Trading Tip - What Can I do when my trading automation goes nuts?
Grab a free mini S&P algo strategy and other helpful trading info: [ Ссылка ]
It was a calm, peaceful trading day, until 4:14 PM. A nice behaving algo I had - trading the micro mini S&P - went bonkers in front of my eyes.
In the space of 60 seconds, it executed 332 buys and sells. YIKES!
See how it happened, how I fixed it and better yet, how you can prevent such an algorithmic automation disaster from happening in your account!
For those wondering, I was running 1 tick chart, which means the strategy code would execute every tick! That is why there were so many orders.
Your Trading Guide: Kevin Davey has been algo trading futures for over 25 years, and is currently a full time trader. He is a 3 time international futures trading contest trophy winner and the author of 4 best selling trading books.
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Kevin can be reached via e-mail at kdavey@kjtradingsystems.com.
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