 (permalink)
 
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 Fat Tails 
Berlin, Europe
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greenr View Post
This sort of happened to me before apart from i generated a + trade out of it :-)

My internet went down so i immediately called my brokers "AMP" while touching cloth on a 10 contract crude trade

I flattered my position and left it at that, when my internet decided to start working again i was amazed to be in a long position with some nice profit, when i called "AMP" and went mad because they were filling positions when i could not possibly have because my internet was down

What happened is they closed my previous position but i did not tell them to cancel all out standing orders

so.................

Where i had my stop, this order was filled as a buy order long because it was still sitting on the exchange

Obviously not the case here but just saying as it might help


That is one of the most frequent causes. A position is closed, but the remaining orders - stop loss orders or profit orders - are not cancelled.

After the position is closed one of those remaining orders will then bring you into a naked long or short position.


@lblanks: From the previous posts I can see that you had an open position, but that no strategy was running. How did you make sure - without an ATM strategy running - that the stop loss for your open position was cancelled when it was closed?

Again you would see from your log and trace file, when you had put on the stop order, not only when it had been executed. Why don't you read your files?

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  #14 (permalink)
 greenr 
london/england
 
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Fat Tails View Post
You will find the log files under My Documents -> NinjaTrader 7 -> log and the trace files under My Documents -> NinjaTrader 7 -> trace.

Both log and trace file should list all orders, irrespectively whether you have used a strategy or not. They would therefore allow you to understand at what time the order that was executed during the night had been submitted.


This is how I would proceed:

(1) Connect to your account, then go to NinjaTrader Control Center -> Account Performance and select the appropriate period during which the problem occurred. Select executions tab and have a look at the executions. You will learn at what time your trades were executed. Write down the order numbers.

(2) Go to the logfile and search for the order numbers. This should help to find out, when the order had actually been submitted. The logfile is easier to read than the trace file.

(3) If you cannot understand what happened by analyzing the log file, open the trace file and have a look at the details.

(4) Enjoy.

This was one of them day`s were we use the "Quote"

You learn some thing new every day

" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"
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  #15 (permalink)
 wavey 
Germany / Italy
 
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lblanks View Post
I read it but it doesn't make any sense because the time when order was placed I was in bed and had no strategies running. It shows time and order placed but that doesn't explain how it could happen.

Go to your log file and check for the order id associated to the 'phantom', then use the search function in the editor to unravel it's history to the origin.

Best of luck.

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  #16 (permalink)
 lblanks 
South Carolina
 
Experience: Intermediate
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I appears to be a stop order order entry. I did a search on the 25th (preceding day) and the 24th and 23 rd I cant find anything that goes with this order. I searched for "05483a64e90d4ac181964258dc66a306" and "1914316897" and found nothing. The order appears as a stop order named "stop1" at 1:08 am


Any thoughts? How could it be a "left over" stop order if there is no corresponding entry order?

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  #17 (permalink)
 lblanks 
South Carolina
 
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I did the same order search in the trace file and found nothing.

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  #18 (permalink)
 
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 Fat Tails 
Berlin, Europe
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lblanks View Post
I appears to be a stop order order entry. I did a search on the 25th (preceding day) and the 24th and 23 rd I cant find anything that goes with this order. I searched for "05483a64e90d4ac181964258dc66a306" and "1914316897" and found nothing. The order appears as a stop order named "stop1" at 1:08 am


Any thoughts? How could it be a "left over" stop order if there is no corresponding entry order?

If I look at the logfile, it shows

-> you probably entered a long position at 1:08:05 executed at 1.2155
-> you placed a stop limit order (stop price 1.2124, limit price 1.2144) at 1:08:05
-> somehow the long position was closed (mystery, not shown)
-> the stop limit order was hit and you entered short at 4:07:39, or was that the closign of the position

The logfile does not show all the information, so it is difficult to make any conclusions.

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  #19 (permalink)
 lblanks 
South Carolina
 
Experience: Intermediate
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Broker: Zen Fire
Trading: 6E, ES
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I am posting the log back to where I flattened everything at the start of the session. I usually cancel all orders and flatten everything just to be sure when I start a session.


The trade at 108 was actuaLLy my short position being stopped out. Entered at 7:41 on 7-25 short @ 1.2142 Stop was at 2155

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  #20 (permalink)
 
Fat Tails's Avatar
 Fat Tails 
Berlin, Europe
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lblanks View Post
I am posting the log back to where I flattened everything at the start of the session. I usually cancel all orders and flatten everything just to be sure when I start a session.

The information is not sufficient to find out what happened.

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Last Updated on July 27, 2012


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