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.
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.
To make sure the bot follows your trading plan.
To avoid entering trades at the wrong time.
If a close order fails, the system will automatically retry up to 5 times.
The bot will see that the close order failed.
It will try the order again up to 5 times.
If it still fails, we will send you an email telling you to close the trade manually in your broker account.
If the bot can’t close the trade after 5 tries:
You will get an email notification with instructions to close the trade manually.
The bot will stop trying to close the order.
If your Auto Trader is configured to roll a trade when it hits the stop loss and the new rolling order fails, our system will automatically retry to fill the order one more time. You will get an email notification about the failure and you will see the failure in the Trade Transparency section.
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.
Roll Orders: The bot will retry a failed rolling order one time. If it still fails, you’ll get an email and see the reason on the Trade Transparency section.
Automation: The bot handles all of this for you automatically.
If you need help or have questions, contact our support team.
TERMS OF SERVICE: Please be aware that continued use of the Options Auto Trader is subject to our Terms Of Service. If you have any questions or wish to review these terms, feel free to visit the website.
