How We Handle Failed Orders (Retry Orders Process)

In Options Auto Trader, we have a system to handle failed orders. This keeps your bot running smoothly and follows your trading rules. Here's how we handle failed open orders and close orders.

Failed Open Orders

If an open order fails because of problems like not enough buying power or a broker issue, the bot will not try to re-enter the trade right away. It will wait until the entry rules are met again before trying.

Why We Do This:

• To make sure the bot follows your trading plan.
• To avoid entering trades at the wrong time.

Failed Close Orders

If a close order fails, the system will automatically retry up to 5 times.

How It Works:

1. The bot will see that the close order failed.
2. It will try the order again up to 5 times.
3. If it still fails, we will send you an email telling you to close the trade manually in your broker account.

Notifications for Failed Close Orders

If the bot can’t close the trade after 5 tries:

1. You will get an email notification with instructions to close the trade manually.
2. The bot will stop trying to close the order.

Summary

• Open Orders: The bot will wait for the entry rules to be met again if an open order fails.
• Close Orders: The bot will retry a failed close order up to 5 times. If it still fails, you’ll get an email to close the trade manually.
• Automation: The bot handles all of this for you automatically.

If you need help or have questions, contact our support team.