Why Didn't My Trade Close At The Take Profit?

If your trade didn't close at the take profit level as expected in Options Auto Trader, there could be a few reasons why. Understanding the potential causes will help you troubleshoot the issue and ensure your trades are closing properly in the future. This article will walk you through the most common reasons why a trade may not have closed at the take profit level.

1. Check Hedge Rules for 112 Auto Trader

If you're using a 112 Auto Trader with hedge rules enabled, the trade will exit based on specific rules tied to the hedge you’re turning the trade into. When using hedging options like the Put Debit Spread (PDS) or Ratio Hedge, the system follows the rules for transforming the trade into a hedge rather than simply closing the entire position at the take profit.

What to Check:

Review the hedge rules you set for your 112 Auto Trader.
If your trade is configured to turn into a hedge instead of closing at the take profit, it will not fully exit as you might expect.

2. Verify That Automation Rules Aren't Ignored

It’s possible that the trade has been manually set to ignore automation rules, meaning it won’t follow the take profit exit rule or any other automated exit rules. This is a rare case, as it must be manually enabled.

What to Check:

Go into your trade settings and verify that Ignore Automation Rules isn’t enabled.
If it’s enabled, the trade will not exit based on the usual automated rules. Disable this option if you want the auto trader to follow its regular exit conditions.

3. Ensure Your Broker Connection is Active

If your account isn’t connected to your broker or if there’s an issue with the broker connection, the auto trader may not be able to execute trade orders. Ensuring your account is properly connected and able to place trades is critical for the system to function.

What to Check:

Verify that your broker account is connected and can execute trade orders.
If there are connection issues, troubleshoot the connection or reconnect your broker in the Broker Connection section of your account.

4. Understand the 30-Second Delay

There is a 30-second delay between the time a take profit rule is triggered and when the trade is closed. It takes our system approximately 30 seconds to:

Identify that the exit condition has been met.
Create the exit order and submit it to your broker.
Update the trade's fill on the Options Auto Trader platform, which may take an additional 30 seconds after execution.

What to Expect:

Your trade may not close exactly at the take profit level due to this delay.
Monitor your trades with this timing in mind, as slight deviations are normal given this process.

5. Other Considerations

If none of the above factors apply, consider whether there were other market conditions or broker-related issues that may have prevented your trade from closing at the take profit level. Sometimes slippage, execution delays, or broker-side issues can impact trade closures.

What to Check:

Review your trade history for any potential execution delays.
Contact your broker if you suspect there were issues with order execution.

Conclusion

If your trade didn’t close at the take profit as expected, it could be due to specific hedge rules, ignored automation settings, broker connection issues, or the normal 30-second delay in the system. By reviewing these factors, you can pinpoint the cause and ensure your trades are properly set to close at the right time moving forward.

If you have any additional questions or need assistance, feel free to contact our support team for help.